Antero Resources Corporation $AR Shares Acquired by Capital Impact Advisors LLC

Capital Impact Advisors LLC lifted its stake in shares of Antero Resources Corporation (NYSE:AR) by 28.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 242,694 shares of the oil and natural gas company’s stock after purchasing an additional 53,610 shares during the period. Antero Resources comprises 1.8% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Capital Impact Advisors LLC’s holdings in Antero Resources were worth $8,145,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AR. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in Antero Resources by 139.3% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 13,871 shares of the oil and natural gas company’s stock worth $471,000 after buying an additional 8,074 shares during the last quarter. Bridgefront Capital LLC raised its holdings in shares of Antero Resources by 16.8% during the third quarter. Bridgefront Capital LLC now owns 32,371 shares of the oil and natural gas company’s stock valued at $1,086,000 after acquiring an additional 4,652 shares during the last quarter. California Public Employees Retirement System raised its holdings in shares of Antero Resources by 1.0% during the third quarter. California Public Employees Retirement System now owns 516,137 shares of the oil and natural gas company’s stock valued at $17,322,000 after acquiring an additional 4,965 shares during the last quarter. Algert Global LLC lifted its position in shares of Antero Resources by 18.8% in the third quarter. Algert Global LLC now owns 539,185 shares of the oil and natural gas company’s stock valued at $18,095,000 after acquiring an additional 85,171 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its stake in shares of Antero Resources by 125.9% in the third quarter. Schonfeld Strategic Advisors LLC now owns 61,078 shares of the oil and natural gas company’s stock worth $2,050,000 after acquiring an additional 34,040 shares during the last quarter. 83.04% of the stock is owned by hedge funds and other institutional investors.

Antero Resources Price Performance

NYSE:AR opened at $41.02 on Friday. Antero Resources Corporation has a one year low of $29.10 and a one year high of $44.01. The stock has a market cap of $12.65 billion, a PE ratio of 20.30 and a beta of 0.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.55 and a current ratio of 0.55. The stock has a 50 day moving average price of $34.84 and a 200 day moving average price of $34.01.

Antero Resources (NYSE:AR) last released its quarterly earnings data on Wednesday, February 11th. The oil and natural gas company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.13. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.33 billion. Antero Resources had a return on equity of 6.71% and a net margin of 12.02%.The firm’s revenue for the quarter was up 20.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 earnings per share. Equities research analysts expect that Antero Resources Corporation will post 2.74 EPS for the current fiscal year.

Insider Activity at Antero Resources

In other news, insider Yvette K. Schultz sold 15,000 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $39.33, for a total transaction of $589,950.00. Following the transaction, the insider owned 319,122 shares of the company’s stock, valued at approximately $12,551,068.26. The trade was a 4.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AR. Tudor Pickering upgraded Antero Resources from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. Wells Fargo & Company raised their price objective on Antero Resources from $49.00 to $52.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Jefferies Financial Group set a $50.00 target price on shares of Antero Resources in a research note on Friday, February 13th. Bank of America upped their target price on shares of Antero Resources from $44.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, BMO Capital Markets increased their target price on shares of Antero Resources from $37.00 to $40.00 and gave the company a “market perform” rating in a research report on Tuesday, December 9th. Four research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Antero Resources presently has a consensus rating of “Moderate Buy” and an average price target of $45.87.

Antero Resources Company Profile

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.