Antero Resources Co. (NYSE:AR) Holdings Decreased by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its stake in Antero Resources Co. (NYSE:AR) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 133,755 shares of the oil and natural gas company’s stock after selling 3,539 shares during the quarter. Yousif Capital Management LLC’s holdings in Antero Resources were worth $3,034,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. CWM LLC increased its position in shares of Antero Resources by 33.9% during the 3rd quarter. CWM LLC now owns 2,990 shares of the oil and natural gas company’s stock valued at $76,000 after purchasing an additional 757 shares during the period. Commonwealth Equity Services LLC grew its holdings in Antero Resources by 49.5% during the third quarter. Commonwealth Equity Services LLC now owns 81,591 shares of the oil and natural gas company’s stock worth $2,071,000 after acquiring an additional 27,005 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Antero Resources by 166.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 46,651 shares of the oil and natural gas company’s stock worth $1,184,000 after acquiring an additional 29,172 shares in the last quarter. Independent Advisor Alliance acquired a new stake in Antero Resources in the 3rd quarter valued at about $246,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Antero Resources by 34.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,826,549 shares of the oil and natural gas company’s stock valued at $97,118,000 after purchasing an additional 982,384 shares in the last quarter. Institutional investors and hedge funds own 83.04% of the company’s stock.

Antero Resources Stock Up 1.2 %

Antero Resources stock opened at $33.80 on Monday. Antero Resources Co. has a twelve month low of $19.91 and a twelve month high of $34.24. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.33 and a current ratio of 0.29. The firm has a market cap of $10.51 billion, a PE ratio of 169.00 and a beta of 3.30. The firm’s 50 day moving average price is $27.85 and its two-hundred day moving average price is $25.46.

Antero Resources (NYSE:AR) last announced its quarterly earnings data on Thursday, April 25th. The oil and natural gas company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.01). Antero Resources had a return on equity of 0.18% and a net margin of 1.50%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the business posted $0.48 earnings per share. Antero Resources’s revenue was down 20.3% on a year-over-year basis. On average, research analysts predict that Antero Resources Co. will post 0.33 EPS for the current fiscal year.

Insider Activity

In other Antero Resources news, insider Sheri Pearce sold 28,009 shares of Antero Resources stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $26.29, for a total value of $736,356.61. Following the completion of the sale, the insider now directly owns 106,698 shares in the company, valued at $2,805,090.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, insider Sheri Pearce sold 28,009 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $26.29, for a total value of $736,356.61. Following the transaction, the insider now directly owns 106,698 shares of the company’s stock, valued at approximately $2,805,090.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director W Howard Keenan, Jr. sold 232,293 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $25.85, for a total value of $6,004,774.05. Following the sale, the director now directly owns 3,000,000 shares of the company’s stock, valued at approximately $77,550,000. The disclosure for this sale can be found here. Insiders sold a total of 467,280 shares of company stock worth $12,153,605 in the last three months. 5.95% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. Barclays began coverage on shares of Antero Resources in a research note on Wednesday, April 10th. They set an “equal weight” rating and a $32.00 target price for the company. Scotiabank increased their price objective on Antero Resources from $26.00 to $36.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. StockNews.com upgraded Antero Resources to a “sell” rating in a report on Friday. Benchmark downgraded Antero Resources from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Finally, Tudor, Pickering, Holt & Co. upgraded Antero Resources from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $30.69.

About Antero Resources

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.