Charles Schwab Investment Management Inc. Buys 27,617 Shares of Antero Resources Co. (NYSE:AR)

Charles Schwab Investment Management Inc. grew its holdings in Antero Resources Co. (NYSE:AR - Free Report) by 1.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,929,424 shares of the oil and natural gas company's stock after buying an additional 27,617 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.62% of Antero Resources worth $55,278,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. UMB Bank n.a. grew its holdings in Antero Resources by 357.3% in the third quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company's stock worth $25,000 after purchasing an additional 686 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Antero Resources in the 3rd quarter worth approximately $45,000. Mattson Financial Services LLC purchased a new position in Antero Resources during the second quarter valued at $64,000. GAMMA Investing LLC boosted its holdings in 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 in the last quarter. Finally, Signaturefd LLC grew its stake in shares of Antero Resources by 19.9% in the third quarter. Signaturefd LLC now owns 4,222 shares of the oil and natural gas company's stock worth $121,000 after acquiring an additional 702 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on AR shares. StockNews.com upgraded shares of Antero Resources to a "sell" rating in a research note on Friday, November 1st. JPMorgan Chase & Co. cut their price target on shares of Antero Resources from $37.00 to $30.00 and set an "overweight" rating on the stock in a report on Thursday, September 12th. Citigroup initiated coverage on shares of Antero Resources in a report on Tuesday, September 17th. They issued a "neutral" rating and a $29.00 price objective for the company. The Goldman Sachs Group cut their target price on Antero Resources from $36.00 to $32.00 and set a "buy" rating on the stock in a research note on Friday, September 6th. Finally, Truist Financial decreased their price target on Antero Resources from $29.00 to $28.00 and set a "hold" rating for the company in a research note on Monday, September 30th. Two analysts have rated the stock with a sell rating, seven have given 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, the stock currently has an average rating of "Moderate Buy" and an average price target of $33.50.

Antero Resources Trading Up 0.6 %

NYSE AR traded up $0.21 during trading hours on Friday, hitting $32.69. 1,913,694 shares of the company were exchanged, compared to its average volume of 3,818,316. Antero Resources Co. has a 52 week low of $20.10 and a 52 week high of $36.28. 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 stock has a 50-day moving average price of $29.27 and a 200 day moving average price of $29.99. The stock has a market cap of $10.17 billion, a PE ratio of 233.50 and a beta of 3.36.

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.