Janus Henderson Group PLC Decreases Stock Holdings in Antero Resources Co. (NYSE:AR)

Janus Henderson Group PLC reduced its holdings in Antero Resources Co. (NYSE:AR - Free Report) by 20.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 316,917 shares of the oil and natural gas company's stock after selling 83,456 shares during the quarter. Janus Henderson Group PLC owned about 0.10% of Antero Resources worth $9,083,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Icon Wealth Advisors LLC boosted its position in shares of Antero Resources by 5.8% during the 3rd quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the oil and natural gas company's stock worth $242,000 after purchasing an additional 460 shares in the last quarter. Chickasaw Capital Management LLC lifted its stake in shares of Antero Resources by 5.5% in the third quarter. Chickasaw Capital Management LLC now owns 9,540 shares of the oil and natural gas company's stock valued at $273,000 after purchasing an additional 500 shares during the period. Wedmont Private Capital boosted its holdings in Antero Resources by 4.2% during the third quarter. Wedmont Private Capital now owns 16,906 shares of the oil and natural gas company's stock worth $505,000 after buying an additional 681 shares in the last quarter. UMB Bank n.a. grew its position in Antero Resources by 357.3% during the third quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company's stock worth $25,000 after buying an additional 686 shares during the period. Finally, Signaturefd LLC increased its holdings in 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 valued at $121,000 after buying an additional 702 shares in the last quarter. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

Antero Resources Trading Up 0.3 %

Antero Resources stock traded up $0.09 during trading on Monday, reaching $31.18. The company had a trading volume of 3,450,262 shares, compared to its average volume of 4,075,085. Antero Resources Co. has a 12-month low of $20.10 and a 12-month high of $36.28. The stock's 50 day moving average price is $29.66 and its two-hundred day moving average price is $29.83. The firm has a market capitalization of $9.70 billion, a price-to-earnings ratio of 222.71 and a beta of 3.42. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Scotiabank upgraded Antero Resources from a "sector perform" rating to a "sector outperform" rating and upped their price target for the stock from $40.00 to $44.00 in a report on Tuesday, August 20th. The Goldman Sachs Group dropped their price target on Antero Resources from $36.00 to $32.00 and set a "buy" rating for the company in a research report on Friday, September 6th. Roth Mkm started coverage on shares of Antero Resources in a research report on Tuesday, August 27th. They issued a "buy" rating and a $32.00 price objective on the stock. UBS Group cut their target price on shares of Antero Resources from $33.00 to $31.00 and set a "neutral" rating for the company in a research report on Monday, November 4th. Finally, Raymond James increased their price target on shares of Antero Resources from $34.00 to $44.00 and gave the company a "strong-buy" rating in a research report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Antero Resources has an average rating of "Moderate Buy" and an average price target of $33.83.

Antero Resources 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.