World Investment Advisors LLC Invests $210,000 in Antero Resources Co. (NYSE:AR)

World Investment Advisors LLC purchased a new stake in Antero Resources Co. (NYSE:AR) during the 3rd quarter, HoldingsChannel reports. The fund purchased 7,339 shares of the oil and natural gas company’s stock, valued at approximately $210,000.

A number of other large investors have also recently bought and sold shares of AR. UMB Bank n.a. boosted its stake in shares of Antero Resources by 357.3% in the 3rd quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company’s stock valued at $25,000 after purchasing an additional 686 shares in the last quarter. True Wealth Design LLC acquired a new stake in shares of Antero Resources during the 3rd quarter worth about $30,000. Capital Performance Advisors LLP bought a new position in Antero Resources during the 3rd quarter valued at about $45,000. Mattson Financial Services LLC acquired a new position in Antero Resources in the second quarter valued at about $64,000. Finally, Signaturefd LLC grew its stake in Antero Resources by 19.9% during the third quarter. Signaturefd LLC now owns 4,222 shares of the oil and natural gas company’s stock worth $121,000 after buying an additional 702 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors.

Antero Resources Trading Up 1.0 %

Shares of NYSE AR opened at $30.86 on Friday. Antero Resources Co. has a fifty-two week low of $20.56 and a fifty-two week high of $36.28. The firm has a market capitalization of $9.60 billion, a P/E ratio of 220.43 and a beta of 3.42. 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 company’s 50 day simple moving average is $30.04 and its 200 day simple moving average is $29.75.

Wall Street Analyst Weigh In

AR has been the subject of a number of research analyst reports. Barclays cut their target price on shares of Antero Resources from $32.00 to $30.00 and set an “equal weight” rating for the company in a research note on Thursday, October 3rd. Mizuho lifted their price objective on Antero Resources from $35.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday. The Goldman Sachs Group decreased their target price on Antero Resources from $36.00 to $32.00 and set a “buy” rating on the stock in a report on Friday, September 6th. StockNews.com raised Antero Resources to a “sell” rating in a report on Friday, November 1st. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Antero Resources from $37.00 to $30.00 and set an “overweight” rating on the stock in a report on Thursday, September 12th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $34.78.

Antero Resources Profile

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.