Massachusetts Monetary Providers Co. MA lifted its place in Antero Assets Co. (NYSE:AR – Free Report) by 17.6% within the 2nd quarter, in accordance with the corporate in its most up-to-date submitting with the SEC. The institutional investor owned 2,541,813 shares of the oil and pure fuel firm’s inventory after buying an extra 381,310 shares throughout the quarter. Massachusetts Monetary Providers Co. MA owned roughly 0.82% of Antero Assets value $82,939,000 as of its most up-to-date submitting with the SEC.
A number of different hedge funds have additionally made modifications to their positions within the firm. Envestnet Asset Administration Inc. lifted its place in shares of Antero Assets by 87.7% within the 2nd quarter. Envestnet Asset Administration Inc. now owns 58,017 shares of the oil and pure fuel firm’s inventory valued at $1,893,000 after buying an extra 27,105 shares within the final quarter. William Blair Funding Administration LLC elevated its stake in Antero Assets by 52.0% within the 2nd quarter. William Blair Funding Administration LLC now owns 1,325,865 shares of the oil and pure fuel firm’s inventory valued at $43,263,000 after shopping for an extra 453,854 shares throughout the interval. NINE MASTS CAPITAL Ltd acquired a brand new place in Antero Assets within the 2nd quarter valued at roughly $392,000. Daiwa Securities Group Inc. elevated its stake in Antero Assets by 4.2% within the 2nd quarter. Daiwa Securities Group Inc. now owns 64,747 shares of the oil and pure fuel firm’s inventory valued at $2,113,000 after shopping for an extra 2,626 shares throughout the interval. Lastly, Caprock Group LLC acquired a brand new place in Antero Assets within the 2nd quarter valued at roughly $1,902,000. Hedge funds and different institutional buyers personal 83.04% of the corporate’s inventory.
Antero Assets Inventory Efficiency
NYSE:AR opened at $26.65 on Thursday. Antero Assets Co. has a 1 yr low of $20.10 and a 1 yr excessive of $36.28. The agency’s fifty day easy shifting common is $27.88 and its 200 day easy shifting common is $30.20. The corporate has a present ratio of 0.29, a fast ratio of 0.29 and a debt-to-equity ratio of 0.22. The agency has a market capitalization of $8.28 billion, a PE ratio of 133.25 and a beta of three.33.
Antero Assets (NYSE:AR – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, July thirty first. The oil and pure fuel firm reported ($0.24) earnings per share (EPS) for the quarter, lacking the consensus estimate of ($0.20) by ($0.04). The corporate had income of $978.65 million throughout the quarter, in comparison with analyst estimates of $980.20 million. Antero Assets had a return on fairness of 0.45% and a web margin of 1.88%. On common, sell-side analysts anticipate that Antero Assets Co. will publish 0.34 EPS for the present yr.
Insiders Place Their Bets
In different Antero Assets information, insider Yvette Okay. Schultz bought 50,000 shares of the agency’s inventory in a transaction on Monday, August fifth. The shares had been bought at a median value of $25.24, for a complete worth of $1,262,000.00. Following the sale, the insider now instantly owns 248,363 shares within the firm, valued at roughly $6,268,682.12. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible via the SEC web site. Firm insiders personal 6.70% of the corporate’s inventory.
Analysts Set New Worth Targets
AR has been the subject of a number of analysis studies. Roth Capital upgraded shares of Antero Assets to a “strong-buy” ranking in a analysis be aware on Tuesday, August twenty seventh. JPMorgan Chase & Co. dropped their value goal on shares of Antero Assets from $37.00 to $30.00 and set an “obese” ranking on the inventory in a analysis be aware on Thursday, September twelfth. Wells Fargo & Firm dropped their value goal on shares of Antero Assets from $38.00 to $34.00 and set an “obese” ranking on the inventory in a analysis be aware on Wednesday, August 14th. Scotiabank upgraded shares of Antero Assets from a “sector carry out” ranking to a “sector outperform” ranking and elevated their value goal for the inventory from $40.00 to $44.00 in a analysis be aware on Tuesday, August twentieth. Lastly, Jefferies Monetary Group elevated their value goal on shares of Antero Assets from $40.00 to $41.00 and gave the inventory a “purchase” ranking in a analysis be aware on Thursday, July eleventh. One funding analyst has rated the inventory with a promote ranking, six have issued a maintain ranking, 9 have given a purchase ranking and two have issued a powerful purchase ranking to the corporate’s inventory. In keeping with knowledge from MarketBeat, the corporate presently has a consensus ranking of “Reasonable Purchase” and a consensus value goal of $33.13.
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About Antero Assets
Antero Assets Company, an unbiased oil and pure fuel firm, engages within the growth, manufacturing, exploration, and acquisition of pure fuel, pure fuel liquids (NGLs), and oil properties in the USA. It operates in three segments: Exploration and Improvement; Advertising; and Fairness Technique Funding in Antero Midstream.
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