MUFG Securities EMEA plc cut its stake in Antero Resources Corp (NYSE:AR) by 82.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,178 shares of the oil and natural gas company’s stock after selling 389,232 shares during the period. MUFG Securities EMEA plc’s holdings in Antero Resources were worth $466,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Thompson Siegel & Walmsley LLC boosted its position in shares of Antero Resources by 21.5% in the first quarter. Thompson Siegel & Walmsley LLC now owns 11,220,124 shares of the oil and natural gas company’s stock worth $99,074,000 after acquiring an additional 1,987,140 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC acquired a new position in shares of Antero Resources during the second quarter valued at $60,408,000. Board of Trustees of The Leland Stanford Junior University boosted its holdings in shares of Antero Resources by 198.0% during the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 6,693,966 shares of the oil and natural gas company’s stock valued at $59,108,000 after acquiring an additional 4,447,772 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Antero Resources by 435.1% during the second quarter. Renaissance Technologies LLC now owns 6,312,201 shares of the oil and natural gas company’s stock valued at $34,906,000 after acquiring an additional 5,132,465 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Antero Resources by 46.0% during the first quarter. JPMorgan Chase & Co. now owns 3,198,782 shares of the oil and natural gas company’s stock valued at $28,246,000 after acquiring an additional 1,007,490 shares during the period. 95.06% of the stock is currently owned by institutional investors and hedge funds.

NYSE AR traded up $0.16 on Friday, reaching $3.70. The company’s stock had a trading volume of 363,453 shares, compared to its average volume of 9,871,602. Antero Resources Corp has a twelve month low of $2.78 and a twelve month high of $20.21. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.58 and a current ratio of 0.58. The stock has a market cap of $1.17 billion, a PE ratio of 4.71 and a beta of 0.79. The firm’s 50 day moving average is $3.73 and its two-hundred day moving average is $6.37.

Antero Resources (NYSE:AR) last issued its quarterly earnings results on Wednesday, July 31st. The oil and natural gas company reported ($0.23) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.15) by ($0.08). Antero Resources had a negative net margin of 4.91% and a positive return on equity of 2.99%. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company posted $0.02 earnings per share. Antero Resources’s revenue was up .1% compared to the same quarter last year. Equities research analysts anticipate that Antero Resources Corp will post -0.33 EPS for the current fiscal year.

Several equities analysts have recently issued reports on AR shares. Canaccord Genuity reissued an “average” rating and set a $3.50 price target on shares of Antero Resources in a report on Wednesday, June 26th. Goldman Sachs Group downgraded shares of Antero Resources from a “buy” rating to a “neutral” rating in a report on Friday, September 6th. Zacks Investment Research raised shares of Antero Resources from a “hold” rating to a “buy” rating and set a $5.50 price target for the company in a report on Friday, July 12th. Guggenheim set a $10.00 price target on shares of Antero Resources and gave the company a “buy” rating in a report on Wednesday, August 21st. Finally, Capital One Financial raised shares of Antero Resources from an “underweight” rating to an “equal weight” rating in a report on Tuesday, June 18th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $11.48.

About Antero Resources

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2018, the company had approximately 486,000 net acres in the southwestern core of the Marcellus Shale; 125,000 net acres in the core of the Utica Shale; and 209,000 net acres of Marcellus Shale leasehold.

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Institutional Ownership by Quarter for Antero Resources (NYSE:AR)

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