Mitsubishi UFJ Financial Group reissued their overweight rating on shares of Antero Midstream Partners LP (NYSE:AM) in a report released on Friday morning.

A number of other brokerages have also commented on AM. Zacks Investment Research lowered Antero Midstream Partners from a hold rating to a sell rating in a research note on Tuesday, July 11th. Robert W. Baird set a $42.00 price objective on Antero Midstream Partners and gave the stock a buy rating in a report on Sunday, September 10th. Stifel Nicolaus upgraded Antero Midstream Partners from a hold rating to a buy rating and set a $23.00 price target for the company in a report on Tuesday, August 15th. Guggenheim began coverage on Antero Midstream Partners in a report on Thursday, July 20th. They set a buy rating and a $37.00 price target for the company. Finally, ValuEngine upgraded Antero Midstream Partners from a hold rating to a buy rating in a report on Wednesday, September 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company. Antero Midstream Partners has an average rating of Buy and an average target price of $39.25.

Shares of Antero Midstream Partners (NYSE:AM) traded up $0.22 on Friday, hitting $28.00. The stock had a trading volume of 402,848 shares, compared to its average volume of 458,098. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $5,230.00 and a PE ratio of 19.29. Antero Midstream Partners has a 12-month low of $27.01 and a 12-month high of $35.74.

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The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 23rd. Investors of record on Wednesday, November 1st will be issued a $0.059 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.84%. Antero Midstream Partners’s dividend payout ratio is presently 95.10%.

In other Antero Midstream Partners news, major shareholder Resources Corp Antero sold 10,000,000 shares of Antero Midstream Partners stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $31.11, for a total value of $311,100,000.00. Following the sale, the insider now owns 98,870,335 shares of the company’s stock, valued at approximately $3,075,856,121.85. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 7.91% of the stock is currently owned by insiders.

A number of large investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. increased its position in shares of Antero Midstream Partners by 95.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 22,700 shares of the pipeline company’s stock valued at $716,000 after purchasing an additional 11,088 shares during the last quarter. Center Coast Capital Advisors LP increased its position in shares of Antero Midstream Partners by 56.4% during the 3rd quarter. Center Coast Capital Advisors LP now owns 134,757 shares of the pipeline company’s stock valued at $1,512,000 after purchasing an additional 48,618 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its position in shares of Antero Midstream Partners by 2.7% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 93,830 shares of the pipeline company’s stock valued at $2,958,000 after purchasing an additional 2,490 shares during the last quarter. Dividend Assets Capital LLC increased its position in shares of Antero Midstream Partners by 1.4% during the 3rd quarter. Dividend Assets Capital LLC now owns 948,419 shares of the pipeline company’s stock valued at $29,904,000 after purchasing an additional 12,827 shares during the last quarter. Finally, Ballentine Partners LLC increased its position in shares of Antero Midstream Partners by 22.3% during the 3rd quarter. Ballentine Partners LLC now owns 21,385 shares of the pipeline company’s stock valued at $674,000 after purchasing an additional 3,900 shares during the last quarter. 43.09% of the stock is currently owned by institutional investors and hedge funds.

Antero Midstream Partners Company Profile

Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources’ production. The Company’s segments include gathering and compression, and water handling and treatment. The gathering and compression segment includes a network of gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids (NGLs) and oil from Antero Resources’ wells in West Virginia and Ohio.

Analyst Recommendations for Antero Midstream Partners (NYSE:AM)

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