S&CO Inc. Has $11.91 Million Stock Holdings in Antero Resources Corporation $AR

S&CO Inc. increased its stake in shares of Antero Resources Corporation (NYSE:AR) by 0.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 295,713 shares of the oil and natural gas company’s stock after buying an additional 1,925 shares during the period. S&CO Inc. owned 0.10% of Antero Resources worth $11,911,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of AR. Beacon Harbor Wealth Advisors Inc. acquired a new stake in Antero Resources in the 1st quarter worth about $6,761,000. CWM LLC increased its holdings in shares of Antero Resources by 109.6% during the first quarter. CWM LLC now owns 32,725 shares of the oil and natural gas company’s stock worth $1,323,000 after purchasing an additional 17,113 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Antero Resources by 14.3% during the first quarter. PNC Financial Services Group Inc. now owns 11,670 shares of the oil and natural gas company’s stock worth $472,000 after purchasing an additional 1,461 shares during the period. OneDigital Investment Advisors LLC acquired a new stake in shares of Antero Resources in the first quarter valued at approximately $284,000. Finally, Voya Investment Management LLC boosted its stake in shares of Antero Resources by 22.8% in the first quarter. Voya Investment Management LLC now owns 184,972 shares of the oil and natural gas company’s stock valued at $7,480,000 after buying an additional 34,311 shares during the period. Institutional investors and hedge funds own 83.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Mizuho lowered their price objective on Antero Resources from $49.00 to $41.00 and set an “outperform” rating on the stock in a research note on Monday, September 15th. Wells Fargo & Company raised Antero Resources from an “equal weight” rating to an “overweight” rating and set a $39.00 target price on the stock in a report on Monday, November 3rd. Roth Capital cut Antero Resources from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $44.00 to $32.00 in a research report on Monday, August 18th. Jefferies Financial Group dropped their price target on Antero Resources from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, October 3rd. Finally, UBS Group cut their price objective on shares of Antero Resources from $43.00 to $42.00 and set a “buy” rating for the company in a research report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Antero Resources has an average rating of “Moderate Buy” and a consensus price target of $44.00.

Antero Resources Stock Performance

NYSE:AR opened at $33.62 on Monday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $10.37 billion, a PE ratio of 17.88 and a beta of 0.62. Antero Resources Corporation has a twelve month low of $28.40 and a twelve month high of $44.01. The stock’s 50-day simple moving average is $32.63 and its 200 day simple moving average is $35.12.

About Antero Resources

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.