Landscape Capital Management L.L.C. Purchases New Holdings in Antero Resources Corporation $AR

Landscape Capital Management L.L.C. purchased a new stake in Antero Resources Corporation (NYSE:AR) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 22,027 shares of the oil and natural gas company’s stock, valued at approximately $774,000.

Several other institutional investors have also recently made changes to their positions in the stock. Eastern Bank bought a new position in shares of Antero Resources in the second quarter valued at $26,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Antero Resources during the second quarter worth $29,000. Sunbelt Securities Inc. bought a new stake in Antero Resources during the third quarter worth $30,000. Rakuten Securities Inc. acquired a new stake in Antero Resources in the second quarter valued at $31,000. Finally, IFP Advisors Inc lifted its stake in Antero Resources by 59.2% in the third quarter. IFP Advisors Inc now owns 928 shares of the oil and natural gas company’s stock valued at $31,000 after acquiring an additional 345 shares during the last quarter. Institutional investors and hedge funds own 83.04% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Truist Financial lowered their price objective on shares of Antero Resources from $56.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Mizuho lifted their price target on Antero Resources from $54.00 to $57.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. Citigroup lowered their price target on Antero Resources from $53.00 to $45.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Weiss Ratings raised Antero Resources from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Finally, Barclays dropped their price objective on Antero Resources from $46.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Monday, August 17th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Antero Resources currently has a consensus rating of “Moderate Buy” and a consensus target price of $48.31.

Antero Resources Price Performance

Shares of AR opened at $38.04 on Monday. The firm has a market capitalization of $11.70 billion, a PE ratio of 10.93 and a beta of 0.34. The company’s 50-day moving average is $35.08 and its 200-day moving average is $36.74. Antero Resources Corporation has a fifty-two week low of $29.10 and a fifty-two week high of $45.75. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.40 and a quick ratio of 0.40.

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.