AMP Capital Investors Ltd Grows Stake in Antero Resources Corp (AR)

AMP Capital Investors Ltd grew its position in Antero Resources Corp (NYSE:AR) by 9.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 42,524 shares of the oil and natural gas company’s stock after buying an additional 3,685 shares during the period. AMP Capital Investors Ltd’s holdings in Antero Resources were worth $846,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Great West Life Assurance Co. Can lifted its holdings in shares of Antero Resources by 16.8% in the second quarter. Great West Life Assurance Co. Can now owns 108,333 shares of the oil and natural gas company’s stock valued at $2,337,000 after purchasing an additional 15,563 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Antero Resources by 128.1% in the second quarter. Sei Investments Co. now owns 21,003 shares of the oil and natural gas company’s stock valued at $453,000 after purchasing an additional 11,794 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Antero Resources by 23.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 581,400 shares of the oil and natural gas company’s stock valued at $12,565,000 after purchasing an additional 110,834 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Antero Resources by 34.2% in the second quarter. Rhumbline Advisers now owns 239,078 shares of the oil and natural gas company’s stock valued at $5,166,000 after purchasing an additional 60,910 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Antero Resources by 39.1% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 145,586 shares of the oil and natural gas company’s stock valued at $3,146,000 after purchasing an additional 40,907 shares in the last quarter. 96.99% of the stock is owned by institutional investors and hedge funds.

Shares of Antero Resources Corp (AR) opened at $18.53 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. Antero Resources Corp has a 12 month low of $17.59 and a 12 month high of $26.60. The firm has a market capitalization of $5,750.82, a price-to-earnings ratio of 95.89 and a beta of 0.94.

Antero Resources (NYSE:AR) last released its earnings results on Wednesday, November 1st. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Antero Resources had a positive return on equity of 0.78% and a negative net margin of 12.82%. The business had revenue of $775.30 million for the quarter, compared to the consensus estimate of $798.88 million. During the same quarter in the previous year, the company earned $0.18 earnings per share. equities analysts anticipate that Antero Resources Corp will post -0.11 EPS for the current fiscal year.

A number of brokerages have recently commented on AR. Morgan Stanley restated an “equal weight” rating on shares of Antero Resources in a report on Thursday, December 14th. Zacks Investment Research lowered Antero Resources from a “hold” rating to a “sell” rating in a report on Wednesday. Robert W. Baird dropped their target price on Antero Resources from $39.00 to $22.00 and set an “outperform” rating on the stock in a report on Monday. BMO Capital Markets restated a “buy” rating on shares of Antero Resources in a research note on Friday, September 22nd. Finally, SunTrust Banks restated a “hold” rating and issued a $23.00 price objective on shares of Antero Resources in a research note on Friday, December 8th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Antero Resources presently has an average rating of “Hold” and a consensus target price of $26.32.

In other Antero Resources news, insider Kevin J. Kilstrom sold 82,760 shares of the stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $19.99, for a total transaction of $1,654,372.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider K. Phil Yoo sold 10,865 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $19.25, for a total value of $209,151.25. The disclosure for this sale can be found here. 9.20% of the stock is owned by corporate insiders.

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About Antero Resources

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 (NYSE:AR)

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