Antero Resources Co. (NYSE:AR) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its holdings in Antero Resources Co. (NYSE:AR - Free Report) by 52.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 97,430 shares of the oil and natural gas company's stock after buying an additional 33,496 shares during the quarter. Daiwa Securities Group Inc.'s holdings in Antero Resources were worth $3,415,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Pinnacle Bancorp Inc. purchased a new position in Antero Resources during the fourth quarter valued at approximately $28,000. True Wealth Design LLC purchased a new position in shares of Antero Resources in the third quarter worth $30,000. Spire Wealth Management purchased a new position in shares of Antero Resources in the fourth quarter worth $31,000. Wilmington Savings Fund Society FSB lifted its holdings in shares of Antero Resources by 205.2% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company's stock worth $48,000 after buying an additional 913 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in shares of Antero Resources by 59.6% in the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company's stock worth $49,000 after buying an additional 523 shares in the last quarter. Hedge funds and other institutional investors own 83.04% of the company's stock.

Insider Buying and Selling

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the completion of the sale, the director now directly owns 1,800,000 shares of the company's stock, valued at approximately $71,568,000. This represents a 10.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 6.70% of the stock is owned by insiders.

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Antero Resources Trading Up 3.4 %

Shares of NYSE AR traded up $1.29 during mid-day trading on Monday, reaching $38.86. The company had a trading volume of 3,419,984 shares, compared to its average volume of 3,919,206. The business's 50-day moving average is $38.08 and its 200-day moving average is $32.60. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.21. The stock has a market cap of $12.09 billion, a price-to-earnings ratio of 121.43 and a beta of 3.38. Antero Resources Co. has a 52 week low of $24.53 and a 52 week high of $41.53.

Antero Resources (NYSE:AR - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.14. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. Equities analysts expect that Antero Resources Co. will post 2.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. The Goldman Sachs Group boosted their target price on shares of Antero Resources from $39.00 to $44.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Williams Trading set a $48.00 target price on shares of Antero Resources in a report on Wednesday, March 5th. Wells Fargo & Company raised shares of Antero Resources from an "underweight" rating to an "equal weight" rating and boosted their target price for the stock from $24.00 to $32.00 in a report on Tuesday, December 17th. JPMorgan Chase & Co. boosted their target price on shares of Antero Resources from $45.00 to $47.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Benchmark restated a "hold" rating on shares of Antero Resources in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $40.47.

Antero Resources Company 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.