Thompson Siegel & Walmsley LLC Buys 2,326,187 Shares of Antero Resources Corporation (AR)

Thompson Siegel & Walmsley LLC increased its stake in shares of Antero Resources Corporation (NYSE:AR) by 275.6% during the fourth quarter, Holdings Channel reports. The firm owned 3,170,136 shares of the company’s stock after buying an additional 2,326,187 shares during the period. Antero Resources Corporation comprises about 1.0% of Thompson Siegel & Walmsley LLC’s investment portfolio, making the stock its 25th largest position. Thompson Siegel & Walmsley LLC owned 1.01% of Antero Resources Corporation worth $74,973,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Cohen & Steers Inc. acquired a new position in Antero Resources Corporation during the second quarter valued at about $187,000. Metropolitan Life Insurance Co. NY boosted its position in Antero Resources Corporation by 138.8% in the second quarter. Metropolitan Life Insurance Co. NY now owns 4,853 shares of the company’s stock valued at $126,000 after buying an additional 2,821 shares during the last quarter. Deprince Race & Zollo Inc. acquired a new position in Antero Resources Corporation during the third quarter valued at about $202,000. Bourgeon Capital Management LLC acquired a new position in Antero Resources Corporation during the third quarter valued at about $225,000. Finally, Shell Asset Management Co. boosted its position in Antero Resources Corporation by 75.7% in the third quarter. Shell Asset Management Co. now owns 8,688 shares of the company’s stock valued at $234,000 after buying an additional 3,742 shares during the last quarter. Hedge funds and other institutional investors own 86.83% of the company’s stock.

Institutional Ownership by Quarter for Antero Resources Corporation (NYSE:AR)

Shares of Antero Resources Corporation (NYSE:AR) traded up 2.57% during mid-day trading on Tuesday, reaching $25.56. The company had a trading volume of 2,591,573 shares. The company’s 50-day moving average is $25.00 and its 200 day moving average is $25.91. The stock’s market capitalization is $8.02 billion. Antero Resources Corporation has a 52-week low of $21.45 and a 52-week high of $30.66.

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Several brokerages have recently commented on AR. Scotiabank reissued a “buy” rating and set a $34.00 price target on shares of Antero Resources Corporation in a research note on Monday, February 6th. Zacks Investment Research lowered Antero Resources Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, October 27th. Raymond James Financial, Inc. raised Antero Resources Corporation from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $33.00 to $38.00 in a research note on Tuesday, January 3rd. Piper Jaffray Companies raised Antero Resources Corporation from a “neutral” rating to an “overweight” rating and set a $32.00 price target on the stock in a research note on Friday, January 13th. Finally, Susquehanna Bancshares Inc raised Antero Resources Corporation from a “neutral” rating to a “positive” rating and set a $35.00 price target on the stock in a research note on Friday, October 28th. Ten research analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $32.29.

In related news, insider Alvyn A. Schopp sold 40,000 shares of the firm’s stock in a transaction dated Thursday, December 8th. The shares were sold at an average price of $26.70, for a total transaction of $1,068,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider K. Phil Yoo sold 2,000 shares of the firm’s stock in a transaction dated Thursday, January 5th. The stock was sold at an average price of $25.00, for a total transaction of $50,000.00. The disclosure for this sale can be found here. 10.80% of the stock is owned by corporate insiders.

Antero Resources Corporation Company Profile

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs, and oil; gathering and compression; water handling and treatment, and marketing of excess firm transportation capacity.

5 Day Chart for NYSE:AR

Want to see what other hedge funds are holding AR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Antero Resources Corporation (NYSE:AR).

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