Antero Resources Co. (NYSE:AR) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. lowered its stake in Antero Resources Co. (NYSE:AR - Free Report) by 64.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,803 shares of the oil and natural gas company's stock after selling 15,894 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Antero Resources were worth $309,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Pinnacle Bancorp Inc. acquired a new position in Antero Resources in the fourth quarter worth approximately $28,000. Spire Wealth Management acquired a new position in Antero Resources in the fourth quarter worth approximately $31,000. Wilmington Savings Fund Society FSB grew its position in Antero Resources by 205.2% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company's stock worth $48,000 after buying an additional 913 shares during the last quarter. UMB Bank n.a. grew its position in Antero Resources by 59.6% in the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company's stock worth $49,000 after buying an additional 523 shares during the last quarter. Finally, Transcendent Capital Group LLC acquired a new position in Antero Resources in the fourth quarter worth approximately $56,000. Institutional investors and hedge funds own 83.04% of the company's stock.

Insider Buying and Selling at Antero Resources

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the transaction, the director now owns 1,800,000 shares in the company, valued at $71,568,000. This trade represents a 10.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 6.70% of the company's stock.

Antero Resources Trading Up 0.7 %

NYSE:AR opened at $36.17 on Wednesday. The stock's 50 day moving average price is $36.47 and its 200 day moving average price is $34.67. Antero Resources Co. has a 52 week low of $24.53 and a 52 week high of $42.63. The company has a market capitalization of $11.26 billion, a P/E ratio of 113.03 and a beta of 3.08. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.35 and a current ratio of 0.35.

Antero Resources (NYSE:AR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.40 by $0.14. Antero Resources had a return on equity of 0.74% and a net margin of 2.31%. On average, research analysts forecast that Antero Resources Co. will post 2.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AR. Williams Trading set a $48.00 price target on shares of Antero Resources in a research report on Wednesday, March 5th. The Goldman Sachs Group raised their price objective on shares of Antero Resources from $39.00 to $44.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Benchmark restated a "hold" rating on shares of Antero Resources in a research report on Friday, January 17th. TD Cowen upgraded Antero Resources from a "hold" rating to a "buy" rating and upped their target price for the company from $40.00 to $46.00 in a report on Tuesday, April 8th. Finally, Barclays upped their target price on Antero Resources from $36.00 to $38.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $42.44.

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.

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