Antero Resources Corp (AR) Shares Bought by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. lifted its position in shares of Antero Resources Corp (NYSE:AR) by 3,683.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,392 shares of the oil and natural gas company’s stock after acquiring an additional 40,298 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in Antero Resources were worth $824,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Baupost Group LLC MA raised its holdings in Antero Resources by 12.9% in the 3rd quarter. Baupost Group LLC MA now owns 23,912,257 shares of the oil and natural gas company’s stock valued at $475,854,000 after acquiring an additional 2,741,261 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Antero Resources by 6.5% during the 2nd 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 buying an additional 1,091,065 shares during the period. BlackRock Inc. grew its stake in shares of Antero Resources by 18.7% during the 2nd quarter. BlackRock Inc. now owns 10,146,431 shares of the oil and natural gas company’s stock valued at $219,264,000 after buying an additional 1,595,558 shares during the period. Sound Shore Management Inc. CT grew its stake in shares of Antero Resources by 5.6% during the 3rd quarter. Sound Shore Management Inc. CT now owns 9,932,900 shares of the oil and natural gas company’s stock valued at $197,665,000 after buying an additional 526,500 shares during the period. Finally, State Street Corp grew its stake in shares of Antero Resources by 13.6% during the 2nd quarter. State Street Corp now owns 8,187,581 shares of the oil and natural gas company’s stock valued at $176,939,000 after buying an additional 978,883 shares during the period. 96.99% of the stock is currently owned by institutional investors and hedge funds.

Shares of Antero Resources Corp (AR) traded up $0.29 during trading hours on Friday, hitting $19.87. 2,456,172 shares of the company’s stock traded hands, compared to its average volume of 2,440,305. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $6,180.08, a price-to-earnings ratio of -17.28, a P/E/G ratio of 2.08 and a beta of 0.94. Antero Resources Corp has a 12 month low of $17.59 and a 12 month high of $26.60.

Antero Resources (NYSE:AR) last posted its quarterly earnings data on Wednesday, November 1st. The oil and natural gas company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The company had revenue of $775.30 million during the quarter, compared to the consensus estimate of $798.88 million. Antero Resources had a negative net margin of 12.82% and a positive return on equity of 0.78%. During the same quarter last year, the business earned $0.18 earnings per share. sell-side analysts anticipate that Antero Resources Corp will post -0.14 EPS for the current fiscal year.

Several analysts have recently issued reports on the stock. Stifel Nicolaus set a $21.00 price objective on shares of Antero Resources and gave the company a “hold” rating in a research note on Thursday, October 5th. Jefferies Group started coverage on shares of Antero Resources in a research report on Monday, October 9th. They set a “hold” rating and a $21.00 price target for the company. BMO Capital Markets reissued a “buy” rating on shares of Antero Resources in a research report on Friday, September 22nd. Howard Weil cut shares of Antero Resources from an “outperform” rating to a “sector perform” rating and set a $26.00 price objective for the company. in a research report on Thursday, September 21st. Finally, Robert W. Baird set a $38.00 price objective on shares of Antero Resources and gave the company a “buy” rating in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $25.61.

In related news, insider K. Phil Yoo sold 10,865 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $19.25, for a total value of $209,151.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kevin J. Kilstrom sold 82,760 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $19.99, for a total transaction of $1,654,372.40. The disclosure for this sale can be found here. Company insiders own 9.20% of the company’s stock.

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Antero Resources 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 (NYSE:AR)

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