Citigroup Inc. lessened its holdings in Antero Midstream Partners LP (NYSE:AM) by 31.3% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 427,325 shares of the pipeline company’s stock after selling 195,100 shares during the period. Citigroup Inc. owned approximately 0.23% of Antero Midstream Partners worth $14,178,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bollard Group LLC boosted its stake in shares of Antero Midstream Partners by 0.9% in the 2nd quarter. Bollard Group LLC now owns 9,777 shares of the pipeline company’s stock worth $324,000 after buying an additional 88 shares during the last quarter. Balentine LLC boosted its stake in shares of Antero Midstream Partners by 5.7% in the 1st quarter. Balentine LLC now owns 3,892 shares of the pipeline company’s stock worth $129,000 after buying an additional 210 shares during the last quarter. Keybank National Association OH boosted its stake in shares of Antero Midstream Partners by 4.8% in the 2nd quarter. Keybank National Association OH now owns 7,790 shares of the pipeline company’s stock worth $258,000 after buying an additional 360 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in shares of Antero Midstream Partners by 6.4% in the 2nd quarter. Proficio Capital Partners LLC now owns 7,055 shares of the pipeline company’s stock worth $247,000 after buying an additional 424 shares during the last quarter. Finally, US Bancorp DE boosted its stake in shares of Antero Midstream Partners by 6.4% in the 2nd quarter. US Bancorp DE now owns 8,108 shares of the pipeline company’s stock worth $269,000 after buying an additional 488 shares during the last quarter. Hedge funds and other institutional investors own 43.18% of the company’s stock.

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 shares were sold at an average price of $31.11, for a total value of $311,100,000.00. Following the completion of 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 legal filing with the SEC, which is available at the SEC website. Insiders own 7.91% of the company’s stock.

A number of equities analysts have recently weighed in on AM shares. BidaskClub upgraded Antero Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) started coverage on Antero Midstream Partners in a research note on Monday, May 29th. They issued a “buy” rating and a $45.00 target price on the stock. Zacks Investment Research upgraded Antero Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, July 26th. Guggenheim started coverage on Antero Midstream Partners in a research note on Thursday, July 20th. They issued a “buy” rating and a $37.00 target price on the stock. Finally, Citigroup Inc. restated a “buy” rating and issued a $41.00 target price on shares of Antero Midstream Partners in a research note on Wednesday, May 31st. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $38.50.

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Antero Midstream Partners LP (NYSE AM) traded down 0.29% during trading on Wednesday, reaching $31.32. The company had a trading volume of 31,121 shares. Antero Midstream Partners LP has a 12-month low of $25.49 and a 12-month high of $35.74. The firm has a market capitalization of $5.84 billion, a PE ratio of 21.28 and a beta of 1.96. The firm’s 50 day moving average price is $32.37 and its 200 day moving average price is $33.24.

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.

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Institutional Ownership by Quarter for Antero Midstream Partners (NYSE:AM)

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