Sapient Capital LLC Takes $1.21 Million Position in Antero Resources Co. (NYSE:AR)

Sapient Capital LLC acquired a new stake in Antero Resources Co. (NYSE:AR - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 53,155 shares of the oil and natural gas company's stock, valued at approximately $1,206,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AR. Captrust Financial Advisors grew its stake in shares of Antero Resources by 1.4% in the third quarter. Captrust Financial Advisors now owns 30,771 shares of the oil and natural gas company's stock valued at $939,000 after acquiring an additional 414 shares in the last quarter. Mariner LLC grew its stake in shares of Antero Resources by 4.1% in the fourth quarter. Mariner LLC now owns 10,688 shares of the oil and natural gas company's stock valued at $331,000 after acquiring an additional 425 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Antero Resources by 0.8% in the third quarter. AQR Capital Management LLC now owns 77,589 shares of the oil and natural gas company's stock valued at $1,969,000 after acquiring an additional 578 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Antero Resources by 4.5% in the first quarter. Mercer Global Advisors Inc. ADV now owns 13,676 shares of the oil and natural gas company's stock valued at $316,000 after acquiring an additional 595 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Antero Resources by 33.9% in the third quarter. CWM LLC now owns 2,990 shares of the oil and natural gas company's stock valued at $76,000 after acquiring an additional 757 shares in the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Antero Resources Trading Down 1.3 %

Shares of Antero Resources stock traded down $0.39 on Friday, hitting $29.79. The stock had a trading volume of 3,029,526 shares, compared to its average volume of 3,934,439. The stock has a 50 day moving average of $26.10 and a 200 day moving average of $25.10. Antero Resources Co. has a twelve month low of $19.91 and a twelve month high of $30.90. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.33 and a current ratio of 0.33. The firm has a market capitalization of $9.04 billion, a P/E ratio of 38.69 and a beta of 3.30.

Antero Resources (NYSE:AR - Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The oil and natural gas company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.04. Antero Resources had a return on equity of 2.10% and a net margin of 5.19%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.17 billion. Sell-side analysts expect that Antero Resources Co. will post 0.25 earnings per share for the current fiscal year.

Insider Buying and Selling at Antero Resources

In other news, Director W Howard Keenan, Jr. sold 232,293 shares of the firm's stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $25.85, for a total transaction of $6,004,774.05. Following the completion of the sale, the director now owns 3,000,000 shares of the company's stock, valued at approximately $77,550,000. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Sheri Pearce sold 28,009 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $26.29, for a total value of $736,356.61. Following the transaction, the insider now directly owns 106,698 shares in the company, valued at approximately $2,805,090.42. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director W Howard Keenan, Jr. sold 232,293 shares of the firm's stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $25.85, for a total value of $6,004,774.05. Following the transaction, the director now owns 3,000,000 shares in the company, valued at $77,550,000. The disclosure for this sale can be found here. In the last 90 days, insiders sold 467,280 shares of company stock valued at $12,153,605. 5.95% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on AR. Benchmark cut shares of Antero Resources from a "buy" rating to a "hold" rating in a research report on Thursday, February 22nd. Mizuho upped their price objective on shares of Antero Resources from $28.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 3rd. Scotiabank upped their price objective on shares of Antero Resources from $26.00 to $36.00 and gave the stock a "sector perform" rating in a research report on Thursday. Raymond James upped their price objective on shares of Antero Resources from $28.00 to $32.00 and gave the stock a "strong-buy" rating in a research report on Wednesday, January 24th. Finally, Wells Fargo & Company upped their price objective on shares of Antero Resources from $26.00 to $29.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 21st. One analyst has rated the stock with a sell rating, eight have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $29.92.

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.