Antero Resources Co. (NYSE:AR) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its stake in Antero Resources Co. (NYSE:AR - Free Report) by 19.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 378,376 shares of the oil and natural gas company's stock after acquiring an additional 61,459 shares during the period. Janus Henderson Group PLC owned 0.12% of Antero Resources worth $13,257,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of AR. Raymond James Financial Inc. purchased a new position in shares of Antero Resources in the fourth quarter worth about $140,020,000. Wellington Management Group LLP raised its holdings in Antero Resources by 12.6% during the 4th quarter. Wellington Management Group LLP now owns 19,661,491 shares of the oil and natural gas company's stock valued at $689,135,000 after acquiring an additional 2,201,429 shares during the period. Castle Hook Partners LP purchased a new stake in shares of Antero Resources during the fourth quarter worth $60,980,000. Dimensional Fund Advisors LP boosted its holdings in shares of Antero Resources by 12.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,829,263 shares of the oil and natural gas company's stock worth $414,628,000 after acquiring an additional 1,274,760 shares during the period. Finally, Webs Creek Capital Management LP purchased a new position in shares of Antero Resources in the fourth quarter valued at $44,525,000. 83.04% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director W Howard Keenan, Jr. sold 38,013 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $40.32, for a total value of $1,532,684.16. Following the transaction, the director now owns 364,992 shares of the company's stock, valued at $14,716,477.44. This represents a 9.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Yvette K. Schultz sold 25,200 shares of the business's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $39.86, for a total transaction of $1,004,472.00. Following the completion of the sale, the insider now owns 306,819 shares of the company's stock, valued at approximately $12,229,805.34. This represents a 7.59% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,125,200 shares of company stock worth $45,887,466. Insiders own 6.70% of the company's stock.

Antero Resources Price Performance

AR traded up $0.30 during trading on Tuesday, hitting $39.72. 3,196,697 shares of the company traded hands, compared to its average volume of 4,187,346. The stock's 50-day simple moving average is $36.94 and its two-hundred day simple moving average is $35.77. Antero Resources Co. has a 1 year low of $24.53 and a 1 year high of $42.63. The company has a market cap of $12.33 billion, a PE ratio of 124.13 and a beta of 0.66. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.21.

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 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.10. Antero Resources had a return on equity of 0.74% and a net margin of 2.31%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the company earned $0.12 earnings per share. The firm's revenue was up 20.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Antero Resources Co. will post 2.74 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AR has been the topic of several analyst reports. UBS Group upped their price target on Antero Resources from $41.00 to $43.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Wells Fargo & Company increased their target price on shares of Antero Resources from $40.00 to $42.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 19th. JPMorgan Chase & Co. increased their price objective on Antero Resources from $45.00 to $47.00 and gave the stock an "overweight" rating in a research report on Thursday, March 13th. Williams Trading set a $48.00 price target on shares of Antero Resources in a research note on Wednesday, March 5th. Finally, The Goldman Sachs Group upped their price objective on shares of Antero Resources from $39.00 to $44.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $42.72.

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.