Mutual of America Capital Management LLC Has $5.42 Million Stake in Antero Resources Co. (NYSE:AR)

Mutual of America Capital Management LLC trimmed its position in Antero Resources Co. (NYSE:AR) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,508 shares of the oil and natural gas company’s stock after selling 3,492 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Antero Resources were worth $5,416,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Creative Planning raised its stake in Antero Resources by 8.6% during the third quarter. Creative Planning now owns 22,869 shares of the oil and natural gas company’s stock worth $655,000 after acquiring an additional 1,813 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Antero Resources by 94.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,769 shares of the oil and natural gas company’s stock worth $681,000 after acquiring an additional 11,515 shares in the last quarter. State of Alaska Department of Revenue raised its stake in Antero Resources by 7.2% during the third quarter. State of Alaska Department of Revenue now owns 34,067 shares of the oil and natural gas company’s stock worth $976,000 after acquiring an additional 2,300 shares in the last quarter. US Bancorp DE raised its stake in Antero Resources by 18.2% during the third quarter. US Bancorp DE now owns 134,629 shares of the oil and natural gas company’s stock worth $3,857,000 after acquiring an additional 20,777 shares in the last quarter. Finally, Mariner Investment Group LLC acquired a new position in Antero Resources during the third quarter worth $430,000. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Antero Resources Trading Down 1.2 %

Shares of NYSE AR opened at $36.25 on Tuesday. The company’s 50 day simple moving average is $37.83 and its 200 day simple moving average is $32.09. Antero Resources Co. has a fifty-two week low of $24.53 and a fifty-two week high of $41.53. The firm has a market capitalization of $11.28 billion, a P/E ratio of 113.28 and a beta of 3.33. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.35 and a quick ratio of 0.35.

Antero Resources (NYSE:AR) last announced its quarterly earnings data on Wednesday, February 12th. The oil and natural gas company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.14. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. On average, analysts predict that Antero Resources Co. will post 2.74 EPS for the current year.

Wall Street Analyst Weigh In

AR has been the subject of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on Antero Resources from $36.00 to $38.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 14th. Wells Fargo & Company upgraded Antero Resources from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $24.00 to $32.00 in a research note on Tuesday, December 17th. Benchmark reiterated a “hold” rating on shares of Antero Resources in a research note on Friday, January 17th. Citigroup increased their target price on Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. Finally, StockNews.com raised Antero Resources to a “sell” rating in a report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $39.44.

Insider Activity at Antero Resources

In other Antero Resources news, Director W Howard Keenan, Jr. sold 200,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $39.76, for a total value of $7,952,000.00. Following the sale, the director now directly owns 1,800,000 shares in the company, valued at approximately $71,568,000. This trade represents a 10.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 6.70% of the stock is currently owned by company insiders.

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.