As Antero Resources INC (AR) Stock Rose, Holder Warburg Pincus LLC Decreased Its Stake by $181.86 Million

April 16, 2018 - By Mona Holcomb

Antero Resources Corporation (NYSE:AR) LogoInvestors sentiment increased to 1.32 in Q4 2017. Its up 0.15, from 1.17 in 2017Q3. It increased, as 33 investors sold AR shares while 72 reduced holdings. 46 funds opened positions while 93 raised stakes. 282.31 million shares or 3.23% less from 291.74 million shares in 2017Q3 were reported. Hsbc Public Ltd Co reported 242,568 shares. Rafferty Asset Mgmt Ltd Liability has 29,603 shares. Cushing Asset Lp holds 0.01% in Antero Resources Corporation (NYSE:AR) or 17,000 shares. Proshare Advsrs Ltd Liability Corp accumulated 15,815 shares. Blackstone Group Inc Inc Limited Partnership, New York-based fund reported 21,149 shares. Ls Investment Lc reported 4,867 shares. Parallax Volatility Advisers Limited Partnership reported 0% stake. State Of Wisconsin Investment Board has 200,280 shares. Gsa Llp owns 12,834 shares. Group Inc One Trading Limited Partnership reported 21,312 shares or 0% of all its holdings. Dupont Mgmt Corp owns 0% invested in Antero Resources Corporation (NYSE:AR) for 9,500 shares. Sumitomo Mitsui accumulated 0.02% or 638,830 shares. Dekabank Deutsche Girozentrale reported 27,533 shares or 0% of all its holdings. The North Carolina-based Financial Bank Of America De has invested 0.01% in Antero Resources Corporation (NYSE:AR). Aqr Capital Mngmt Limited Liability Corp reported 69,264 shares.

Since March 2, 2018, it had 0 insider buys, and 1 insider sale for $50,000 activity.

Warburg Pincus Llc decreased its stake in Antero Resources Inc (AR) by 17.81% based on its latest 2017Q4 regulatory filing with the SEC. Warburg Pincus Llc sold 10.10M shares as the company’s stock rose 3.39% while stock markets declined. The hedge fund held 46.61 million shares of the oil & gas production company at the end of 2017Q4, valued at $885.57 million, down from 56.71 million at the end of the previous reported quarter. Warburg Pincus Llc who had been investing in Antero Resources Inc for a number of months, seems to be less bullish one the $6.52 billion market cap company. The stock decreased 0.53% or $0.11 during the last trading session, reaching $20.61. About 345,233 shares traded. Antero Resources Corporation (NYSE:AR) has declined 15.07% since April 16, 2017 and is downtrending. It has underperformed by 26.62% the S&P500.

Analysts await Antero Resources Corporation (NYSE:AR) to report earnings on May, 14. They expect $0.28 EPS, up 55.56 % or $0.10 from last year’s $0.18 per share. AR’s profit will be $88.63 million for 18.40 P/E if the $0.28 EPS becomes a reality. After $0.19 actual EPS reported by Antero Resources Corporation for the previous quarter, Wall Street now forecasts 47.37 % EPS growth.

Antero Resources Corporation (NYSE:AR) Ratings Coverage

Among 14 analysts covering Antero Resources (NYSE:AR), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Antero Resources had 23 analyst reports since October 18, 2017 according to SRatingsIntel. The stock of Antero Resources Corporation (NYSE:AR) has “Hold” rating given on Tuesday, February 6 by Stephens. The firm earned “Buy” rating on Wednesday, November 15 by Robert W. Baird. The firm has “Hold” rating given on Wednesday, October 18 by Cowen & Co. The firm has “Buy” rating given on Tuesday, January 16 by Robert W. Baird. The firm earned “Buy” rating on Monday, November 6 by BMO Capital Markets. Raymond James downgraded Antero Resources Corporation (NYSE:AR) on Monday, January 29 to “Outperform” rating. The stock of Antero Resources Corporation (NYSE:AR) has “Hold” rating given on Thursday, January 18 by Jefferies. As per Tuesday, December 19, the company rating was reinitiated by Robert W. Baird. On Wednesday, January 17 the stock rating was maintained by Susquehanna with “Buy”. The stock of Antero Resources Corporation (NYSE:AR) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, October 18.

Antero Resources Corporation (NYSE:AR) Ratings Chart

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