Thompson Siegel & Walmsley LLC Acquires 5,932 Shares of Antero Resources Co. (NYSE:AR)

Thompson Siegel & Walmsley LLC lifted its position in shares of Antero Resources Co. (NYSE:AR) by 2.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,736 shares of the oil and natural gas company’s stock after buying an additional 5,932 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Antero Resources were worth $6,353,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. UMB Bank n.a. increased its stake in Antero Resources by 357.3% in the 3rd quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company’s stock worth $25,000 after purchasing an additional 686 shares during the period. Capital Performance Advisors LLP purchased a new position in Antero Resources in the 3rd quarter worth approximately $45,000. Mattson Financial Services LLC purchased a new position in Antero Resources in the 2nd quarter worth approximately $64,000. GAMMA Investing LLC increased its stake in Antero Resources by 27.8% in the 2nd quarter. GAMMA Investing LLC now owns 3,012 shares of the oil and natural gas company’s stock worth $98,000 after purchasing an additional 655 shares during the period. Finally, Signaturefd LLC increased its stake in Antero Resources by 19.9% in the 3rd quarter. Signaturefd LLC now owns 4,222 shares of the oil and natural gas company’s stock worth $121,000 after purchasing an additional 702 shares during the period. 83.04% of the stock is owned by hedge funds and other institutional investors.

Antero Resources Trading Up 0.7 %

Antero Resources stock opened at $33.40 on Friday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. The business’s fifty day simple moving average is $28.55 and its two-hundred day simple moving average is $30.06. Antero Resources Co. has a 12 month low of $20.10 and a 12 month high of $36.28. The company has a market capitalization of $10.39 billion, a price-to-earnings ratio of 238.57 and a beta of 3.36.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Truist Financial reduced their target price on Antero Resources from $29.00 to $28.00 and set a “hold” rating on the stock in a research note on Monday, September 30th. JPMorgan Chase & Co. reduced their target price on Antero Resources from $37.00 to $30.00 and set an “overweight” rating on the stock in a research note on Thursday, September 12th. StockNews.com raised Antero Resources to a “sell” rating in a research note on Friday, November 1st. Roth Mkm assumed coverage on Antero Resources in a research note on Tuesday, August 27th. They set a “buy” rating and a $32.00 target price on the stock. Finally, Wells Fargo & Company reduced their target price on Antero Resources from $25.00 to $24.00 and set an “underweight” rating on the stock in a research note on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $33.50.

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.