17,906 Shares in Antero Resources Co. (NYSE:AR) Purchased by Symmetry Investments LP

Symmetry Investments LP acquired a new position in shares of Antero Resources Co. (NYSE:AR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 17,906 shares of the oil and natural gas company’s stock, valued at approximately $406,000.

A number of other institutional investors have also recently added to or reduced their stakes in AR. Quadrant Capital Group LLC lifted its stake in shares of Antero Resources by 28.0% during the fourth quarter. Quadrant Capital Group LLC now owns 2,752 shares of the oil and natural gas company’s stock valued at $62,000 after buying an additional 602 shares during the period. Lindbrook Capital LLC lifted its stake in shares of Antero Resources by 81.5% during the fourth quarter. Lindbrook Capital LLC now owns 1,479 shares of the oil and natural gas company’s stock valued at $34,000 after buying an additional 664 shares during the period. Xponance Inc. lifted its stake in shares of Antero Resources by 2.5% during the fourth quarter. Xponance Inc. now owns 34,724 shares of the oil and natural gas company’s stock valued at $788,000 after buying an additional 857 shares during the period. Mcintyre Freedman & Flynn Investment Advisers Inc. lifted its stake in shares of Antero Resources by 3.0% during the fourth quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 34,300 shares of the oil and natural gas company’s stock valued at $778,000 after buying an additional 1,000 shares during the period. Finally, Intellectus Partners LLC lifted its stake in shares of Antero Resources by 2.6% during the fourth quarter. Intellectus Partners LLC now owns 41,950 shares of the oil and natural gas company’s stock valued at $951,000 after buying an additional 1,050 shares during the period. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on AR shares. JPMorgan Chase & Co. upped their price objective on shares of Antero Resources from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Wednesday, March 27th. Morgan Stanley raised shares of Antero Resources from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $26.00 to $36.00 in a research note on Wednesday, April 17th. Truist Financial dropped their price target on shares of Antero Resources from $28.00 to $27.00 and set a “hold” rating for the company in a research report on Friday, April 5th. Benchmark lowered shares of Antero Resources from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. Finally, StockNews.com raised shares of Antero Resources to a “sell” rating in a research report on Friday, April 26th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Antero Resources has an average rating of “Hold” and an average target price of $33.00.

Insider Transactions at Antero Resources

In related news, Director W Howard Keenan, Jr. sold 300,000 shares of the firm’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $34.23, for a total transaction of $10,269,000.00. Following the completion of the sale, the director now directly owns 2,162,993 shares of the company’s stock, valued at approximately $74,039,250.39. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Michael N. Kennedy sold 50,000 shares of the firm’s stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $33.72, for a total transaction of $1,686,000.00. Following the completion of the sale, the insider now directly owns 1,032,251 shares of the company’s stock, valued at approximately $34,807,503.72. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director W Howard Keenan, Jr. sold 300,000 shares of the firm’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $34.23, for a total transaction of $10,269,000.00. Following the sale, the director now directly owns 2,162,993 shares of the company’s stock, valued at $74,039,250.39. The disclosure for this sale can be found here. Insiders sold 736,679 shares of company stock valued at $23,067,214 over the last 90 days. Corporate insiders own 6.70% of the company’s stock.

Antero Resources Price Performance

Antero Resources stock opened at $35.10 on Tuesday. Antero Resources Co. has a 52-week low of $20.10 and a 52-week high of $36.28. The firm has a fifty day moving average of $32.52 and a 200-day moving average of $26.83. The firm has a market capitalization of $10.91 billion, a P/E ratio of 176.10 and a beta of 3.28. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.21.

Antero Resources (NYSE:AR) last released its quarterly earnings data on Wednesday, April 24th. The oil and natural gas company reported $0.03 earnings per share (EPS) for the quarter. Antero Resources had a net margin of 1.50% and a return on equity of 0.18%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. As a group, analysts predict that Antero Resources Co. will post 0.36 EPS for the current year.

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.