Entropy Technologies LP Takes Position in Antero Resources Co. (NYSE:AR)

Entropy Technologies LP purchased a new stake in shares of Antero Resources Co. (NYSE:AR) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 54,705 shares of the oil and natural gas company’s stock, valued at approximately $1,917,000.

Several other large investors have also added to or reduced their stakes in the stock. UMB Bank n.a. boosted its position in shares of Antero Resources by 357.3% during the third quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company’s stock valued at $25,000 after purchasing an additional 686 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new stake in shares of Antero Resources during the fourth quarter valued at approximately $28,000. True Wealth Design LLC bought a new stake in shares of Antero Resources in the 3rd quarter worth $30,000. Spire Wealth Management purchased a new position in Antero Resources in the 4th quarter worth about $31,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of Antero Resources during the third quarter valued at approximately $45,000. Institutional investors own 83.04% of the company’s stock.

Analyst Upgrades and Downgrades

AR has been the topic of a number of recent research reports. The Goldman Sachs Group increased their target price on Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Citigroup increased their price target on Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Mizuho boosted their target price on shares of Antero Resources from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, December 16th. UBS Group increased their price target on Antero Resources from $35.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. boosted 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 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 data from MarketBeat.com, Antero Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.

Antero Resources Stock Down 1.1 %

NYSE:AR opened at $37.88 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. Antero Resources Co. has a 1-year low of $20.56 and a 1-year high of $41.53. The company has a 50-day moving average of $35.61 and a 200 day moving average of $30.84. The firm has a market cap of $11.79 billion, a PE ratio of 270.54 and a beta of 3.33.

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.