Antero Resources Co. (NYSE:AR) Shares Bought by Signaturefd LLC

Signaturefd LLC raised its stake in Antero Resources Co. (NYSE:AR) by 19.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,222 shares of the oil and natural gas company’s stock after purchasing an additional 702 shares during the quarter. Signaturefd LLC’s holdings in Antero Resources were worth $121,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AR. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of Antero Resources by 47.1% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 1,073,905 shares of the oil and natural gas company’s stock valued at $31,144,000 after purchasing an additional 343,905 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Antero Resources by 1,311.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 960 shares of the oil and natural gas company’s stock valued at $28,000 after acquiring an additional 892 shares during the period. State of Michigan Retirement System raised its stake in shares of Antero Resources by 2.4% in the 1st quarter. State of Michigan Retirement System now owns 69,400 shares of the oil and natural gas company’s stock valued at $2,013,000 after acquiring an additional 1,600 shares during the period. KFG Wealth Management LLC purchased a new position in shares of Antero Resources in the 1st quarter valued at $203,000. Finally, Norden Group LLC purchased a new position in shares of Antero Resources in the 1st quarter valued at $1,255,000. Institutional investors and hedge funds own 83.04% of the company’s stock.

Antero Resources Trading Down 1.2 %

Antero Resources stock opened at $27.40 on Tuesday. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average price of $27.44 and a two-hundred day moving average price of $30.27. The firm has a market capitalization of $8.52 billion, a price-to-earnings ratio of 137.00 and a beta of 3.33. Antero Resources Co. has a 52-week low of $20.10 and a 52-week high of $36.28.

Antero Resources (NYSE:AR) last posted its earnings results on Wednesday, July 31st. The oil and natural gas company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.04). The firm had revenue of $978.65 million for the quarter, compared to analyst estimates of $980.20 million. Antero Resources had a net margin of 1.88% and a return on equity of 0.45%. Sell-side analysts expect that Antero Resources Co. will post -0.21 earnings per share for the current year.

Insider Transactions at Antero Resources

In related news, insider Yvette K. Schultz sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $25.24, for a total value of $1,262,000.00. Following the sale, the insider now directly owns 248,363 shares in the company, valued at $6,268,682.12. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 6.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Citigroup assumed coverage on shares of Antero Resources in a research note on Tuesday, September 17th. They issued a “neutral” rating and a $29.00 target price on the stock. Barclays cut their target price on shares of Antero Resources from $32.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 3rd. Roth Capital raised shares of Antero Resources to a “strong-buy” rating in a research note on Tuesday, August 27th. Bank of America assumed coverage on shares of Antero Resources in a research note on Monday. They set a “buy” rating and a $36.00 price target on the stock. Finally, Wells Fargo & Company dropped their price target on shares of Antero Resources from $25.00 to $24.00 and set an “underweight” rating on the stock in a research note on Friday, October 18th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Antero Resources presently has an average rating of “Moderate Buy” and an average target price of $32.94.

Antero Resources Profile

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.