Antero Resources Co. (NYSE:AR) Shares Acquired by Cwm LLC

Cwm LLC boosted its holdings in Antero Resources Co. (NYSE:AR) by 26.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,575 shares of the oil and natural gas company’s stock after acquiring an additional 2,398 shares during the quarter. Cwm LLC’s holdings in Antero Resources were worth $332,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Antero Resources by 11.3% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 3,384 shares of the oil and natural gas company’s stock valued at $98,000 after buying an additional 343 shares during the period. Confluence Investment Management LLC raised its position in Antero Resources by 3.4% during the second quarter. Confluence Investment Management LLC now owns 18,499 shares of the oil and natural gas company’s stock valued at $604,000 after acquiring an additional 616 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Antero Resources by 27.8% during 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 during the last quarter. Allspring Global Investments Holdings LLC grew its position in Antero Resources by 1,311.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 960 shares of the oil and natural gas company’s stock worth $28,000 after buying an additional 892 shares in the last quarter. Finally, Retirement Systems of Alabama grew its holdings in shares of Antero Resources by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 354,763 shares of the oil and natural gas company’s stock worth $10,288,000 after purchasing an additional 933 shares in the last quarter. Institutional investors own 83.04% of the company’s stock.

Analyst Ratings Changes

AR has been the topic of several recent analyst reports. Wolfe Research raised Antero Resources from a “peer perform” rating to an “outperform” rating and set a $37.00 target price on the stock in a report on Wednesday, September 11th. Barclays reduced their price objective on 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 upgraded Antero Resources to a “strong-buy” rating in a research note on Tuesday, August 27th. Jefferies Financial Group upped their price target on shares of Antero Resources from $40.00 to $41.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Antero Resources from $37.00 to $30.00 and set an “overweight” rating for the company in a research report on Thursday, September 12th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $32.76.

Insider Activity

In other Antero Resources news, insider Yvette K. Schultz sold 50,000 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $25.24, for a total value of $1,262,000.00. Following the completion of the sale, the insider now directly owns 248,363 shares in the company, valued at $6,268,682.12. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.70% of the stock is owned by company insiders.

Antero Resources Trading Up 0.1 %

NYSE AR opened at $26.86 on Tuesday. The company has a market capitalization of $8.35 billion, a PE ratio of 134.28 and a beta of 3.33. Antero Resources Co. has a 12 month low of $20.10 and a 12 month high of $36.28. The stock has a 50-day simple moving average of $27.50 and a 200 day simple moving average of $30.38. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.22.

Antero Resources (NYSE:AR) last issued 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 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%. Research analysts forecast that Antero Resources Co. will post -0.21 EPS for the current year.

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.