Numerai GP LLC Has $316,000 Stock Position in Antero Resources Co. (NYSE:AR)

Numerai GP LLC lowered its position in shares of Antero Resources Co. (NYSE:AR - Free Report) by 49.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,023 shares of the oil and natural gas company's stock after selling 8,848 shares during the period. Numerai GP LLC's holdings in Antero Resources were worth $316,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Lighthouse Investment Partners LLC acquired a new stake in Antero Resources during the 4th quarter valued at approximately $2,103,000. Lloyd Harbor Capital Management LLC acquired a new stake in Antero Resources in the fourth quarter valued at $7,711,000. Janus Henderson Group PLC boosted its stake in Antero Resources by 19.4% during the 4th quarter. Janus Henderson Group PLC now owns 378,376 shares of the oil and natural gas company's stock valued at $13,257,000 after acquiring an additional 61,459 shares during the last quarter. Goodlander Investment Management LLC acquired a new position in Antero Resources during the 4th quarter worth $14,020,000. Finally, Focus Partners Wealth increased its position in shares of Antero Resources by 8.4% in the 4th quarter. Focus Partners Wealth now owns 16,752 shares of the oil and natural gas company's stock worth $587,000 after purchasing an additional 1,291 shares during the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

Antero Resources Price Performance

Antero Resources stock traded down $0.46 during mid-day trading on Wednesday, hitting $39.31. The company's stock had a trading volume of 500,214 shares, compared to its average volume of 4,176,167. Antero Resources Co. has a twelve month low of $24.53 and a twelve month high of $42.63. The stock's fifty day moving average price is $37.00 and its two-hundred day moving average price is $35.79. The stock has a market capitalization of $12.21 billion, a P/E ratio of 122.89 and a beta of 0.66. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.21.

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 (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the previous year, the firm earned $0.12 earnings per share. Antero Resources's revenue for the quarter was up 20.5% compared to the same quarter last year. Research analysts forecast that Antero Resources Co. will post 2.74 earnings per share for the current year.

Insider Buying and Selling at Antero Resources

In other news, Director W Howard Keenan, Jr. sold 1,061,987 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $40.82, for a total value of $43,350,309.34. Following the transaction, the director now owns 38,013 shares in the company, valued at $1,551,690.66. This represents a 96.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Yvette K. Schultz sold 25,200 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider now owns 306,819 shares of the company's stock, valued at approximately $12,229,805.34. The trade was a 7.59% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,125,200 shares of company stock valued at $45,887,466. 6.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on AR shares. The Goldman Sachs Group boosted their price objective on Antero Resources from $39.00 to $44.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Raymond James reiterated a "strong-buy" rating on shares of Antero Resources in a research note on Tuesday, May 13th. Williams Trading set a $48.00 price target on shares of Antero Resources in a research report on Wednesday, March 5th. JPMorgan Chase & Co. increased their price objective on shares of Antero Resources from $45.00 to $47.00 and gave the stock an "overweight" rating in a research note on Thursday, March 13th. Finally, Wells Fargo & Company lifted their target price on Antero Resources from $40.00 to $42.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, seven have assigned 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 company currently has a consensus rating of "Moderate Buy" and a consensus target price 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.