From MarketBeat:

The stock of Antero Midstream Co. (NYSE:AM has been rated as “Reduce” by seven research firms, with three analysts suggesting a sell, two holding, and two recommending a buy. The average 1 year price objective among analysts is $12.30.

Antero Midstream (NYSE:AM) opened at $12.62, with a market capitalization of $6.05 billion, a P/E ratio of 17.29 and a beta of 2.32. The company reported $0.23 EPS for the quarter, with a net margin of 34.61% and return on equity of 18.98%.

Antero Midstream recently declared a $0.225 quarterly dividend, representing an annualized dividend yield of 7.13%. The ex-dividend date was Tuesday, October 24th.

Several institutional investors and hedge funds have recently made changes to their positions in Antero Midstream, with Norges Bank having the highest position valued at $37,729,000.

Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure in the Appalachian Basin, with a network of gathering pipelines and compressor stations to collect and process production from Antero Resources’ wells in West Virginia and Ohio.



Read more: Antero Midstream Co. (NYSE:AM) Given Average Rating of “Reduce” by Analysts