Hood River Capital Management LLC Boosts Stock Holdings in Antero Resources Co. (NYSE:AR)

Hood River Capital Management LLC raised its position in shares of Antero Resources Co. (NYSE:AR - Free Report) by 31.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 314,601 shares of the oil and natural gas company's stock after purchasing an additional 74,667 shares during the quarter. Hood River Capital Management LLC owned approximately 0.10% of Antero Resources worth $11,027,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AR. Oregon Public Employees Retirement Fund grew its holdings in shares of Antero Resources by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 59,482 shares of the oil and natural gas company's stock valued at $2,085,000 after buying an additional 300 shares during the last quarter. Net Worth Advisory Group increased its position in shares of Antero Resources by 2.2% during the fourth quarter. Net Worth Advisory Group now owns 16,597 shares of the oil and natural gas company's stock worth $582,000 after acquiring an additional 354 shares in the last quarter. Caprock Group LLC increased its position in shares of Antero Resources by 0.6% during the fourth quarter. Caprock Group LLC now owns 58,401 shares of the oil and natural gas company's stock worth $2,047,000 after acquiring an additional 374 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of Antero Resources by 7.8% during the fourth quarter. Global Retirement Partners LLC now owns 5,323 shares of the oil and natural gas company's stock worth $187,000 after acquiring an additional 386 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Antero Resources by 15.8% during the fourth quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company's stock worth $107,000 after acquiring an additional 418 shares in the last quarter. Institutional investors and hedge funds own 83.04% of the company's stock.

Antero Resources Stock Performance

AR traded up $0.08 on Tuesday, hitting $36.01. The company's stock had a trading volume of 2,263,262 shares, compared to its average volume of 4,126,886. Antero Resources Co. has a 12 month low of $24.53 and a 12 month high of $42.63. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.21. The firm has a market cap of $11.21 billion, a P/E ratio of 112.44 and a beta of 3.08. The company's 50 day simple moving average is $36.54 and its 200-day simple moving average is $34.66.

Antero Resources (NYSE:AR - Get Free Report) last posted its earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.14. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. Analysts forecast that Antero Resources Co. will post 2.74 EPS for the current year.

Analysts Set New Price Targets

AR has been the subject of several recent research reports. StockNews.com raised shares of Antero Resources to a "sell" rating in a research report on Thursday, February 13th. Benchmark reaffirmed a "hold" rating on shares of Antero Resources in a research report on Friday, January 17th. UBS Group upped their price objective on shares of Antero Resources from $39.00 to $44.00 and gave the stock a "neutral" rating in a research report on Thursday, February 13th. Williams Trading set a $48.00 price objective on shares of Antero Resources in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Antero Resources from $45.00 to $47.00 and gave the stock an "overweight" rating in a research report on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Antero Resources has an average rating of "Moderate Buy" and an average target price of $42.44.

Insiders Place Their Bets

In other news, Director W Howard Keenan, Jr. sold 200,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the sale, the director now owns 1,800,000 shares in the company, valued at approximately $71,568,000. This trade represents a 10.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate 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.