Banco Bilbao Vizcaya Argentaria S.A. Sells 15,894 Shares of Antero Resources Co. (NYSE:AR)

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

Several other hedge funds and other institutional investors also recently made changes to their positions in AR. Janney Montgomery Scott LLC lifted its position in shares of Antero Resources by 83.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 26,467 shares of the oil and natural gas company's stock worth $928,000 after buying an additional 12,062 shares during the period. Slate Path Capital LP acquired a new stake in shares of Antero Resources during the 4th quarter worth about $35,471,000. Wealthfront Advisers LLC bought a new position in Antero Resources during the 4th quarter valued at about $556,000. Allspring Global Investments Holdings LLC boosted its position in Antero Resources by 1,423.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,544 shares of the oil and natural gas company's stock valued at $304,000 after buying an additional 7,983 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Antero Resources by 7.3% during the fourth quarter. Sei Investments Co. now owns 178,183 shares of the oil and natural gas company's stock worth $6,246,000 after buying an additional 12,156 shares during the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

Antero Resources Trading Down 0.2 %

Shares of AR traded down $0.08 during trading hours on Monday, reaching $35.68. The stock had a trading volume of 999,063 shares, compared to its average volume of 5,242,749. The firm has a 50-day moving average of $36.31 and a 200 day moving average of $34.88. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.21. The company has a market cap of $11.09 billion, a P/E ratio of 111.50 and a beta of 3.08. Antero Resources Co. has a 52 week low of $24.53 and a 52 week high of $42.63.

Antero Resources (NYSE:AR - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The oil and natural gas company reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.10. Antero Resources had a return on equity of 0.74% and a net margin of 2.31%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the firm posted $0.12 earnings per share. Antero Resources's revenue was up 20.5% compared to the same quarter last year. On average, sell-side analysts expect that Antero Resources Co. will post 2.74 earnings per share for the current fiscal year.

Insider Activity

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

Analyst Ratings Changes

AR has been the topic of a number of recent analyst reports. Raymond James boosted their price objective on Antero Resources from $44.00 to $60.00 and gave the stock a "strong-buy" rating in a research note on Thursday, January 23rd. TD Cowen upgraded shares of Antero Resources from a "hold" rating to a "buy" rating and raised their price objective for the company from $40.00 to $46.00 in a research report on Tuesday, April 8th. Benchmark reaffirmed a "hold" rating on shares of Antero Resources in a research note on Friday, January 17th. The Goldman Sachs Group increased their price target on shares of Antero Resources from $39.00 to $44.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Finally, StockNews.com upgraded shares of Antero Resources to a "sell" rating in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Antero Resources has an average rating of "Moderate Buy" and a consensus price target 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.