Ashburton Jersey Ltd acquired a new position in Antero Resources Corporation (NYSE:AR) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 57,400 shares of the oil and natural gas company’s stock, valued at approximately $1,142,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Toronto Dominion Bank increased its position in shares of Antero Resources Corporation by 244.3% in the third quarter. Toronto Dominion Bank now owns 9,326 shares of the oil and natural gas company’s stock worth $186,000 after acquiring an additional 6,617 shares in the last quarter. Balasa Dinverno & Foltz LLC purchased a new position in shares of Antero Resources Corporation in the third quarter worth approximately $211,000. SG Americas Securities LLC purchased a new position in shares of Antero Resources Corporation in the second quarter worth approximately $215,000. Linscomb & Williams Inc. purchased a new position in shares of Antero Resources Corporation in the second quarter worth approximately $220,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Antero Resources Corporation by 22.3% in the second quarter. PNC Financial Services Group Inc. now owns 10,353 shares of the oil and natural gas company’s stock worth $223,000 after acquiring an additional 1,891 shares in the last quarter. 94.24% of the stock is currently owned by institutional investors.

In other Antero Resources Corporation news, insider Kevin J. Kilstrom sold 82,760 shares of Antero Resources Corporation stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $19.99, for a total value of $1,654,372.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider K. Phil Yoo sold 10,865 shares of Antero Resources Corporation stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $19.25, for a total transaction of $209,151.25. The disclosure for this sale can be found here. 9.20% of the stock is owned by insiders.

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Antero Resources Corporation (NYSE:AR) opened at $18.89 on Friday. Antero Resources Corporation has a 1 year low of $17.89 and a 1 year high of $27.23. The company has a market cap of $5,962.30, a P/E ratio of 99.42 and a beta of 0.95. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54.

Antero Resources Corporation (NYSE:AR) last announced its quarterly earnings data on Wednesday, November 1st. The oil and natural gas company reported ($0.04) EPS for the quarter, missing the Zacks’ 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 company had revenue of $775.30 million for the quarter, compared to analysts’ expectations of $798.88 million. During the same period in the previous year, the firm posted $0.18 earnings per share. equities analysts anticipate that Antero Resources Corporation will post -0.09 EPS for the current fiscal year.

Several research analysts have recently weighed in on AR shares. ValuEngine downgraded shares of Antero Resources Corporation from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Morgan Stanley dropped their target price on shares of Antero Resources Corporation from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 18th. KeyCorp reissued a “buy” rating and issued a $33.00 target price on shares of Antero Resources Corporation in a research report on Sunday, September 3rd. Scotiabank reissued a “buy” rating and issued a $27.00 target price on shares of Antero Resources Corporation in a research report on Thursday, August 3rd. Finally, Robert W. Baird set a $38.00 target price on shares of Antero Resources Corporation and gave the stock a “buy” rating in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Antero Resources Corporation presently has an average rating of “Hold” and an average target price of $27.44.

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.

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

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