Ensign Peak Advisors Inc Buys 10,335 Shares of Antero Resources Co. (NYSE:AR)

Ensign Peak Advisors Inc raised its position in Antero Resources Co. (NYSE:AR - Free Report) by 10.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 109,186 shares of the oil and natural gas company's stock after purchasing an additional 10,335 shares during the quarter. Ensign Peak Advisors Inc's holdings in Antero Resources were worth $3,827,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Pinnacle Bancorp Inc. acquired a new stake in shares of Antero Resources in the fourth quarter valued at $28,000. Spire Wealth Management bought a new position in shares of Antero Resources during the 4th quarter valued at about $31,000. Wilmington Savings Fund Society FSB grew its stake in shares of Antero Resources by 205.2% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company's stock worth $48,000 after purchasing an additional 913 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Antero Resources by 59.6% in the 4th quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company's stock worth $49,000 after purchasing an additional 523 shares during the last quarter. Finally, Transcendent Capital Group LLC bought a new stake in shares of Antero Resources in the 4th quarter worth approximately $56,000. Institutional investors own 83.04% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AR. StockNews.com upgraded Antero Resources to a "sell" rating in a research report on Thursday, February 13th. Wells Fargo & Company raised their target price on shares of Antero Resources from $40.00 to $42.00 and gave the stock an "equal weight" rating in a report on Wednesday, March 19th. Barclays lifted their target price on shares of Antero Resources from $36.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. TD Cowen upgraded shares of Antero Resources from a "hold" rating to a "buy" rating and upped their price target for the company from $40.00 to $46.00 in a research report on Tuesday, April 8th. Finally, The Goldman Sachs Group lifted their price objective on shares of Antero Resources from $39.00 to $44.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Antero Resources has a consensus rating of "Moderate Buy" and an average target price of $42.72.

Insider Buying and Selling at Antero Resources

In other news, insider Yvette K. Schultz sold 25,200 shares of the stock in a transaction on Friday, May 16th. The shares were sold at an average price of $39.86, for a total transaction of $1,004,472.00. Following the transaction, the insider now owns 306,819 shares in the company, valued at $12,229,805.34. This represents a 7.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director W Howard Keenan, Jr. sold 38,013 shares of Antero Resources stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $40.32, for a total transaction of $1,532,684.16. Following the completion of the sale, the director now directly owns 364,992 shares of the company's stock, valued at approximately $14,716,477.44. The trade was a 9.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,125,200 shares of company stock worth $45,887,466 over the last ninety days. 6.70% of the stock is currently owned by insiders.

Antero Resources Stock Up 0.6%

NYSE AR traded up $0.23 on Tuesday, reaching $39.65. The stock had a trading volume of 356,724 shares, compared to its average volume of 4,176,365. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.21. Antero Resources Co. has a 1 year low of $24.53 and a 1 year high of $42.63. The business has a 50 day moving average price of $36.94 and a 200 day moving average price of $35.77. The company has a market capitalization of $12.31 billion, a price-to-earnings ratio of 123.66 and a beta of 0.66.

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

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.