Ellington Management Group LLC purchased a new stake in Antero Resources Corp (NYSE:AR) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 52,700 shares of the oil and natural gas company’s stock, valued at approximately $1,001,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Royal Bank of Canada lifted its stake in Antero Resources by 5.1% during the 2nd quarter. Royal Bank of Canada now owns 11,731 shares of the oil and natural gas company’s stock worth $254,000 after acquiring an additional 566 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Antero Resources by 8.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,442 shares of the oil and natural gas company’s stock worth $247,000 after acquiring an additional 855 shares in the last quarter. Swiss National Bank lifted its stake in Antero Resources by 0.4% during the 4th quarter. Swiss National Bank now owns 814,700 shares of the oil and natural gas company’s stock worth $15,479,000 after acquiring an additional 3,100 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Antero Resources by 8.0% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 43,283 shares of the oil and natural gas company’s stock worth $861,000 after acquiring an additional 3,199 shares in the last quarter. Finally, AMP Capital Investors Ltd lifted its stake in Antero Resources by 9.5% during the 3rd quarter. AMP Capital Investors Ltd now owns 42,524 shares of the oil and natural gas company’s stock worth $846,000 after acquiring an additional 3,685 shares in the last quarter. 94.31% of the stock is currently owned by hedge funds and other institutional investors.
In other news, insider K. Phil Yoo sold 2,500 shares of the stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of $20.00, for a total value of $50,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 9.20% of the company’s stock.
Antero Resources Corp (NYSE:AR) opened at $20.81 on Monday. Antero Resources Corp has a 1-year low of $16.31 and a 1-year high of $24.54. The company has a market capitalization of $6,586.87, a PE ratio of 94.59, a PEG ratio of 1.09 and a beta of 0.90. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.09 and a quick ratio of 1.09.
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About Antero Resources
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 processing; water handling and treatment, and marketing of excess firm transportation capacity.
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