Shares of Antero Resources Corp. (NYSE:AR) gapped up before the market opened on Tuesday . The stock had previously closed at $25.97, but opened at $26.37. Antero Resources Corp. shares last traded at $27.78, with a volume of 2,421,645 shares traded.

Several analysts recently commented on AR shares. Vetr upgraded Antero Resources Corp. from a “hold” rating to a “buy” rating and set a $28.66 price target for the company in a research report on Thursday, April 14th. Zacks Investment Research cut Antero Resources Corp. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 27th. Robert W. Baird reiterated a “hold” rating on shares of Antero Resources Corp. in a research report on Friday, April 15th. Credit Suisse Group AG reiterated a “buy” rating on shares of Antero Resources Corp. in a research report on Saturday, April 30th. Finally, Deutsche Bank AG reiterated a “hold” rating on shares of Antero Resources Corp. in a research report on Thursday, March 24th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $30.17.

The company has a market cap of $7.70 billion and a P/E ratio of 14.25. The firm has a 50 day moving average of $27.73 and a 200 day moving average of $25.61.

Antero Resources Corp. (NYSE:AR) last announced its quarterly earnings data on Wednesday, April 27th. The company reported $0.17 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.02. The firm earned $765.40 million during the quarter, compared to analyst estimates of $674.60 million. During the same period in the prior year, the company posted $0.27 earnings per share. The firm’s revenue for the quarter was up 16.9% on a year-over-year basis. Analysts expect that Antero Resources Corp. will post $0.62 earnings per share for the current year.

In other news, VP Kevin J. Kilstrom sold 10,000 shares of Antero Resources Corp. stock in a transaction on Tuesday, June 14th. The stock was sold at an average price of $28.36, for a total value of $283,600.00. Following the completion of the sale, the vice president now owns 344,442 shares of the company’s stock, valued at $9,768,375.12. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Several large investors have made changes to their positions in AR. Vanguard Group Inc. increased its stake in shares of Antero Resources Corp. by 210.6% in the fourth quarter. Vanguard Group Inc. now owns 15,642,207 shares of the company’s stock worth $341,000,000 after buying an additional 10,606,775 shares in the last quarter. Korea Investment CORP acquired a new stake in shares of Antero Resources Corp. during the fourth quarter worth approximately $2,164,000. UBS Oconnor LLC acquired a new stake in shares of Antero Resources Corp. during the fourth quarter worth approximately $4,665,000. Eaton Vance Management acquired a new stake in shares of Antero Resources Corp. during the fourth quarter worth approximately $13,810,000. Finally, Synovus Financial Corp acquired a new stake in shares of Antero Resources Corp. during the fourth quarter worth approximately $1,030,000.

Antero Resources Corporation is engaged in the exploitation, development, and acquisition of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to develop and produce natural gas, NGLs and oil from unconventional formations.

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