Mraz Amerine & Associates Inc. raised its holdings in shares of Antero Resources Co. (NYSE:AR – Free Report) by 8.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140,566 shares of the oil and natural gas company’s stock after acquiring an additional 10,518 shares during the quarter. Antero Resources comprises approximately 0.7% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 21st biggest holding. Mraz Amerine & Associates Inc.’s holdings in Antero Resources were worth $4,027,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. Vaughan Nelson Investment Management L.P. lifted its position in Antero Resources by 269.4% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 3,967,300 shares of the oil and natural gas company’s stock valued at $129,453,000 after purchasing an additional 2,893,395 shares during the last quarter. Natixis Advisors LLC raised its stake in Antero Resources by 488.7% in the second quarter. Natixis Advisors LLC now owns 1,428,864 shares of the oil and natural gas company’s stock worth $46,624,000 after buying an additional 1,186,163 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Antero Resources by 7,781.2% in the second quarter. Acadian Asset Management LLC now owns 953,859 shares of the oil and natural gas company’s stock worth $31,113,000 after buying an additional 941,756 shares during the period. William Blair Investment Management LLC bought a new stake in Antero Resources during the 1st quarter valued at approximately $25,288,000. Finally, Castle Hook Partners LP grew its holdings in shares of Antero Resources by 160.3% during the 1st quarter. Castle Hook Partners LP now owns 1,226,758 shares of the oil and natural gas company’s stock worth $35,576,000 after acquiring an additional 755,439 shares during the period. Hedge funds and other institutional investors own 83.04% of the company’s stock.
Insider Buying and Selling at Antero Resources
In other news, insider Yvette K. Schultz sold 50,000 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $25.24, for a total transaction of $1,262,000.00. Following the sale, the insider now directly owns 248,363 shares in the company, valued at approximately $6,268,682.12. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.70% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
View Our Latest Analysis on AR
Antero Resources Trading Up 2.8 %
Shares of AR stock opened at $27.69 on Friday. The stock’s 50-day moving average price is $27.47 and its 200-day moving average price is $30.31. Antero Resources Co. has a 12-month low of $20.10 and a 12-month high of $36.28. The stock has a market capitalization of $8.61 billion, a price-to-earnings ratio of 138.45 and a beta of 3.33. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.22.
Antero Resources (NYSE:AR – Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The oil and natural gas company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.04). Antero Resources had a return on equity of 0.45% and a net margin of 1.88%. The firm had revenue of $978.65 million for the quarter, compared to analysts’ expectations of $980.20 million. Equities research analysts predict that Antero Resources Co. will post -0.21 EPS for the current fiscal year.
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.
Featured Stories
- Five stocks we like better than Antero Resources
- What is the Hang Seng index?
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
- Options Trading – Understanding Strike Price
- The Downtrend in UPS Stock Isn’t Over Yet
- How to Find Undervalued Stocks
- Maximize Portfolio Income with These 3 Dividend ETFs
Want to see what other hedge funds are holding AR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Antero Resources Co. (NYSE:AR – Free Report).
Receive News & Ratings for Antero Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antero Resources and related companies with MarketBeat.com's FREE daily email newsletter.