Antero Resources Corporation $AR Shares Sold by Amundi

Amundi trimmed its holdings in shares of Antero Resources Corporation (NYSE:AR - Free Report) by 6.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,056,330 shares of the oil and natural gas company's stock after selling 76,395 shares during the quarter. Amundi owned approximately 0.34% of Antero Resources worth $40,975,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AR. Assenagon Asset Management S.A. grew its holdings in Antero Resources by 133.1% in the first quarter. Assenagon Asset Management S.A. now owns 3,743,957 shares of the oil and natural gas company's stock worth $151,406,000 after purchasing an additional 2,137,538 shares during the last quarter. Invesco Ltd. lifted its position in Antero Resources by 44.3% during the first quarter. Invesco Ltd. now owns 4,440,328 shares of the oil and natural gas company's stock valued at $179,567,000 after purchasing an additional 1,362,370 shares during the period. Bank of America Corp DE increased its holdings in Antero Resources by 145.1% in the fourth quarter. Bank of America Corp DE now owns 386,725 shares of the oil and natural gas company's stock valued at $13,555,000 after buying an additional 1,245,101 shares in the last quarter. Stephens Investment Management Group LLC purchased a new position in Antero Resources in the first quarter valued at $48,314,000. Finally, Adage Capital Partners GP L.L.C. increased its stake in shares of Antero Resources by 210.3% during the first quarter. Adage Capital Partners GP L.L.C. now owns 1,274,532 shares of the oil and natural gas company's stock worth $51,542,000 after purchasing an additional 863,836 shares in the last quarter. 83.04% of the stock is owned by hedge funds and other institutional investors.

Antero Resources Trading Up 1.7%

Shares of AR stock traded up $0.57 during trading hours on Friday, hitting $33.41. The company had a trading volume of 939,808 shares, compared to its average volume of 5,019,091. The company's fifty day moving average is $33.22 and its 200 day moving average is $36.23. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.30 and a quick ratio of 0.30. Antero Resources Corporation has a fifty-two week low of $25.36 and a fifty-two week high of $44.01. The stock has a market capitalization of $10.32 billion, a PE ratio of 21.28 and a beta of 0.63.

Antero Resources (NYSE:AR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The oil and natural gas company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.33). Antero Resources had a return on equity of 6.48% and a net margin of 10.13%.The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the prior year, the company posted ($0.21) earnings per share. The business's revenue was up 32.6% compared to the same quarter last year. Research analysts expect that Antero Resources Corporation will post 2.74 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Morgan Stanley upped their price target on shares of Antero Resources from $46.00 to $47.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Scotiabank restated an "outperform" rating on shares of Antero Resources in a research report on Wednesday, August 13th. Bank of America upped their price target on shares of Antero Resources from $44.00 to $47.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Barclays upped their price objective on shares of Antero Resources from $38.00 to $43.00 and gave the company an "equal weight" rating in a research note on Monday, July 7th. Finally, Roth Capital cut shares of Antero Resources from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $44.00 to $32.00 in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $44.06.

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.