Two Sigma Advisers LP Makes New Investment in Antero Resources Co. (NYSE:AR)

Two Sigma Advisers LP acquired a new stake in Antero Resources Co. (NYSE:AR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 250,100 shares of the oil and natural gas company's stock, valued at approximately $8,766,000. Two Sigma Advisers LP owned about 0.08% of Antero Resources at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AR. Spire Wealth Management acquired a new position in Antero Resources during the 4th quarter worth $31,000. Wilmington Savings Fund Society FSB lifted its position in Antero Resources by 205.2% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company's stock worth $48,000 after acquiring an additional 913 shares during the last quarter. UMB Bank n.a. lifted its position in Antero Resources by 59.6% during the 4th 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 during the last quarter. Transcendent Capital Group LLC acquired a new position in Antero Resources during the 4th quarter worth $56,000. Finally, Altshuler Shaham Ltd acquired a new position in Antero Resources during the 4th quarter worth $70,000. Institutional investors and hedge funds own 83.04% of the company's stock.

Antero Resources Price Performance

Shares of AR stock traded up $0.08 during trading hours on Thursday, reaching $39.05. 963,482 shares of the company were exchanged, compared to its average volume of 4,174,443. Antero Resources Co. has a fifty-two week low of $24.53 and a fifty-two week high of $42.63. The stock's fifty day moving average is $36.95 and its two-hundred day moving average is $36.21. The company has a market cap of $12.13 billion, a price-to-earnings ratio of 121.88 and a beta of 0.66. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.35 and a quick ratio of 0.35.

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

Analyst Ratings Changes

A number of research firms have weighed in on AR. Williams Trading set a $48.00 target price on shares of Antero Resources in a research report on Wednesday, March 5th. Bank of America boosted their price objective on shares of Antero Resources from $44.00 to $47.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. Raymond James restated a "strong-buy" rating on shares of Antero Resources in a report on Tuesday, May 13th. Wells Fargo & Company boosted their price objective on shares of Antero Resources from $40.00 to $42.00 and gave the stock an "equal weight" rating in a report on Wednesday, March 19th. Finally, UBS Group boosted their price objective on shares of Antero Resources from $41.00 to $43.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Antero Resources presently has a consensus rating of "Moderate Buy" and a consensus target price of $43.33.

Insider Activity at Antero Resources

In other Antero Resources news, insider Yvette K. Schultz sold 25,200 shares of the stock in a transaction on Friday, May 16th. The shares were sold at an average price of $39.86, for a total value of $1,004,472.00. Following the sale, the insider now directly owns 306,819 shares in the company, valued at approximately $12,229,805.34. This trade represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director W Howard Keenan, Jr. sold 38,013 shares of the stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $40.32, for a total transaction 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 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 over the last ninety days. Company insiders own 6.70% of the company's stock.

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.