Yorkville Capital Management LLC trimmed its stake in Antero Midstream Partners LP (NYSE:AM) by 22.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 76,210 shares of the pipeline company’s stock after selling 21,580 shares during the period. Antero Midstream Partners accounts for about 2.8% of Yorkville Capital Management LLC’s investment portfolio, making the stock its 10th biggest holding. Yorkville Capital Management LLC’s holdings in Antero Midstream Partners were worth $2,529,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of AM. The Manufacturers Life Insurance Company lifted its position in shares of Antero Midstream Partners by 8.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,347 shares of the pipeline company’s stock worth $177,000 after purchasing an additional 410 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Antero Midstream Partners in the 1st quarter worth about $230,000. Northern Trust Corp purchased a new stake in shares of Antero Midstream Partners in the 2nd quarter worth about $245,000. Keybank National Association OH lifted its position 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 purchasing an additional 360 shares during the period. Finally, US Bancorp DE lifted its position 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 purchasing an additional 488 shares during the period. 43.22% of the stock is owned by hedge funds and other institutional investors.

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Shares of Antero Midstream Partners LP (NYSE:AM) traded down 0.56% on Tuesday, reaching $30.25. 89,227 shares of the company were exchanged. Antero Midstream Partners LP has a 52 week low of $27.01 and a 52 week high of $35.74. The company has a market capitalization of $5.64 billion, a price-to-earnings ratio of 20.55 and a beta of 1.92. The company’s 50-day moving average is $31.80 and its 200-day moving average is $32.88.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Wednesday, November 1st will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 4.47%. This is a positive change from Antero Midstream Partners’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Tuesday, October 31st. Antero Midstream Partners’s dividend payout ratio is presently 86.49%.

Several equities research analysts have recently commented on AM shares. Stifel Nicolaus raised shares of Antero Midstream Partners from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Tuesday, August 15th. Scotiabank set a $44.00 price target on shares of Antero Midstream Partners and gave the company a “buy” rating in a research report on Saturday, July 22nd. Guggenheim assumed coverage on shares of Antero Midstream Partners in a research report on Thursday, July 20th. They set a “buy” rating and a $37.00 price target for the company. ValuEngine raised shares of Antero Midstream Partners from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Finally, Robert W. Baird set a $42.00 price target on shares of Antero Midstream Partners and gave the company a “buy” rating in a research report on Sunday, September 10th. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $39.25.

In other Antero Midstream Partners news, major shareholder Resources Corp Antero sold 10,000,000 shares of the stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $31.11, for a total transaction of $311,100,000.00. Following the completion of the sale, the insider now directly owns 98,870,335 shares of the company’s stock, valued at $3,075,856,121.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 7.91% of the company’s stock.

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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