XTX Topco Ltd increased its position in shares of Antero Resources Co. (NYSE:AR – Free Report) by 310.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,605 shares of the oil and natural gas company’s stock after purchasing an additional 48,866 shares during the period. XTX Topco Ltd’s holdings in Antero Resources were worth $2,108,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in AR. Allspring Global Investments Holdings LLC boosted its position in shares of Antero Resources by 1,311.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 960 shares of the oil and natural gas company’s stock worth $28,000 after purchasing an additional 892 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of Antero Resources in the first quarter valued at about $37,000. Lindbrook Capital LLC boosted its holdings in Antero Resources by 35.1% during the first quarter. Lindbrook Capital LLC now owns 1,998 shares of the oil and natural gas company’s stock worth $58,000 after buying an additional 519 shares in the last quarter. Quadrant Capital Group LLC grew its position in Antero Resources by 28.0% during the fourth quarter. Quadrant Capital Group LLC now owns 2,752 shares of the oil and natural gas company’s stock worth $62,000 after buying an additional 602 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Antero Resources by 27.8% in the second quarter. GAMMA Investing LLC now owns 3,012 shares of the oil and natural gas company’s stock valued at $98,000 after buying an additional 655 shares in the last quarter. Institutional investors and hedge funds own 83.04% of the company’s stock.
Insider Activity
In related news, insider Yvette K. Schultz sold 50,000 shares of the firm’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 of the company’s stock, valued at $6,268,682.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 6.70% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Stock Analysis on Antero Resources
Antero Resources Stock Up 2.3 %
Shares of NYSE AR opened at $27.25 on Friday. The firm’s 50 day moving average price is $27.77 and its 200 day moving average price is $30.17. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.29 and a current ratio of 0.29. The firm has a market cap of $8.47 billion, a P/E ratio of 136.25 and a beta of 3.33. Antero Resources Co. has a 1 year low of $20.10 and a 1 year high of $36.28.
Antero Resources (NYSE:AR – Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The oil and natural gas company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.04). The business had revenue of $978.65 million for the quarter, compared to analyst estimates of $980.20 million. Antero Resources had a return on equity of 0.45% and a net margin of 1.88%. As a group, sell-side analysts anticipate that Antero Resources Co. will post 0.34 earnings per share for the current year.
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.
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