11,026 Shares in Antero Resources Co. (NYSE:AR) Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP acquired a new stake in shares of Antero Resources Co. (NYSE:AR - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 11,026 shares of the oil and natural gas company's stock, valued at approximately $386,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Nokomis Capital L.L.C. grew its position in shares of Antero Resources by 33.8% in the 4th quarter. Nokomis Capital L.L.C. now owns 166,900 shares of the oil and natural gas company's stock worth $5,850,000 after buying an additional 42,145 shares during the period. Lighthouse Investment Partners LLC purchased a new stake in shares of Antero Resources in the 4th quarter worth about $2,103,000. Lloyd Harbor Capital Management LLC purchased a new stake in shares of Antero Resources in the 4th quarter worth about $7,711,000. Janus Henderson Group PLC grew its position in shares of Antero Resources by 19.4% in the 4th quarter. Janus Henderson Group PLC now owns 378,376 shares of the oil and natural gas company's stock worth $13,257,000 after buying an additional 61,459 shares during the period. Finally, Goodlander Investment Management LLC purchased a new stake in shares of Antero Resources in the 4th quarter worth about $14,020,000. 83.04% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Antero Resources news, Director W Howard Keenan, Jr. sold 1,061,987 shares of Antero Resources stock in a transaction 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 completion of the transaction, the director now directly owns 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Yvette K. Schultz sold 25,200 shares of Antero Resources stock in a transaction 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 now directly owns 306,819 shares of the company's stock, valued at $12,229,805.34. The trade was a 7.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,125,200 shares of company stock worth $45,887,466 in the last three months. Company insiders own 6.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Wall Street Zen raised shares of Antero Resources to a "sell" rating in a research report on Thursday, February 13th. Williams Trading set a $48.00 target price on shares of Antero Resources in a research report on Wednesday, March 5th. Barclays increased their price objective on shares of Antero Resources from $36.00 to $38.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Mizuho raised shares of Antero Resources from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $47.00 to $49.00 in a research report on Tuesday, May 13th. Finally, Wells Fargo & Company increased their price objective on shares of Antero Resources from $40.00 to $42.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 19th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Antero Resources currently has an average rating of "Moderate Buy" and an average price target of $43.33.

Antero Resources Stock Performance

Shares of NYSE:AR traded up $0.13 during trading on Thursday, hitting $39.10. The company's stock had a trading volume of 1,847,910 shares, compared to its average volume of 4,177,993. The company has a 50-day moving average of $36.95 and a 200-day moving average of $36.21. Antero Resources Co. has a 12 month low of $24.53 and a 12 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 market cap of $12.14 billion, a price-to-earnings ratio of 122.13 and a beta of 0.66.

Antero Resources (NYSE:AR - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The oil and natural gas company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.10. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. The firm had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same quarter in the prior year, the business earned $0.12 EPS. The business's quarterly revenue was up 20.5% on a year-over-year basis. On average, sell-side analysts expect that Antero Resources Co. will post 2.74 earnings per share for the current year.

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.