Hantz Financial Services Inc. Purchases 38,939 Shares of Antero Resources Corporation $AR

Hantz Financial Services Inc. raised its position in Antero Resources Corporation (NYSE:AR) by 29.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 170,073 shares of the oil and natural gas company’s stock after buying an additional 38,939 shares during the period. Hantz Financial Services Inc.’s holdings in Antero Resources were worth $5,861,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. William Blair Investment Management LLC boosted its position in Antero Resources by 25.0% in the 4th quarter. William Blair Investment Management LLC now owns 626,420 shares of the oil and natural gas company’s stock valued at $21,586,000 after buying an additional 125,136 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Antero Resources by 38.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5,909 shares of the oil and natural gas company’s stock valued at $204,000 after buying an additional 1,656 shares during the last quarter. Evoke Wealth LLC boosted its position in shares of Antero Resources by 99.0% in the 4th quarter. Evoke Wealth LLC now owns 17,358 shares of the oil and natural gas company’s stock worth $598,000 after purchasing an additional 8,636 shares during the last quarter. Mraz Amerine & Associates Inc. boosted its position in shares of Antero Resources by 1.1% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 150,769 shares of the oil and natural gas company’s stock worth $5,196,000 after purchasing an additional 1,595 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its position in shares of Antero Resources by 10.8% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 659,986 shares of the oil and natural gas company’s stock worth $22,743,000 after purchasing an additional 64,378 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AR has been the topic of several recent research reports. Benchmark upgraded Antero Resources from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Thursday, March 5th. Citigroup raised their price target on Antero Resources from $39.00 to $53.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Barclays raised their price target on Antero Resources from $41.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Monday, March 16th. Zacks Research upgraded Antero Resources from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, Bank of America raised their price target on Antero Resources from $39.00 to $44.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Five analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $49.63.

Insider Buying and Selling

In related news, insider Yvette K. Schultz sold 39,490 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $39.27, for a total transaction of $1,550,772.30. Following the sale, the insider owned 277,665 shares of the company’s stock, valued at approximately $10,903,904.55. This trade represents a 12.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Michael N. Kennedy sold 185,826 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $39.33, for a total value of $7,308,536.58. Following the sale, the insider directly owned 1,085,192 shares in the company, valued at $42,680,601.36. The trade was a 14.62% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 252,316 shares of company stock valued at $9,977,259. 6.30% of the stock is owned by company insiders.

Antero Resources Stock Performance

Shares of Antero Resources stock opened at $36.79 on Tuesday. The company has a market capitalization of $11.40 billion, a PE ratio of 11.95 and a beta of 0.36. Antero Resources Corporation has a 12 month low of $29.10 and a 12 month high of $45.75. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $39.24 and its 200 day simple moving average is $36.31.

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.