S&CO Inc. Increases Position in Antero Resources Co. (NYSE:AR)

S&CO Inc. lifted its position in shares of Antero Resources Co. (NYSE:AR) by 30.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 278,228 shares of the oil and natural gas company’s stock after buying an additional 65,060 shares during the period. S&CO Inc. owned 0.09% of Antero Resources worth $7,971,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. UMB Bank n.a. grew its holdings in Antero Resources by 357.3% during the 3rd quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company’s stock valued at $25,000 after purchasing an additional 686 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Antero Resources by 1,311.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 960 shares of the oil and natural gas company’s stock valued at $28,000 after acquiring an additional 892 shares during the last quarter. Capital Performance Advisors LLP bought a new position in Antero Resources during the 3rd quarter valued at $45,000. Mattson Financial Services LLC bought a new position in Antero Resources during the 2nd quarter valued at $64,000. Finally, GAMMA Investing LLC lifted its position in shares of Antero Resources by 27.8% in the 2nd quarter. GAMMA Investing LLC now owns 3,012 shares of the oil and natural gas company’s stock worth $98,000 after buying an additional 655 shares during the last quarter. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on AR shares. BMO Capital Markets raised their price target on shares of Antero Resources from $33.00 to $34.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Citigroup assumed coverage on shares of Antero Resources in a research report on Tuesday, September 17th. They issued a “neutral” rating and a $29.00 price objective on the stock. Bank of America assumed coverage on shares of Antero Resources in a research note on Monday, October 28th. They set a “buy” rating and a $36.00 target price on the stock. Roth Mkm assumed coverage on shares of Antero Resources in a research note on Tuesday, August 27th. They set a “buy” rating and a $32.00 target price on the stock. Finally, Roth Capital raised shares of Antero Resources to a “strong-buy” rating in a research note on Tuesday, August 27th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Antero Resources currently has a consensus rating of “Moderate Buy” and an average price target of $32.83.

Antero Resources Trading Up 0.3 %

Shares of AR stock opened at $30.49 on Friday. Antero Resources Co. has a 1 year low of $20.10 and a 1 year high of $36.28. The firm’s fifty day simple moving average is $28.01 and its 200 day simple moving average is $30.05. The firm has a market capitalization of $9.49 billion, a P/E ratio of 217.79 and a beta of 3.36. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23.

Antero Resources 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.