Capital CS Group LLC Buys Shares of 17,550 Antero Resources Co. (NYSE:AR)

Capital CS Group LLC acquired a new position in shares of Antero Resources Co. (NYSE:AR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,550 shares of the oil and natural gas company's stock, valued at approximately $615,000. Antero Resources comprises about 0.8% of Capital CS Group LLC's investment portfolio, making the stock its 21st biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in AR. HITE Hedge Asset Management LLC grew its stake in shares of Antero Resources by 537.2% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 954,685 shares of the oil and natural gas company's stock valued at $27,352,000 after buying an additional 804,851 shares during the period. Wellington Management Group LLP grew its position in Antero Resources by 4.0% during the third quarter. Wellington Management Group LLP now owns 17,460,062 shares of the oil and natural gas company's stock valued at $500,231,000 after acquiring an additional 675,053 shares during the period. Kailix Advisors LLC acquired a new stake in Antero Resources during the third quarter worth about $17,327,000. Driehaus Capital Management LLC purchased a new position in shares of Antero Resources in the 2nd quarter worth about $17,307,000. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Antero Resources by 36.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,747,304 shares of the oil and natural gas company's stock valued at $50,060,000 after purchasing an additional 464,970 shares in the last quarter. Hedge funds and other institutional investors own 83.04% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on AR shares. StockNews.com raised shares of Antero Resources to a "sell" rating in a research report on Friday, January 3rd. BMO Capital Markets increased their price objective on shares of Antero Resources from $33.00 to $34.00 and gave the stock a "market perform" rating in a research report on Friday, October 4th. UBS Group lifted their target price on shares of Antero Resources from $31.00 to $35.00 and gave the company a "neutral" rating in a report on Monday, December 9th. Barclays decreased their price target on shares of Antero Resources from $32.00 to $30.00 and set an "equal weight" rating for the company in a research report on Thursday, October 3rd. Finally, Wells Fargo & Company raised Antero Resources from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $24.00 to $32.00 in a research report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $36.35.

Antero Resources Stock Up 0.5 %

Shares of AR traded up $0.21 during midday trading on Tuesday, hitting $38.51. The company had a trading volume of 6,949,061 shares, compared to its average volume of 5,373,195. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. Antero Resources Co. has a 52 week low of $20.56 and a 52 week high of $39.43. The company's 50 day moving average price is $32.72 and its 200 day moving average price is $29.87. The stock has a market cap of $11.98 billion, a price-to-earnings ratio of 275.07 and a beta of 3.37.

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.