143,932 Shares in Antero Resources Co. (NYSE:AR) Bought by Raiffeisen Bank International AG

Raiffeisen Bank International AG acquired a new position in shares of Antero Resources Co. (NYSE:AR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 143,932 shares of the oil and natural gas company's stock, valued at approximately $5,045,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AR. Pinnacle Bancorp Inc. purchased a new stake in shares of Antero Resources during the 4th quarter worth approximately $28,000. Spire Wealth Management purchased a new stake in Antero Resources during the fourth quarter worth $31,000. Wilmington Savings Fund Society FSB grew its holdings in Antero Resources by 205.2% in 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 last quarter. UMB Bank n.a. increased 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 buying an additional 523 shares in the last quarter. Finally, Transcendent Capital Group LLC acquired a new position in shares of Antero Resources during the 4th quarter worth $56,000. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Antero Resources Trading Down 0.9%

NYSE AR traded down $0.36 during trading hours on Wednesday, hitting $39.41. 670,846 shares of the company's stock were exchanged, compared to its average volume of 4,177,059. The business's 50 day moving average is $37.00 and its 200-day moving average is $35.79. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.35 and a current ratio of 0.35. Antero Resources Co. has a 12-month low of $24.53 and a 12-month high of $42.63. The firm has a market capitalization of $12.24 billion, a P/E ratio of 122.96 and a beta of 0.66.

Antero Resources (NYSE:AR - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the firm posted $0.12 EPS. The company's revenue was up 20.5% on a year-over-year basis. As a group, analysts anticipate that Antero Resources Co. will post 2.74 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Yvette K. Schultz sold 25,200 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $12,229,805.34. The trade was a 7.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Howard Keenan, Jr. sold 1,061,987 shares of the stock in a transaction that occurred on 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 sale, the director now directly owns 38,013 shares of the company's stock, valued at approximately $1,551,690.66. This trade represents a 96.54% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,125,200 shares of company stock valued at $45,887,466. Insiders own 6.70% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. StockNews.com raised shares of Antero Resources to a "sell" rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. increased their price target on shares of Antero Resources from $45.00 to $47.00 and gave the company an "overweight" rating in a research report on Thursday, March 13th. Morgan Stanley reissued an "overweight" rating and set a $58.00 price objective on shares of Antero Resources in a research note on Wednesday, March 26th. Wells Fargo & Company upped 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. Finally, The Goldman Sachs Group raised their price target on Antero Resources from $39.00 to $44.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Antero Resources presently has a consensus rating of "Moderate Buy" and a consensus target price 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.