Geode Capital Management LLC grew its holdings in shares of Antero Resources Corp (NYSE:AR) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,743,451 shares of the oil and natural gas company’s stock after buying an additional 81,301 shares during the quarter. Geode Capital Management LLC’s holdings in Antero Resources were worth $33,108,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Baupost Group LLC MA grew its holdings in shares of Antero Resources by 12.9% during the third quarter. Baupost Group LLC MA now owns 23,912,257 shares of the oil and natural gas company’s stock valued at $475,854,000 after buying an additional 2,741,261 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Antero Resources by 1.0% during the fourth quarter. BlackRock Inc. now owns 11,866,714 shares of the oil and natural gas company’s stock valued at $225,469,000 after buying an additional 122,303 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Antero Resources by 60.6% during the third quarter. Dimensional Fund Advisors LP now owns 3,325,460 shares of the oil and natural gas company’s stock valued at $66,176,000 after buying an additional 1,254,460 shares during the last quarter. Neuberger Berman Group LLC grew its holdings in shares of Antero Resources by 40.5% during the third quarter. Neuberger Berman Group LLC now owns 1,535,813 shares of the oil and natural gas company’s stock valued at $30,562,000 after buying an additional 442,397 shares during the last quarter. Finally, Schroder Investment Management Group grew its holdings in shares of Antero Resources by 9.2% during the fourth quarter. Schroder Investment Management Group now owns 1,530,067 shares of the oil and natural gas company’s stock valued at $29,071,000 after buying an additional 128,989 shares during the last quarter. Hedge funds and other institutional investors own 94.31% of the company’s stock.

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AR has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Antero Resources from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Wednesday, January 3rd. Cowen set a $22.00 price target on shares of Antero Resources and gave the stock a “hold” rating in a report on Thursday, January 18th. Barclays restated a “hold” rating and set a $22.00 price target on shares of Antero Resources in a report on Sunday, December 24th. BMO Capital Markets restated a “buy” rating and set a $23.00 price target on shares of Antero Resources in a report on Tuesday, February 27th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Antero Resources in a report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $24.13.

Shares of Antero Resources stock opened at $20.11 on Thursday. The company has a market cap of $6,232.36, a PE ratio of 89.50, a price-to-earnings-growth ratio of 1.07 and a beta of 0.90. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.09 and a quick ratio of 1.09. Antero Resources Corp has a 12-month low of $16.31 and a 12-month high of $23.56.

In other Antero Resources news, insider K. Phil Yoo sold 2,500 shares of Antero Resources stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $20.00, for a total value of $50,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 9.20% of the company’s stock.

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Antero Resources Profile

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

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