Marshall Wace LLP Takes $9.12 Million Position in Antero Resources Co. (NYSE:AR)

Marshall Wace LLP acquired a new position in Antero Resources Co. (NYSE:AR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 260,294 shares of the oil and natural gas company's stock, valued at approximately $9,123,000. Marshall Wace LLP owned about 0.08% of Antero Resources as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Antero Resources by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 29,574,973 shares of the oil and natural gas company's stock valued at $1,036,603,000 after purchasing an additional 214,060 shares during the last quarter. Wellington Management Group LLP raised its stake in Antero Resources by 12.6% during the 4th quarter. Wellington Management Group LLP now owns 19,661,491 shares of the oil and natural gas company's stock valued at $689,135,000 after buying an additional 2,201,429 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Antero Resources during the 4th quarter valued at $140,020,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Antero Resources by 7.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,851,355 shares of the oil and natural gas company's stock worth $99,940,000 after buying an additional 186,727 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Antero Resources by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,961,644 shares of the oil and natural gas company's stock worth $68,756,000 after acquiring an additional 32,220 shares during the period. 83.04% of the stock is owned by institutional investors.

Insider Buying and Selling at Antero Resources

In related news, Director W Howard Keenan, Jr. sold 200,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the sale, the director now owns 1,800,000 shares in the company, valued at approximately $71,568,000. This represents a 10.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 6.70% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have issued reports on AR shares. Williams Trading set a $48.00 target price on Antero Resources in a research report on Wednesday, March 5th. Raymond James raised their price objective on shares of Antero Resources from $44.00 to $60.00 and gave the stock a "strong-buy" rating in a report on Thursday, January 23rd. Benchmark restated a "hold" rating on shares of Antero Resources in a research note on Friday, January 17th. The Goldman Sachs Group lifted their target price on Antero Resources from $39.00 to $44.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. Finally, Barclays upped their price target on Antero Resources from $36.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $42.44.

Antero Resources Trading Up 2.4 %

Shares of Antero Resources stock opened at $32.83 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.21. The firm has a market cap of $10.22 billion, a price-to-earnings ratio of 102.59 and a beta of 3.08. Antero Resources Co. has a twelve month low of $24.53 and a twelve month high of $42.63. The business has a 50-day moving average price of $36.93 and a 200-day moving average price of $34.46.

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

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.

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