Gargoyle Investment Advisor L.L.C. boosted its position in shares of Antero Resources Corporation (NYSE:AR) by 3.2% during the second quarter, Holdings Channel reports. The firm owned 23,665 shares of the oil and natural gas company’s stock after buying an additional 742 shares during the period. Gargoyle Investment Advisor L.L.C.’s holdings in Antero Resources Corporation were worth $511,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of AR. Daiwa Securities Group Inc. raised its stake in Antero Resources Corporation by 29.4% in the first quarter. Daiwa Securities Group Inc. now owns 4,400 shares of the oil and natural gas company’s stock worth $100,000 after buying an additional 1,000 shares in the last quarter. First Quadrant L P CA acquired a new stake in Antero Resources Corporation during the first quarter worth $141,000. Advisors Capital Management LLC acquired a new stake in Antero Resources Corporation during the first quarter worth $156,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its stake in Antero Resources Corporation by 268.2% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 8,100 shares of the oil and natural gas company’s stock worth $185,000 after buying an additional 5,900 shares in the last quarter. Finally, Nomura Holdings Inc. acquired a new stake in Antero Resources Corporation during the first quarter worth $204,000. 92.68% of the stock is currently owned by institutional investors and hedge funds.

Shares of Antero Resources Corporation (NYSE AR) opened at 18.61 on Tuesday. The stock’s 50 day moving average is $20.70 and its 200 day moving average is $22.18. The stock has a market cap of $5.87 billion, a PE ratio of 432.79 and a beta of 0.95. Antero Resources Corporation has a 52-week low of $18.23 and a 52-week high of $28.30.

Antero Resources Corporation (NYSE:AR) last issued its earnings results on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.01. Antero Resources Corporation had a return on equity of 1.44% and a net margin of 0.48%. The company had revenue of $736 million for the quarter, compared to the consensus estimate of $778.55 million. During the same quarter in the prior year, the company posted $0.14 EPS. Antero Resources Corporation’s revenue was up 1.1% compared to the same quarter last year. Equities research analysts forecast that Antero Resources Corporation will post $0.32 earnings per share for the current year.

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AR has been the topic of a number of analyst reports. Evercore ISI lowered shares of Antero Resources Corporation to an “outperform” rating in a report on Wednesday, April 19th. Zacks Investment Research lowered shares of Antero Resources Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Scotiabank set a $31.00 price objective on shares of Antero Resources Corporation and gave the company a “buy” rating in a research note on Monday, May 8th. ValuEngine lowered shares of Antero Resources Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Finally, BidaskClub upgraded shares of Antero Resources Corporation from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $29.13.

In related news, insider K. Phil Yoo sold 3,785 shares of the company’s 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Ward D. Mcneilly sold 24,000 shares of the company’s stock in a transaction on Thursday, June 15th. The shares were 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.

Antero Resources Corporation Company Profile

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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