Thompson Siegel & Walmsley LLC Purchases 5,932 Shares of Antero Resources Co. (NYSE:AR)

Thompson Siegel & Walmsley LLC increased its position in Antero Resources Co. (NYSE:AR) by 2.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 221,736 shares of the oil and natural gas company’s stock after purchasing an additional 5,932 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.07% of Antero Resources worth $6,353,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AR. Chickasaw Capital Management LLC raised its position in Antero Resources by 5.5% in the 3rd quarter. Chickasaw Capital Management LLC now owns 9,540 shares of the oil and natural gas company’s stock valued at $273,000 after buying an additional 500 shares during the last quarter. Confluence Investment Management LLC raised its position in Antero Resources by 3.4% in the 2nd quarter. Confluence Investment Management LLC now owns 18,499 shares of the oil and natural gas company’s stock valued at $604,000 after buying an additional 616 shares during the last quarter. GAMMA Investing LLC raised its position in Antero Resources by 27.8% in the 2nd 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 last quarter. Wedmont Private Capital raised its position in Antero Resources by 4.2% in the 3rd quarter. Wedmont Private Capital now owns 16,906 shares of the oil and natural gas company’s stock valued at $505,000 after buying an additional 681 shares during the last quarter. Finally, UMB Bank n.a. raised its position in 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 last quarter. 83.04% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AR has been the subject of a number of analyst reports. Citigroup began coverage on Antero Resources in a research report on Tuesday, September 17th. They issued a “neutral” rating and a $29.00 price target for the company. Truist Financial decreased their target price on Antero Resources from $29.00 to $28.00 and set a “hold” rating for the company in a research report on Monday, September 30th. Wolfe Research raised Antero Resources from a “peer perform” rating to an “outperform” rating and set a $37.00 target price for the company in a research report on Wednesday, September 11th. The Goldman Sachs Group decreased their target price on Antero Resources from $36.00 to $32.00 and set a “buy” rating for the company in a research report on Friday, September 6th. Finally, Raymond James raised their target price on Antero Resources from $34.00 to $44.00 and gave the company a “strong-buy” rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.50.

Antero Resources Stock Up 0.7 %

Shares of NYSE AR opened at $33.40 on Friday. Antero Resources Co. has a 52 week low of $20.10 and a 52 week high of $36.28. The business has a 50-day simple moving average of $28.55 and a two-hundred day simple moving average of $30.06. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. The company has a market cap of $10.39 billion, a P/E ratio of 238.57 and a beta of 3.36.

About Antero Resources

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.