Caymus Capital Partners L.P. reduced its position in shares of Antero Resources Corporation (NYSE:AR) by 2.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,262,350 shares of the oil and natural gas company’s stock after selling 107,150 shares during the quarter. Antero Resources Corporation comprises about 10.7% of Caymus Capital Partners L.P.’s portfolio, making the stock its biggest position. Caymus Capital Partners L.P. owned 1.35% of Antero Resources Corporation worth $84,821,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AR. Evergreen Capital Management LLC purchased a new position in shares of Antero Resources Corporation in the 2nd quarter valued at $3,110,000. BlackRock Inc. increased its holdings in shares of Antero Resources Corporation by 2,440.4% in the 1st quarter. BlackRock Inc. now owns 8,550,873 shares of the oil and natural gas company’s stock valued at $195,044,000 after acquiring an additional 8,214,276 shares during the period. Delta Lloyd Asset Management N.V. purchased a new position in shares of Antero Resources Corporation in the 2nd quarter valued at $1,373,000. JPMorgan Chase & Co. increased its holdings in shares of Antero Resources Corporation by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,801,717 shares of the oil and natural gas company’s stock valued at $38,934,000 after acquiring an additional 11,737 shares during the period. Finally, State Board of Administration of Florida Retirement System increased its holdings in shares of Antero Resources Corporation by 13.5% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 313,544 shares of the oil and natural gas company’s stock valued at $6,776,000 after acquiring an additional 37,332 shares during the period. Institutional investors own 93.55% of the company’s stock.
Antero Resources Corporation (NYSE AR) traded down $0.37 during midday trading on Tuesday, hitting $19.89. The company’s stock had a trading volume of 3,073,300 shares, compared to its average volume of 3,363,600. The stock has a market cap of $6,394.71, a price-to-earnings ratio of 106.63 and a beta of 0.95. Antero Resources Corporation has a twelve month low of $17.89 and a twelve month high of $27.23. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85.
Antero Resources Corporation (NYSE:AR) last released its quarterly earnings data on Wednesday, November 1st. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01). The company had revenue of $775.30 million for the quarter, compared to analysts’ expectations of $798.88 million. Antero Resources Corporation had a negative net margin of 12.82% and a positive return on equity of 0.78%. During the same quarter in the previous year, the business posted $0.18 EPS. sell-side analysts expect that Antero Resources Corporation will post -0.02 earnings per share for the current year.
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AR has been the topic of a number of analyst reports. ValuEngine downgraded Antero Resources Corporation from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Morgan Stanley cut their price target on Antero Resources Corporation from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 18th. KeyCorp reissued a “buy” rating and issued a $33.00 price objective on shares of Antero Resources Corporation in a research report on Sunday, September 3rd. Scotiabank reissued a “buy” rating and issued a $27.00 price objective on shares of Antero Resources Corporation in a research report on Thursday, August 3rd. Finally, Robert W. Baird set a $38.00 price objective on Antero Resources Corporation and gave the stock a “buy” rating in a research report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $27.74.
In other Antero Resources Corporation news, insider Kevin J. Kilstrom sold 82,760 shares of Antero Resources Corporation stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $19.99, for a total transaction of $1,654,372.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 9.20% of the company’s stock.
Antero Resources Corporation Company Profile
Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.
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