Turner Investments LLC lowered its position in shares of Antero Resources Corporation (NYSE:AR) by 41.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,600 shares of the oil and natural gas company’s stock after selling 12,940 shares during the period. Turner Investments LLC’s holdings in Antero Resources Corporation were worth $402,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Antero Resources Corporation by 4.9% in the first quarter. Vanguard Group Inc. now owns 16,668,954 shares of the oil and natural gas company’s stock worth $380,218,000 after buying an additional 778,962 shares during the last quarter. Brave Warrior Advisors LLC increased its position in shares of Antero Resources Corporation by 9.8% in the first quarter. Brave Warrior Advisors LLC now owns 10,593,829 shares of the oil and natural gas company’s stock worth $241,645,000 after buying an additional 946,603 shares during the last quarter. Sound Shore Management Inc. CT increased its position in shares of Antero Resources Corporation by 22.0% in the second quarter. Sound Shore Management Inc. CT now owns 9,406,400 shares of the oil and natural gas company’s stock worth $203,272,000 after buying an additional 1,697,858 shares during the last quarter. BlackRock Inc. increased its position in shares of Antero Resources Corporation by 2,440.4% in the first quarter. BlackRock Inc. now owns 8,550,873 shares of the oil and natural gas company’s stock worth $195,044,000 after buying an additional 8,214,276 shares during the last quarter. Finally, State Street Corp increased its position in shares of Antero Resources Corporation by 21.4% in the first quarter. State Street Corp now owns 7,208,698 shares of the oil and natural gas company’s stock worth $164,429,000 after buying an additional 1,271,005 shares during the last quarter. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Antero Resources Corporation (NYSE:AR) opened at 18.82 on Monday. Antero Resources Corporation has a 52 week low of $18.23 and a 52 week high of $28.30. The stock has a 50 day moving average of $20.43 and a 200-day moving average of $22.04. The firm has a market capitalization of $5.94 billion, a PE ratio of 437.67 and a beta of 0.95.

Antero Resources Corporation (NYSE:AR) last released its earnings results on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.01. Antero Resources Corporation had a net margin of 0.48% and a return on equity of 1.44%. The business had revenue of $736 million during the quarter, compared to the consensus estimate of $778.55 million. During the same quarter in the prior year, the firm earned $0.14 EPS. The business’s revenue was up 1.1% on a year-over-year basis. Equities analysts anticipate that Antero Resources Corporation will post $0.32 earnings per share for the current fiscal year.

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AR has been the topic of a number of research analyst reports. Scotiabank set a $27.00 price objective on shares of Antero Resources Corporation and gave the company a “buy” rating in a research report on Saturday, July 1st. Cowen and Company set a $25.00 target price on shares of Antero Resources Corporation and gave the company a “hold” rating in a research note on Tuesday, July 18th. Citigroup Inc. reduced their target price on shares of Antero Resources Corporation from $34.00 to $27.00 and set a “buy” rating for the company in a research note on Friday, July 21st. Wolfe Research cut shares of Antero Resources Corporation from an “outperform” rating to a “market perform” rating in a research note on Thursday, June 15th. Finally, BidaskClub upgraded shares of Antero Resources Corporation from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $29.13.

In other news, insider Ward D. Mcneilly sold 24,000 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $22.05, for a total transaction of $529,200.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider K. Phil Yoo sold 3,785 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $20.55, for a total value of $77,781.75. The disclosure for this sale can be found here. Insiders own 10.80% of the company’s stock.

About Antero Resources Corporation

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

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Institutional Ownership by Quarter for Antero Resources Corporation (NYSE:AR)

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