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

Sapient Capital LLC acquired a new position in shares of Antero Resources Co. (NYSE:AR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 53,155 shares of the oil and natural gas company's stock, valued at approximately $1,206,000.

Other institutional investors also recently modified their holdings of the company. Oslo Asset Management AS increased its stake in shares of Antero Resources by 150.0% during the 4th quarter. Oslo Asset Management AS now owns 300,000 shares of the oil and natural gas company's stock worth $6,804,000 after purchasing an additional 180,000 shares during the last quarter. Cerity Partners LLC bought a new stake in shares of Antero Resources during the 4th quarter worth about $1,015,000. Assenagon Asset Management S.A. boosted its holdings in shares of Antero Resources by 129.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,508,156 shares of the oil and natural gas company's stock worth $34,205,000 after buying an additional 850,940 shares during the period. Kailix Advisors LLC boosted its holdings in shares of Antero Resources by 28.4% during the 4th quarter. Kailix Advisors LLC now owns 1,914,213 shares of the oil and natural gas company's stock worth $43,414,000 after buying an additional 423,017 shares during the period. Finally, Moors & Cabot Inc. boosted its holdings in shares of Antero Resources by 11.6% during the 3rd quarter. Moors & Cabot Inc. now owns 14,685 shares of the oil and natural gas company's stock worth $373,000 after buying an additional 1,525 shares during the period. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Antero Resources Price Performance

Shares of Antero Resources stock traded up $0.49 on Friday, reaching $33.14. 3,635,410 shares of the stock were exchanged, compared to its average volume of 5,194,709. The firm's 50 day moving average is $28.70 and its 200-day moving average is $25.64. Antero Resources Co. has a one year low of $19.91 and a one year high of $34.69. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.29 and a current ratio of 0.29. The firm has a market cap of $10.30 billion, a PE ratio of 165.70 and a beta of 3.27.

Antero Resources (NYSE:AR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The oil and natural gas company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.04. Antero Resources had a net margin of 1.50% and a return on equity of 0.18%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.17 billion. As a group, analysts anticipate that Antero Resources Co. will post 0.33 EPS for the current fiscal year.

Insider Transactions at Antero Resources

In related news, Director Robert J. Clark sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $33.67, for a total transaction of $336,700.00. Following the completion of the transaction, the director now directly owns 69,963 shares in the company, valued at approximately $2,355,654.21. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director W Howard Keenan, Jr. sold 232,293 shares of the company'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 transaction, the director now directly owns 3,000,000 shares in the company, valued at approximately $77,550,000. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert J. Clark sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $33.67, for a total transaction of $336,700.00. Following the transaction, the director now owns 69,963 shares of the company's stock, valued at $2,355,654.21. The disclosure for this sale can be found here. In the last 90 days, insiders sold 477,280 shares of company stock valued at $12,490,305. Company insiders own 5.95% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. StockNews.com raised shares of Antero Resources to a "sell" rating in a report on Friday, April 26th. Scotiabank lifted their target price on shares of Antero Resources from $36.00 to $40.00 and gave the stock a "sector perform" rating in a report on Tuesday, April 30th. Benchmark downgraded shares of Antero Resources from a "buy" rating to a "hold" rating in a report on Thursday, February 22nd. Barclays began coverage on shares of Antero Resources in a report on Wednesday, April 10th. They issued an "equal weight" rating and a $32.00 price objective for the company. Finally, Mizuho boosted their price objective on shares of Antero Resources from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $32.08.

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.