Natixis Advisors LLC Sells 1,108,294 Shares of Antero Resources Co. (NYSE:AR)

Natixis Advisors LLC trimmed its stake in Antero Resources Co. (NYSE:AR - Free Report) by 73.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 408,669 shares of the oil and natural gas company's stock after selling 1,108,294 shares during the period. Natixis Advisors LLC owned about 0.13% of Antero Resources worth $14,324,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pinnacle Bancorp Inc. acquired a new stake in Antero Resources in the fourth quarter valued at $28,000. True Wealth Design LLC acquired a new stake in Antero Resources in the third quarter valued at $30,000. Spire Wealth Management acquired a new stake in Antero Resources in the fourth quarter valued at $31,000. Wilmington Savings Fund Society FSB increased its holdings in Antero Resources by 205.2% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company's stock valued at $48,000 after purchasing an additional 913 shares during the period. Finally, UMB Bank n.a. increased its holdings in Antero Resources by 59.6% in the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company's stock valued at $49,000 after purchasing an additional 523 shares during the period. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Antero Resources

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of Antero Resources stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the completion of the transaction, the director now owns 1,800,000 shares in the company, valued at approximately $71,568,000. The trade was a 10.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.70% of the company's stock.

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Antero Resources Stock Down 0.7 %

Shares of AR stock traded down $0.27 on Friday, reaching $40.70. 6,366,296 shares of the company were exchanged, compared to its average volume of 3,930,394. The company has a market cap of $12.66 billion, a price-to-earnings ratio of 127.18 and a beta of 3.38. 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 $24.53 and a one year high of $41.53. The company has a 50-day moving average of $38.37 and a 200-day moving average of $33.04.

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

Analyst Ratings Changes

AR has been the subject of a number of recent research reports. Williams Trading set a $48.00 price objective on Antero Resources in a report on Wednesday, March 5th. Barclays upped their price target on shares of Antero Resources from $36.00 to $38.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Raymond James upped their price target on shares of Antero Resources from $44.00 to $60.00 and gave the company a "strong-buy" rating in a research report on Thursday, January 23rd. UBS Group upped their price target on shares of Antero Resources from $39.00 to $44.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. Finally, Mizuho upped their price target on shares of Antero Resources from $35.00 to $40.00 and gave the company a "neutral" rating in a research report on Monday, December 16th. 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $41.06.

Antero Resources Profile

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.