Yousif Capital Management LLC Sells 3,782 Shares of Antero Resources Co. (NYSE:AR)

Yousif Capital Management LLC lessened its stake in Antero Resources Co. (NYSE:AR) by 3.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,498 shares of the oil and natural gas company’s stock after selling 3,782 shares during the quarter. Yousif Capital Management LLC’s holdings in Antero Resources were worth $3,733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of AR. Caprock Group LLC increased its holdings in shares of Antero Resources by 0.6% in the fourth quarter. Caprock Group LLC now owns 58,401 shares of the oil and natural gas company’s stock valued at $2,047,000 after purchasing an additional 374 shares in the last quarter. GAMMA Investing LLC boosted its position in Antero Resources by 15.8% in the 4th quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company’s stock valued at $107,000 after buying an additional 418 shares during the last quarter. Icon Wealth Advisors LLC boosted its position in Antero Resources by 5.8% in the 3rd quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the oil and natural gas company’s stock valued at $242,000 after buying an additional 460 shares during the last quarter. Chickasaw Capital Management LLC raised its position 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 acquiring an additional 500 shares during the last quarter. Finally, Blue Trust Inc. raised its position in shares of Antero Resources by 10.9% during the fourth quarter. Blue Trust Inc. now owns 5,316 shares of the oil and natural gas company’s stock worth $186,000 after acquiring an additional 521 shares during the last quarter. 83.04% of the stock is owned by institutional investors.

Antero Resources Trading Down 1.1 %

NYSE:AR opened at $37.88 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. The business’s 50-day simple moving average is $35.61 and its 200-day simple moving average is $30.83. Antero Resources Co. has a fifty-two week low of $20.56 and a fifty-two week high of $41.53. The stock has a market capitalization of $11.79 billion, a PE ratio of 270.54 and a beta of 3.33.

Analysts Set New Price Targets

AR has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their price objective on Antero Resources from $36.00 to $38.00 and gave the stock an “overweight” rating in a research report 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 stock a “buy” rating in a research report on Thursday, January 23rd. Truist Financial increased their price objective on shares of Antero Resources from $28.00 to $38.00 and gave the company a “hold” rating in a report on Monday, January 13th. Citigroup lifted their target price on shares of Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. Finally, Raymond James increased their price target on Antero Resources from $44.00 to $60.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Antero Resources currently has a consensus rating of “Moderate Buy” and an average price target of $39.00.

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.