Antero Resources Corp (NYSE:AR) – Stock analysts at Capital One Financial reduced their FY2017 earnings per share (EPS) estimates for shares of Antero Resources in a report issued on Thursday. Capital One Financial analyst B. Velie now forecasts that the oil and natural gas company will post earnings per share of ($0.03) for the year, down from their prior forecast of ($0.02).

Antero Resources (NYSE:AR) last issued its quarterly earnings results on Wednesday, November 1st. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01). The company had revenue of $775.30 million during the quarter, compared to analysts’ expectations of $798.88 million. Antero Resources had a negative net margin of 12.82% and a positive return on equity of 0.78%. During the same period in the prior year, the business posted $0.18 earnings per share.

A number of other brokerages have also weighed in on AR. Zacks Investment Research lowered shares of Antero Resources from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. Cowen set a $22.00 price target on shares of Antero Resources and gave the company a “hold” rating in a research note on Thursday. Barclays reaffirmed a “hold” rating and issued a $22.00 price target on shares of Antero Resources in a research note on Sunday, December 24th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Antero Resources in a research note on Thursday, December 14th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $23.00 price target on shares of Antero Resources in a research note on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $25.41.

Antero Resources (NYSE AR) opened at $18.74 on Monday. The firm has a market cap of $5,910.00, a PE ratio of -16.44, a P/E/G ratio of 1.27 and a beta of 0.94. Antero Resources has a 12 month low of $17.59 and a 12 month high of $26.60. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in shares of Antero Resources by 5.1% during the 2nd quarter. Royal Bank of Canada now owns 11,731 shares of the oil and natural gas company’s stock worth $254,000 after buying an additional 566 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Antero Resources by 8.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,442 shares of the oil and natural gas company’s stock worth $247,000 after buying an additional 855 shares during the last quarter. Kingfisher Capital LLC increased its holdings in shares of Antero Resources by 2.3% during the 2nd quarter. Kingfisher Capital LLC now owns 45,361 shares of the oil and natural gas company’s stock worth $980,000 after buying an additional 1,034 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its holdings in shares of Antero Resources by 3.1% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 46,145 shares of the oil and natural gas company’s stock worth $997,000 after buying an additional 1,368 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Antero Resources by 22.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 10,353 shares of the oil and natural gas company’s stock worth $223,000 after buying an additional 1,891 shares during the last quarter. Institutional investors and hedge funds own 96.99% of the company’s stock.

In other news, insider Kevin J. Kilstrom sold 82,760 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $19.99, for a total transaction of $1,654,372.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider K. Phil Yoo sold 10,865 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $19.25, for a total transaction of $209,151.25. The disclosure for this sale can be found here. Company insiders own 9.20% of the company’s stock.

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About Antero Resources

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

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