Barnett & Company Inc. Buys 10,450 Shares of Antero Resources Co. (NYSE:AR)

Barnett & Company Inc. raised its stake in Antero Resources Co. (NYSE:AR - Free Report) by 58.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,250 shares of the oil and natural gas company's stock after acquiring an additional 10,450 shares during the quarter. Barnett & Company Inc.'s holdings in Antero Resources were worth $990,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of AR. Oregon Public Employees Retirement Fund lifted its position in Antero Resources by 0.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 59,482 shares of the oil and natural gas company's stock valued at $2,085,000 after purchasing an additional 300 shares during the period. Net Worth Advisory Group lifted its holdings in Antero Resources by 2.2% in the fourth quarter. Net Worth Advisory Group now owns 16,597 shares of the oil and natural gas company's stock valued at $582,000 after buying an additional 354 shares during the period. Caprock Group LLC boosted its stake in Antero Resources by 0.6% in the fourth quarter. Caprock Group LLC now owns 58,401 shares of the oil and natural gas company's stock valued at $2,047,000 after acquiring an additional 374 shares during the last quarter. Global Retirement Partners LLC grew its holdings in Antero Resources by 7.8% during the 4th quarter. Global Retirement Partners LLC now owns 5,323 shares of the oil and natural gas company's stock worth $187,000 after acquiring an additional 386 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Antero Resources by 15.8% during the 4th quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company's stock valued at $107,000 after acquiring an additional 418 shares during the last quarter. 83.04% of the stock is owned by institutional investors.

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Insider Activity at Antero Resources

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total value of $7,952,000.00. Following the completion of the sale, the director now owns 1,800,000 shares in the company, valued at $71,568,000. This trade represents a 10.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 6.70% of the company's stock.

Analyst Ratings Changes

AR has been the topic of several analyst reports. Citigroup increased their target price on Antero Resources from $29.00 to $35.00 and gave the company a "neutral" rating in a research note on Friday, December 6th. The Goldman Sachs Group increased their price target on shares of Antero Resources from $39.00 to $44.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. Wells Fargo & Company upped their target price on shares of Antero Resources from $40.00 to $42.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 19th. Williams Trading set a $48.00 price target on shares of Antero Resources in a research report on Wednesday, March 5th. Finally, Morgan Stanley restated an "overweight" rating and issued a $58.00 price objective on shares of Antero Resources in a research report on Wednesday. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $42.24.

Antero Resources Stock Down 3.1 %

Shares of NYSE AR traded down $1.28 during midday trading on Thursday, reaching $39.69. The company's stock had a trading volume of 2,019,403 shares, compared to its average volume of 3,923,091. Antero Resources Co. has a fifty-two week low of $24.53 and a fifty-two week high of $42.63. The stock has a 50 day simple moving average of $38.51 and a 200-day simple moving average of $33.37. The stock has a market capitalization of $12.35 billion, a price-to-earnings ratio of 124.04 and a beta of 3.38. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.21.

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 EPS for the quarter, topping 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%. Equities research analysts predict that Antero Resources Co. will post 2.74 earnings per share for the current year.

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.