Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Antero Resources (NYSE:AR) by 0.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 644,718 shares of the oil and natural gas company’s stock after purchasing an additional 5,888 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned 0.20% of Antero Resources worth $12,798,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. SailingStone Capital Partners LLC lifted its stake in shares of Antero Resources by 0.7% during the fourth quarter. SailingStone Capital Partners LLC now owns 34,911,997 shares of the oil and natural gas company’s stock worth $663,328,000 after purchasing an additional 250,548 shares in the last quarter. BlackRock Inc. lifted its stake in shares of Antero Resources by 1.0% during the fourth quarter. BlackRock Inc. now owns 11,866,714 shares of the oil and natural gas company’s stock worth $225,469,000 after purchasing an additional 122,303 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Antero Resources by 4.9% during the fourth quarter. Geode Capital Management LLC now owns 1,743,451 shares of the oil and natural gas company’s stock worth $33,108,000 after purchasing an additional 81,301 shares in the last quarter. Schroder Investment Management Group lifted its stake in shares of Antero Resources by 9.2% during the fourth quarter. Schroder Investment Management Group now owns 1,530,067 shares of the oil and natural gas company’s stock worth $29,071,000 after purchasing an additional 128,989 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Antero Resources by 12.0% during the fourth quarter. Bank of New York Mellon Corp now owns 1,235,490 shares of the oil and natural gas company’s stock worth $23,474,000 after acquiring an additional 132,768 shares during the last quarter. Institutional investors own 94.08% of the company’s stock.

Shares of Antero Resources opened at $19.32 on Thursday, Marketbeat.com reports. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $6.01 billion, a P/E ratio of 44.12, a PEG ratio of 0.96 and a beta of 0.82. Antero Resources has a fifty-two week low of $18.90 and a fifty-two week high of $19.16.

Antero Resources (NYSE:AR) last announced its quarterly earnings data on Wednesday, April 25th. The oil and natural gas company reported $0.44 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $916.54 million. Antero Resources had a return on equity of 1.61% and a net margin of 10.36%. Antero Resources’s quarterly revenue was up 40.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.18 earnings per share. equities research analysts anticipate that Antero Resources will post 0.99 earnings per share for the current fiscal year.

AR has been the topic of a number of analyst reports. Zacks Investment Research raised Antero Resources from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research report on Wednesday, February 14th. BMO Capital Markets reaffirmed a “buy” rating on shares of Antero Resources in a research report on Wednesday, January 24th. KeyCorp set a $29.00 target price on Antero Resources and gave the stock a “buy” rating in a research report on Sunday, January 21st. Robert W. Baird reaffirmed a “buy” rating and set a $28.00 target price on shares of Antero Resources in a research report on Wednesday, January 17th. Finally, Morgan Stanley lifted their target price on Antero Resources from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Friday, April 20th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $23.94.

In related news, insider K. Phil Yoo sold 2,500 shares of the business’s stock in a transaction dated Tuesday, May 1st. The stock was sold at an average price of $18.93, for a total value of $47,325.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 9.40% of the stock is owned by insiders.

Antero Resources Company Profile

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2017 had approximately 484,000 net acres in the southwestern core of the Marcellus Shale; approximately 137,000 net acres in the core of the Utica Shale; and approximately 214,000 net acres of Marcellus Shale leasehold.

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

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