Antero Resources Co. (NYSE:AR) Position Trimmed by Natixis Advisors LLC

Natixis Advisors LLC lowered its stake in Antero Resources Co. (NYSE:AR) by 73.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 408,669 shares of the oil and natural gas company’s stock after selling 1,108,294 shares during the period. Natixis Advisors LLC owned approximately 0.13% of Antero Resources worth $14,324,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC raised its position in shares of Antero Resources by 83.7% during 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 raised its holdings in Antero Resources by 1.3% during the 3rd 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 buying an additional 61,490 shares during the period. Wealthfront Advisers LLC purchased a new stake in Antero Resources during the fourth quarter valued at about $556,000. Massachusetts Financial Services Co. MA lifted its stake in 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 valued at $76,342,000 after buying an additional 122,815 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Antero Resources by 1,423.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,544 shares of the oil and natural gas company’s stock worth $304,000 after buying an additional 7,983 shares during the period. Institutional investors and hedge funds own 83.04% of the company’s stock.

Antero Resources Stock Up 2.9 %

Antero Resources stock opened at $41.02 on Thursday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.21. Antero Resources Co. has a 1-year low of $24.53 and a 1-year high of $41.53. The firm’s fifty day simple moving average is $38.26 and its 200-day simple moving average is $32.84. The company has a market capitalization of $12.76 billion, a P/E ratio of 128.18 and a beta of 3.38.

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 for the quarter, beating the consensus estimate of $0.40 by $0.14. Antero Resources had a return on equity of 0.74% and a net margin of 2.31%. Sell-side analysts forecast that Antero Resources Co. will post 2.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on AR. StockNews.com upgraded shares of Antero Resources to a “sell” rating in a research report on Thursday, February 13th. The Goldman Sachs Group increased their target price on Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Williams Trading set a $48.00 price target on Antero Resources in a report on Wednesday, March 5th. Barclays upped their price target on Antero Resources from $36.00 to $38.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Citigroup raised their price objective on Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Antero Resources presently has a consensus rating of “Moderate Buy” and an average price target of $41.06.

Insider Buying and Selling

In related news, Director W Howard Keenan, Jr. sold 200,000 shares of Antero Resources stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total value of $7,952,000.00. Following the transaction, the director now owns 1,800,000 shares in the company, valued at $71,568,000. This trade represents a 10.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 6.70% of the company’s stock.

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.