Natixis Advisors LLC increased its holdings in shares of Antero Resources Co. (NYSE:AR - Free Report) by 6.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,516,963 shares of the oil and natural gas company's stock after buying an additional 88,099 shares during the period. Natixis Advisors LLC owned about 0.49% of Antero Resources worth $43,461,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of AR. UMB Bank n.a. grew its holdings in shares of 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 purchasing an additional 686 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Antero Resources by 1,311.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 960 shares of the oil and natural gas company's stock worth $28,000 after acquiring an additional 892 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in Antero Resources during the third quarter worth about $45,000. Mattson Financial Services LLC acquired a new stake in shares of Antero Resources in the 2nd quarter worth approximately $64,000. Finally, GAMMA Investing LLC grew 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 valued at $98,000 after purchasing an additional 655 shares during the last quarter. Hedge funds and other institutional investors own 83.04% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the company. Wells Fargo & Company cut their price objective on Antero Resources from $25.00 to $24.00 and set an "underweight" rating for the company in a research report on Friday, October 18th. Barclays dropped 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. Morgan Stanley decreased their target price on Antero Resources from $39.00 to $38.00 and set an "overweight" rating for the company in a report on Monday, September 16th. Citigroup initiated coverage on Antero Resources in a research report on Tuesday, September 17th. They issued a "neutral" rating and a $29.00 price objective on the stock. Finally, BMO Capital Markets lifted their price objective on Antero Resources from $33.00 to $34.00 and gave the stock a "market perform" rating in a report on Friday, October 4th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Antero Resources currently has an average rating of "Moderate Buy" and a consensus price target of $32.83.
Get Our Latest Report on AR
Antero Resources Stock Performance
Shares of NYSE:AR traded up $1.46 on Monday, hitting $31.95. The company's stock had a trading volume of 4,692,272 shares, compared to its average volume of 4,094,694. The company has a market capitalization of $9.94 billion, a price-to-earnings ratio of 217.79 and a beta of 3.36. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The stock's 50-day moving average is $28.01 and its two-hundred day moving average is $30.03. Antero Resources Co. has a 12 month low of $20.10 and a 12 month high of $36.28.
Antero Resources Company Profile
(
Free Report)
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.
See Also
Before you consider Antero Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Antero Resources wasn't on the list.
While Antero Resources currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.