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What the Insider Data Suggests About Antero Resources Corporation (AR)

06 December 2017

The overall volume in the last trading session was 3.24 million shares. It has underperformed by 52.75% the S&P500.The move comes after 8 months negative chart setup for the $4.24B company. It was reported on Dec, 5 by Finviz.com. We have $16.50 PT which if reached, will make NYSE:RRC worth $212.10M less. About 134,646 shares traded. PIMCO Income Strategy Fund (PFL) has risen 19.34% since December 5, 2016 and is uptrending. That transaction by Sailingstone took place on September 30, 2017, the same day Vanguard Group Inc purchased an additional 1.4 million shares in RRC to bring its total stake to 24.61 million. Barclays PLC reaffirmed a sell rating and set a $28.00 price objective on shares of Range Resources Corp.in a research note on Thursday, April 27th.

A number of hedge funds have recently added to or reduced their stakes in RRC. 230.61 million shares or 4.36% more from 220.97 million shares in 2017Q1 were reported. Caisse De Depot Et Placement Du Quebec owns 22,335 shares. They see Range Resources Corporation (RRC) price hitting a mean target of $29.08 a share, meaning the stock still has potential that could lift the price another 62.73% Also, the recent close suggests the stock is underpriced by 246.95% compared to the most bullish target. Ws Management Lllp acquired 1.21M shares as Range Res Corp (RRC)'s stock declined 18.29%. The firm owned $15.22 million shares of the company's stock after selling 138278 shares during the period. Quantbot Technologies Ltd Partnership holds 2,314 shares or 0% of its portfolio.

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Range Resources (NYSE:RRC) last released its quarterly earnings results on Tuesday, October 24th. 10,000 are held by Grt Cap Ltd. Augustine Asset Mgmt Incorporated holds 107,250 shares. New York-based Mutual Of America Mngmt Lc has invested 0.11% in Range Resources Corporation (NYSE:RRC). BlackRock Inc. now owns 8,550,873 shares of the oil and natural gas company's stock worth $195,044,000 after purchasing an additional 8,214,276 shares during the last quarter. Ny State Common Retirement Fund stated it has 0.02% of its portfolio in Range Resources Corporation (NYSE:RRC). Bbva Compass National Bank reported 11,135 shares. Finally, Vanguard Group Inc. raised its position in Range Resources by 4.4% in the second quarter.

Range Resources Corporation (RRC) is expected to post revenue of $627.05 Million in the current quarter, according to consensus of 21 analysts. RRC's profit will be $39.07 million for 27.14 P/E if the $0.16 EPS becomes a reality. After $0.50 actual earnings per share reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts 320.00% EPS growth.

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Antero Resources Corporation is an oil and natural gas company. The company has market cap of $4.24 billion. Bronfman E.L. Rothschild L.P. now owns 3,756 shares of the oil and gas exploration company's stock valued at $109,000 after buying an additional 257 shares during the period. The Company's segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

Since June 9, 2017, it had 1 insider buy, and 2 sales for $88,361 activity. About 1.68 million shares traded. State Street Corp raised its holdings in Antero Resources by 13.6% in the 2nd quarter. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 68% are positive. Range Resources has a 12-month low of $15.99 and a 12-month high of $39.64. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, October 23 report. The stock of Range Resources Corporation (NYSE:RRC) has "Buy" rating given on Thursday, March 30 by UBS. JPMorgan Chase & Co. reiterated a buy rating on shares of Range Resources Corp.in a report on Tuesday, April 25th.

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Analysts await Range Resources Corporation (NYSE:RRC) to report earnings on February, 28. The firm has "Outperform" rating by Raymond James given on Tuesday, May 17. Range Resources Corp. now has a consensus rating of Buy and an average price target of $45.25. Cowen & Co has "Buy" rating and $35.0 target. Barclays Capital maintained Range Resources Corporation (NYSE:RRC) rating on Friday, April 21. The stock has "Buy" rating by Citigroup on Monday, November 13. The company reported revenue of $632.95 Million in the same period past year. Wfg Advsr L P has 10 shares for 0% of their portfolio. The Greenwood Capital Associates Llc holds 24,571 shares with $2.60 million value, down from 38,362 last quarter. Thompson Siegel & Walmsley LLC now owns 6,671,696 shares of the oil and natural gas company's stock worth $144,176,000 after acquiring an additional 1,096,317 shares during the last quarter.