WINTON GROUP Ltd Increases Stock Position in Antero Resources Corporation $AR

WINTON GROUP Ltd increased its holdings in Antero Resources Corporation (NYSE:AR) by 201.6% during the third quarter, HoldingsChannel.com reports. The fund owned 68,884 shares of the oil and natural gas company’s stock after buying an additional 46,045 shares during the period. WINTON GROUP Ltd’s holdings in Antero Resources were worth $2,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Uhlmann Price Securities LLC increased its stake in Antero Resources by 2.2% in the third quarter. Uhlmann Price Securities LLC now owns 15,125 shares of the oil and natural gas company’s stock valued at $508,000 after purchasing an additional 325 shares during the period. Coldstream Capital Management Inc. boosted its stake in shares of Antero Resources by 6.4% during the second quarter. Coldstream Capital Management Inc. now owns 5,451 shares of the oil and natural gas company’s stock worth $220,000 after buying an additional 328 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of Antero Resources by 12.1% during the third quarter. Smartleaf Asset Management LLC now owns 3,840 shares of the oil and natural gas company’s stock worth $129,000 after buying an additional 413 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of Antero Resources by 3.9% during the second quarter. ProShare Advisors LLC now owns 12,945 shares of the oil and natural gas company’s stock worth $521,000 after buying an additional 484 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. increased its position in Antero Resources by 114.2% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 938 shares of the oil and natural gas company’s stock valued at $38,000 after acquiring an additional 500 shares during the period. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Insider Activity at Antero Resources

In related news, insider Yvette K. Schultz sold 15,000 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $39.33, for a total transaction of $589,950.00. Following the sale, the insider owned 319,122 shares of the company’s stock, valued at approximately $12,551,068.26. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 6.30% of the stock is owned by company insiders.

Antero Resources Trading Down 4.3%

Shares of AR stock opened at $37.43 on Wednesday. The business’s fifty day moving average price is $34.48 and its 200 day moving average price is $33.83. The firm has a market capitalization of $11.55 billion, a PE ratio of 18.53 and a beta of 0.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.55 and a quick ratio of 0.55. Antero Resources Corporation has a 1-year low of $29.10 and a 1-year high of $44.01.

Antero Resources (NYSE:AR) last issued its earnings results on Wednesday, February 11th. The oil and natural gas company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.49 by $0.13. Antero Resources had a net margin of 12.02% and a return on equity of 6.71%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the firm earned $0.48 EPS. The business’s revenue was up 20.8% on a year-over-year basis. As a group, sell-side analysts forecast that Antero Resources Corporation will post 2.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on AR shares. Tudor Pickering upgraded Antero Resources from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. Jefferies Financial Group set a $50.00 target price on Antero Resources in a research note on Friday, February 13th. Benchmark raised Antero Resources from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Thursday, March 5th. Weiss Ratings restated a “hold (c)” rating on shares of Antero Resources in a research note on Monday, December 29th. Finally, Barclays decreased their price target on Antero Resources from $46.00 to $41.00 and set an “equal weight” rating for the company in a report on Wednesday, January 21st. Four research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $45.87.

About Antero Resources

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.