Clough Capital Partners L P Makes New Investment in Antero Resources Corporation $AR

Clough Capital Partners L P acquired a new position in shares of Antero Resources Corporation (NYSE:AR) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 343,821 shares of the oil and natural gas company’s stock, valued at approximately $11,848,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Goodman Financial Corp purchased a new stake in shares of Antero Resources in the third quarter valued at about $14,791,000. WINTON GROUP Ltd boosted its holdings in shares of Antero Resources by 201.6% in the third quarter. WINTON GROUP Ltd now owns 68,884 shares of the oil and natural gas company’s stock valued at $2,312,000 after acquiring an additional 46,045 shares in the last quarter. Brandywine Global Investment Management LLC boosted its holdings in shares of Antero Resources by 77.8% in the fourth quarter. Brandywine Global Investment Management LLC now owns 215,470 shares of the oil and natural gas company’s stock valued at $7,425,000 after acquiring an additional 94,260 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of Antero Resources by 56.9% in the third quarter. Intech Investment Management LLC now owns 406,900 shares of the oil and natural gas company’s stock valued at $13,656,000 after acquiring an additional 147,571 shares in the last quarter. Finally, Lighthouse Investment Partners LLC boosted its holdings in shares of Antero Resources by 213.9% in the third quarter. Lighthouse Investment Partners LLC now owns 300,000 shares of the oil and natural gas company’s stock valued at $10,068,000 after acquiring an additional 204,420 shares in the last quarter. 83.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on AR shares. UBS Group boosted their price objective on shares of Antero Resources from $54.00 to $56.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Barclays boosted their price objective on shares of Antero Resources from $41.00 to $43.00 and gave the stock an “equal weight” rating in a report on Monday, March 16th. Citigroup boosted their price objective on shares of Antero Resources from $39.00 to $53.00 and gave the stock a “buy” rating in a report on Tuesday, March 31st. Bank of America boosted their price objective on shares of Antero Resources from $39.00 to $44.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Mizuho boosted their price objective on shares of Antero Resources from $50.00 to $54.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Four research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Antero Resources presently has an average rating of “Moderate Buy” and a consensus price target of $50.06.

Antero Resources Stock Performance

Shares of AR stock opened at $33.90 on Thursday. Antero Resources Corporation has a one year low of $29.10 and a one year high of $45.75. 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 has a 50 day moving average price of $36.87 and a 200 day moving average price of $36.46. The firm has a market capitalization of $10.50 billion, a price-to-earnings ratio of 11.01 and a beta of 0.33.

Insider Activity at Antero Resources

In other Antero Resources news, insider Michael N. Kennedy sold 185,826 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $39.33, for a total transaction of $7,308,536.58. Following the completion of the sale, the insider directly owned 1,085,192 shares in the company, valued at $42,680,601.36. The trade was a 14.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yvette K. Schultz sold 39,490 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $39.27, for a total transaction of $1,550,772.30. Following the sale, the insider owned 277,665 shares of the company’s stock, valued at approximately $10,903,904.55. This represents a 12.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.10% of the stock is owned by insiders.

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.