Union Bancaire Privee UBP SA Makes New $876,000 Investment in Antero Resources Co. (NYSE:AR)

Union Bancaire Privee UBP SA purchased a new position in shares of Antero Resources Co. (NYSE:AR - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 26,908 shares of the oil and natural gas company's stock, valued at approximately $876,000.

Other large investors have also recently made changes to their positions in the company. HITE Hedge Asset Management LLC boosted its holdings in shares of Antero Resources by 537.2% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 954,685 shares of the oil and natural gas company's stock worth $27,352,000 after purchasing an additional 804,851 shares during the last quarter. Wellington Management Group LLP boosted its stake in Antero Resources by 4.0% during the third quarter. Wellington Management Group LLP now owns 17,460,062 shares of the oil and natural gas company's stock worth $500,231,000 after buying an additional 675,053 shares during the last quarter. Kailix Advisors LLC purchased a new stake in Antero Resources in the 3rd quarter valued at $17,327,000. Assenagon Asset Management S.A. increased its stake in shares of Antero Resources by 36.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,747,304 shares of the oil and natural gas company's stock worth $50,060,000 after acquiring an additional 464,970 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Antero Resources by 1,021.1% during the 2nd quarter. AQR Capital Management LLC now owns 483,725 shares of the oil and natural gas company's stock worth $15,784,000 after acquiring an additional 440,578 shares during the period. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

Antero Resources Stock Down 1.7 %

Shares of NYSE:AR traded down $0.64 during trading on Friday, hitting $37.21. The company's stock had a trading volume of 3,472,839 shares, compared to its average volume of 4,844,473. Antero Resources Co. has a fifty-two week low of $20.56 and a fifty-two week high of $41.53. The business has a 50 day moving average price of $35.04 and a two-hundred day moving average price of $30.53. 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 company has a market capitalization of $11.58 billion, a PE ratio of 265.80 and a beta of 3.37.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Mizuho upped their price objective on shares of Antero Resources from $35.00 to $40.00 and gave the company a "neutral" rating in a report on Monday, December 16th. Benchmark restated a "hold" rating on shares of Antero Resources in a report on Friday, January 17th. StockNews.com upgraded Antero Resources to a "sell" rating in a report on Thursday, January 16th. JPMorgan Chase & Co. raised their target price on Antero Resources from $36.00 to $38.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 14th. Finally, UBS Group upped their price target on Antero Resources from $35.00 to $39.00 and gave the company a "neutral" rating in a research note on Friday, January 17th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $39.00.

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.