Advisors Asset Management Inc. Has $808000 Stake in Range Resources Corporation (RRC)

Lloyd Doyle
December 13, 2017

Companies with a high P/E ratio are typically growth stocks. It also offers video distribution and direct-to-home video, as well as end-to-end communications services using satellite and hybrid satellite-ground networks; and broadcast services, including DTH, video distribution and contribution, and satellite transmission services for the broadcast of video news, sports, and live event coverage. Blackrock Incorporated reported 0.01% of its portfolio in Antero Resources Corporation (NYSE:AR). Capstone Investment Advisors Netherlands B.V. lifted its position in shares of Range Resources by 166.2% during the second quarter. The stock decreased 2.28% or $0.38 during the last trading session, reaching $16.32. The stock ended last trade at 19.00 a share and the price is up more than -19.66% so far this year. Antero Resources Corporation (NYSE:AR) has declined 15.15% since December 12, 2016 and is downtrending. It has underperformed by 52.75% the S&P500.The move comes after 9 months negative chart setup for the $3.99B company. The stock decreased 2.26% or $0.43 during the last trading session, reaching $18.57. It has underperformed by 8.26% the S&P500. The Credit Suisse Ag holds 1.24 million shares with $11.32M value, up from 490,562 last quarter. Nordea Inv Management owns 385,088 shares for 0.02% of their portfolio. Sailingstone Capital Partners Llc acquired 1.66 million shares as Antero Res Corp (AR)'s stock declined 11.29%. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. Salem Invest Counselors reported 0.02% stake.

Analysts await Range Resources Corporation (NYSE:RRC) to report earnings on February, 28. They expect $0.04 earnings per share, down 75.00% or $0.12 from last year's $0.16 per share. AR's profit will be $12.63 million for 117.94 P/E if the $0.04 EPS becomes a reality.


Investors sentiment increased to 1.31 in 2017 Q2. Its down 0.19, from 1.36 in 2017Q1. It worsened, as 49 investors sold Antero Resources Corporation shares while 64 reduced holdings.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. 230.61 million shares or 4.36% more from 220.97 million shares in 2017Q1 were reported. Invesco Limited reported 0% stake. Sound Shore Management Ct has 3.33% invested in Antero Resources Corporation (NYSE:AR). Eaton Vance stated it has 0.1% of its portfolio in Antero Resources Corporation (NYSE:AR). Smith Asset Group Lp has 0% invested in Antero Resources Corporation (NYSE:AR). The oil and gas exploration company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. Axa reported 471,917 shares. Goldman Sachs initiated Antero Resources Corporation (NYSE:AR) rating on Tuesday, November 17. Winslow Evans & Crocker, Massachusetts-based fund reported 1,560 shares. Spinnaker invested in 0.94% or 109,148 shares. "Has $808,000 Stake in Range Resources Corporation (RRC)" was originally posted by StockNewsTimes and is owned by of StockNewsTimes. While this sounds great in theory, high insider ownership can actually lead to the opposite result, a management team that is unaccountable because they can keep their jobs under nearly any circumstance. Guggenheim Cap Limited Liability has 0.01% invested in The Navigators Group, Inc. Old Mutual Customised Solutions (Proprietary), South Africa-based fund reported 253,954 shares. 9,424 are held by Salem Counselors. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 65% are positive. Antero Resources has $45 highest and $18 lowest target. The stock now has an average rating of "Buy" and an average target price of $30.98. Antero Resources had 87 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, April 4, the company rating was upgraded by Capital One. On Monday, August 7 the stock rating was maintained by BMO Capital Markets with "Buy". Imperial Capital maintained Range Resources Corporation (NYSE:RRC) rating on Friday, October 28. The firm has "Sector Perform" rating by RBC Capital Markets given on Wednesday, November 4. The rating was reinitiated by Suntrust Robinson on Friday, December 8 with "Hold". The rating was maintained by Barclays Capital on Thursday, July 14 with "Overweight". SunTrust Banks reaffirmed a "hold" rating and issued a $20.00 price objective on shares of Range Resources in a research report on Friday. The stock of Range Resources Corporation (NYSE:RRC) earned "Buy" rating by Citigroup on Thursday, April 7.

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