Antero Resources Co. (NYSE:AR) Shares Sold by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC lessened its position in Antero Resources Co. (NYSE:AR) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 830,532 shares of the oil and natural gas company’s stock after selling 19,939 shares during the quarter. Antero Resources comprises 5.9% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its 3rd largest position. Goehring & Rozencwajg Associates LLC owned 0.27% of Antero Resources worth $29,110,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Caprock Group LLC raised its holdings in shares of Antero Resources by 0.6% during the 4th 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 during the period. GAMMA Investing LLC raised 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 purchasing an additional 418 shares during the period. Icon Wealth Advisors LLC boosted its holdings in Antero Resources by 5.8% in the 3rd quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the oil and natural gas company’s stock valued at $242,000 after purchasing an additional 460 shares during the last quarter. Chickasaw Capital Management LLC grew its stake in shares of Antero Resources by 5.5% in the 3rd quarter. Chickasaw Capital Management LLC now owns 9,540 shares of the oil and natural gas company’s stock valued at $273,000 after buying an additional 500 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of Antero Resources by 10.9% during the 4th quarter. Blue Trust Inc. now owns 5,316 shares of the oil and natural gas company’s stock worth $186,000 after buying an additional 521 shares during the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

Antero Resources Trading Down 1.1 %

AR opened at $37.88 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. The stock has a market capitalization of $11.79 billion, a price-to-earnings ratio of 270.54 and a beta of 3.33. The business has a fifty day moving average price of $35.61 and a 200 day moving average price of $30.83. Antero Resources Co. has a 12 month low of $20.56 and a 12 month high of $41.53.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AR shares. Truist Financial upped their price objective on Antero Resources from $28.00 to $38.00 and gave the company a “hold” rating in a report on Monday, January 13th. UBS Group raised their price objective on Antero Resources from $35.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Wells Fargo & Company raised shares of Antero Resources from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $24.00 to $32.00 in a research report on Tuesday, December 17th. Bank of America began coverage on shares of Antero Resources in a research note on Monday, October 28th. They set a “buy” rating and a $36.00 target price for the company. Finally, Mizuho boosted their price target 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. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $39.00.

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.