Mraz Amerine & Associates Inc. Buys 3,825 Shares of Antero Resources Co. (NYSE:AR)

Mraz Amerine & Associates Inc. boosted its stake in shares of Antero Resources Co. (NYSE:AR) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,391 shares of the oil and natural gas company’s stock after purchasing an additional 3,825 shares during the quarter. Antero Resources comprises 0.9% of Mraz Amerine & Associates Inc.’s holdings, making the stock its 19th largest holding. Mraz Amerine & Associates Inc.’s holdings in Antero Resources were worth $5,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. CWM LLC increased its position in shares of Antero Resources by 26.1% during the third quarter. CWM LLC now owns 11,575 shares of the oil and natural gas company’s stock worth $332,000 after purchasing an additional 2,398 shares in the last quarter. Creative Planning boosted its holdings in Antero Resources by 8.6% in the third quarter. Creative Planning now owns 22,869 shares of the oil and natural gas company’s stock worth $655,000 after acquiring an additional 1,813 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Antero Resources by 741.2% during the third quarter. Blue Trust Inc. now owns 4,795 shares of the oil and natural gas company’s stock worth $137,000 after acquiring an additional 4,225 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Antero Resources by 14.1% during the third quarter. Raymond James & Associates now owns 477,023 shares of the oil and natural gas company’s stock valued at $13,667,000 after acquiring an additional 58,806 shares in the last quarter. Finally, U S Global Investors Inc. acquired a new stake in Antero Resources in the 3rd quarter worth approximately $430,000. 83.04% of the stock is currently owned by institutional investors.

Antero Resources Trading Down 0.8 %

AR opened at $39.84 on Tuesday. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of 284.57 and a beta of 3.33. Antero Resources Co. has a 52 week low of $22.01 and a 52 week high of $41.53. The business’s 50 day moving average is $36.61 and its two-hundred day moving average is $31.29. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23.

Antero Resources (NYSE:AR) last posted its quarterly earnings data on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.14. Antero Resources had a net margin of 1.03% and a negative return on equity of 0.59%. On average, research analysts predict that Antero Resources Co. will post -0.11 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on AR shares. Truist Financial raised their price target on shares of Antero Resources from $28.00 to $38.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Raymond James lifted their price target on Antero Resources from $44.00 to $60.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 23rd. Barclays raised their price objective on Antero Resources from $36.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Friday. Bank of America began coverage on Antero Resources in a research report on Monday, October 28th. They issued a “buy” rating and a $36.00 target price on the stock. Finally, StockNews.com upgraded shares of Antero Resources to a “sell” rating in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $39.44.

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.