Antero Resources Co. (NYSE:AR) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Antero Resources Co. (NYSE:AR - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 547,243 shares of the oil and natural gas company's stock after acquiring an additional 25,536 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.18% of Antero Resources worth $19,181,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Voloridge Investment Management LLC acquired a new position in Antero Resources in the fourth quarter valued at about $4,166,000. Vident Advisory LLC lifted its position in Antero Resources by 4.3% in the fourth quarter. Vident Advisory LLC now owns 33,388 shares of the oil and natural gas company's stock valued at $1,170,000 after buying an additional 1,385 shares during the last quarter. Sourcerock Group LLC lifted its position in Antero Resources by 3.8% in the fourth quarter. Sourcerock Group LLC now owns 6,355,724 shares of the oil and natural gas company's stock valued at $222,768,000 after buying an additional 231,068 shares during the last quarter. Two Sigma Advisers LP acquired a new position in Antero Resources in the fourth quarter valued at about $8,766,000. Finally, Two Sigma Investments LP lifted its position in Antero Resources by 1,071.6% in the fourth quarter. Two Sigma Investments LP now owns 409,515 shares of the oil and natural gas company's stock valued at $14,354,000 after buying an additional 374,561 shares during the last quarter. Institutional investors and hedge funds own 83.04% of the company's stock.

Analyst Upgrades and Downgrades

AR has been the topic of a number of recent analyst reports. TD Cowen raised shares of Antero Resources from a "hold" rating to a "buy" rating and upped their target price for the company from $40.00 to $46.00 in a research report on Tuesday, April 8th. Mizuho raised shares of Antero Resources from a "neutral" rating to an "outperform" rating and upped their target price for the company from $47.00 to $49.00 in a research report on Tuesday, May 13th. Wells Fargo & Company upped their target price 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. UBS Group upped their target price on shares of Antero Resources from $41.00 to $43.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Finally, Bank of America boosted their price target on shares of Antero Resources from $44.00 to $47.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Antero Resources currently has an average rating of "Moderate Buy" and a consensus price target of $43.33.

Insider Activity at Antero Resources

In other news, insider Yvette K. Schultz sold 25,200 shares of the stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $39.86, for a total value of $1,004,472.00. Following the completion of the sale, the insider now directly owns 306,819 shares of the company's stock, valued at approximately $12,229,805.34. This represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director W Howard Keenan, Jr. sold 1,061,987 shares of the 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 completion of the sale, the director now directly owns 38,013 shares of the company's stock, valued at $1,551,690.66. The trade was a 96.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,125,200 shares of company stock valued at $45,887,466 over the last three months. 6.70% of the stock is owned by corporate insiders.

Antero Resources Stock Down 3.6%

Shares of AR stock traded down $1.40 during trading hours on Friday, reaching $37.44. 6,576,863 shares of the stock were exchanged, compared to its average volume of 4,199,649. The business's fifty day moving average is $36.82 and its two-hundred day moving average is $36.30. 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 Co. has a 12-month low of $24.53 and a 12-month high of $42.63. The firm has a market capitalization of $11.63 billion, a P/E ratio of 117.00 and a beta of 0.66.

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

Antero Resources 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.