25,000 Shares in Antero Resources Corporation $AR Bought by Manatuck Hill Partners LLC

Manatuck Hill Partners LLC purchased a new position in shares of Antero Resources Corporation (NYSE:AR) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,000 shares of the oil and natural gas company’s stock, valued at approximately $878,000.

A number of other large investors have also recently added to or reduced their stakes in AR. Eastern Bank acquired a new position in shares of Antero Resources during the 2nd quarter worth about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Antero Resources in the 2nd quarter valued at about $29,000. Sunbelt Securities Inc. acquired a new stake in Antero Resources in the 3rd quarter valued at about $30,000. Rakuten Securities Inc. bought a new position in Antero Resources during the second quarter worth about $31,000. Finally, IFP Advisors Inc grew its holdings in Antero Resources by 59.2% during the third quarter. IFP Advisors Inc now owns 928 shares of the oil and natural gas company’s stock worth $31,000 after purchasing an additional 345 shares during the period. Institutional investors and hedge funds own 83.04% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on AR shares. Wolfe Research restated an “outperform” rating and issued a $48.00 price objective on shares of Antero Resources in a research note on Thursday, July 30th. Mizuho lifted their target price on Antero Resources from $54.00 to $57.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. UBS Group boosted their target price on Antero Resources from $50.00 to $52.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Texas Capital raised Antero Resources to a “strong-buy” rating in a report on Thursday, June 25th. Finally, Morgan Stanley restated an “overweight” rating and issued a $49.00 price target on shares of Antero Resources in a research note on Wednesday, August 19th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Antero Resources currently has an average rating of “Moderate Buy” and an average price target of $48.31.

Antero Resources Trading Down 0.1%

Shares of AR stock opened at $37.87 on Wednesday. The firm has a 50 day moving average price of $35.23 and a two-hundred day moving average price of $36.79. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $11.64 billion, a PE ratio of 10.88 and a beta of 0.34. Antero Resources Corporation has a 12-month low of $29.10 and a 12-month high of $45.75.

Antero Resources Profile

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.