Loomis Sayles & Co. L P Buys 11,512 Shares of Antero Resources Co. (NYSE:AR)

Loomis Sayles & Co. L P lifted its holdings in Antero Resources Co. (NYSE:AR) by 2.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 486,761 shares of the oil and natural gas company’s stock after acquiring an additional 11,512 shares during the quarter. Loomis Sayles & Co. L P’s holdings in Antero Resources were worth $13,946,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. UMB Bank n.a. increased its stake in shares of Antero Resources by 357.3% in the 3rd quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company’s stock valued at $25,000 after buying an additional 686 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of Antero Resources in the 3rd quarter valued at approximately $45,000. Mattson Financial Services LLC acquired a new stake in Antero Resources in the second quarter worth $64,000. GAMMA Investing LLC raised its stake in Antero Resources by 27.8% during the 2nd quarter. GAMMA Investing LLC now owns 3,012 shares of the oil and natural gas company’s stock worth $98,000 after buying an additional 655 shares during the period. Finally, Signaturefd LLC lifted its holdings in shares of Antero Resources by 19.9% during the 3rd quarter. Signaturefd LLC now owns 4,222 shares of the oil and natural gas company’s stock valued at $121,000 after purchasing an additional 702 shares in the last quarter. Institutional investors own 83.04% of the company’s stock.

Antero Resources Price Performance

Antero Resources stock opened at $33.09 on Wednesday. The company has a market capitalization of $10.30 billion, a price-to-earnings ratio of 236.36 and a beta of 3.36. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. Antero Resources Co. has a 12 month low of $20.10 and a 12 month high of $36.28. The stock’s 50 day moving average is $28.81 and its 200-day moving average is $29.99.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AR shares. Wells Fargo & Company decreased their price objective on Antero Resources from $25.00 to $24.00 and set an “underweight” rating for the company in a report on Friday, October 18th. Barclays decreased their price objective on Antero Resources from $32.00 to $30.00 and set an “equal weight” rating for the company in a report on Thursday, October 3rd. Truist Financial dropped their target price on Antero Resources from $29.00 to $28.00 and set a “hold” rating on the stock in a report on Monday, September 30th. Raymond James raised their price target on Antero Resources from $34.00 to $44.00 and gave the company a “strong-buy” rating in a research note on Thursday, November 21st. Finally, Mizuho dropped their price objective on Antero Resources from $37.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, September 16th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $33.50.

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.