Other large investors also recently modified their holdings of the company. Over the last three months, the shares of Antero Resources Corporation (AR), have changed 9.41%. State Board of Administration of Florida Retirement System now owns 86,770 shares of the company’s stock worth $1,892,000 after buying an additional 8,193 shares in the last quarter. KBC Group increased its stake in shares of Range Resources Corp. Swiss National Bank now owns 150,300 shares of the company’s stock valued at $3,277,000 after buying an additional 2,500 shares during the period. (NYSE:AR) opened at 26.37 on Friday. For the current quarter the stock has a lowest EPS estimates of $-0.49 and high estimate of $0.06. The firm’s market capitalization is $7.16 billion.
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The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 1.48%. The company earned $81.30 million during the quarter, compared to analysts’ expectations of $185.31 million. The firm’s revenue was down 40.3% compared to the same quarter past year.
By looking at Antero Resources Corporation (AR) YTD (year to date) performance, the stock shows Positive value of 28.62%.
A number of equities analysts have weighed in on the company.
Imperial Capital issued rating on the stock of Range Resources Corp.
Piper Jaffray analyst Pearce Hammond assumes coverage on Range Resources Corp (NYSE:RRC) with an Overweight rating and a price target of $52.00. 8 said it’s a Buy, 15 assigned Hold rating where 0 stated the stock as Underperform and 1 marked the stock as Sell.
Also, Equity Analysts at the Brokerage Firm, Johnson Rice, upgrades their rating on the shares of Eclipse Resources Corporation (NYSE:ECR). According to the latest information available, the shares are now rated Hold by the analysts at the agency. The average price target for shares are $32.11 with an expected fluctuation of $4.61 from the mean.
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Insider Activity: Insiders look pessimistic about the prospects of the company that they seem to offload shares while they are 23.17 up so far this year. A Sr. The stock was sold at an average price of $28.36, for a total transaction of $283,600.00. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. 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.
