GTS Securities LLC Has $1.26 Million Stock Holdings in Antero Resources Co. (NYSE:AR)

GTS Securities LLC trimmed its position in Antero Resources Co. (NYSE:AR - Free Report) by 64.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,798 shares of the oil and natural gas company's stock after selling 66,259 shares during the quarter. GTS Securities LLC's holdings in Antero Resources were worth $1,255,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. HB Wealth Management LLC acquired a new position in Antero Resources during the fourth quarter worth $203,000. UMB Bank n.a. raised its stake in Antero Resources by 59.6% during the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company's stock worth $49,000 after acquiring an additional 523 shares in the last quarter. Ballentine Partners LLC acquired a new position in Antero Resources during the fourth quarter worth $205,000. Atomi Financial Group Inc. raised its stake in Antero Resources by 6.4% during the fourth quarter. Atomi Financial Group Inc. now owns 9,261 shares of the oil and natural gas company's stock worth $325,000 after acquiring an additional 559 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Antero Resources by 83.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 26,467 shares of the oil and natural gas company's stock worth $928,000 after acquiring an additional 12,062 shares in the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Antero Resources Stock Down 3.0%

NYSE:AR traded down $1.15 during trading hours on Friday, reaching $37.69. 2,869,961 shares of the stock were exchanged, compared to its average volume of 4,186,810. Antero Resources Co. has a twelve month low of $24.53 and a twelve month high of $42.63. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.35 and a quick ratio of 0.35. The firm has a 50 day moving average of $36.90 and a 200 day moving average of $36.26. The stock has a market cap of $11.70 billion, a PE ratio of 117.33 and a beta of 0.66.

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 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.10. Antero Resources had a return on equity of 0.74% and a net margin of 2.31%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the prior year, the firm posted $0.12 EPS. The business's revenue was up 20.5% on a year-over-year basis. On average, equities analysts expect that Antero Resources Co. will post 2.74 earnings per share for the current year.

Insider Transactions at Antero Resources

In other news, insider Yvette K. Schultz sold 25,200 shares of the company's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $39.86, for a total transaction of $1,004,472.00. Following the sale, 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 is available at this link. Also, Director W Howard Keenan, Jr. sold 38,013 shares of the stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $40.32, for a total value of $1,532,684.16. Following the completion of the sale, the director now owns 364,992 shares in the company, valued at approximately $14,716,477.44. This trade represents a 9.43% 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 worth $45,887,466 in the last 90 days. Corporate insiders own 6.70% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on AR shares. Mizuho upgraded Antero Resources from a "neutral" rating to an "outperform" rating and raised their target price for the company from $47.00 to $49.00 in a research note on Tuesday, May 13th. JPMorgan Chase & Co. raised their target price on Antero Resources from $45.00 to $47.00 and gave the company an "overweight" rating in a research note on Thursday, March 13th. TD Cowen upgraded Antero Resources from a "hold" rating to a "buy" rating and raised their target price for the company from $40.00 to $46.00 in a research note on Tuesday, April 8th. UBS Group raised their target price on Antero Resources from $41.00 to $43.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Finally, Wall Street Zen upgraded Antero Resources to a "sell" rating in a research note on Thursday, February 13th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $43.33.

Antero Resources Company 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.