Antero Resources Co. (NYSE:AR) Shares Purchased by Versor Investments LP

Versor Investments LP grew its position in shares of Antero Resources Co. (NYSE:AR - Free Report) by 271.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,900 shares of the oil and natural gas company's stock after buying an additional 32,800 shares during the quarter. Versor Investments LP's holdings in Antero Resources were worth $1,286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. UMB Bank n.a. boosted its position in Antero Resources by 357.3% during the third quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company's stock valued at $25,000 after purchasing an additional 686 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in Antero Resources by 1,311.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 960 shares of the oil and natural gas company's stock worth $28,000 after buying an additional 892 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Antero Resources during the third quarter valued at approximately $45,000. Mattson Financial Services LLC purchased a new stake in shares of Antero Resources during the second quarter valued at approximately $64,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Antero Resources by 27.8% in the second quarter. GAMMA Investing LLC now owns 3,012 shares of the oil and natural gas company's stock worth $98,000 after acquiring an additional 655 shares during the period. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AR has been the subject of a number of recent analyst reports. BMO Capital Markets boosted their price objective on shares of Antero Resources from $33.00 to $34.00 and gave the stock a "market perform" rating in a report on Friday, October 4th. Citigroup started coverage on shares of Antero Resources in a research report on Tuesday, September 17th. They set a "neutral" rating and a $29.00 price objective for the company. Bank of America began coverage on shares of Antero Resources in a research report on Monday, October 28th. They issued a "buy" rating and a $36.00 price objective for the company. StockNews.com raised shares of Antero Resources to a "sell" rating in a report on Friday, November 1st. Finally, Truist Financial reduced their price objective on Antero Resources from $29.00 to $28.00 and set a "hold" rating for the company in a research report on Monday, September 30th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $32.83.

Antero Resources Price Performance

AR traded down $0.51 on Tuesday, hitting $31.16. 3,590,833 shares of the stock were exchanged, compared to its average volume of 4,108,486. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. The firm has a market capitalization of $9.70 billion, a price-to-earnings ratio of 224.93 and a beta of 3.36. Antero Resources Co. has a 12 month low of $20.10 and a 12 month high of $36.28. The business has a 50-day moving average of $27.57 and a two-hundred day moving average of $30.11.

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.