Antero Midstream Partners LP (NYSE:AM) – Equities research analysts at Capital One Financial Corporation lowered their FY2017 earnings per share (EPS) estimates for Antero Midstream Partners in a report released on Thursday. Capital One Financial Corporation analyst K. May now expects that the pipeline company will post earnings per share of $1.61 for the year, down from their previous forecast of $1.62. Capital One Financial Corporation also issued estimates for Antero Midstream Partners’ Q1 2018 earnings at $0.51 EPS, Q2 2018 earnings at $0.53 EPS, Q3 2018 earnings at $0.55 EPS and Q4 2018 earnings at $0.54 EPS.

Antero Midstream Partners (NYSE:AM) last released its quarterly earnings data on Monday, May 8th. The pipeline company reported $0.35 EPS for the quarter, meeting the consensus estimate of $0.35. Antero Midstream Partners had a net margin of 41.15% and a return on equity of 21.03%. The business had revenue of $174.77 million during the quarter, compared to the consensus estimate of $184.45 million. ILLEGAL ACTIVITY WARNING: “FY2017 EPS Estimates for Antero Midstream Partners LP (AM) Lowered by Analyst” was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.dailypolitical.com/2017/08/05/fy2017-eps-estimates-for-antero-midstream-partners-lp-am-lowered-by-analyst.html.

A number of other analysts have also recently commented on the stock. Zacks Investment Research raised shares of Antero Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, July 26th. Scotiabank set a $44.00 target price on shares of Antero Midstream Partners and gave the stock a “buy” rating in a research note on Saturday, July 22nd. Guggenheim assumed coverage on shares of Antero Midstream Partners in a research note on Thursday, July 20th. They set a “buy” rating and a $37.00 target price for the company. BidaskClub raised shares of Antero Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Finally, Citigroup Inc. restated a “buy” rating and set a $41.00 price target on shares of Antero Midstream Partners in a research report on Wednesday, May 31st. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Antero Midstream Partners has an average rating of “Buy” and an average price target of $39.00.

Antero Midstream Partners (NYSE AM) opened at 34.10 on Friday. The company has a market cap of $6.36 billion, a P/E ratio of 23.10 and a beta of 1.96. The firm’s 50 day moving average is $32.92 and its 200 day moving average is $33.77. Antero Midstream Partners has a 12-month low of $24.61 and a 12-month high of $35.74.

Institutional investors have recently bought and sold shares of the company. Kayne Anderson Capital Advisors LP raised its position in Antero Midstream Partners by 30.7% in the first quarter. Kayne Anderson Capital Advisors LP now owns 2,969,700 shares of the pipeline company’s stock worth $98,460,000 after buying an additional 697,000 shares during the last quarter. OppenheimerFunds Inc. raised its position in Antero Midstream Partners by 50.3% in the first quarter. OppenheimerFunds Inc. now owns 1,921,960 shares of the pipeline company’s stock valued at $63,732,000 after buying an additional 643,340 shares during the last quarter. Bank of Montreal Can raised its position in Antero Midstream Partners by 98.7% in the second quarter. Bank of Montreal Can now owns 1,111,946 shares of the pipeline company’s stock valued at $36,894,000 after buying an additional 552,241 shares during the last quarter. Eagle Global Advisors LLC raised its position in Antero Midstream Partners by 125.0% in the second quarter. Eagle Global Advisors LLC now owns 721,188 shares of the pipeline company’s stock valued at $23,929,000 after buying an additional 400,688 shares during the last quarter. Finally, Atlantic Trust Group LLC raised its position in Antero Midstream Partners by 33.9% in the first quarter. Atlantic Trust Group LLC now owns 1,581,678 shares of the pipeline company’s stock valued at $52,448,000 after buying an additional 400,139 shares during the last quarter. Hedge funds and other institutional investors own 46.62% of the company’s stock.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 16th. Investors of record on Thursday, August 3rd will be given a dividend of $0.32 per share. The ex-dividend date is Tuesday, August 1st. This is a positive change from Antero Midstream Partners’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a yield of 3.75%. Antero Midstream Partners’s payout ratio is presently 86.49%.

About Antero Midstream Partners

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.

Earnings History and Estimates for Antero Midstream Partners (NYSE:AM)

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