Antero Resources Co. (NYSE:AR) Shares Bought by PDT Partners LLC

PDT Partners LLC increased its holdings in Antero Resources Co. (NYSE:AR) by 29.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 183,184 shares of the oil and natural gas company’s stock after acquiring an additional 41,300 shares during the quarter. Antero Resources makes up 0.6% of PDT Partners LLC’s portfolio, making the stock its 12th biggest position. PDT Partners LLC owned 0.06% of Antero Resources worth $6,421,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AR. Janney Montgomery Scott LLC lifted its holdings in Antero Resources by 83.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 26,467 shares of the oil and natural gas company’s stock worth $928,000 after buying an additional 12,062 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in shares of Antero Resources during the 4th quarter valued at approximately $556,000. Slate Path Capital LP bought a new position in Antero Resources during the fourth quarter worth $35,471,000. Allspring Global Investments Holdings LLC boosted its holdings in Antero Resources by 1,423.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,544 shares of the oil and natural gas company’s stock worth $304,000 after purchasing an additional 7,983 shares during the period. Finally, Sei Investments Co. increased its stake in Antero Resources by 7.3% during the fourth quarter. Sei Investments Co. now owns 178,183 shares of the oil and natural gas company’s stock valued at $6,246,000 after purchasing an additional 12,156 shares during the last quarter. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Antero Resources Price Performance

NYSE AR opened at $35.91 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $11.17 billion, a PE ratio of 112.22 and a beta of 3.08. Antero Resources Co. has a 12-month low of $24.53 and a 12-month high of $42.63. The company has a 50 day moving average price of $36.54 and a two-hundred day moving average price of $34.66.

Antero Resources (NYSE:AR) last issued its quarterly earnings data on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.14. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. As a group, equities analysts predict that Antero Resources Co. will post 2.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. The Goldman Sachs Group raised their price target on Antero Resources from $39.00 to $44.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. TD Cowen upgraded shares of Antero Resources from a “hold” rating to a “buy” rating and raised their price target for the company from $40.00 to $46.00 in a research note on Tuesday, April 8th. UBS Group boosted their price objective on Antero Resources from $39.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, February 13th. StockNews.com upgraded Antero Resources to a “sell” rating in a research report on Thursday, February 13th. Finally, Wells Fargo & Company boosted their price target on Antero Resources from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 19th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $42.44.

Insider Transactions at Antero Resources

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of Antero Resources stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $39.76, for a total value of $7,952,000.00. Following the transaction, the director now directly owns 1,800,000 shares of the company’s stock, valued at $71,568,000. The trade was a 10.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 6.70% of the stock is owned by corporate insiders.

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.