Antero Midstream Announces Increased Quarterly Distribution

Andrew Cummings
April 12, 2017

Westwood Holdings Group Inc. raised its position in shares of Noble Midstream Partners by 181.4% in the fourth quarter. It dived, as 11 investors sold Antero Midstream Partners LP shares while 25 reduced holdings. Creative Planning now owns 5,880 shares of the company's stock valued at $452,000 after buying an additional 1,411 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in American Midstream Partners by 0.3% in the fourth quarter. BlackRock Advisors LLC now owns 226,416 shares of the company's stock valued at $17,251,000 after buying an additional 69,110 shares in the last quarter. Finally, Cypress Asset Management Inc. (NYSE:MAN). Moreover, Everpoint Asset Mngmt Ltd Liability Corp has 1.2% invested in ManpowerGroup Inc. Osborne Prtn Capital Management Ltd Company reported 8,420 shares stake. Virtu Finance Lc has 0.07% invested in EQT Midstream Partners LP (NYSE:EQM).

After a recent scan, we can see that Navios Maritime Midstream Partners L.P. (NYSE:NAP) has a Shareholder Yield of 0.134715 and a Shareholder Yield (Mebane Faber) of 0.11901. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The firm's market cap is $6.38 billion. Noble Midstream Partners LP's 50-day moving average is $49.58 and its 200-day moving average is $39.12. Noble Midstream Partners has a 52 week low of $26.00 and a 52 week high of $53.29. (NYSE:MMP) last released its earnings results on Thursday, February 2nd. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by $0.04.

Among 18 analysts covering Magellan Midstream Partners L.P. The last closing price is up 27.28% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. The business's quarterly revenue was up 14.2% on a year-over-year basis. Morgan Stanley raised shares of EQT Midstream Partners from an "equal weight" rating to a "buy" rating and increased their price target for the stock from $87.00 to $89.00 in a research report on Tuesday, February 14th. The legal version of this article can be read at [[permalink]]. If you are accessing this report on another website, it was copied illegally and reposted in violation of USA & worldwide trademark & copyright legislation. The firm's market capitalization is $787.79 million. Zacks Investment Research upgraded shares of Enable Midstream Partners from a "hold" rating to a "buy" rating and set a $18.00 price target for the company in a research report on Tuesday, January 17th.

EnLink Midstream LLC (ENLC) formed multiple top with $20.18 target or 4.00% above today's $19.40 share price. RBC Capital Markets maintained the stock with "Sector Perform" rating in Wednesday, July 22 report. Antero Midstream Partners LP had 23 analyst reports since July 23, 2015 according to SRatingsIntel. Citigroup Inc cut Navios Maritime Midstream Partners from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $13.00 to $11.00 in a research note on Thursday, January 26th. Stock has got OUTPERFORM rating from 5 analysts of Thomson Reuters, no analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating. Zacks upgraded the stock to "Hold" rating in Monday, August 31 report. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Other reports by iNewsToday