CoreCommodity Management LLC lifted its stake in shares of Antero Resources Corp (NYSE:AR) by 14.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 49,156 shares of the oil and natural gas company’s stock after buying an additional 6,160 shares during the quarter. CoreCommodity Management LLC’s holdings in Antero Resources were worth $462,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Sterling Investment Advisors Ltd. lifted its stake in shares of Antero Resources by 50.0% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 3,000 shares of the oil and natural gas company’s stock worth $28,000 after buying an additional 1,000 shares during the last quarter. RDL Financial Inc. increased its position in Antero Resources by 13.4% during the fourth quarter. RDL Financial Inc. now owns 21,519 shares of the oil and natural gas company’s stock worth $202,000 after acquiring an additional 2,545 shares during the period. Nissay Asset Management Corp Japan ADV increased its position in Antero Resources by 12.6% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 23,361 shares of the oil and natural gas company’s stock worth $219,000 after acquiring an additional 2,606 shares during the period. QS Investors LLC increased its position in Antero Resources by 16.5% during the fourth quarter. QS Investors LLC now owns 23,117 shares of the oil and natural gas company’s stock worth $218,000 after acquiring an additional 3,280 shares during the period. Finally, DekaBank Deutsche Girozentrale increased its position in Antero Resources by 20.8% during the third quarter. DekaBank Deutsche Girozentrale now owns 22,769 shares of the oil and natural gas company’s stock worth $443,000 after acquiring an additional 3,914 shares during the period. Institutional investors own 97.28% of the company’s stock.

AR stock opened at $8.42 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.95 and a current ratio of 0.95. Antero Resources Corp has a 12 month low of $7.63 and a 12 month high of $22.69. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 10.94, a PEG ratio of 13.62 and a beta of 0.98.

Antero Resources (NYSE:AR) last released its earnings results on Wednesday, February 13th. The oil and natural gas company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.33 by $0.09. Antero Resources had a negative net margin of 9.60% and a positive return on equity of 3.67%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the firm earned $0.33 EPS. The business’s quarterly revenue was up 34.5% compared to the same quarter last year. Equities research analysts forecast that Antero Resources Corp will post 0.03 earnings per share for the current fiscal year.

In other news, insider Paul M. Rady bought 12,239 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were purchased at an average cost of $8.34 per share, with a total value of $102,073.26. Following the acquisition, the insider now directly owns 9,579,520 shares in the company, valued at $79,893,196.80. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 9.40% of the stock is owned by company insiders.

A number of equities analysts recently commented on the stock. Raymond James lowered shares of Antero Resources from an “outperform” rating to an “underperform” rating in a research report on Wednesday, December 19th. Scotiabank reaffirmed a “hold” rating and set a $18.00 price target on shares of Antero Resources in a research report on Thursday, February 14th. TD Securities lowered their price target on shares of Antero Resources from $24.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, December 19th. TheStreet lowered shares of Antero Resources from a “c-” rating to a “d+” rating in a research report on Thursday, February 7th. Finally, MKM Partners assumed coverage on shares of Antero Resources in a research report on Wednesday, December 5th. They set a “buy” rating and a $17.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $19.05.

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Antero Resources Profile

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2018, the company had approximately 486,000 net acres in the southwestern core of the Marcellus Shale; 125,000 net acres in the core of the Utica Shale; and 209,000 net acres of Marcellus Shale leasehold.

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

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