Thompson Siegel & Walmsley LLC Sells 136,914 Shares of Antero Resources Co. (NYSE:AR)

Thompson Siegel & Walmsley LLC trimmed its holdings in Antero Resources Co. (NYSE:AR) by 38.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 215,804 shares of the oil and natural gas company’s stock after selling 136,914 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Antero Resources were worth $7,042,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its position in Antero Resources by 1,311.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 960 shares of the oil and natural gas company’s stock worth $28,000 after buying an additional 892 shares in the last quarter. Mather Group LLC. purchased a new stake in Antero Resources in the 1st quarter worth approximately $37,000. Lindbrook Capital LLC raised its stake in Antero Resources by 35.1% during the 1st quarter. Lindbrook Capital LLC now owns 1,998 shares of the oil and natural gas company’s stock worth $58,000 after acquiring an additional 519 shares during the period. Quadrant Capital Group LLC lifted its holdings in Antero Resources by 28.0% during the fourth quarter. Quadrant Capital Group LLC now owns 2,752 shares of the oil and natural gas company’s stock valued at $62,000 after purchasing an additional 602 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Antero Resources by 11.3% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 3,384 shares of the oil and natural gas company’s stock worth $98,000 after purchasing an additional 343 shares during the period. 83.04% of the stock is currently owned by institutional investors.

Antero Resources Stock Performance

Shares of NYSE:AR opened at $26.49 on Monday. The firm has a fifty day simple moving average of $28.12 and a two-hundred day simple moving average of $30.19. Antero Resources Co. has a 52 week low of $20.10 and a 52 week high of $36.28. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $8.24 billion, a P/E ratio of 132.45 and a beta of 3.33.

Antero Resources (NYSE:AR) last announced its quarterly earnings results on Wednesday, July 31st. The oil and natural gas company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.04). Antero Resources had a net margin of 1.88% and a return on equity of 0.45%. The business had revenue of $978.65 million during the quarter, compared to the consensus estimate of $980.20 million. On average, analysts expect that Antero Resources Co. will post 0.34 earnings per share for the current fiscal year.

Insider Transactions at Antero Resources

In related news, insider Yvette K. Schultz sold 50,000 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $25.24, for a total transaction of $1,262,000.00. Following the sale, the insider now owns 248,363 shares in the company, valued at approximately $6,268,682.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.70% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on AR. Roth Capital upgraded shares of Antero Resources to a “strong-buy” rating in a research note on Tuesday, August 27th. Jefferies Financial Group upped their price objective on Antero Resources from $40.00 to $41.00 and gave the stock a “buy” rating in a research note on Thursday, July 11th. Wells Fargo & Company decreased their target price on Antero Resources from $38.00 to $34.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 14th. JPMorgan Chase & Co. dropped their price target on Antero Resources from $37.00 to $30.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Scotiabank raised shares of Antero Resources from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $40.00 to $44.00 in a report on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.40.

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.