Long Focus Capital Management LLC Trims Stake in Antero Resources Co. (NYSE:AR)

Long Focus Capital Management LLC lessened its holdings in Antero Resources Co. (NYSE:AR - Free Report) by 15.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,353,000 shares of the oil and natural gas company's stock after selling 250,000 shares during the period. Antero Resources comprises 1.5% of Long Focus Capital Management LLC's holdings, making the stock its 12th biggest holding. Long Focus Capital Management LLC owned approximately 0.43% of Antero Resources worth $47,423,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wells Fargo & Company upped their target price on Antero Resources from $40.00 to $42.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 19th. Raymond James raised their price target on shares of Antero Resources from $44.00 to $60.00 and gave the stock a "strong-buy" rating in a report on Thursday, January 23rd. Benchmark reissued a "hold" rating on shares of Antero Resources in a research report on Friday, January 17th. JPMorgan Chase & Co. boosted their target price on Antero Resources from $45.00 to $47.00 and gave the company an "overweight" rating in a research report on Thursday, March 13th. Finally, Truist Financial increased their price target on Antero Resources from $28.00 to $38.00 and gave the stock a "hold" rating in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Antero Resources has a consensus rating of "Moderate Buy" and an average target price of $42.44.

Insider Transactions at Antero Resources

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the completion of 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 Securities & Exchange Commission, which is available through this link. Company insiders own 6.70% of the company's stock.

Antero Resources Stock Up 0.9 %

AR stock traded up $0.33 during trading on Monday, reaching $35.66. The stock had a trading volume of 1,132,048 shares, compared to its average volume of 4,120,228. Antero Resources Co. has a one year low of $24.53 and a one year high of $42.63. The company's 50 day moving average is $36.63 and its two-hundred day moving average is $34.61. 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 capitalization of $11.10 billion, a price-to-earnings ratio of 111.03 and a beta of 3.08.

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

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.