DFT Energy LP reduced its stake in Antero Resources Corp (NYSE:AR) by 57.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 160,000 shares of the oil and natural gas company’s stock after selling 220,000 shares during the period. Antero Resources accounts for 3.6% of DFT Energy LP’s holdings, making the stock its 12th biggest holding. DFT Energy LP owned 0.05% of Antero Resources worth $1,502,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Antero Resources by 10.1% during the second quarter. BlackRock Inc. now owns 13,679,453 shares of the oil and natural gas company’s stock valued at $292,057,000 after buying an additional 1,256,488 shares during the last quarter. Pennant Investors LP acquired a new position in shares of Antero Resources during the third quarter valued at about $17,710,000. Poplar Forest Capital LLC grew its holdings in shares of Antero Resources by 31.9% during the third quarter. Poplar Forest Capital LLC now owns 1,967,016 shares of the oil and natural gas company’s stock valued at $34,836,000 after buying an additional 475,948 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Antero Resources by 1,307.6% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 503,148 shares of the oil and natural gas company’s stock valued at $8,911,000 after buying an additional 467,402 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Antero Resources by 1.9% during the third quarter. Vanguard Group Inc. now owns 20,711,509 shares of the oil and natural gas company’s stock valued at $366,802,000 after buying an additional 379,572 shares during the last quarter. 95.92% of the stock is owned by hedge funds and other institutional investors.

Antero Resources stock traded up $0.18 during midday trading on Monday, hitting $10.68. 1,769,931 shares of the stock were exchanged, compared to its average volume of 5,708,300. Antero Resources Corp has a 52-week low of $8.86 and a 52-week high of $22.69. The stock has a market cap of $3.33 billion, a PE ratio of 89.00 and a beta of 1.02. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.11 and a current ratio of 1.11.

Antero Resources (NYSE:AR) last released its quarterly earnings results on Wednesday, October 31st. The oil and natural gas company reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Antero Resources had a net margin of 5.12% and a return on equity of 2.80%. The firm’s revenue for the quarter was up 38.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 earnings per share. As a group, analysts predict that Antero Resources Corp will post 0.86 EPS for the current fiscal year.

A number of research analysts have recently issued reports on the stock. ValuEngine cut shares of Antero Resources from a “sell” rating to a “strong sell” rating in a report on Thursday, November 15th. BMO Capital Markets cut shares of Antero Resources from an “outperform” rating to a “market perform” rating in a report on Friday, September 21st. They noted that the move was a valuation call. Raymond James cut shares of Antero Resources from an “outperform” rating to an “underperform” rating in a report on Wednesday, December 19th. TD Securities cut their price target on shares of Antero Resources from $24.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, December 19th. Finally, Zacks Investment Research upgraded shares of Antero Resources from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a report on Monday, November 12th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $21.04.

In other Antero Resources news, Director Richard W. Connor sold 6,907 shares of the business’s stock in a transaction dated Thursday, November 8th. The shares were sold at an average price of $16.49, for a total value of $113,896.43. Following the transaction, the director now directly owns 26,059 shares in the company, valued at $429,712.91. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert J. Clark sold 20,429 shares of the business’s stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of $12.80, for a total transaction of $261,491.20. Following the completion of the transaction, the director now owns 26,924 shares in the company, valued at $344,627.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,336 shares of company stock worth $388,888. Corporate insiders own 9.40% of the company’s stock.

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About Antero Resources

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2017 had approximately 484,000 net acres in the southwestern core of the Marcellus Shale; approximately 137,000 net acres in the core of the Utica Shale; and approximately 214,000 net acres of Marcellus Shale leasehold.

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Institutional Ownership by Quarter for Antero Resources (NYSE:AR)

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