Savant Capital LLC Buys 1,549 Shares of Antero Resources Co. (NYSE:AR)

Savant Capital LLC lifted its stake in Antero Resources Co. (NYSE:AR) by 19.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,621 shares of the oil and natural gas company’s stock after acquiring an additional 1,549 shares during the period. Savant Capital LLC’s holdings in Antero Resources were worth $337,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. bought a new position in Antero Resources in the 4th quarter worth approximately $28,000. True Wealth Design LLC acquired a new position in Antero Resources in the third quarter worth $30,000. Spire Wealth Management acquired a new position in Antero Resources in the fourth quarter worth $31,000. Capital Performance Advisors LLP acquired a new position in shares of Antero Resources during the third quarter valued at $45,000. Finally, Wilmington Savings Fund Society FSB lifted its stake in shares of Antero Resources by 205.2% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company’s stock valued at $48,000 after acquiring an additional 913 shares during the period. 83.04% of the stock is owned by institutional investors.

Antero Resources Stock Down 0.8 %

AR opened at $39.84 on Tuesday. Antero Resources Co. has a fifty-two week low of $22.01 and a fifty-two week high of $41.53. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The company has a market capitalization of $12.40 billion, a P/E ratio of 284.57 and a beta of 3.33. The stock has a fifty day moving average of $36.61 and a 200-day moving average of $31.29.

Antero Resources (NYSE:AR) last issued its quarterly earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.14. Antero Resources had a negative return on equity of 0.59% and a net margin of 1.03%. On average, equities analysts expect that Antero Resources Co. will post -0.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Benchmark reiterated a “hold” rating on shares of Antero Resources in a report on Friday, January 17th. Wells Fargo & Company raised Antero Resources from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $24.00 to $32.00 in a research report on Tuesday, December 17th. Citigroup increased their price target on Antero Resources from $29.00 to $35.00 and gave the company a “neutral” rating in a research report on Friday, December 6th. JPMorgan Chase & Co. raised their target price on shares of Antero Resources from $36.00 to $38.00 and gave the company an “overweight” rating in a research note on Tuesday, January 14th. Finally, Mizuho raised their target price on shares of Antero Resources from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.