Antero Res (AR) Stock Value Declined While Fpr Partners Decreased Its Position; Churchill Management Has Upped Its Northrop Grumman (NOC) Stake by $458,237; Stock Declined

June 14, 2018 - By Marguerite Chambers

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Churchill Management Corp increased its stake in Northrop Grumman Corp (NOC) by 5.69% based on its latest 2018Q1 regulatory filing with the SEC. Churchill Management Corp bought 1,313 shares as the company’s stock declined 6.52% with the market. The institutional investor held 24,370 shares of the industrial machinery and components company at the end of 2018Q1, valued at $8.51 million, up from 23,057 at the end of the previous reported quarter. Churchill Management Corp who had been investing in Northrop Grumman Corp for a number of months, seems to be bullish on the $56.31 billion market cap company. The stock decreased 1.50% or $4.91 during the last trading session, reaching $322.91. About 731,366 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 29.40% since June 14, 2017 and is uptrending. It has outperformed by 16.83% the S&P500. Some Historical NOC News: 28/03/2018 – Northrop Grumman: Poland Agrees to Buy Integrated Air and Missile Defense Battle Command System; 25/04/2018 – NORTHROP GRUMMAN 1Q EPS $4.21, EST. $3.65; 25/04/2018 – Northrop Grumman Had Seen 2018 EPS $15.00-$15.25; 23/05/2018 – Northrop Grumman at AllianceBernstein Conference May 31; 25/04/2018 – NORTHROP GRUMMAN SAYS DOJ IS CONTINUING TO INVESTIGATE THE MATTER, & CO IS COOPERATING IN THE INVESTIGATION – SEC FILING; 25/04/2018 – NORTHROP GRUMMAN CORP – CURRENTLY EXPECTS ITS DEAL OF ORBITAL ATK WILL CLOSE IN THE FIRST HALF OF THIS YEAR; 25/04/2018 – Northrop Grumman Now Sees 2018 Effective Tax Rate About 18%; 30/05/2018 – Northrop Grumman at AllianceBernstein Conference Tomorrow; 08/05/2018 – NORTHROP GRUMMAN CORP: GOLDMAN SACHS ADDS TO CONVICTION BUY LIST – TRADERS; 25/04/2018 – Northrop Grumman Still Sees 2018 Operating Margin About 12%

Bob Peck decreased its stake in Antero Res Corp (AR) by 3.68% based on its latest 2018Q1 regulatory filing with the SEC. Fpr Partners Llc sold 438,310 shares as the company’s stock declined 4.65% with the market. The hedge fund run by Bob Peck held 11.48 million shares of the oil & gas production company at the end of 2018Q1, valued at $227.93M, down from 11.92 million at the end of the previous reported quarter. Fpr Partners Llc who had been investing in Antero Res Corp for a number of months, seems to be less bullish one the $6.30B market cap company. The stock decreased 1.46% or $0.3 during the last trading session, reaching $19.86. About 1.49 million shares traded. Antero Resources Corporation (NYSE:AR) has declined 13.86% since June 14, 2017 and is downtrending. It has underperformed by 26.43% the S&P500. Some Historical AR News: 29/03/2018 – Antero Resources Closes Above 200-Day Moving Average; 24/04/2018 – Antero Resources Closes Below 200-Day Moving Average; 25/04/2018 – CNBC Wires: Antero Resources: 1Q Earnings Snapshot; 24/04/2018 – Antero Resources Short-Interest Ratio Rises 10% to 11 Days; 26/04/2018 – ANTERO RESOURCES EARNINGS CALL ENDS; 25/04/2018 – ANTERO RESOURCES 1Q ADJ EPS 44C, EST. 38C

Fpr Partners Llc, which manages about $3.41B and $4.31B US Long portfolio, upped its stake in Liberty Broadband Corp by 43,899 shares to 1.11 million shares, valued at $93.84 million in 2018Q1, according to the filing. It also increased its holding in Wabco Hldgs Inc (NYSE:WBC) by 536,577 shares in the quarter, for a total of 1.96M shares, and has risen its stake in Antero Midstream Gp Lp.

Investors sentiment decreased to 1.19 in Q1 2018. Its down 0.13, from 1.32 in 2017Q4. It worsened, as 38 investors sold AR shares while 71 reduced holdings. 38 funds opened positions while 92 raised stakes. 286.32 million shares or 1.42% more from 282.31 million shares in 2017Q4 were reported. State Of Alaska Department Of Revenue holds 0.01% in Antero Resources Corporation (NYSE:AR) or 19,660 shares. Parallax Volatility Advisers L P, a California-based fund reported 11,991 shares. Pnc Fincl Svcs Grp has invested 0% in Antero Resources Corporation (NYSE:AR). Wells Fargo & Mn holds 0% or 132,757 shares in its portfolio. Synovus Finance owns 39,953 shares or 0.01% of their US portfolio. Commercial Bank Of New York Mellon has 1.22 million shares. Shufro Rose Ltd Com invested 0.39% in Antero Resources Corporation (NYSE:AR). 9.76M were reported by Temasek Holdings (Private) Limited. Staley Capital Advisers Inc has invested 0.18% in Antero Resources Corporation (NYSE:AR). Mirae Asset Glob Investments Co has invested 0.02% in Antero Resources Corporation (NYSE:AR). Sound Shore Management Ct invested in 11.62 million shares or 3.73% of the stock. Great West Life Assurance Co Can owns 106,000 shares. Prudential Financial has 11,260 shares for 0% of their portfolio. Kbc Grp Nv invested in 446,786 shares. Oregon Pub Employees Retirement Fund invested 0.01% in Antero Resources Corporation (NYSE:AR).

Among 29 analysts covering Antero Resources (NYSE:AR), 13 have Buy rating, 0 Sell and 16 Hold. Therefore 45% are positive. Antero Resources had 106 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Susquehanna on Wednesday, January 17 with “Buy”. The stock of Antero Resources Corporation (NYSE:AR) earned “Hold” rating by Cowen & Co on Tuesday, September 12. The firm has “Market Perform” rating by Evercore given on Tuesday, July 19. On Tuesday, January 3 the stock rating was upgraded by Raymond James to “Strong Buy”. The stock of Antero Resources Corporation (NYSE:AR) has “Outperform” rating given on Thursday, July 21 by Robert W. Baird. On Thursday, December 14 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The stock of Antero Resources Corporation (NYSE:AR) earned “Equal Weight” rating by Stephens on Tuesday, August 4. The stock of Antero Resources Corporation (NYSE:AR) has “Hold” rating given on Monday, July 18 by Jefferies. The firm earned “Buy” rating on Friday, September 8 by Robert W. Baird. Goldman Sachs initiated Antero Resources Corporation (NYSE:AR) on Tuesday, November 17 with “Buy” rating.

Analysts await Antero Resources Corporation (NYSE:AR) to report earnings on August, 1. They expect $0.12 earnings per share, up 220.00% or $0.22 from last year’s $-0.1 per share. AR’s profit will be $38.05M for 41.38 P/E if the $0.12 EPS becomes a reality. After $0.39 actual earnings per share reported by Antero Resources Corporation for the previous quarter, Wall Street now forecasts -69.23% negative EPS growth.

Since March 2, 2018, it had 0 insider buys, and 2 insider sales for $97,325 activity.

Churchill Management Corp, which manages about $3.45 billion and $3.45 billion US Long portfolio, decreased its stake in Peoples United Financial Inc C (NASDAQ:PBCT) by 46,322 shares to 1.13 million shares, valued at $21.13M in 2018Q1, according to the filing. It also reduced its holding in Vanguard Index Fds S&P 500 Etf (VOO) by 1.54M shares in the quarter, leaving it with 93,900 shares, and cut its stake in Phillips 66 Com (NYSE:PSX).

More important recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Finance.Yahoo.com which released: “North Korea to Denuclearize: Are These 4 Defense Stocks in Trouble?” on June 13, 2018, also Seekingalpha.com published article titled: “Introduction To Investing In The New Space Race”, Nasdaq.com published: “Northrop Grumman Awarded $866 Million IDIQ Contract to Sustain and Modify Critical Missile Warning Radars” on June 13, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) was released by: Globenewswire.com and their article: “Northrop Grumman to Redeem Orbital ATK Debt” with publication date: June 11, 2018.

Since February 13, 2018, it had 0 buys, and 9 insider sales for $6.82 million activity. Peppard Denise M. had sold 2,539 shares worth $850,870 on Tuesday, February 13. Hardesty Michael A sold $457,747 worth of Northrop Grumman Corporation (NYSE:NOC) on Monday, February 26.

Among 20 analysts covering Northrop Grumman (NYSE:NOC), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Northrop Grumman had 66 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, April 26, the company rating was maintained by Bernstein. Goldman Sachs upgraded it to “Buy” rating and $41000 target in Tuesday, May 8 report. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Equal-Weight” rating by Morgan Stanley on Friday, February 23. Vertical Research upgraded Northrop Grumman Corporation (NYSE:NOC) on Thursday, May 11 to “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Sunday, October 8. As per Friday, September 29, the company rating was maintained by Jefferies. On Thursday, October 29 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, April 12. The rating was downgraded by Wolfe Research on Thursday, October 29 to “Peer Perform”. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Sector Perform” rating given on Thursday, May 19 by RBC Capital Markets.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

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