Mariner Investment Group LLC Boosts Stake in Antero Resources Co. (NYSE:AR)

Mariner Investment Group LLC grew its stake in shares of Antero Resources Co. (NYSE:AR) by 100.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 30,000 shares of the oil and natural gas company’s stock after acquiring an additional 15,000 shares during the quarter. Antero Resources accounts for 0.2% of Mariner Investment Group LLC’s portfolio, making the stock its 19th largest position. Mariner Investment Group LLC’s holdings in Antero Resources were worth $1,052,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in AR. GAMMA Investing LLC boosted its position in Antero Resources by 15.8% during the fourth quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company’s stock worth $107,000 after acquiring an additional 418 shares during the last quarter. Icon Wealth Advisors LLC boosted its holdings in shares of Antero Resources by 5.8% during the third quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the oil and natural gas company’s stock worth $242,000 after purchasing an additional 460 shares during the last quarter. Chickasaw Capital Management LLC boosted its holdings in shares of Antero Resources by 5.5% during the third quarter. Chickasaw Capital Management LLC now owns 9,540 shares of the oil and natural gas company’s stock worth $273,000 after purchasing an additional 500 shares during the last quarter. Blue Trust Inc. grew its position in shares of Antero Resources by 10.9% in the fourth quarter. Blue Trust Inc. now owns 5,316 shares of the oil and natural gas company’s stock valued at $186,000 after purchasing an additional 521 shares during the period. Finally, UMB Bank n.a. increased its stake in Antero Resources by 59.6% in the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company’s stock valued at $49,000 after purchasing an additional 523 shares during the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AR has been the subject of several recent analyst reports. Benchmark restated a “hold” rating on shares of Antero Resources in a report on Friday, January 17th. Mizuho boosted their target price on shares of Antero Resources from $35.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, December 16th. JPMorgan Chase & Co. increased their price target on shares of Antero Resources from $36.00 to $38.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 14th. The Goldman Sachs Group lifted their price target on shares of Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a report on Thursday. Finally, Citigroup upped their price objective on Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Antero Resources presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.63.

Antero Resources Price Performance

Shares of AR stock opened at $40.14 on Monday. Antero Resources Co. has a twelve month low of $20.56 and a twelve month high of $41.53. The company has a market capitalization of $12.49 billion, a PE ratio of 286.69 and a beta of 3.37. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. The firm has a fifty day simple moving average of $34.59 and a 200-day simple moving average of $30.34.

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.