OneDigital Investment Advisors LLC Invests $284,000 in Antero Resources Corporation (NYSE:AR)

OneDigital Investment Advisors LLC purchased a new stake in Antero Resources Corporation (NYSE:AR - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,020 shares of the oil and natural gas company's stock, valued at approximately $284,000.

Other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP grew its position in Antero Resources by 12.6% during the fourth 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 in the last quarter. Assenagon Asset Management S.A. grew its position in 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 buying an additional 2,137,538 shares in the last quarter. Castle Hook Partners LP purchased a new position in Antero Resources during the fourth quarter worth about $60,980,000. Dimensional Fund Advisors LP grew its position in 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 buying an additional 1,274,760 shares in the last quarter. Finally, Webs Creek Capital Management LP purchased a new position in 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 other Antero Resources 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 completion of the transaction, the insider owned 306,819 shares of the company's stock, valued at $12,229,805.34. This represents a 7.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director W Howard Keenan, Jr. sold 1,061,987 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $40.82, for a total value of $43,350,309.34. Following the transaction, the director directly owned 38,013 shares of the company's stock, valued at $1,551,690.66. The trade was a 96.54% 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.

Wall Street Analyst Weigh In

Several equities analysts recently commented on AR shares. Bank of America boosted their target price on Antero Resources from $44.00 to $47.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Scotiabank set a $53.00 price target on Antero Resources and gave the stock a "sector outperform" rating in a research note on Friday, July 11th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Antero Resources in a research note on Tuesday, May 13th. Mizuho raised Antero Resources from a "neutral" rating to an "outperform" rating and lifted their price target for the stock from $47.00 to $49.00 in a research note on Tuesday, May 13th. Finally, Wells Fargo & Company set a $39.00 price target on Antero Resources and gave the stock an "equal weight" rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $44.12.

Antero Resources Trading Down 0.2%

Shares of NYSE AR traded down $0.09 during midday trading on Wednesday, reaching $36.23. The company had a trading volume of 4,519,801 shares, compared to its average volume of 4,421,197. Antero Resources Corporation has a one year low of $24.53 and a one year high of $44.02. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.17. The firm's fifty day moving average price is $39.20 and its 200-day moving average price is $37.92. The stock has a market cap of $11.25 billion, a PE ratio of 42.13 and a beta of 0.68.

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. On average, equities research analysts anticipate that Antero Resources Corporation will post 2.74 earnings per share for the current year.

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.