Rhumbline Advisers Has $27.79 Million Stock Holdings in Antero Resources Co. (NYSE:AR)

Rhumbline Advisers grew its position in Antero Resources Co. (NYSE:AR) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 792,836 shares of the oil and natural gas company’s stock after purchasing an additional 5,319 shares during the period. Rhumbline Advisers owned about 0.25% of Antero Resources worth $27,789,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC raised its holdings in Antero Resources by 83.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 26,467 shares of the oil and natural gas company’s stock worth $928,000 after purchasing an additional 12,062 shares during the period. Geode Capital Management LLC increased its position in shares of Antero Resources by 1.3% during the third quarter. Geode Capital Management LLC now owns 4,852,246 shares of the oil and natural gas company’s stock worth $139,054,000 after acquiring an additional 61,490 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Antero Resources by 4.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,664,628 shares of the oil and natural gas company’s stock worth $76,342,000 after acquiring an additional 122,815 shares in the last quarter. Capital CS Group LLC bought a new stake in shares of Antero Resources during the fourth quarter worth $615,000. Finally, Franklin Resources Inc. increased its position in shares of Antero Resources by 40.6% during the third quarter. Franklin Resources Inc. now owns 756,128 shares of the oil and natural gas company’s stock worth $21,209,000 after acquiring an additional 218,517 shares in the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Antero Resources Stock Performance

Shares of AR stock opened at $40.34 on Thursday. The company has a fifty day moving average price of $36.93 and a two-hundred day moving average price of $31.45. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.35 and a quick ratio of 0.35. The stock has a market cap of $12.55 billion, a P/E ratio of 126.07 and a beta of 3.33. Antero Resources Co. has a one year low of $23.25 and a one year high of $41.53.

Antero Resources (NYSE:AR) last posted its earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.14. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. As a group, equities analysts predict that Antero Resources Co. will post 2.74 EPS for the current year.

Analyst Ratings Changes

AR has been the subject of several research reports. StockNews.com raised shares of Antero Resources to a “sell” rating in a research report on Thursday, February 13th. Mizuho increased their price objective on shares of Antero Resources from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, December 16th. Benchmark reaffirmed a “hold” rating on shares of Antero Resources in a research report on Friday, January 17th. Wells Fargo & Company raised shares of Antero Resources from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $24.00 to $32.00 in a research report on Tuesday, December 17th. Finally, The Goldman Sachs Group raised their target price on shares of Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $39.44.

About Antero Resources

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.