Express (EXPR) Holder Barrow Hanley Mewhinney & Strauss Has Boosted Its Position; Blume Capital Management Lowered Its Antero Resources (AR) Position by $2.72 Million; Market Value Declined

February 25, 2018 - By Lawrence Diaz

Blume Capital Management Inc decreased its stake in Antero Resources Corp (AR) by 94.36% based on its latest 2017Q3 regulatory filing with the SEC. Blume Capital Management Inc sold 143,075 shares as the company’s stock declined 11.29% while stock markets rallied. The institutional investor held 8,550 shares of the oil & gas production company at the end of 2017Q3, valued at $170,000, down from 151,625 at the end of the previous reported quarter. Blume Capital Management Inc who had been investing in Antero Resources Corp for a number of months, seems to be less bullish one the $6.00B market cap company. The stock increased 2.60% or $0.48 during the last trading session, reaching $18.95. About 2.79 million shares traded. Antero Resources Corporation (NYSE:AR) has declined 15.15% since February 25, 2017 and is downtrending. It has underperformed by 31.85% the S&P500.

Barrow Hanley Mewhinney & Strauss Llc increased its stake in Express Inc (EXPR) by 32.88% based on its latest 2017Q3 regulatory filing with the SEC. Barrow Hanley Mewhinney & Strauss Llc bought 110,287 shares as the company’s stock declined 33.22% while stock markets rallied. The institutional investor held 445,663 shares of the consumer services company at the end of 2017Q3, valued at $3.01 million, up from 335,376 at the end of the previous reported quarter. Barrow Hanley Mewhinney & Strauss Llc who had been investing in Express Inc for a number of months, seems to be bullish on the $562.95M market cap company. The stock increased 2.22% or $0.16 during the last trading session, reaching $7.37. About 1.30 million shares traded. Express, Inc. (NYSE:EXPR) has declined 53.00% since February 25, 2017 and is downtrending. It has underperformed by 69.70% the S&P500.

Blume Capital Management Inc, which manages about $302.15 million and $189.08 million US Long portfolio, upped its stake in Walt Disney (NYSE:DIS) by 8,590 shares to 48,014 shares, valued at $4.73M in 2017Q3, according to the filing. It also increased its holding in Schlumberger (NYSE:SLB) by 5,570 shares in the quarter, for a total of 106,561 shares, and has risen its stake in Range Resources (NYSE:RRC).

Among 29 analysts covering Antero Resources (NYSE:AR), 14 have Buy rating, 0 Sell and 15 Hold. Therefore 48% are positive. Antero Resources had 100 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Friday, July 31 by KLR Group. The company was maintained on Tuesday, September 12 by Cowen & Co. Cowen & Co maintained it with “Hold” rating and $25.0 target in Wednesday, October 18 report. The rating was maintained by BMO Capital Markets on Monday, August 7 with “Buy”. On Tuesday, January 30 the stock rating was maintained by Jefferies with “Hold”. Susquehanna maintained Antero Resources Corporation (NYSE:AR) rating on Wednesday, January 17. Susquehanna has “Buy” rating and $24.0 target. The firm has “Hold” rating by Tudor Pickering given on Sunday, November 8. Jefferies maintained the stock with “Hold” rating in Thursday, January 18 report. The rating was downgraded by Barclays Capital to “Equal-Weight” on Monday, November 20. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, December 14.

Analysts await Antero Resources Corporation (NYSE:AR) to report earnings on May, 14. They expect $0.02 EPS, down 88.89% or $0.16 from last year’s $0.18 per share. AR’s profit will be $6.33 million for 236.88 P/E if the $0.02 EPS becomes a reality. After $0.19 actual EPS reported by Antero Resources Corporation for the previous quarter, Wall Street now forecasts -89.47% negative EPS growth.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.19, from 1.36 in 2017Q2. It is negative, as 31 investors sold AR shares while 71 reduced holdings. 35 funds opened positions while 84 raised stakes. 291.74 million shares or 5.36% more from 276.89 million shares in 2017Q2 were reported. Cushing Asset Ltd Partnership holds 0.01% or 17,000 shares in its portfolio. Moreover, Brave Warrior Advisors Limited Company has 10.76% invested in Antero Resources Corporation (NYSE:AR) for 11.17M shares. Utah Retirement System has 42,200 shares for 0.02% of their portfolio. The Massachusetts-based Panagora Asset has invested 0% in Antero Resources Corporation (NYSE:AR). Caisse De Depot Et Placement Du Quebec invested 0% of its portfolio in Antero Resources Corporation (NYSE:AR). Texan Capital holds 26,845 shares. Moreover, Mariner Grp Limited Liability Co has 1.03% invested in Antero Resources Corporation (NYSE:AR). Sound Shore Mngmt Ct has invested 3.23% of its portfolio in Antero Resources Corporation (NYSE:AR). Fpr holds 5.13% in Antero Resources Corporation (NYSE:AR) or 11.89M shares. Freestone Cap Ltd Liability Corp accumulated 16,183 shares. Trellus Mgmt Ltd Liability Corporation owns 20,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.01% in Antero Resources Corporation (NYSE:AR). Cibc Asset Inc owns 12,452 shares or 0% of their US portfolio. Wesbanco Natl Bank Incorporated has invested 0.03% of its portfolio in Antero Resources Corporation (NYSE:AR). Nuveen Asset Lc invested in 11,950 shares.

Among 18 analysts covering Express Inc. (NYSE:EXPR), 5 have Buy rating, 2 Sell and 11 Hold. Therefore 28% are positive. Express Inc. had 38 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Express, Inc. (NYSE:EXPR) has “Buy” rating given on Thursday, August 25 by Nomura. SunTrust maintained Express, Inc. (NYSE:EXPR) rating on Thursday, September 28. SunTrust has “Hold” rating and $6.0 target. SunTrust maintained Express, Inc. (NYSE:EXPR) rating on Tuesday, January 9. SunTrust has “Hold” rating and $8.0 target. The stock has “Peer Perform” rating by Wolfe Research on Thursday, August 25. The stock of Express, Inc. (NYSE:EXPR) has “Neutral” rating given on Wednesday, August 24 by CL King. The firm has “Positive” rating by Susquehanna given on Thursday, August 27. The stock has “Buy” rating by Mizuho on Wednesday, August 26. The stock has “Hold” rating by BMO Capital Markets on Tuesday, August 8. Brean Capital maintained the stock with “Buy” rating in Thursday, August 27 report. The firm has “Neutral” rating by M Partners given on Thursday, September 17.

Barrow Hanley Mewhinney & Strauss Llc, which manages about $91.02B and $66.39 billion US Long portfolio, decreased its stake in Bank Of America Corp (NYSE:BAC) by 1.53 million shares to 60.99 million shares, valued at $1.55B in 2017Q3, according to the filing. It also reduced its holding in Air Transport Services Group I (NASDAQ:ATSG) by 102,962 shares in the quarter, leaving it with 2.81M shares, and cut its stake in Polyone Corp (NYSE:POL).

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