Thompson Siegel & Walmsley LLC Sells 136,914 Shares of Antero Resources Co. (NYSE:AR)

Thompson Siegel & Walmsley LLC reduced its position in Antero Resources Co. (NYSE:AR) by 38.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 215,804 shares of the oil and natural gas company’s stock after selling 136,914 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.07% of Antero Resources worth $7,042,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its holdings in shares of Antero Resources by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,782,069 shares of the oil and natural gas company’s stock valued at $40,417,000 after purchasing an additional 59,995 shares during the last quarter. Teacher Retirement System of Texas grew its stake in shares of Antero Resources by 13.1% during the fourth quarter. Teacher Retirement System of Texas now owns 40,755 shares of the oil and natural gas company’s stock valued at $924,000 after buying an additional 4,732 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Antero Resources in the fourth quarter worth about $707,000. Dimensional Fund Advisors LP lifted its stake in shares of Antero Resources by 28.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,659,033 shares of the oil and natural gas company’s stock valued at $128,352,000 after acquiring an additional 1,253,510 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in Antero Resources by 71.8% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 29,398 shares of the oil and natural gas company’s stock valued at $667,000 after acquiring an additional 12,285 shares during the period. 83.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AR. Scotiabank raised Antero Resources from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $40.00 to $44.00 in a research note on Tuesday, August 20th. Wells Fargo & Company decreased their target price on shares of Antero Resources from $38.00 to $34.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 14th. Roth Capital raised shares of Antero Resources to a “strong-buy” rating in a research report on Tuesday, August 27th. The Goldman Sachs Group decreased their price objective on shares of Antero Resources from $36.00 to $32.00 and set a “buy” rating on the stock in a research report on Friday, September 6th. Finally, Wolfe Research raised shares of Antero Resources from a “peer perform” rating to an “outperform” rating and set a $37.00 price objective for the company in a research note on Wednesday, September 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.40.

Antero Resources Trading Down 0.3 %

AR opened at $26.49 on Monday. The stock has a market cap of $8.24 billion, a PE ratio of 132.45 and a beta of 3.33. The business has a 50 day moving average of $28.12 and a 200-day moving average of $30.19. Antero Resources Co. has a 52 week low of $20.10 and a 52 week high of $36.28. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.22.

Antero Resources (NYSE:AR) last announced its earnings results on Wednesday, July 31st. The oil and natural gas company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.04). The business had revenue of $978.65 million for the quarter, compared to the consensus estimate of $980.20 million. Antero Resources had a net margin of 1.88% and a return on equity of 0.45%. Equities research analysts predict that Antero Resources Co. will post 0.34 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Yvette K. Schultz sold 50,000 shares of Antero Resources stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $25.24, for a total transaction of $1,262,000.00. Following the completion of the transaction, the insider now directly owns 248,363 shares in the company, valued at $6,268,682.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 6.70% of the company’s stock.

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.