15,010 Shares in Antero Resources Co. (NYSE:AR) Purchased by Bearing Point Capital LLC

Bearing Point Capital LLC purchased a new stake in Antero Resources Co. (NYSE:AR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,010 shares of the oil and natural gas company's stock, valued at approximately $526,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AR. Vanguard Group Inc. increased its position in shares of Antero Resources by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 29,574,973 shares of the oil and natural gas company's stock valued at $1,036,603,000 after buying an additional 214,060 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Antero Resources by 12.6% during the fourth quarter. Wellington Management Group LLP now owns 19,661,491 shares of the oil and natural gas company's stock valued at $689,135,000 after acquiring an additional 2,201,429 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Antero Resources by 12.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,829,263 shares of the oil and natural gas company's stock valued at $414,628,000 after purchasing an additional 1,274,760 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Antero Resources during the fourth quarter worth $140,020,000. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of Antero Resources by 7.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,851,355 shares of the oil and natural gas company's stock worth $99,940,000 after buying an additional 186,727 shares in the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director W Howard Keenan, Jr. sold 200,000 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total value of $7,952,000.00. Following the completion of the sale, the director now owns 1,800,000 shares of the company's stock, valued at approximately $71,568,000. The trade was a 10.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.70% of the stock is owned by company insiders.

Antero Resources Price Performance

NYSE AR traded up $1.21 during trading hours on Wednesday, reaching $36.71. The company's stock had a trading volume of 4,451,302 shares, compared to its average volume of 4,143,427. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.35 and a current ratio of 0.35. The stock has a market cap of $11.40 billion, a PE ratio of 114.72 and a beta of 0.66. The company's 50-day moving average is $36.28 and its two-hundred day moving average is $34.96. Antero Resources Co. has a fifty-two week low of $24.53 and a fifty-two week high of $42.63.

Antero Resources (NYSE:AR - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The oil and natural gas company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.10. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the firm posted $0.12 EPS. The company's revenue was up 20.5% on a year-over-year basis. Analysts forecast that Antero Resources Co. will post 2.74 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on AR. JPMorgan Chase & Co. increased their price target on Antero Resources from $45.00 to $47.00 and gave the company an "overweight" rating in a report on Thursday, March 13th. Wells Fargo & Company upped their price objective on shares of Antero Resources from $40.00 to $42.00 and gave the company an "equal weight" rating in a report on Wednesday, March 19th. Williams Trading set a $48.00 price target on shares of Antero Resources in a research note on Wednesday, March 5th. Morgan Stanley reaffirmed an "overweight" rating and issued a $58.00 target price on shares of Antero Resources in a research report on Wednesday, March 26th. Finally, Raymond James upped their target price on shares of Antero Resources from $44.00 to $60.00 and gave the stock a "strong-buy" rating in a research note on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Antero Resources presently has a consensus rating of "Moderate Buy" and a consensus target price of $42.39.

Antero Resources Profile

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.