Fmr LLC bought a new stake in Antero Resources Corporation (NYSE:AR) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 97,900 shares of the oil and natural gas company’s stock, valued at approximately $2,116,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Antero Resources Corporation by 6.5% in the second quarter. Vanguard Group Inc. now owns 17,760,019 shares of the oil and natural gas company’s stock valued at $383,794,000 after acquiring an additional 1,091,065 shares during the last quarter. Northern Trust Corp lifted its stake in Antero Resources Corporation by 18.0% in the second quarter. Northern Trust Corp now owns 1,206,949 shares of the oil and natural gas company’s stock valued at $26,081,000 after acquiring an additional 184,235 shares during the last quarter. Van ECK Associates Corp lifted its stake in Antero Resources Corporation by 21.0% in the second quarter. Van ECK Associates Corp now owns 39,872 shares of the oil and natural gas company’s stock valued at $862,000 after acquiring an additional 6,933 shares during the last quarter. UBS Asset Management Americas Inc. lifted its stake in Antero Resources Corporation by 36.5% in the second quarter. UBS Asset Management Americas Inc. now owns 538,190 shares of the oil and natural gas company’s stock valued at $11,630,000 after acquiring an additional 143,955 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in Antero Resources Corporation by 53.1% in the second quarter. Rafferty Asset Management LLC now owns 35,606 shares of the oil and natural gas company’s stock valued at $769,000 after acquiring an additional 12,353 shares during the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.

A number of analysts have commented on AR shares. Citigroup Inc. cut their price target 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. Robert W. Baird reiterated a “buy” rating and issued a $38.00 price target on shares of Antero Resources Corporation in a research note on Sunday, September 10th. Zacks Investment Research upgraded shares of Antero Resources Corporation from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Friday, July 21st. Morgan Stanley cut their price target on shares of Antero Resources Corporation from $23.00 to $22.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 18th. Finally, KeyCorp reiterated a “buy” rating and issued a $33.00 price target on shares of Antero Resources Corporation in a research note on Sunday, September 3rd. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $27.74.

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Shares of Antero Resources Corporation (NYSE AR) opened at $19.70 on Wednesday. Antero Resources Corporation has a 12 month low of $17.89 and a 12 month high of $27.23. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. The firm has a market cap of $6,341.06, a PE ratio of 105.74 and a beta of 0.95.

Antero Resources Corporation (NYSE:AR) last released its earnings results on Wednesday, November 1st. The oil and natural gas company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Antero Resources Corporation had a negative net margin of 12.82% and a positive return on equity of 0.78%. The firm had revenue of $775.30 million during the quarter, compared to the consensus estimate of $798.88 million. During the same period in the prior year, the business earned $0.18 earnings per share. equities analysts expect that Antero Resources Corporation will post -0.02 earnings per share for the current fiscal year.

Antero Resources Corporation Company Profile

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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