De Lisle Partners LLP Purchases New Position in Antero Resources Corporation $AR

Key Points

• De Lisle Partners LLP purchased 60,000 shares of Antero Resources in the second quarter, valued at approximately $2.1 million. Institutional investors collectively own 83.04% of the company.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $48.31, although individual targets range from $41 to $57.
• Antero Resources shares opened at $38.04, giving the company a market capitalization of about $11.7 billion; the stock remains below its one-year high of $45.75.

De Lisle Partners LLP purchased a new stake in shares of Antero Resources Corporation (NYSE:AR - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 60,000 shares of the oil and natural gas company's stock, valued at approximately $2,109,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. NewEdge Advisors LLC raised its holdings in shares of Antero Resources by 16,498.3% during the first quarter. NewEdge Advisors LLC now owns 9,627 shares of the oil and natural gas company's stock valued at $389,000 after acquiring an additional 9,569 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Antero Resources by 7.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 590,555 shares of the oil and natural gas company's stock valued at $23,882,000 after acquiring an additional 43,312 shares in the last quarter. Focus Partners Wealth increased its position in Antero Resources by 18.9% during the 1st quarter. Focus Partners Wealth now owns 19,921 shares of the oil and natural gas company's stock valued at $806,000 after purchasing an additional 3,169 shares during the period. EverSource Wealth Advisors LLC increased its position in Antero Resources by 701.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,989 shares of the oil and natural gas company's stock valued at $120,000 after purchasing an additional 2,616 shares during the period. Finally, Daiwa Securities Group Inc. raised its holdings in Antero Resources by 22.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 36,500 shares of the oil and natural gas company's stock worth $1,470,000 after purchasing an additional 6,700 shares in the last quarter. Hedge funds and other institutional investors own 83.04% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of Antero Resources from $49.00 to $45.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 8th. Mizuho increased their price target on shares of Antero Resources from $54.00 to $57.00 and gave the stock an "outperform" rating in a research note on Thursday, June 25th. UBS Group raised their price objective on shares of Antero Resources from $50.00 to $52.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Benchmark upped their target price on Antero Resources from $44.00 to $47.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Finally, The Goldman Sachs Group decreased their target price on Antero Resources from $46.00 to $41.00 and set a "buy" rating for the company in a research report on Tuesday, June 30th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $48.31.

Antero Resources Stock Up 1.0%

NYSE:AR opened at $38.04 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.40 and a quick ratio of 0.40. The firm's 50-day moving average price is $35.08 and its 200-day moving average price is $36.71. The company has a market capitalization of $11.70 billion, a PE ratio of 10.93 and a beta of 0.34. Antero Resources Corporation has a 1-year low of $29.10 and a 1-year high of $45.75.

About Antero Resources

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company's operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero's portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.

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