26,908 Shares in Antero Resources Co. (NYSE:AR) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new position in Antero Resources Co. (NYSE:AR) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 26,908 shares of the oil and natural gas company’s stock, valued at approximately $876,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Creative Planning increased its holdings in shares of Antero Resources by 8.6% during the third quarter. Creative Planning now owns 22,869 shares of the oil and natural gas company’s stock valued at $655,000 after acquiring an additional 1,813 shares in the last quarter. Blue Trust Inc. boosted its position 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 valued at $137,000 after buying an additional 4,225 shares during the last quarter. Raymond James & Associates boosted its position 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 buying an additional 58,806 shares during the last quarter. Signaturefd LLC boosted its position in Antero Resources by 19.9% in the third quarter. Signaturefd LLC now owns 4,222 shares of the oil and natural gas company’s stock worth $121,000 after purchasing an additional 702 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Antero Resources by 94.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,769 shares of the oil and natural gas company’s stock worth $681,000 after purchasing an additional 11,515 shares during the last quarter. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. StockNews.com raised Antero Resources to a “sell” rating in a research report on Thursday, February 13th. The Goldman Sachs Group lifted their price objective on Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. lifted their price objective on Antero Resources from $36.00 to $38.00 and gave the company an “overweight” rating in a research report on Tuesday, January 14th. Benchmark reaffirmed a “hold” rating on shares of Antero Resources in a research report on Friday, January 17th. Finally, Truist Financial lifted their price objective on Antero Resources from $28.00 to $38.00 and gave the company a “hold” rating in a research report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Antero Resources currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.44.

Antero Resources Stock Down 0.7 %

Shares of AR opened at $37.88 on Tuesday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.21. Antero Resources Co. has a 12-month low of $24.53 and a 12-month high of $41.53. The business’s 50 day moving average is $37.30 and its 200 day moving average is $31.76. The company has a market capitalization of $11.79 billion, a PE ratio of 118.36 and a beta of 3.33.

Antero Resources (NYSE:AR) last released 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 return on equity of 0.74% and a net margin of 2.31%. Research analysts expect that Antero Resources Co. will post 2.74 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director W Howard Keenan, Jr. sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the transaction, the director now owns 1,800,000 shares of the company’s stock, valued at approximately $71,568,000. The trade was a 10.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 6.70% of the company’s stock.

Antero Resources Company 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.