Natixis Advisors LLC Sells 57,527 Shares of Antero Resources Corporation $AR

Key Points

• Natixis Advisors LLC trimmed its stake in Antero Resources by 12.4% in Q3, selling 57,527 shares and now owns 407,800 shares valued at $13.686 million (about 0.13% of the company).
• Several institutions increased exposure—most notably Dimensional Fund Advisors, which added 1.922 million shares to hold 7.97 million shares (≈$267.5M); overall institutional ownership is 83.04%.
• Antero beat quarterly expectations with $0.62 EPS (vs. $0.49 est.) and $1.41B revenue, trades at a $12.47B market cap with an average analyst target of $45.87 and a consensus rating of "Moderate Buy."

Natixis Advisors LLC trimmed its stake in Antero Resources Corporation (NYSE:AR - Free Report) by 12.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 407,800 shares of the oil and natural gas company's stock after selling 57,527 shares during the period. Natixis Advisors LLC owned 0.13% of Antero Resources worth $13,686,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. First Trust Advisors LP grew its holdings in Antero Resources by 25.3% during the third quarter. First Trust Advisors LP now owns 752,568 shares of the oil and natural gas company's stock valued at $25,256,000 after purchasing an additional 152,169 shares during the last quarter. HUB Investment Partners LLC bought a new stake in shares of Antero Resources during the 3rd quarter worth $287,000. Orion Porfolio Solutions LLC boosted its holdings in shares of Antero Resources by 213.8% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 42,547 shares of the oil and natural gas company's stock worth $1,428,000 after buying an additional 28,987 shares during the period. GW&K Investment Management LLC grew its stake in Antero Resources by 38.5% in the 3rd quarter. GW&K Investment Management LLC now owns 1,034,451 shares of the oil and natural gas company's stock valued at $34,716,000 after buying an additional 287,353 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Antero Resources by 31.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 7,970,390 shares of the oil and natural gas company's stock worth $267,485,000 after acquiring an additional 1,922,977 shares during the period. Institutional investors own 83.04% of the company's stock.

Antero Resources Stock Up 1.9%

Shares of AR opened at $40.43 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average price of $34.70 and a two-hundred day moving average price of $33.91. The stock has a market cap of $12.47 billion, a price-to-earnings ratio of 20.02 and a beta of 0.52. Antero Resources Corporation has a 12 month low of $29.10 and a 12 month high of $44.01.

Antero Resources (NYSE:AR - Get Free Report) last issued its earnings results on Wednesday, February 11th. The oil and natural gas company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.13. The business had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.33 billion. Antero Resources had a return on equity of 6.71% and a net margin of 12.02%.Antero Resources's quarterly revenue was up 20.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.48 EPS. Equities analysts predict that Antero Resources Corporation will post 2.74 EPS for the current fiscal year.

Insiders Place Their Bets

In other Antero Resources news, insider Yvette K. Schultz sold 15,000 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $39.33, for a total transaction of $589,950.00. Following the completion of the transaction, the insider directly owned 319,122 shares in the company, valued at $12,551,068.26. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AR shares. Wall Street Zen cut Antero Resources from a "hold" rating to a "sell" rating in a research report on Friday, November 28th. Mizuho set a $47.00 price target on Antero Resources in a report on Friday, December 12th. Tudor Pickering raised Antero Resources from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, December 2nd. Barclays dropped their target price on shares of Antero Resources from $46.00 to $41.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 21st. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Antero Resources in a report on Monday, December 29th. Four research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $45.87.

Antero Resources Profile

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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