Antero Resources Corporation $AR Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in Antero Resources Corporation (NYSE:AR) by 39.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 163,670 shares of the oil and natural gas company’s stock after acquiring an additional 46,542 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Antero Resources were worth $5,751,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Annandale Capital LLC grew its holdings in Antero Resources by 0.4% during the third quarter. Annandale Capital LLC now owns 73,754 shares of the oil and natural gas company’s stock worth $2,475,000 after acquiring an additional 300 shares during the period. Parallel Advisors LLC boosted its position in shares of Antero Resources by 16.7% during the 4th quarter. Parallel Advisors LLC now owns 2,108 shares of the oil and natural gas company’s stock valued at $73,000 after purchasing an additional 301 shares in the last quarter. Brooklyn Investment Group grew its stake in shares of Antero Resources by 2.0% in the 3rd quarter. Brooklyn Investment Group now owns 15,752 shares of the oil and natural gas company’s stock worth $529,000 after purchasing an additional 305 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Antero Resources by 4.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 8,506 shares of the oil and natural gas company’s stock worth $293,000 after purchasing an additional 343 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of Antero Resources by 59.2% in the third quarter. IFP Advisors Inc now owns 928 shares of the oil and natural gas company’s stock valued at $31,000 after buying an additional 345 shares in the last quarter. Institutional investors own 83.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. JPMorgan Chase & Co. cut their price objective on Antero Resources from $49.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday, July 8th. Roth Capital reaffirmed a “neutral” rating and set a $38.00 price objective on shares of Antero Resources in a research report on Thursday, April 30th. Texas Capital upgraded shares of Antero Resources to a “strong-buy” rating in a research note on Thursday, June 25th. Wolfe Research reiterated an “outperform” rating and issued a $48.00 target price on shares of Antero Resources in a research report on Thursday, July 30th. Finally, The Goldman Sachs Group decreased their target price on shares of Antero Resources from $46.00 to $41.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $48.31.

Antero Resources Trading Down 1.0%

Shares of AR stock opened at $37.45 on Thursday. Antero Resources Corporation has a 12 month low of $29.10 and a 12 month high of $45.75. The company has a market cap of $11.51 billion, a PE ratio of 10.76 and a beta of 0.34. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $34.81 and its two-hundred day moving average is $36.62.

Antero Resources Company Profile

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.