Daiwa Securities Group Inc. Has $1.83 Million Holdings in Antero Resources Co. (NYSE:AR)

Daiwa Securities Group Inc. lessened its stake in Antero Resources Co. (NYSE:AR) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,934 shares of the oil and natural gas company’s stock after selling 813 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Antero Resources were worth $1,832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pitcairn Co. increased its position in Antero Resources by 9.1% in the 3rd quarter. Pitcairn Co. now owns 25,096 shares of the oil and natural gas company’s stock valued at $719,000 after acquiring an additional 2,088 shares in the last quarter. Algert Global LLC increased its position in Antero Resources by 1.5% in the 3rd quarter. Algert Global LLC now owns 178,885 shares of the oil and natural gas company’s stock valued at $5,125,000 after acquiring an additional 2,710 shares in the last quarter. Cerity Partners LLC increased its position in Antero Resources by 62.7% in the 3rd quarter. Cerity Partners LLC now owns 281,246 shares of the oil and natural gas company’s stock valued at $8,058,000 after acquiring an additional 108,373 shares in the last quarter. Citigroup Inc. increased its position in Antero Resources by 15.9% in the 3rd quarter. Citigroup Inc. now owns 178,053 shares of the oil and natural gas company’s stock valued at $5,101,000 after acquiring an additional 24,455 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Antero Resources by 1.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,929,424 shares of the oil and natural gas company’s stock valued at $55,278,000 after acquiring an additional 27,617 shares in the last quarter. 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 Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. Antero Resources Co. has a twelve month low of $20.10 and a twelve month high of $36.28. The firm’s 50 day moving average price is $29.06 and its two-hundred day moving average price is $30.00. The firm has a market cap of $10.11 billion, a P/E ratio of 232.00 and a beta of 3.36.

Wall Street Analyst Weigh In

AR has been the topic of several recent research reports. Roth Mkm initiated coverage on shares of Antero Resources in a research note on Tuesday, August 27th. They issued a “buy” rating and a $32.00 target price on the stock. Citigroup initiated coverage on shares of Antero Resources in a research note on Tuesday, September 17th. They issued a “neutral” rating and a $29.00 target price on the stock. Barclays reduced their target price on shares of Antero Resources from $32.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 3rd. StockNews.com raised shares of Antero Resources to a “sell” rating in a research note on Friday, November 1st. Finally, The Goldman Sachs Group reduced their target price on shares of Antero Resources from $36.00 to $32.00 and set a “buy” rating on the stock in a research note on Friday, September 6th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Antero Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.50.

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.