12,749 Shares in Antero Resources Co. (NYSE:AR) Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC acquired a new stake in Antero Resources Co. (NYSE:AR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 12,749 shares of the oil and natural gas company's stock, valued at approximately $447,000.

A number of other hedge funds also recently made changes to their positions in AR. Pinnacle Bancorp Inc. acquired a new position in shares of Antero Resources in the 4th quarter valued at $28,000. True Wealth Design LLC acquired a new stake in shares of Antero Resources during the 3rd quarter worth about $30,000. Spire Wealth Management acquired a new stake in shares of Antero Resources during the 4th quarter worth about $31,000. Capital Performance Advisors LLP acquired a new stake in shares of Antero Resources during the 3rd quarter worth about $45,000. Finally, Wilmington Savings Fund Society FSB increased its position in shares of Antero Resources by 205.2% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company's stock worth $48,000 after purchasing an additional 913 shares in the last quarter. Institutional investors and hedge funds own 83.04% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Benchmark reiterated a "hold" rating on shares of Antero Resources in a research report on Friday, January 17th. Bank of America assumed coverage on shares of Antero Resources in a research report on Monday, October 28th. They set a "buy" rating and a $36.00 target price for the company. JPMorgan Chase & Co. increased their target price on shares of Antero Resources from $36.00 to $38.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 14th. Citigroup increased their target price on shares of Antero Resources from $29.00 to $35.00 and gave the stock a "neutral" rating in a research report on Friday, December 6th. Finally, The Goldman Sachs Group increased their target price on shares of Antero Resources from $39.00 to $44.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $39.44.

Antero Resources Trading Up 1.5 %

Shares of NYSE AR traded up $0.60 during mid-day trading on Wednesday, hitting $40.34. The company's stock had a trading volume of 6,077,441 shares, compared to its average volume of 4,900,389. The stock has a market cap of $12.55 billion, a price-to-earnings ratio of 126.07 and a beta of 3.33. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.35 and a quick ratio of 0.35. Antero Resources Co. has a one year low of $23.25 and a one year high of $41.53. The company's fifty day simple moving average is $36.93 and its 200-day simple moving average is $31.45.

Antero Resources (NYSE:AR - Get Free Report) last issued its earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.14. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. On average, sell-side analysts anticipate that Antero Resources Co. will post 2.74 earnings per share for the current fiscal year.

About Antero Resources

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.