Salzhauer Michael Sells 7,000 Shares of Antero Resources Co. (NYSE:AR)

Salzhauer Michael cut its stake in shares of Antero Resources Co. (NYSE:AR - Free Report) by 21.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,000 shares of the oil and natural gas company's stock after selling 7,000 shares during the period. Salzhauer Michael's holdings in Antero Resources were worth $911,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Creative Planning raised its stake in shares of Antero Resources by 6.8% during the 2nd quarter. Creative Planning now owns 21,056 shares of the oil and natural gas company's stock worth $687,000 after buying an additional 1,340 shares in the last quarter. CWM LLC increased its stake in Antero Resources by 26.1% in the 3rd quarter. CWM LLC now owns 11,575 shares of the oil and natural gas company's stock valued at $332,000 after purchasing an additional 2,398 shares in the last quarter. UMB Bank n.a. increased its stake in Antero Resources by 357.3% in the 3rd quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company's stock valued at $25,000 after purchasing an additional 686 shares in the last quarter. Viking Fund Management LLC increased its stake in Antero Resources by 66.7% in the 3rd quarter. Viking Fund Management LLC now owns 100,000 shares of the oil and natural gas company's stock valued at $2,865,000 after purchasing an additional 40,000 shares in the last quarter. Finally, nVerses Capital LLC increased its stake in Antero Resources by 4,100.0% in the 3rd quarter. nVerses Capital LLC now owns 8,400 shares of the oil and natural gas company's stock valued at $241,000 after purchasing an additional 8,200 shares in the last quarter. 83.04% of the stock is owned by hedge funds and other institutional investors.

Antero Resources Stock Up 1.9 %

Antero Resources stock traded up $0.75 during mid-day trading on Thursday, hitting $40.13. 6,169,457 shares of the company's stock were exchanged, compared to its average volume of 4,906,893. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. The stock has a market cap of $12.49 billion, a P/E ratio of 286.64 and a beta of 3.33. Antero Resources Co. has a 1-year low of $20.56 and a 1-year high of $41.53. The stock has a 50 day moving average of $36.26 and a two-hundred day moving average of $31.11.

Antero Resources (NYSE:AR - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.14. Antero Resources had a net margin of 1.03% and a negative return on equity of 0.59%. As a group, analysts anticipate that Antero Resources Co. will post -0.11 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. UBS Group raised their price objective on Antero Resources from $39.00 to $44.00 and gave the stock a "neutral" rating in a report on Thursday. Mizuho increased their target price on Antero Resources from $35.00 to $40.00 and gave the stock a "neutral" rating in a research report on Monday, December 16th. Truist Financial raised their price objective on Antero Resources from $28.00 to $38.00 and gave the company a "hold" rating in a research report on Monday, January 13th. Bank of America initiated coverage on Antero Resources in a research report on Monday, October 28th. They set a "buy" rating and a $36.00 target price on the stock. Finally, Wells Fargo & Company raised Antero Resources from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $24.00 to $32.00 in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $39.31.

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.