Natixis Advisors LLC Has $13.69 Million Holdings in Antero Resources Corporation $AR

Natixis Advisors LLC trimmed its position in shares of Antero Resources Corporation (NYSE:AR) by 12.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 407,800 shares of the oil and natural gas company’s stock after selling 57,527 shares during the quarter. Natixis Advisors LLC’s holdings in Antero Resources were worth $13,686,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. First Trust Advisors LP raised its stake in shares of Antero Resources by 25.3% in the third quarter. First Trust Advisors LP now owns 752,568 shares of the oil and natural gas company’s stock valued at $25,256,000 after acquiring an additional 152,169 shares during the last quarter. HUB Investment Partners LLC bought a new stake in Antero Resources during the 3rd quarter worth approximately $287,000. Orion Porfolio Solutions LLC grew its position in Antero Resources by 213.8% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 42,547 shares of the oil and natural gas company’s stock worth $1,428,000 after acquiring an additional 28,987 shares during the last quarter. GW&K Investment Management LLC increased its holdings in Antero Resources by 38.5% during the 3rd quarter. GW&K Investment Management LLC now owns 1,034,451 shares of the oil and natural gas company’s stock valued at $34,716,000 after purchasing an additional 287,353 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Antero Resources by 31.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 7,970,390 shares of the oil and natural gas company’s stock valued at $267,485,000 after purchasing an additional 1,922,977 shares during the last quarter. Institutional investors and hedge funds own 83.04% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Mizuho set a $47.00 price objective on Antero Resources in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Antero Resources in a report on Monday, December 29th. Jefferies Financial Group set a $50.00 price target on shares of Antero Resources in a research report on Friday, February 13th. Bank of America increased their price objective on shares of Antero Resources from $44.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, Barclays lowered their price objective on shares of Antero Resources from $46.00 to $41.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 21st. Four investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $45.87.

Insiders Place Their Bets

In related news, insider Yvette K. Schultz sold 15,000 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $39.33, for a total value of $589,950.00. Following the transaction, the insider directly owned 319,122 shares in the company, valued at $12,551,068.26. This represents a 4.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 6.30% of the stock is owned by corporate insiders.

Antero Resources Trading Up 1.9%

Shares of AR opened at $40.43 on Friday. The stock’s fifty day simple moving average is $34.70 and its 200-day simple moving average is $33.91. The firm has a market capitalization of $12.47 billion, a PE ratio of 20.02 and a beta of 0.52. Antero Resources Corporation has a 12-month low of $29.10 and a 12-month high of $44.01. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.18.

Antero Resources (NYSE:AR) last announced its quarterly earnings data on Wednesday, February 11th. The oil and natural gas company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.13. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Antero Resources had a return on equity of 6.71% and a net margin of 12.02%.The company’s quarterly revenue was up 20.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.48 EPS. As a group, research analysts predict that Antero Resources Corporation will post 2.74 earnings per share for the current year.

Antero Resources Company Profile

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.