Jefferies Financial Group Inc. Has $44.25 Million Holdings in Antero Resources Co. (NYSE:AR)

Jefferies Financial Group Inc. cut its stake in Antero Resources Co. (NYSE:AR - Free Report) by 17.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,262,605 shares of the oil and natural gas company's stock after selling 268,648 shares during the period. Jefferies Financial Group Inc. owned approximately 0.41% of Antero Resources worth $44,254,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Pinnacle Bancorp Inc. acquired a new position in Antero Resources during the fourth quarter valued at approximately $28,000. Spire Wealth Management purchased a new stake in shares of Antero Resources during the fourth quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB raised its stake in shares of Antero Resources by 205.2% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company's stock valued at $48,000 after purchasing an additional 913 shares during the period. UMB Bank n.a. raised its stake in shares of Antero Resources by 59.6% during the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company's stock valued at $49,000 after purchasing an additional 523 shares during the period. Finally, Transcendent Capital Group LLC purchased a new stake in shares of Antero Resources during the fourth quarter valued at approximately $56,000. 83.04% of the stock is owned by institutional investors and hedge funds.

Antero Resources Stock Performance

Antero Resources stock traded down $0.64 during mid-day trading on Wednesday, reaching $40.40. The company's stock had a trading volume of 4,081,497 shares, compared to its average volume of 4,179,093. The firm has a market cap of $12.55 billion, a price-to-earnings ratio of 126.25 and a beta of 0.66. The business has a 50 day moving average price of $36.68 and a 200-day moving average price of $35.38. 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 Co. has a twelve month low of $24.53 and a twelve month high of $42.63.

Antero Resources (NYSE:AR - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The oil and natural gas company reported $0.78 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 firm 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 company posted $0.12 earnings per share. The firm's revenue was up 20.5% on a year-over-year basis. Sell-side analysts predict that Antero Resources Co. will post 2.74 EPS for the current fiscal year.

Insider Activity

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total value of $7,952,000.00. Following the sale, the director now directly owns 1,800,000 shares in the company, valued at approximately $71,568,000. The trade was a 10.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.70% of the company's stock.

Analyst Ratings Changes

AR has been the topic of a number of analyst reports. Williams Trading set a $48.00 price objective on shares of Antero Resources in a research note on Wednesday, March 5th. StockNews.com upgraded shares of Antero Resources to a "sell" rating in a research note on Thursday, February 13th. The Goldman Sachs Group lifted 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. JPMorgan Chase & Co. lifted their price objective on shares of Antero Resources from $45.00 to $47.00 and gave the company an "overweight" rating in a research note on Thursday, March 13th. Finally, Raymond James reiterated a "strong-buy" rating on shares of Antero Resources in a research note on Tuesday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $42.72.

Antero Resources Company 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.