State Street Corp Has $319.73 Million Holdings in Antero Resources Co. (NYSE:AR)

State Street Corp trimmed its position in Antero Resources Co. (NYSE:AR) by 1.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 11,159,999 shares of the oil and natural gas company’s stock after selling 115,886 shares during the period. State Street Corp owned 3.59% of Antero Resources worth $319,734,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vaughan Nelson Investment Management L.P. increased its position in shares of Antero Resources by 10.4% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 4,378,849 shares of the oil and natural gas company’s stock worth $125,452,000 after buying an additional 411,549 shares during the period. Merewether Investment Management LP boosted its position in Antero Resources by 4.6% during the second quarter. Merewether Investment Management LP now owns 2,943,948 shares of the oil and natural gas company’s stock valued at $96,061,000 after acquiring an additional 128,200 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Antero Resources by 4.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,664,628 shares of the oil and natural gas company’s stock worth $76,342,000 after acquiring an additional 122,815 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Antero Resources by 1.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,929,424 shares of the oil and natural gas company’s stock worth $55,278,000 after acquiring an additional 27,617 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Antero Resources by 36.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,747,304 shares of the oil and natural gas company’s stock valued at $50,060,000 after purchasing an additional 464,970 shares during the period. Institutional investors own 83.04% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. UBS Group boosted their price target on Antero Resources from $31.00 to $35.00 and gave the company a “neutral” rating in a research note on Monday. Mizuho dropped their target price on shares of Antero Resources from $37.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, September 16th. 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 report on Friday, October 4th. Wolfe Research upgraded shares of Antero Resources from a “peer perform” rating to an “outperform” rating and set a $37.00 price objective on the stock in a report on Wednesday, September 11th. Finally, The Goldman Sachs Group cut their price objective on shares of Antero Resources from $36.00 to $32.00 and set a “buy” rating on the stock in a research report on Friday, September 6th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Antero Resources presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.06.

Antero Resources Stock Performance

NYSE:AR opened at $31.05 on Wednesday. Antero Resources Co. has a 52-week low of $20.10 and a 52-week high of $36.28. The business’s fifty day moving average is $29.71 and its 200 day moving average is $29.82. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The firm has a market cap of $9.66 billion, a price-to-earnings ratio of 221.79 and a beta of 3.42.

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.