Carnick & Kubik Group LLC boosted its position in shares of Antero Resources Corporation (NYSE:AR) by 3.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 629,998 shares of the oil and natural gas company’s stock after buying an additional 23,485 shares during the period. Antero Resources Corporation makes up about 15.3% of Carnick & Kubik Group LLC’s holdings, making the stock its largest position. Carnick & Kubik Group LLC’s holdings in Antero Resources Corporation were worth $13,614,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of AR. BlackRock Inc. boosted its position in Antero Resources Corporation by 2,440.4% in the first quarter. BlackRock Inc. now owns 8,550,873 shares of the oil and natural gas company’s stock worth $195,044,000 after buying an additional 8,214,276 shares during the last quarter. Sound Shore Management Inc. CT purchased a new position in Antero Resources Corporation during the first quarter worth $175,832,000. State Street Corp boosted its position in Antero Resources Corporation by 21.4% in the first quarter. State Street Corp now owns 7,208,698 shares of the oil and natural gas company’s stock worth $164,429,000 after buying an additional 1,271,005 shares during the last quarter. Caymus Capital Partners L.P. boosted its position in Antero Resources Corporation by 64.1% in the first quarter. Caymus Capital Partners L.P. now owns 3,248,200 shares of the oil and natural gas company’s stock worth $74,091,000 after buying an additional 1,269,400 shares during the last quarter. Finally, Pennant Capital Management LLC boosted its position in Antero Resources Corporation by 36.8% in the first quarter. Pennant Capital Management LLC now owns 3,629,205 shares of the oil and natural gas company’s stock worth $82,782,000 after buying an additional 975,965 shares during the last quarter. 91.59% of the stock is owned by institutional investors.

Antero Resources Corporation (NYSE AR) opened at 18.53 on Thursday. The company’s 50 day moving average is $20.85 and its 200-day moving average is $22.36. Antero Resources Corporation has a 1-year low of $18.27 and a 1-year high of $28.30. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 430.93 and a beta of 0.95.

Antero Resources Corporation (NYSE:AR) last released its quarterly earnings results on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by $0.01. The company had revenue of $736 million during the quarter, compared to analyst estimates of $778.55 million. Antero Resources Corporation had a net margin of 0.48% and a return on equity of 1.44%. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 EPS. On average, analysts predict that Antero Resources Corporation will post $0.37 EPS for the current fiscal year.

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AR has been the topic of several research analyst reports. Zacks Investment Research cut shares of Antero Resources Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Evercore ISI cut shares of Antero Resources Corporation to an “outperform” rating in a research report on Wednesday, April 19th. BMO Capital Markets reaffirmed a “buy” rating and set a $26.00 price target on shares of Antero Resources Corporation in a research report on Thursday, June 22nd. Citigroup Inc. reduced their price target on shares of Antero Resources Corporation from $34.00 to $27.00 and set a “buy” rating on the stock in a research report on Friday, July 21st. Finally, Scotiabank set a $31.00 target price on shares of Antero Resources Corporation and gave the stock a “buy” rating in a report on Monday, May 8th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $29.88.

In related news, insider K. Phil Yoo sold 3,785 shares of the stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $20.55, for a total transaction of $77,781.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ward D. Mcneilly sold 24,000 shares of the stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $22.05, for a total transaction of $529,200.00. The disclosure for this sale can be found here. 10.80% of the stock is owned by corporate insiders.

About Antero Resources Corporation

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

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Institutional Ownership by Quarter for Antero Resources Corporation (NYSE:AR)

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