9,479 Shares in Antero Resources Corporation (NYSE:AR) Bought by D.A. Davidson & CO.

D.A. Davidson & CO. acquired a new position in shares of Antero Resources Corporation (NYSE:AR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,479 shares of the oil and natural gas company's stock, valued at approximately $383,000.

A number of other large investors have also added to or reduced their stakes in AR. Wellington Management Group LLP lifted its position in shares of 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 buying an additional 2,201,429 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Antero Resources by 133.1% during 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 acquiring an additional 2,137,538 shares during the last quarter. Castle Hook Partners LP bought a new position in shares of Antero Resources during the fourth quarter worth about $60,980,000. Dimensional Fund Advisors LP raised its position in shares of Antero Resources by 12.1% during the fourth 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 acquiring an additional 1,274,760 shares during the last quarter. Finally, Webs Creek Capital Management LP bought a new position in shares of Antero Resources during the fourth quarter worth about $44,525,000. Institutional investors own 83.04% of the company's stock.

Insider Buying and Selling

In related news, Director W Howard Keenan, Jr. sold 1,061,987 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $40.82, for a total transaction of $43,350,309.34. Following the completion of the transaction, the director owned 38,013 shares of the company's stock, valued at $1,551,690.66. This trade represents a 96.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Yvette K. Schultz sold 25,200 shares of the firm's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $39.86, for a total value of $1,004,472.00. Following the transaction, the insider directly owned 306,819 shares of the company's stock, valued at approximately $12,229,805.34. This trade represents a 7.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,125,200 shares of company stock valued at $45,887,466 in the last ninety days. 6.70% of the stock is currently owned by corporate insiders.

Antero Resources Trading Down 2.2%

AR stock traded down $0.80 during trading on Tuesday, hitting $36.36. 5,715,172 shares of the company traded hands, compared to its average volume of 4,422,248. The company has a 50-day moving average of $39.15 and a 200-day moving average of $37.90. The firm has a market capitalization of $11.29 billion, a PE ratio of 42.28 and a beta of 0.68. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.39 and a current ratio of 0.39. Antero Resources Corporation has a 1 year low of $24.53 and a 1 year high of $44.02.

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, beating analysts' consensus estimates of $0.68 by $0.10. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.28 billion. Antero Resources had a return on equity of 4.01% and a net margin of 5.96%. Antero Resources's quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.12 EPS. Analysts predict that Antero Resources Corporation will post 2.74 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AR has been the subject of several recent analyst reports. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Antero Resources in a research note on Tuesday, May 13th. UBS Group lifted their price target on Antero Resources from $41.00 to $43.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Wells Fargo & Company set a $39.00 price target on Antero Resources and gave the stock an "equal weight" rating in a report on Tuesday. TD Cowen upgraded Antero Resources from a "hold" rating to a "buy" rating and boosted their target price for the company from $40.00 to $46.00 in a research note on Tuesday, April 8th. Finally, Morgan Stanley restated an "overweight" rating and issued a $58.00 target price on shares of Antero Resources in a research note on Wednesday, March 26th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $44.12.

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.