Miller Howard Investments Inc. NY Sells 6,357 Shares of Antero Resources Co. (NYSE:AR)

Miller Howard Investments Inc. NY lessened its position in shares of Antero Resources Co. (NYSE:AR) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 140,232 shares of the oil and natural gas company’s stock after selling 6,357 shares during the period. Miller Howard Investments Inc. NY’s holdings in Antero Resources were worth $4,915,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of Antero Resources by 1.3% in the third quarter. Geode Capital Management LLC now owns 4,852,246 shares of the oil and natural gas company’s stock valued at $139,054,000 after buying an additional 61,490 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Antero Resources by 4.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,664,628 shares of the oil and natural gas company’s stock valued at $76,342,000 after acquiring an additional 122,815 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Antero Resources by 83.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 26,467 shares of the oil and natural gas company’s stock valued at $928,000 after acquiring an additional 12,062 shares during the period. Capital CS Group LLC acquired a new stake in shares of Antero Resources during the 4th quarter worth $615,000. Finally, Franklin Resources Inc. increased its position in shares of Antero Resources by 40.6% in the third quarter. Franklin Resources Inc. now owns 756,128 shares of the oil and natural gas company’s stock worth $21,209,000 after purchasing an additional 218,517 shares during the period. Institutional investors and hedge funds own 83.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AR shares. StockNews.com raised shares of Antero Resources to a “sell” rating in a report on Thursday, January 16th. Benchmark reaffirmed a “hold” rating on shares of Antero Resources in a research note on Friday, January 17th. Raymond James lifted their price target on shares of Antero Resources from $44.00 to $60.00 and gave the company a “strong-buy” rating in a report on Thursday, January 23rd. Mizuho increased their price objective on shares of Antero Resources from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. Finally, Citigroup boosted their target price on shares of Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned 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 an average rating of “Moderate Buy” and a consensus price target of $39.00.

Antero Resources Stock Down 1.1 %

Antero Resources stock opened at $37.88 on Friday. The firm has a market cap of $11.79 billion, a price-to-earnings ratio of 270.54 and a beta of 3.33. Antero Resources Co. has a 52-week low of $20.56 and a 52-week high of $41.53. 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 50 day moving average price of $35.61 and a two-hundred day moving average price of $30.83.

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.