XTX Topco Ltd Boosts Holdings in Antero Resources Corporation $AR

XTX Topco Ltd boosted its position in shares of Antero Resources Corporation (NYSE:AR) by 525.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 99,215 shares of the oil and natural gas company’s stock after purchasing an additional 83,352 shares during the quarter. XTX Topco Ltd’s holdings in Antero Resources were worth $3,996,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of AR. Beacon Harbor Wealth Advisors Inc. purchased a new stake in Antero Resources during the 1st quarter valued at $6,761,000. PNC Financial Services Group Inc. raised its stake in shares of Antero Resources by 14.3% in 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 last quarter. Neo Ivy Capital Management bought a new position in shares of Antero Resources during the second quarter valued at $532,000. Voya Investment Management LLC boosted its position in shares of Antero Resources by 22.8% during 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 last quarter. Finally, Jefferies Financial Group Inc. increased its holdings in Antero Resources by 41.6% in the 1st quarter. Jefferies Financial Group Inc. now owns 1,787,785 shares of the oil and natural gas company’s stock worth $72,298,000 after buying an additional 525,180 shares in the last quarter. 83.04% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on AR. Zacks Research upgraded shares of Antero Resources from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. JPMorgan Chase & Co. reduced their price target on shares of Antero Resources from $49.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, October 2nd. Mizuho reduced their price objective on Antero Resources from $49.00 to $41.00 and set an “outperform” rating for the company in a research note on Monday, September 15th. Roth Capital lowered shares of Antero Resources from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $44.00 to $32.00 in a research report on Monday, August 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Antero Resources in a research note on Wednesday, November 19th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Antero Resources has an average rating of “Moderate Buy” and an average price target of $44.00.

Antero Resources Stock Performance

Shares of AR opened at $33.96 on Wednesday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.15. The firm has a market cap of $10.48 billion, a PE ratio of 18.06 and a beta of 0.62. The stock has a fifty day moving average price of $33.06 and a 200-day moving average price of $34.98. Antero Resources Corporation has a 12 month low of $29.10 and a 12 month high of $44.01.

Insider Activity

In related news, insider Brendan E. Krueger purchased 5,000 shares of Antero Resources stock in a transaction that occurred on Friday, November 7th. The stock was bought at an average cost of $33.35 per share, for a total transaction of $166,750.00. Following the completion of the transaction, the insider owned 295,917 shares in the company, valued at $9,868,831.95. The trade was a 1.72% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 6.30% of the stock is currently owned by company insiders.

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.