Antero Resources Co. (NYSE:AR) Shares Purchased by S&CO Inc.

S&CO Inc. increased its position in Antero Resources Co. (NYSE:AR - Free Report) by 30.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 278,228 shares of the oil and natural gas company's stock after acquiring an additional 65,060 shares during the period. S&CO Inc. owned approximately 0.09% of Antero Resources worth $7,971,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AR. UMB Bank n.a. grew its position in Antero Resources by 357.3% during the 3rd 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 period. Allspring Global Investments Holdings LLC grew its position in Antero Resources by 1,311.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 960 shares of the oil and natural gas company's stock valued at $28,000 after buying an additional 892 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Antero Resources in the third quarter worth about $45,000. Mattson Financial Services LLC purchased a new stake in shares of Antero Resources during the 2nd quarter worth about $64,000. Finally, GAMMA Investing LLC grew its position in shares of Antero Resources by 27.8% during the 2nd quarter. GAMMA Investing LLC now owns 3,012 shares of the oil and natural gas company's stock valued at $98,000 after acquiring an additional 655 shares during the period. Institutional investors and hedge funds own 83.04% of the company's stock.

Antero Resources Trading Up 0.3 %

Shares of AR stock traded up $0.08 during trading on Friday, hitting $30.49. 2,445,390 shares of the stock traded hands, compared to its average volume of 3,941,534. Antero Resources Co. has a 52-week low of $20.10 and a 52-week high of $36.28. The firm has a market capitalization of $9.49 billion, a P/E ratio of 217.79 and a beta of 3.36. The firm's fifty day moving average price is $28.01 and its 200-day moving average price is $30.03. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28.

Analysts Set New Price Targets

AR has been the topic of a number of recent analyst reports. BMO Capital Markets increased their price target on Antero Resources from $33.00 to $34.00 and gave the stock a "market perform" rating in a research report on Friday, October 4th. StockNews.com upgraded shares of Antero Resources to a "sell" rating in a research report on Friday, November 1st. Wolfe Research upgraded shares of Antero Resources from a "peer perform" rating to an "outperform" rating and set a $37.00 price target for the company in a research report on Wednesday, September 11th. Roth Capital raised Antero Resources to a "strong-buy" rating in a report on Tuesday, August 27th. Finally, Bank of America initiated coverage on Antero Resources in a research note on Monday, October 28th. They issued a "buy" rating and a $36.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Antero Resources has a consensus rating of "Moderate Buy" and a consensus price target of $32.83.

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.