Russell Investments Group Ltd. lessened its position in Antero Resources Co. (NYSE:AR – Get Rating) by 25.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 128,950 shares of the oil and natural gas company's stock after selling 43,188 shares during the period. Russell Investments Group Ltd.'s holdings in Antero Resources were worth $3,936,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Total Clarity Wealth Management Inc. acquired a new position in Antero Resources during the 2nd quarter valued at about $31,000. BDO Wealth Advisors LLC acquired a new position in Antero Resources during the 2nd quarter valued at about $31,000. Riggs Asset Managment Co. Inc. increased its stake in Antero Resources by 63.5% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 1,040 shares of the oil and natural gas company's stock valued at $32,000 after buying an additional 404 shares during the period. CoreCap Advisors LLC acquired a new position in Antero Resources during the 2nd quarter valued at about $32,000. Finally, SeaCrest Wealth Management LLC acquired a new position in Antero Resources during the 2nd quarter valued at about $37,000. Institutional investors and hedge funds own 77.78% of the company's stock.

Antero Resources Stock Performance

AR stock opened at $27.48 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.38 and a current ratio of 0.38. The stock has a market cap of $8.25 billion, a P/E ratio of 4.46 and a beta of 3.46. The firm has a 50 day simple moving average of $31.22 and a 200 day simple moving average of $34.95. Antero Resources Co. has a 52 week low of $18.94 and a 52 week high of $48.80.

Wall Street Analysts Forecast Growth

Insider Buying and Selling

In related news, Director W Howard Keenan, Jr. sold 220,245 shares of the firm's stock in a transaction that occurred on Tuesday, December 6th. The shares were sold at an average price of $31.16, for a total transaction of $6,862,834.20. Following the completion of the sale, the director now directly owns 4,779,755 shares in the company, valued at $148,937,165.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 5.72% of the stock is currently owned by corporate insiders.

Antero Resources Company Profile

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Antero Resources Corp. is an independent oil and natural gas company, which engages in the development, production, exploration and acquisition of natural gas. It operates through the Exploration and Production, Marketing, and Equity Method Investment in Antero Midstream Corporation. The Exploration and Production segment develops natural gas, NGLs and oil.

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