Calamos Advisors LLC Takes Position in Antero Resources Co. (NYSE:AR)

Calamos Advisors LLC purchased a new stake in shares of Antero Resources Co. (NYSE:AR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 13,670 shares of the oil and natural gas company's stock, valued at approximately $479,000.

Other hedge funds have also bought and sold shares of the company. Trust Point Inc. bought a new stake in Antero Resources during the 4th quarter valued at about $226,000. Golden State Equity Partners increased its holdings in shares of Antero Resources by 820.3% in the 4th quarter. Golden State Equity Partners now owns 13,805 shares of the oil and natural gas company's stock worth $484,000 after purchasing an additional 12,305 shares in the last quarter. Spire Wealth Management purchased a new position in shares of Antero Resources in the fourth quarter worth $31,000. SeaBridge Investment Advisors LLC lifted its holdings in shares of Antero Resources by 30.0% during the fourth quarter. SeaBridge Investment Advisors LLC now owns 57,608 shares of the oil and natural gas company's stock valued at $2,019,000 after purchasing an additional 13,302 shares in the last quarter. Finally, Caprock Group LLC boosted its position in shares of Antero Resources by 0.6% during the fourth quarter. Caprock Group LLC now owns 58,401 shares of the oil and natural gas company's stock valued at $2,047,000 after buying an additional 374 shares during the last quarter. Institutional investors own 83.04% of the company's stock.

Antero Resources Price Performance

Shares of NYSE:AR traded down $0.43 during trading on Friday, hitting $37.88. 2,816,065 shares of the company's stock were exchanged, compared to its average volume of 4,851,639. The business's 50-day simple moving average is $35.61 and its 200 day simple moving average is $30.83. The company has a market cap of $11.79 billion, a price-to-earnings ratio of 270.54 and a beta of 3.33. Antero Resources Co. has a 52-week low of $20.56 and a 52-week high of $41.53. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28.

Wall Street Analysts Forecast Growth

AR has been the topic of several research analyst reports. Benchmark restated a "hold" rating on shares of Antero Resources in a research note on Friday, January 17th. Wells Fargo & Company raised shares of Antero Resources from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $24.00 to $32.00 in a research report on Tuesday, December 17th. Citigroup increased their price target on Antero Resources from $29.00 to $35.00 and gave the company a "neutral" rating in a report on Friday, December 6th. Truist Financial lifted their price objective on Antero Resources from $28.00 to $38.00 and gave the stock a "hold" rating in a report on Monday, January 13th. Finally, UBS Group boosted their price target on Antero Resources from $35.00 to $39.00 and gave the company a "neutral" rating in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $39.00.

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.