Vontobel Holding Ltd. Purchases 2,522 Shares of Antero Resources Co. (NYSE:AR)

Vontobel Holding Ltd. boosted its position in Antero Resources Co. (NYSE:AR) by 11.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,737 shares of the oil and natural gas company’s stock after acquiring an additional 2,522 shares during the period. Vontobel Holding Ltd.’s holdings in Antero Resources were worth $867,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AR. Caprock Group LLC boosted its stake in Antero Resources by 0.6% during the fourth quarter. Caprock Group LLC now owns 58,401 shares of the oil and natural gas company’s stock worth $2,047,000 after acquiring an additional 374 shares in the last quarter. GAMMA Investing LLC boosted its stake in Antero Resources by 15.8% during the fourth quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company’s stock worth $107,000 after acquiring an additional 418 shares in the last quarter. Icon Wealth Advisors LLC boosted its stake in Antero Resources by 5.8% during the third quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the oil and natural gas company’s stock worth $242,000 after acquiring an additional 460 shares in the last quarter. Blue Trust Inc. boosted its stake in Antero Resources by 10.9% during the fourth quarter. Blue Trust Inc. now owns 5,316 shares of the oil and natural gas company’s stock worth $186,000 after acquiring an additional 521 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in Antero Resources by 59.6% during the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company’s stock worth $49,000 after acquiring an additional 523 shares in the last quarter. Institutional investors own 83.04% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on AR shares. The Goldman Sachs Group boosted their price objective on shares of Antero Resources from $39.00 to $44.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Raymond James lifted their target price on shares of Antero Resources from $44.00 to $60.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 23rd. StockNews.com raised shares of Antero Resources to a “sell” rating in a report on Thursday, February 13th. Benchmark reaffirmed a “hold” rating on shares of Antero Resources in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Antero Resources from $36.00 to $38.00 and gave the stock an “overweight” rating in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Antero Resources presently has a consensus rating of “Moderate Buy” and an average target price of $39.44.

Antero Resources Stock Performance

Shares of NYSE AR opened at $39.74 on Wednesday. The firm has a 50 day moving average of $36.78 and a 200 day moving average of $31.38. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $12.36 billion, a price-to-earnings ratio of 283.82 and a beta of 3.33. Antero Resources Co. has a 12-month low of $23.25 and a 12-month high of $41.53.

Antero Resources (NYSE:AR) last announced its earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.14. Antero Resources had a net margin of 1.03% and a negative return on equity of 0.59%. On average, research analysts anticipate that Antero Resources Co. will post -0.11 earnings per share for the current year.

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.