Fieldview Capital Management LLC Has $2.79 Million Stake in Antero Resources Corporation $AR

Fieldview Capital Management LLC increased its position in shares of Antero Resources Corporation (NYSE:AR) by 329.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 80,840 shares of the oil and natural gas company’s stock after purchasing an additional 62,010 shares during the period. Fieldview Capital Management LLC’s holdings in Antero Resources were worth $2,786,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Sunbelt Securities Inc. acquired a new position in shares of Antero Resources in the third quarter valued at $30,000. IFP Advisors Inc increased its holdings in shares of Antero Resources by 59.2% in the third quarter. IFP Advisors Inc now owns 928 shares of the oil and natural gas company’s stock valued at $31,000 after purchasing an additional 345 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Antero Resources in the fourth quarter valued at $41,000. Hilton Head Capital Partners LLC acquired a new position in shares of Antero Resources in the fourth quarter valued at $44,000. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Antero Resources in the fourth quarter valued at $45,000. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Antero Resources Trading Up 1.7%

AR stock opened at $34.80 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.40. The company’s 50-day simple moving average is $37.26 and its 200 day simple moving average is $36.46. Antero Resources Corporation has a 52 week low of $29.10 and a 52 week high of $45.75. The company has a market capitalization of $10.78 billion, a PE ratio of 11.30 and a beta of 0.33.

Insider Activity at Antero Resources

In related news, insider Yvette K. Schultz sold 39,490 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $39.27, for a total value of $1,550,772.30. Following the transaction, the insider directly owned 277,665 shares in the company, valued at approximately $10,903,904.55. This represents a 12.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Benjamin A. Hardesty sold 12,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $44.00, for a total transaction of $528,000.00. Following the completion of the transaction, the director owned 150,242 shares in the company, valued at $6,610,648. This trade represents a 7.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 237,316 shares of company stock worth $9,387,309. Corporate insiders own 4.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Truist Financial assumed coverage on shares of Antero Resources in a report on Tuesday, March 24th. They issued a “buy” rating and a $56.00 price objective on the stock. Weiss Ratings downgraded shares of Antero Resources from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 28th. Zacks Research downgraded shares of Antero Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Roth Mkm reiterated a “neutral” rating and issued a $38.00 price objective on shares of Antero Resources in a report on Thursday, April 30th. Finally, Barclays upped their price objective on shares of Antero Resources from $41.00 to $43.00 and gave the company an “equal weight” rating in a report on Monday, March 16th. Four equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $50.06.

About Antero Resources

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.