UBS Asset Management Americas Inc. raised its holdings in Antero Resources Corporation (NYSE:AR) by 36.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 538,190 shares of the oil and natural gas company’s stock after acquiring an additional 143,955 shares during the quarter. UBS Asset Management Americas Inc. owned approximately 0.17% of Antero Resources Corporation worth $11,630,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. OLD Mutual Customised Solutions Proprietary Ltd. increased its position in shares of Antero Resources Corporation by 268.2% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 8,100 shares of the oil and natural gas company’s stock worth $185,000 after buying an additional 5,900 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of Antero Resources Corporation during the first quarter worth $204,000. Sei Investments Co. increased its position in shares of Antero Resources Corporation by 174.6% during the first quarter. Sei Investments Co. now owns 9,209 shares of the oil and natural gas company’s stock worth $210,000 after buying an additional 5,855 shares during the period. HighTower Advisors LLC acquired a new stake in shares of Antero Resources Corporation during the first quarter worth $212,000. Finally, TD Asset Management Inc. increased its position in shares of Antero Resources Corporation by 4.4% during the first quarter. TD Asset Management Inc. now owns 9,411 shares of the oil and natural gas company’s stock worth $215,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 93.59% of the company’s stock.

Antero Resources Corporation (AR) opened at 20.69 on Thursday. The firm has a 50 day moving average of $19.81 and a 200-day moving average of $20.94. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of 481.16 and a beta of 0.96. Antero Resources Corporation has a 1-year low of $18.23 and a 1-year high of $28.30.

Antero Resources Corporation (NYSE:AR) last released its earnings results on Wednesday, August 2nd. 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 business had revenue of $736.00 million during the quarter, compared to analysts’ expectations of $778.55 million. Antero Resources Corporation had a return on equity of 1.44% and a net margin of 0.48%. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 earnings per share. On average, equities research analysts anticipate that Antero Resources Corporation will post $0.31 earnings per share for the current fiscal year.

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In other news, insider K. Phil Yoo sold 3,785 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $20.55, for a total value of $77,781.75. The transaction was disclosed in a filing with the SEC, which is available through this link. 9.20% of the stock is owned by corporate insiders.

Several equities research analysts have recently weighed in on AR shares. BidaskClub upgraded shares of Antero Resources Corporation from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. Wolfe Research cut shares of Antero Resources Corporation from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 15th. BMO Capital Markets reiterated a “buy” rating and set a $26.00 price objective on shares of Antero Resources Corporation in a research report on Thursday, June 22nd. Scotiabank set a $27.00 price objective on shares of Antero Resources Corporation and gave the stock a “buy” rating in a research report on Saturday, July 1st. Finally, Zacks Investment Research upgraded shares of Antero Resources Corporation from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Antero Resources Corporation has a consensus rating of “Buy” and an average target price of $29.44.

Antero Resources Corporation 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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