Sound Shore Management Inc. CT boosted its position in shares of Antero Resources Corporation (NYSE:AR) by 22.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,406,400 shares of the oil and natural gas company’s stock after buying an additional 1,697,858 shares during the period. Antero Resources Corporation makes up about 3.3% of Sound Shore Management Inc. CT’s holdings, making the stock its 5th largest position. Sound Shore Management Inc. CT’s holdings in Antero Resources Corporation were worth $203,272,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AR. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Antero Resources Corporation by 23.1% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 28,895 shares of the oil and natural gas company’s stock worth $624,000 after buying an additional 5,415 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Antero Resources Corporation by 23.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 581,400 shares of the oil and natural gas company’s stock worth $12,565,000 after buying an additional 110,834 shares during the last quarter. Carnick & Kubik Group LLC boosted its stake in Antero Resources Corporation by 3.9% in the second quarter. Carnick & Kubik Group LLC now owns 629,998 shares of the oil and natural gas company’s stock worth $13,614,000 after buying an additional 23,485 shares during the last quarter. Pictet Asset Management Ltd. boosted its stake in Antero Resources Corporation by 29.0% in the second quarter. Pictet Asset Management Ltd. now owns 80,000 shares of the oil and natural gas company’s stock worth $1,646,000 after buying an additional 18,000 shares during the last quarter. Finally, Tortoise Capital Advisors L.L.C. boosted its stake in Antero Resources Corporation by 70.4% in the second quarter. Tortoise Capital Advisors L.L.C. now owns 407,937 shares of the oil and natural gas company’s stock worth $8,816,000 after buying an additional 168,589 shares during the last quarter. 91.59% of the stock is owned by institutional investors.

Shares of Antero Resources Corporation (NYSE:AR) opened at 18.55 on Friday. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 431.40 and a beta of 0.95. The stock has a 50 day moving average of $20.81 and a 200-day moving average of $22.33. Antero Resources Corporation has a 1-year low of $18.27 and a 1-year high of $28.30.

Antero Resources Corporation (NYSE:AR) last announced its quarterly earnings data on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.01. The firm had revenue of $736 million during the quarter, compared to analyst estimates of $778.55 million. Antero Resources Corporation had a net margin of 0.48% and a return on equity of 1.44%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share. Equities analysts anticipate that Antero Resources Corporation will post $0.35 EPS for the current fiscal year.

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A number of equities research analysts recently commented on the stock. BMO Capital Markets set a $24.00 target price on shares of Antero Resources Corporation and gave the company a “buy” rating in a research report on Thursday. Barclays PLC decreased their target price on shares of Antero Resources Corporation from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Tuesday. Capital One Financial Corporation reissued an “overweight” rating on shares of Antero Resources Corporation in a research report on Thursday, August 3rd. Scotiabank reissued a “buy” rating and set a $27.00 target price on shares of Antero Resources Corporation in a research report on Thursday, August 3rd. Finally, BidaskClub cut shares of Antero Resources Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $29.75.

In other news, insider Paul M. Rady acquired 500,000 shares of the company’s stock in a transaction on Wednesday, May 17th. The shares were bought at an average cost of $21.11 per share, with a total value of $10,555,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Ward D. Mcneilly sold 24,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $22.05, for a total transaction of $529,200.00. The disclosure for this sale can be found here. Insiders own 10.80% of the company’s stock.

Antero Resources Corporation Company 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 Corporation (NYSE:AR)

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