Global Retirement Partners LLC Has $187,000 Stake in Antero Resources Co. (NYSE:AR)

Global Retirement Partners LLC boosted its position in shares of Antero Resources Co. (NYSE:AR) by 7.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,323 shares of the oil and natural gas company’s stock after purchasing an additional 386 shares during the period. Global Retirement Partners LLC’s holdings in Antero Resources were worth $187,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Creative Planning grew its holdings in shares of Antero Resources by 8.6% during the third quarter. Creative Planning now owns 22,869 shares of the oil and natural gas company’s stock valued at $655,000 after buying an additional 1,813 shares in the last quarter. Signaturefd LLC boosted its position in Antero Resources by 19.9% during the 3rd quarter. Signaturefd LLC now owns 4,222 shares of the oil and natural gas company’s stock worth $121,000 after acquiring an additional 702 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Antero Resources by 94.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 23,769 shares of the oil and natural gas company’s stock valued at $681,000 after acquiring an additional 11,515 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Antero Resources by 7.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 34,067 shares of the oil and natural gas company’s stock valued at $976,000 after purchasing an additional 2,300 shares during the period. Finally, Deltec Asset Management LLC lifted its position in shares of Antero Resources by 4.9% in the third quarter. Deltec Asset Management LLC now owns 96,804 shares of the oil and natural gas company’s stock worth $2,773,000 after purchasing an additional 4,539 shares in the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Truist Financial boosted their price objective on shares of Antero Resources from $28.00 to $38.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Raymond James boosted 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. StockNews.com raised shares of Antero Resources to a “sell” rating in a research note on Thursday, February 13th. Benchmark reissued a “hold” rating on shares of Antero Resources in a research report on Friday, January 17th. Finally, Barclays upped their target price on Antero Resources from $36.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Antero Resources currently has a consensus rating of “Moderate Buy” and an average price target of $39.44.

Antero Resources Stock Performance

NYSE:AR opened at $37.36 on Wednesday. The firm has a market capitalization of $11.63 billion, a PE ratio of 116.75 and a beta of 3.33. Antero Resources Co. has a 1 year low of $24.53 and a 1 year high of $41.53. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.21. The firm’s fifty day simple moving average is $37.42 and its 200 day simple moving average is $31.84.

Antero Resources (NYSE:AR) last issued its quarterly 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 return on equity of 0.74% and a net margin of 2.31%. On average, sell-side analysts anticipate that Antero Resources Co. will post 2.74 EPS for the current year.

Insider Buying and Selling at Antero Resources

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total value of $7,952,000.00. Following the completion of the sale, the director now directly owns 1,800,000 shares of the company’s stock, valued at $71,568,000. This represents a 10.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 6.70% of the company’s stock.

About Antero Resources

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.