Hilton Capital Management adds Antero Resources Corp (AR) to its portfolio

Antero Resources Corp (AR) : Hilton Capital Management added new position in Antero Resources Corp during the most recent quarter end. The investment management firm now holds 25,641 shares of Antero Resources Corp which is valued at $664,615 , the company said in a statement filed on Jul 26, 2016 with the SEC.Antero Resources Corp makes up approximately 0.22% of Hilton Capital Management’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in AR in the latest quarter, The investment management firm added 42,141 additional shares and now holds a total of 66,050 shares of Antero Resources Corp which is valued at $1,712,016. Antero Resources Corp makes up approx 0.01% of Strs Ohio’s portfolio.Shell Asset Management Co boosted its stake in AR in the latest quarter, The investment management firm added 779 additional shares and now holds a total of 4,946 shares of Antero Resources Corp which is valued at $128,200. Donald L. Hagan sold out all of its stake in AR during the most recent quarter. The investment firm sold 42 shares of AR which is valued $1,100.Independent Portfolio Consultants reduced its stake in AR by selling 220 shares or 12.46% in the most recent quarter. The Hedge Fund company now holds 1,545 shares of AR which is valued at $41,452. Antero Resources Corp makes up approx 0.01% of Independent Portfolio Consultants’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in AR in the latest quarter, The investment management firm added 43,831 additional shares and now holds a total of 66,446 shares of Antero Resources Corp which is valued at $1,863,146. Antero Resources Corp makes up approx 0.02% of Nn Investment Partners Holdings N.v.’s portfolio.

Antero Resources Corp opened for trading at $25.62 and hit $26.29 on the upside on Friday, eventually ending the session at $26.19, with a gain of 1.16% or 0.3 points. The heightened volatility saw the trading volume jump to 38,07,733 shares. Company has a market cap of $7,265 M.

On the company’s financial health, Antero Resources Corp reported $0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $0.20. The company had revenue of $765.40 million for the quarter, compared to analysts expectations of $685.75 million. The company’s revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

Many Wall Street Analysts have commented on Antero Resources Corp. Robert W. Baird Upgraded Antero Resources Corp on Jul 21, 2016 to ” Outperform”, Price Target of the shares are set at $37.Antero Resources Corp was Upgraded by Jefferies to ” Hold” on Jul 18, 2016. Company shares were Upgraded by Seaport Global Securities on Jul 18, 2016 to ” Buy”, Firm has raised the Price Target to $ 36 from a previous price target of $32 .

Antero Resources Corporation is engaged in the exploitation development and acquisition of natural gas natural gas liquids (NGLs) and oil properties in the Appalachian Basin in West Virginia Ohio and Pennsylvania. The Company targets large repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to develop and produce natural gas NGLs and oil from unconventional formations. The Company has fresh water distribution operations in the Appalachian Basin as well as gathering and compression operations through its consolidated subsidiary Antero Midstream Partners LP. The Company operates in four industry segments: the exploration development and production of natural gas NGLs and oil; gathering and compression; fresh water distribution and marketing of excess firm transportation capacity. All of its operations are conducted in the United States.

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