Intech Investment Management LLC significantly increased its stake in Antero Midstream Corporation (NYSE:AM) by 116.1% in the third quarter, bringing its total holdings to 458,609 shares valued at approximately $8.92 million. This move comes as other institutional investors have also adjusted their positions in the pipeline company, which recently reported strong quarterly earnings of $0.28 EPS against an expected $0.24, and pays an annual dividend of $0.90, yielding about 4.0%. Analysts currently have a “Hold” consensus rating on Antero Midstream with a target price of $21.33.
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Intech Investment Management LLC Has $8.92 Million Holdings in Antero Midstream Corporation $AM
Intech Investment Management LLC significantly increased its stake in Antero Midstream Corporation (NYSE:AM) by 116.1% in the third quarter, bringing its total holdings to 458,609 shares valued at approximately $8.92 million. This move comes as other institutional investors have also adjusted their positions in the pipeline company, which recently reported strong quarterly earnings of $0.28 EPS against an expected $0.24, and pays an annual dividend of $0.90, yielding about 4.0%. Analysts currently have a “Hold” consensus rating on Antero Midstream with a target price of $21.33.