Antero Resources Co. (NYSE:AR) Shares Sold by De Lisle Partners LLP

De Lisle Partners LLP reduced its stake in shares of Antero Resources Co. (NYSE:AR) by 23.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,000 shares of the oil and natural gas company’s stock after selling 15,000 shares during the quarter. De Lisle Partners LLP’s holdings in Antero Resources were worth $1,433,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of AR. UMB Bank n.a. increased its stake in Antero Resources by 357.3% during 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 position in shares of Antero Resources during the third quarter valued at approximately $45,000. Mattson Financial Services LLC acquired a new stake in Antero Resources in the second quarter worth approximately $64,000. GAMMA Investing LLC lifted its holdings in shares of Antero Resources by 27.8% in the second quarter. GAMMA Investing LLC now owns 3,012 shares of the oil and natural gas company’s stock valued at $98,000 after buying an additional 655 shares during the period. Finally, Innealta Capital LLC acquired a new position in shares of Antero Resources in the 2nd quarter worth $137,000. Institutional investors and hedge funds own 83.04% of the company’s stock.

Antero Resources Stock Performance

Shares of AR opened at $32.48 on Thursday. The company has a market capitalization of $10.11 billion, a PE ratio of 232.00 and a beta of 3.36. 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 one year low of $20.10 and a one year high of $36.28. The company’s fifty day moving average price is $28.95 and its 200 day moving average price is $29.98.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on AR shares. Scotiabank upgraded Antero Resources from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $40.00 to $44.00 in a research report on Tuesday, August 20th. Bank of America assumed coverage on shares of Antero Resources in a research note on Monday, October 28th. They issued a “buy” rating and a $36.00 price objective on the stock. Truist Financial decreased their target price on shares of Antero Resources from $29.00 to $28.00 and set a “hold” rating for the company in a research note on Monday, September 30th. UBS Group dropped their price target on shares of Antero Resources from $33.00 to $31.00 and set a “neutral” rating on the stock in a research note on Monday, November 4th. Finally, StockNews.com upgraded Antero Resources to a “sell” rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Antero Resources presently has a consensus rating of “Moderate Buy” and a consensus price target 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.