UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $19.18 Million Position in Antero Resources Co. (NYSE:AR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Antero Resources Co. (NYSE:AR - Free Report) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 547,243 shares of the oil and natural gas company's stock after buying an additional 25,536 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.18% of Antero Resources worth $19,181,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in AR. Janney Montgomery Scott LLC raised its position in Antero Resources by 83.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 26,467 shares of the oil and natural gas company's stock valued at $928,000 after buying an additional 12,062 shares during the last quarter. Slate Path Capital LP bought a new position in shares of Antero Resources during the 4th quarter worth approximately $35,471,000. Wealthfront Advisers LLC acquired a new stake in shares of Antero Resources in the fourth quarter valued at approximately $556,000. Allspring Global Investments Holdings LLC lifted its position in shares of Antero Resources by 1,423.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,544 shares of the oil and natural gas company's stock worth $304,000 after purchasing an additional 7,983 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in Antero Resources by 7.3% during the fourth quarter. Sei Investments Co. now owns 178,183 shares of the oil and natural gas company's stock worth $6,246,000 after purchasing an additional 12,156 shares during the last quarter. Institutional investors and hedge funds own 83.04% of the company's stock.

Antero Resources Stock Performance

AR stock traded up $1.16 during midday trading on Monday, reaching $38.61. 4,664,214 shares of the company were exchanged, compared to its average volume of 4,203,321. The firm has a market capitalization of $11.99 billion, a price-to-earnings ratio of 120.65 and a beta of 0.66. The business has a 50-day moving average price of $36.77 and a two-hundred day moving average price of $36.44. Antero Resources Co. has a one year low of $24.53 and a one year 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.

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 EPS 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 business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the firm posted $0.12 EPS. Antero Resources's revenue was up 20.5% compared to the same quarter last year. Equities research analysts forecast that Antero Resources Co. will post 2.74 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on AR shares. Mizuho raised shares of Antero Resources from a "neutral" rating to an "outperform" rating and raised their target price for the company from $47.00 to $49.00 in a research report on Tuesday, May 13th. Barclays raised their price objective on Antero Resources from $36.00 to $38.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. JPMorgan Chase & Co. upped their target price on Antero Resources from $45.00 to $47.00 and gave the stock an "overweight" rating in a report on Thursday, March 13th. Williams Trading set a $48.00 price target on Antero Resources in a research report on Wednesday, March 5th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $58.00 price target on shares of Antero Resources in a research report on Wednesday, March 26th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $43.33.

Insiders Place Their Bets

In related news, Director W Howard Keenan, Jr. sold 1,061,987 shares of the company's stock in a transaction dated 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 now directly owns 38,013 shares in the company, valued at approximately $1,551,690.66. This represents a 96.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Yvette K. Schultz sold 25,200 shares of the firm's stock in a transaction dated 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 transaction, the insider now directly owns 306,819 shares in the company, valued at approximately $12,229,805.34. This represents a 7.59% 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 worth $45,887,466 over the last three months. Insiders own 6.70% of the company's stock.

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.