Caymus Capital Partners L.P. lessened its position in shares of Antero Resources (NYSE:AR) by 35.8% during the first quarter, Holdings Channel reports. The institutional investor owned 2,605,540 shares of the oil and natural gas company’s stock after selling 1,451,800 shares during the quarter. Antero Resources accounts for about 8.6% of Caymus Capital Partners L.P.’s holdings, making the stock its 4th biggest position. Caymus Capital Partners L.P.’s holdings in Antero Resources were worth $51,720,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in AR. Teacher Retirement System of Texas grew its stake in shares of Antero Resources by 41.4% in the 1st quarter. Teacher Retirement System of Texas now owns 334,295 shares of the oil and natural gas company’s stock valued at $6,636,000 after purchasing an additional 97,960 shares during the last quarter. Yale University grew its stake in shares of Antero Resources by 11.0% in the 1st quarter. Yale University now owns 4,516,262 shares of the oil and natural gas company’s stock valued at $89,648,000 after purchasing an additional 449,262 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its stake in shares of Antero Resources by 8.2% in the 1st quarter. Thompson Siegel & Walmsley LLC now owns 6,677,371 shares of the oil and natural gas company’s stock valued at $132,546,000 after purchasing an additional 505,497 shares during the last quarter. Aperio Group LLC grew its stake in shares of Antero Resources by 257.7% in the 1st quarter. Aperio Group LLC now owns 187,111 shares of the oil and natural gas company’s stock valued at $3,714,000 after purchasing an additional 134,798 shares during the last quarter. Finally, American International Group Inc. grew its stake in shares of Antero Resources by 725.0% in the 1st quarter. American International Group Inc. now owns 97,952 shares of the oil and natural gas company’s stock valued at $1,944,000 after purchasing an additional 86,079 shares during the last quarter. Hedge funds and other institutional investors own 94.08% of the company’s stock.

Several research analysts have weighed in on the company. Morgan Stanley lowered their target price on Antero Resources from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Friday, April 27th. Jefferies Group set a $22.00 target price on Antero Resources and gave the company a “hold” rating in a research note on Wednesday, April 25th. BMO Capital Markets reiterated a “buy” rating on shares of Antero Resources in a research note on Wednesday, January 24th. Citigroup downgraded Antero Resources from a “buy” rating to a “neutral” rating and lifted their target price for the company from $20.62 to $27.00 in a research note on Tuesday, April 17th. Finally, Zacks Investment Research downgraded Antero Resources from a “buy” rating to a “hold” rating in a research note on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $23.94.

In other news, insider K. Phil Yoo sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 1st. The stock was sold at an average price of $18.93, for a total value of $47,325.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 9.40% of the stock is owned by company insiders.

AR opened at $19.32 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $6.00 billion, a PE ratio of 161.00, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. Antero Resources has a 12 month low of $18.90 and a 12 month high of $19.16.

Antero Resources (NYSE:AR) last posted its quarterly earnings results on Wednesday, April 25th. The oil and natural gas company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.37 by $0.07. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $916.54 million. Antero Resources had a return on equity of 1.61% and a net margin of 10.36%. The company’s quarterly revenue was up 40.1% compared to the same quarter last year. During the same period last year, the firm earned $0.18 EPS. research analysts forecast that Antero Resources will post 0.99 EPS for the current fiscal year.

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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