Antero Resources (NYSE:AR) Stock Rating Upgraded by StockNews.com

Antero Resources (NYSE:AR - Get Free Report) was upgraded by analysts at StockNews.com to a "sell" rating in a research report issued to clients and investors on Thursday.

Several other research analysts also recently commented on the stock. Mizuho raised their price target on shares of Antero Resources from $35.00 to $40.00 and gave the stock a "neutral" rating in a research note on Monday, December 16th. Citigroup raised their target price on shares of Antero Resources from $29.00 to $35.00 and gave the stock a "neutral" rating in a research report on Friday, December 6th. The Goldman Sachs Group boosted their price target on Antero Resources from $39.00 to $44.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Raymond James raised their price objective on Antero Resources from $44.00 to $60.00 and gave the stock a "strong-buy" rating in a report on Thursday, January 23rd. Finally, Bank of America assumed coverage on Antero Resources in a report on Monday, October 28th. They issued a "buy" rating and a $36.00 target price for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $39.44.

Antero Resources Trading Down 0.8 %

Antero Resources stock traded down $0.31 during midday trading on Thursday, reaching $39.84. The stock had a trading volume of 3,880,629 shares, compared to its average volume of 4,851,639. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of 284.57 and a beta of 3.33. Antero Resources has a 52-week low of $22.01 and a 52-week high of $41.53. The company has a fifty day moving average of $36.43 and a 200 day moving average of $31.21.

Antero Resources (NYSE:AR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 will post -0.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AR. CWM LLC increased its stake in Antero Resources by 26.1% during the 3rd quarter. CWM LLC now owns 11,575 shares of the oil and natural gas company's stock valued at $332,000 after purchasing an additional 2,398 shares in the last quarter. Creative Planning lifted its position in Antero Resources by 8.6% during the 3rd quarter. Creative Planning now owns 22,869 shares of the oil and natural gas company's stock worth $655,000 after acquiring an additional 1,813 shares during the period. nVerses Capital LLC grew its stake in Antero Resources by 4,100.0% during the 3rd quarter. nVerses Capital LLC now owns 8,400 shares of the oil and natural gas company's stock valued at $241,000 after purchasing an additional 8,200 shares during the last quarter. Net Worth Advisory Group acquired a new position in shares of Antero Resources in the third quarter valued at about $465,000. Finally, Blue Trust Inc. raised its stake in shares of Antero Resources by 741.2% in the third quarter. Blue Trust Inc. now owns 4,795 shares of the oil and natural gas company's stock worth $137,000 after purchasing an additional 4,225 shares during the last quarter. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

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.