Antero Resources Co. (NYSE:AR) is Goehring & Rozencwajg Associates LLC's 3rd Largest Position

Goehring & Rozencwajg Associates LLC lowered its holdings in Antero Resources Co. (NYSE:AR - Free Report) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 830,532 shares of the oil and natural gas company's stock after selling 19,939 shares during the quarter. Antero Resources accounts for 5.9% of Goehring & Rozencwajg Associates LLC's holdings, making the stock its 3rd largest holding. Goehring & Rozencwajg Associates LLC owned 0.27% of Antero Resources worth $29,110,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Wellington Management Group LLP raised its stake in Antero Resources by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 17,460,062 shares of the oil and natural gas company's stock worth $500,231,000 after acquiring an additional 675,053 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Antero Resources by 1.3% in the third quarter. Geode Capital Management LLC now owns 4,852,246 shares of the oil and natural gas company's stock valued at $139,054,000 after purchasing an additional 61,490 shares during the period. Vaughan Nelson Investment Management L.P. raised its stake in shares of Antero Resources by 10.4% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 4,378,849 shares of the oil and natural gas company's stock worth $125,452,000 after purchasing an additional 411,549 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Antero Resources by 4.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,664,628 shares of the oil and natural gas company's stock worth $76,342,000 after purchasing an additional 122,815 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Antero Resources by 1.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,929,424 shares of the oil and natural gas company's stock valued at $55,278,000 after buying an additional 27,617 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on AR shares. Wells Fargo & Company raised Antero Resources from an "underweight" rating to an "equal weight" rating and lifted their price objective for the company from $24.00 to $32.00 in a report on Tuesday, December 17th. Benchmark reaffirmed a "hold" rating on shares of Antero Resources in a report on Friday, January 17th. StockNews.com raised shares of Antero Resources to a "sell" rating in a report on Thursday, January 16th. Barclays upped their target price on Antero Resources from $30.00 to $36.00 and gave the company an "equal weight" rating in a report on Thursday, January 30th. Finally, Truist Financial raised their price objective on shares of Antero Resources from $28.00 to $38.00 and gave the stock a "hold" rating in a research note on Monday, January 13th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $39.00.

Antero Resources Price Performance

Shares of AR traded down $0.67 during trading hours on Wednesday, hitting $39.35. The stock had a trading volume of 4,787,276 shares, compared to its average volume of 4,861,790. The stock has a market capitalization of $12.24 billion, a price-to-earnings ratio of 281.07 and a beta of 3.33. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. Antero Resources Co. has a 52 week low of $20.56 and a 52 week high of $41.53. The company's fifty day moving average is $36.09 and its two-hundred day moving average is $31.04.

Antero Resources (NYSE:AR - Get Free Report) last posted 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 the consensus estimate of $0.40 by $0.14. Antero Resources had a negative return on equity of 0.59% and a net margin of 1.03%. On average, analysts anticipate that Antero Resources Co. will post -0.11 EPS for the current year.

Antero Resources Company 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.