Antero Resources Corporation (AR) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its stake in shares of Antero Resources Corporation (NYSE:AR) by 15,715.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,916,259 shares of the oil and natural gas company’s stock after purchasing an additional 2,897,820 shares during the period. Janus Henderson Group PLC owned about 0.92% of Antero Resources Corporation worth $63,020,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Antero Resources Corporation by 6.5% during the second quarter. Vanguard Group Inc. now owns 17,760,019 shares of the oil and natural gas company’s stock valued at $383,794,000 after purchasing an additional 1,091,065 shares in the last quarter. BlackRock Inc. lifted its stake in Antero Resources Corporation by 18.7% in the second quarter. BlackRock Inc. now owns 10,146,431 shares of the oil and natural gas company’s stock valued at $219,264,000 after acquiring an additional 1,595,558 shares during the last quarter. Sound Shore Management Inc. CT lifted its stake in Antero Resources Corporation by 22.0% in the second quarter. Sound Shore Management Inc. CT now owns 9,406,400 shares of the oil and natural gas company’s stock valued at $203,272,000 after acquiring an additional 1,697,858 shares during the last quarter. State Street Corp lifted its stake in Antero Resources Corporation by 21.4% in the first quarter. State Street Corp now owns 7,208,698 shares of the oil and natural gas company’s stock valued at $164,429,000 after acquiring an additional 1,271,005 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC lifted its stake in Antero Resources Corporation by 19.7% in the second quarter. Thompson Siegel & Walmsley LLC now owns 6,671,696 shares of the oil and natural gas company’s stock valued at $144,176,000 after acquiring an additional 1,096,317 shares during the last quarter. 93.59% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Antero Resources Corporation (NYSE AR) opened at 20.44 on Friday. The company has a market cap of $6.45 billion, a price-to-earnings ratio of 475.35 and a beta of 0.96. The stock has a 50 day moving average of $20.06 and a 200 day moving average of $20.85. Antero Resources Corporation has a 12-month low of $18.23 and a 12-month high of $28.10.

Antero Resources Corporation (NYSE:AR) last released its quarterly earnings results on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.01). The firm had revenue of $736.00 million for the quarter, compared to the consensus estimate of $778.55 million. Antero Resources Corporation had a return on equity of 1.44% and a net margin of 0.48%. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.14 earnings per share. On average, equities analysts expect that Antero Resources Corporation will post $0.30 earnings per share for the current fiscal year.

In other news, insider K. Phil Yoo sold 3,785 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $20.55, for a total transaction of $77,781.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 9.20% of the company’s stock.

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AR has been the subject of a number of analyst reports. KeyCorp reiterated a “buy” rating and issued a $33.00 target price on shares of Antero Resources Corporation in a research note on Sunday, September 3rd. Scotiabank set a $27.00 target price on shares of Antero Resources Corporation and gave the company a “buy” rating in a research note on Saturday, July 1st. Cowen and Company reiterated a “hold” rating and issued a $25.00 target price on shares of Antero Resources Corporation in a research note on Tuesday, September 12th. Robert W. Baird reiterated a “buy” rating and issued a $38.00 target price on shares of Antero Resources Corporation in a research note on Sunday, September 10th. Finally, Citigroup Inc. reduced their target price on shares of Antero Resources Corporation from $34.00 to $27.00 and set a “buy” rating for the company in a research note on Friday, July 21st. One research analyst has rated the stock with a sell rating, ten have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $28.78.

Antero Resources Corporation Profile

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

Institutional Ownership by Quarter for Antero Resources Corporation (NYSE:AR)

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