Thompson Siegel & Walmsley LLC Sells 209,862 Shares of Antero Resources Co. (NYSE:AR)

Thompson Siegel & Walmsley LLC trimmed its holdings in Antero Resources Co. (NYSE:AR - Free Report) by 94.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 11,874 shares of the oil and natural gas company's stock after selling 209,862 shares during the quarter. Thompson Siegel & Walmsley LLC's holdings in Antero Resources were worth $416,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Oregon Public Employees Retirement Fund increased its holdings in Antero Resources by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 59,482 shares of the oil and natural gas company's stock worth $2,085,000 after buying an additional 300 shares in the last quarter. Net Worth Advisory Group boosted its position in Antero Resources by 2.2% in the fourth quarter. Net Worth Advisory Group now owns 16,597 shares of the oil and natural gas company's stock worth $582,000 after purchasing an additional 354 shares during the last quarter. Caprock Group LLC boosted its position in Antero Resources by 0.6% in the fourth quarter. Caprock Group LLC now owns 58,401 shares of the oil and natural gas company's stock worth $2,047,000 after purchasing an additional 374 shares during the last quarter. Global Retirement Partners LLC boosted its position in Antero Resources by 7.8% in the fourth quarter. Global Retirement Partners LLC now owns 5,323 shares of the oil and natural gas company's stock worth $187,000 after purchasing an additional 386 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Antero Resources by 15.8% in the fourth quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company's stock worth $107,000 after purchasing an additional 418 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors.

Remove Ads

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AR. UBS Group raised their target price on Antero Resources from $39.00 to $44.00 and gave the stock a "neutral" rating in a research report on Thursday, February 13th. Barclays raised their target price 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. Mizuho raised 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. Citigroup lifted their price objective on Antero Resources from $29.00 to $35.00 and gave the company a "neutral" rating in a research report on Friday, December 6th. Finally, Benchmark reaffirmed a "hold" rating on shares of Antero Resources in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $41.06.

Antero Resources Price Performance

NYSE:AR traded up $1.15 during trading hours on Wednesday, reaching $41.02. The stock had a trading volume of 3,469,530 shares, compared to its average volume of 3,918,705. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.35 and a current ratio of 0.35. Antero Resources Co. has a 52 week low of $24.53 and a 52 week high of $41.53. The company has a 50 day moving average price of $38.20 and a two-hundred day moving average price of $32.78. The stock has a market capitalization of $12.76 billion, a PE ratio of 128.18 and a beta of 3.38.

Antero Resources (NYSE:AR - Get Free Report) last released 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 analysts' consensus estimates of $0.40 by $0.14. Antero Resources had a return on equity of 0.74% and a net margin of 2.31%. As a group, sell-side analysts anticipate that Antero Resources Co. will post 2.74 earnings per share for the current fiscal year.

Insider Activity

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

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.