WINTON GROUP Ltd Purchases 1,983 Shares of Antero Resources Co. (NYSE:AR)

WINTON GROUP Ltd increased its holdings in shares of Antero Resources Co. (NYSE:AR) by 5.2% in the 4th quarter, HoldingsChannel reports. The firm owned 40,469 shares of the oil and natural gas company’s stock after acquiring an additional 1,983 shares during the period. WINTON GROUP Ltd’s holdings in Antero Resources were worth $1,418,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Banco BTG Pactual S.A. bought a new stake in shares of Antero Resources during the fourth quarter valued at approximately $228,000. Barnett & Company Inc. increased its stake in Antero Resources by 58.7% during the 4th quarter. Barnett & Company Inc. now owns 28,250 shares of the oil and natural gas company’s stock valued at $990,000 after purchasing an additional 10,450 shares in the last quarter. Mirae Asset Securities USA Inc. raised its holdings in Antero Resources by 14,348.3% during the fourth quarter. Mirae Asset Securities USA Inc. now owns 82,211 shares of the oil and natural gas company’s stock worth $2,881,000 after buying an additional 81,642 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Antero Resources by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 29,574,973 shares of the oil and natural gas company’s stock valued at $1,036,603,000 after buying an additional 214,060 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Antero Resources by 486.0% during the fourth quarter. LPL Financial LLC now owns 157,501 shares of the oil and natural gas company’s stock valued at $5,520,000 after buying an additional 130,623 shares during the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Antero Resources

In related news, Director W Howard Keenan, Jr. sold 200,000 shares of Antero Resources stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the completion of the sale, the director now owns 1,800,000 shares of the company’s stock, valued at approximately $71,568,000. This trade represents a 10.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.70% of the stock is owned by corporate insiders.

Antero Resources Price Performance

Antero Resources stock opened at $39.57 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.35 and a quick ratio of 0.35. Antero Resources Co. has a one year low of $24.53 and a one year high of $42.63. The firm has a market capitalization of $12.31 billion, a P/E ratio of 123.66 and a beta of 3.38. The business has a fifty day moving average price of $38.49 and a 200-day moving average price of $33.42.

Antero Resources (NYSE:AR) last posted its earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.14. Antero Resources had a return on equity of 0.74% and a net margin of 2.31%. As a group, equities research analysts forecast that Antero Resources Co. will post 2.74 EPS for the current year.

Analysts Set New Price Targets

AR has been the topic of several recent research reports. Truist Financial raised their price target on shares of Antero Resources from $28.00 to $38.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Morgan Stanley reaffirmed an “overweight” rating and set a $58.00 target price on shares of Antero Resources in a research report on Wednesday. Barclays increased their price target on Antero Resources from $36.00 to $38.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Benchmark reaffirmed a “hold” rating on shares of Antero Resources in a report on Friday, January 17th. Finally, Wells Fargo & Company increased their target price on shares of Antero Resources from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Antero Resources presently has a consensus rating of “Moderate Buy” and an average price target of $42.24.

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.