Vanguard Personalized Indexing Management LLC Has $1.19 Million Stock Holdings in Antero Resources Corporation $AR

Vanguard Personalized Indexing Management LLC increased its position in Antero Resources Corporation (NYSE:AR) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,641 shares of the oil and natural gas company’s stock after purchasing an additional 2,527 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Antero Resources were worth $1,194,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AR. World Investment Advisors grew its position in shares of Antero Resources by 5.0% during the 1st quarter. World Investment Advisors now owns 7,105 shares of the oil and natural gas company’s stock worth $287,000 after buying an additional 341 shares during the period. Geneos Wealth Management Inc. boosted its stake in Antero Resources by 10.1% in the first quarter. Geneos Wealth Management Inc. now owns 4,054 shares of the oil and natural gas company’s stock valued at $164,000 after acquiring an additional 371 shares during the last quarter. Bessemer Group Inc. boosted its stake in Antero Resources by 64.7% in the first quarter. Bessemer Group Inc. now owns 1,046 shares of the oil and natural gas company’s stock valued at $42,000 after acquiring an additional 411 shares during the last quarter. Ballentine Partners LLC grew its holdings in Antero Resources by 7.1% during the 1st quarter. Ballentine Partners LLC now owns 6,282 shares of the oil and natural gas company’s stock worth $254,000 after acquiring an additional 419 shares during the period. Finally, Compound Planning Inc. raised its position in shares of Antero Resources by 5.0% during the 1st quarter. Compound Planning Inc. now owns 9,722 shares of the oil and natural gas company’s stock valued at $393,000 after acquiring an additional 461 shares during the last quarter. 83.04% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AR shares. UBS Group reduced their price target on Antero Resources from $43.00 to $42.00 and set a “buy” rating on the stock in a research report on Monday, September 15th. Roth Capital downgraded Antero Resources from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $44.00 to $32.00 in a report on Monday, August 18th. Zacks Research cut Antero Resources from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. JPMorgan Chase & Co. decreased their target price on Antero Resources from $49.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, October 2nd. Finally, Morgan Stanley lowered their price target on Antero Resources from $47.00 to $44.00 and set an “overweight” rating for the company in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.13.

Antero Resources Stock Down 0.1%

Shares of Antero Resources stock opened at $30.75 on Friday. The company has a market capitalization of $9.50 billion, a P/E ratio of 19.59 and a beta of 0.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.30 and a quick ratio of 0.30. The business has a 50-day moving average of $32.36 and a two-hundred day moving average of $35.26. Antero Resources Corporation has a 1 year low of $25.36 and a 1 year high of $44.01.

Antero Resources (NYSE:AR) last issued its quarterly earnings data on Wednesday, July 30th. The oil and natural gas company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.33). The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.30 billion. Antero Resources had a net margin of 10.13% and a return on equity of 6.48%. Antero Resources’s revenue for the quarter was up 32.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.21) earnings per share. As a group, equities analysts predict that Antero Resources Corporation will post 2.74 EPS for the current year.

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.