Antero Resources Corporation (AR) Downgraded by Howard Weil to "Sector Perform"

Lloyd Doyle
September 23, 2017

Finally, State Street Corp boosted its position in shares of Antero Resources Corporation by 13.6% in the second quarter. 10247278 shares were traded on Range Resources Corporation's last session. Range Res Corp now has $4.81 billion valuation. Its down 0.01, from 1.36 in 2017Q1. R. F. Lafferty began coverage on shares of Range Resources a report on Wednesday, January 25th. It has underperformed by 31.85% the S&P500.

Piedmont Office Realty Trust, an integrated self-managed real estate investment trust.

Range Resources Corporation now has a P/E ratio of 128.65 and market cap is 4.65B. RRC is the cheaper of the two stocks on book value basis but is expensive in terms of P/E and P/S ratio.

Investors sentiment decreased to 1.36 in Q4 2016. Its down 0.30, from 1.5 in 2016Q3. The number of shares now owned by investors are 315.01 mln. 45 funds opened positions while 180 raised stakes. 263.24 million shares or 4.56% more from 251.75 million shares in 2016Q3 were reported. Ubs Asset Mngmt Americas owns 538,190 shares. Comml Bank Of The West holds 0.03% or 9,940 shares in its portfolio. BlackRock Inc. boosted its position in shares of Antero Resources Corporation by 18.7% in the second quarter.

Another recent and important Antero Resources Corp (NYSE:AR) news was published by which published an article titled: "Antero Resources Announces Secondary Offering of Antero Midstream Partners LP ..." on September 06, 2017. (NYSE:RRC). Camarda Financial Advsr Ltd Limited Liability Company reported 0.01% stake. Gulf Intll Commercial Bank (Uk) Ltd reported 0.02% of its portfolio in Antero Resources Corp (NYSE:AR). Winfield Assoc Inc invested in 0% or 75 shares. The insider, YOO K. PHIL, now holds 94,928 shares of AR. (NYSE:RRC) shares. Shares for $662,493 were sold by STEPHENS CHAD L on Friday, May 26. Barclays Capital downgraded Range Resources Corp.

Antero Resources Corporation (NYSE:AR) slipped over -2.71% at $19.75, after hitting low of $19.45 in an intra-day trade. Sumitomo Mitsui Trust Hldgs stated it has 0.02% in Antero Resources Corp (NYSE:AR).

Range Resources Corporation (RRC) now the company's industry has 12.7 P/E and the sector P/E is 16.18. The percentage of shares being held by the company management was 0.1% while institutional stake was 62.5%. (NYSE:RRC) for 826,033 shares. New York State Common Retirement Fund invested 0.02% in Range Resources Corp. The company is scheduled to issue its next earnings report on Wednesday, October 25th. They expect $0.02 EPS, up 108.70% or $0.25 from last year's $-0.23 per share. The company beat the analyst EPS Estimate with the difference of $0.1. (NYSE:RRC). Texas Permanent School Fund reported 0.02% in Range Resources Corp.

In an overview of the current analyst recommendations, Buy count is 13 and Overweight is 3 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively.

Among 26 analysts covering Antero Resources (NYSE:AR), 15 have Buy rating, 2 Sell and 9 Hold. Therefore 70% are positive. Antero Resources had 73 analyst reports since July 21, 2015 according to SRatingsIntel. Legal General Grp Public Limited Liability has invested 0.02% of its portfolio in Antero Resources Corp (NYSE:AR). Nomura Hldgs holds 10,355 shares. The rating was maintained by RBC Capital Markets on Thursday, September 7 with "Buy". The rating was maintained by JP Morgan on Monday, May 2 with "Neutral". Imperial Capital maintained ARC Group WorldWide Inc (NASDAQ:ARCW) rating on Thursday, February 11. Williams Capital Group initiated it with "Buy" rating and $57 target in Monday, August 29 report. The stock of SM Energy Co (NYSE:SM) has "Hold" rating given on Wednesday, December 23 by Cantor Fitzgerald.

Price targets show what analysts believes a stock will be worth at the end of a certain time period. 276.89 million shares or 2.90% more from 269.10 million shares in 2017Q1 were reported. Mariner Grp Ltd holds 83,400 shares. Boeing Co (NYSE:BA) was raised too.

In other news, insider K. Phil Yoo sold 3,785 shares of the firm's stock in a transaction on Tuesday, August 1st. The Company now operates in Texas, New Mexico and Kentucky and has a non-operating interest in Western Canada. Wells Fargo And Mn accumulated 0.34% or 9.83 million shares. Farquharson Alan W sold $13,369 worth of stock or 577 shares. The 52-week range can be found in the stock's quote summary. (NYSE:RRC) earned "Buy" rating by Citigroup on Friday, July 21. BioCryst Pharmaceuticals had 28 analyst reports since August 7, 2015 according to SRatingsIntel. AM's profit will be $72.83M for 20.01 P/E if the $0.39 EPS becomes a reality. During the same quarter in the prior year, the business earned $0.14 earnings per share.

About 292,159 shares traded.

It is down 55.94% since September 20, 2016 and is uptrending.

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