Antero Resources Co. (NYSE:AR) Stock Position Raised by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its stake in shares of Antero Resources Co. (NYSE:AR) by 5.0% during the second quarter, Holdings Channel reports. The firm owned 22,645 shares of the oil and natural gas company’s stock after purchasing an additional 1,087 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Antero Resources were worth $739,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Massachusetts Financial Services Co. MA raised its holdings in shares of Antero Resources by 17.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,541,813 shares of the oil and natural gas company’s stock valued at $82,939,000 after acquiring an additional 381,310 shares during the period. Envestnet Asset Management Inc. raised its stake in Antero Resources by 87.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 58,017 shares of the oil and natural gas company’s stock valued at $1,893,000 after purchasing an additional 27,105 shares during the period. William Blair Investment Management LLC raised its stake in Antero Resources by 52.0% during the 2nd quarter. William Blair Investment Management LLC now owns 1,325,865 shares of the oil and natural gas company’s stock valued at $43,263,000 after purchasing an additional 453,854 shares during the period. NINE MASTS CAPITAL Ltd purchased a new stake in shares of Antero Resources in the second quarter valued at $392,000. Finally, Daiwa Securities Group Inc. boosted its position in shares of Antero Resources by 4.2% in the second quarter. Daiwa Securities Group Inc. now owns 64,747 shares of the oil and natural gas company’s stock worth $2,113,000 after buying an additional 2,626 shares during the period. 83.04% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Antero Resources

In related news, insider Yvette K. Schultz sold 50,000 shares of the firm’s stock in a transaction 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 transaction, the insider now directly owns 248,363 shares in the company, valued at approximately $6,268,682.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 6.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Mizuho reduced their price objective on Antero Resources from $37.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, September 16th. Roth Capital upgraded shares of Antero Resources to a “strong-buy” rating in a report on Tuesday, August 27th. JPMorgan Chase & Co. lowered their price objective on shares of Antero Resources from $37.00 to $30.00 and set an “overweight” rating on the stock in a research report on Thursday, September 12th. Scotiabank raised shares of Antero Resources from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from $40.00 to $44.00 in a research note on Tuesday, August 20th. Finally, Roth Mkm assumed coverage on shares of Antero Resources in a report on Tuesday, August 27th. They set a “buy” rating and a $32.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $33.13.

Antero Resources Price Performance

Shares of NYSE:AR opened at $28.38 on Wednesday. The stock has a market capitalization of $8.82 billion, a P/E ratio of 141.90 and a beta of 3.33. The business has a 50-day moving average of $27.44 and a two-hundred day moving average of $30.23. Antero Resources Co. has a fifty-two week low of $20.10 and a fifty-two week high of $36.28. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.29 and a quick ratio of 0.29.

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 for the quarter, missing the consensus estimate of ($0.20) by ($0.04). Antero Resources had a return on equity of 0.45% and a net margin of 1.88%. The company had revenue of $978.65 million during the quarter, compared to analyst estimates of $980.20 million. On average, equities research analysts predict that Antero Resources Co. will post 0.34 EPS for the current fiscal year.

Antero Resources Company 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.