Lighthouse Investment Partners LLC Acquires Shares of 60,000 Antero Resources Co. (NYSE:AR)

Lighthouse Investment Partners LLC acquired a new stake in Antero Resources Co. (NYSE:AR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 60,000 shares of the oil and natural gas company's stock, valued at approximately $2,103,000.

Several other large investors have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. purchased a new stake in Antero Resources during the fourth quarter worth $28,000. Spire Wealth Management acquired a new position in Antero Resources during the fourth quarter worth $31,000. Wilmington Savings Fund Society FSB lifted its holdings in 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 in the last quarter. UMB Bank n.a. grew its position in shares of Antero Resources by 59.6% in 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 acquired a new stake in shares of Antero Resources in the fourth quarter valued at about $56,000. Hedge funds and other institutional investors own 83.04% of the company's stock.

Antero Resources Trading Down 0.4%

Shares of NYSE AR traded down $0.17 during mid-day trading on Monday, reaching $39.63. 836,620 shares of the company's stock were exchanged, compared to its average volume of 4,180,244. The company's 50-day moving average is $36.87 and its 200-day moving average is $35.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.35 and a current ratio of 0.35. The firm has a market capitalization of $12.31 billion, a price-to-earnings ratio of 123.71 and a beta of 0.66. Antero Resources Co. has a 52-week low of $24.53 and a 52-week high of $42.63.

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 earnings per share 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 company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the firm posted $0.12 earnings per share. Antero Resources's revenue was up 20.5% compared to the same quarter last year. Analysts expect that Antero Resources Co. will post 2.74 EPS for the current fiscal year.

Insider Transactions at Antero Resources

In related news, Director W Howard Keenan, Jr. sold 1,061,987 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $40.82, for a total transaction of $43,350,309.34. Following the completion of the transaction, the director now directly owns 38,013 shares in the company, valued at $1,551,690.66. This trade represents a 96.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders have sold 1,300,000 shares of company stock worth $52,834,994. 6.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on AR shares. StockNews.com raised shares of Antero Resources to a "sell" rating in a research note on Thursday, February 13th. The Goldman Sachs Group lifted their price target on Antero Resources from $39.00 to $44.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Mizuho raised shares of Antero Resources from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from $47.00 to $49.00 in a research note on Tuesday, May 13th. Morgan Stanley reiterated an "overweight" rating and issued a $58.00 target price on shares of Antero Resources in a research report on Wednesday, March 26th. Finally, Wells Fargo & Company boosted their price target on shares of Antero Resources from $40.00 to $42.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $42.72.

About Antero Resources

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.