Antero Resources Co. (NYSE:AR) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its stake in shares of Antero Resources Co. (NYSE:AR - Free Report) by 17.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 863,161 shares of the oil and natural gas company's stock after buying an additional 125,471 shares during the period. Victory Capital Management Inc. owned approximately 0.28% of Antero Resources worth $30,254,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Oregon Public Employees Retirement Fund lifted its stake 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 purchasing an additional 300 shares in the last quarter. Caprock Group LLC boosted its stake in shares of Antero Resources by 0.6% during the 4th 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 period. Global Retirement Partners LLC grew its stake in shares of Antero Resources by 7.8% during the fourth quarter. Global Retirement Partners LLC now owns 5,323 shares of the oil and natural gas company's stock valued at $187,000 after buying an additional 386 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Antero Resources by 15.8% during the fourth quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company's stock valued at $107,000 after purchasing an additional 418 shares during the period. Finally, Icon Wealth Advisors LLC boosted its holdings in shares of Antero Resources by 5.8% in the third quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the oil and natural gas company's stock valued at $242,000 after purchasing an additional 460 shares during the period. 83.04% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Barclays upped their price target on shares of Antero Resources from $36.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Williams Trading set a $48.00 target price on Antero Resources in a research note on Wednesday, March 5th. Citigroup increased their price objective on shares of Antero Resources from $29.00 to $35.00 and gave the stock a "neutral" rating in a research note on Friday, December 6th. JPMorgan Chase & Co. boosted their target price on shares of Antero Resources from $45.00 to $47.00 and gave the company an "overweight" rating in a research note on Thursday. Finally, The Goldman Sachs Group upped their target price on Antero Resources from $39.00 to $44.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $40.47.

Insider Buying and Selling at Antero Resources

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of Antero Resources stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the completion of the sale, the director now directly owns 1,800,000 shares of the company's stock, valued at $71,568,000. The trade was a 10.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 6.70% of the stock is owned by corporate insiders.

Antero Resources Trading Up 0.9 %

Shares of NYSE AR traded up $0.32 during midday trading on Thursday, reaching $36.33. 5,102,420 shares of the stock were exchanged, compared to its average volume of 4,951,999. The stock has a market capitalization of $11.31 billion, a P/E ratio of 113.54 and a beta of 3.38. Antero Resources Co. has a twelve month low of $24.53 and a twelve month high of $41.53. The company has a 50 day simple moving average of $38.01 and a 200 day simple moving average of $32.42. 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 (NYSE:AR - Get Free Report) last announced its earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 EPS for the quarter, beating 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, equities analysts expect that Antero Resources Co. will post 2.74 earnings per share for the current year.

Antero Resources Company 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.