Banco Bilbao Vizcaya Argentaria S.A. Sells 15,894 Shares of Antero Resources Co. (NYSE:AR)

Banco Bilbao Vizcaya Argentaria S.A. trimmed its holdings in Antero Resources Co. (NYSE:AR) by 64.4% in the 4th quarter, Holdings Channel reports. The fund owned 8,803 shares of the oil and natural gas company’s stock after selling 15,894 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Antero Resources were worth $309,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of AR. Pinnacle Bancorp Inc. bought a new position in shares of Antero Resources during the 4th quarter worth about $28,000. Spire Wealth Management acquired a new position in Antero Resources in the fourth quarter worth about $31,000. Wilmington Savings Fund Society FSB lifted its stake in Antero Resources by 205.2% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,358 shares of the oil and natural gas company’s stock worth $48,000 after purchasing an additional 913 shares during the period. UMB Bank n.a. boosted its holdings in Antero Resources by 59.6% during the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company’s stock valued at $49,000 after purchasing an additional 523 shares in the last quarter. Finally, Transcendent Capital Group LLC bought a new stake in shares of Antero Resources in the 4th quarter valued at approximately $56,000. 83.04% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director now directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.70% of the stock is owned by insiders.

Antero Resources Stock Up 0.7 %

Shares of Antero Resources stock opened at $36.17 on Wednesday. The company has a quick ratio of 0.35, a current 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 $42.63. The business has a fifty day simple moving average of $36.47 and a 200 day simple moving average of $34.67. The stock has a market cap of $11.26 billion, a PE ratio of 113.03 and a beta of 3.08.

Antero Resources (NYSE:AR) last announced its quarterly earnings data on Wednesday, February 12th. The oil and natural gas company reported $0.54 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 predict that Antero Resources Co. will post 2.74 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on AR shares. The Goldman Sachs Group raised their target price on Antero Resources from $39.00 to $44.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. TD Cowen upgraded Antero Resources from a “hold” rating to a “buy” rating and raised their target price for the stock from $40.00 to $46.00 in a research report on Tuesday, April 8th. Benchmark restated a “hold” rating on shares of Antero Resources in a research report on Friday, January 17th. UBS Group raised their target price on Antero Resources from $39.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, February 13th. Finally, Truist Financial raised their target price on Antero Resources from $28.00 to $38.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Antero Resources has an average rating of “Moderate Buy” and an average price target of $42.44.

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.