Long Focus Capital Management LLC Has $47.42 Million Stock Holdings in Antero Resources Co. (NYSE:AR)

Long Focus Capital Management LLC cut its holdings in shares of Antero Resources Co. (NYSE:AR - Free Report) by 15.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,353,000 shares of the oil and natural gas company's stock after selling 250,000 shares during the period. Antero Resources makes up approximately 1.5% of Long Focus Capital Management LLC's investment portfolio, making the stock its 12th largest holding. Long Focus Capital Management LLC owned 0.43% of Antero Resources worth $47,423,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Janney Montgomery Scott LLC increased its holdings in Antero Resources by 83.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 26,467 shares of the oil and natural gas company's stock worth $928,000 after purchasing an additional 12,062 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in Antero Resources in the 4th quarter valued at approximately $556,000. Allspring Global Investments Holdings LLC boosted its position in Antero Resources by 1,423.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,544 shares of the oil and natural gas company's stock worth $304,000 after acquiring an additional 7,983 shares during the last quarter. Sei Investments Co. grew its stake in shares of Antero Resources by 7.3% during the 4th quarter. Sei Investments Co. now owns 178,183 shares of the oil and natural gas company's stock worth $6,246,000 after acquiring an additional 12,156 shares in the last quarter. Finally, Capital CS Group LLC acquired a new stake in shares of Antero Resources in the fourth quarter valued at approximately $615,000. 83.04% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director W Howard Keenan, Jr. sold 200,000 shares of the stock in a transaction on 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 sale, the director now directly owns 1,800,000 shares of the company's stock, valued at approximately $71,568,000. This represents a 10.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 6.70% of the company's stock.

Antero Resources Stock Performance

AR traded up $0.79 during trading on Friday, hitting $35.33. The stock had a trading volume of 5,498,209 shares, compared to its average volume of 4,146,705. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.35 and a quick ratio of 0.35. The company has a 50 day moving average price of $36.63 and a 200-day moving average price of $34.53. Antero Resources Co. has a one year low of $24.53 and a one year high of $42.63. The firm has a market cap of $10.99 billion, a price-to-earnings ratio of 110.41 and a beta of 3.08.

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 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%. As a group, research analysts predict that Antero Resources Co. will post 2.74 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Truist Financial boosted their price target on shares of Antero Resources from $28.00 to $38.00 and gave the stock a "hold" rating in a research report on Monday, January 13th. Morgan Stanley reiterated an "overweight" rating and set a $58.00 price objective on shares of Antero Resources in a research note on Wednesday, March 26th. The Goldman Sachs Group increased their price objective on Antero Resources from $39.00 to $44.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. boosted their target price on shares of Antero Resources from $45.00 to $47.00 and gave the stock an "overweight" rating in a report on Thursday, March 13th. Finally, TD Cowen upgraded shares of Antero Resources from a "hold" rating to a "buy" rating and increased their price target for the company from $40.00 to $46.00 in a research note on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Antero Resources currently has a consensus rating of "Moderate Buy" and a consensus price target of $42.44.

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.