Anadarko Petroleum Co. (APC) Shares Sold by US Bancorp DE

US Bancorp DE decreased its stake in shares of Anadarko Petroleum Co. (NYSE:APC) by 4.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,308 shares of the oil and gas development company’s stock after selling 7,945 shares during the quarter. US Bancorp DE’s holdings in Anadarko Petroleum were worth $11,278,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Perella Weinberg Partners Capital Management LP raised its holdings in shares of Anadarko Petroleum by 30.9% in the 3rd quarter. Perella Weinberg Partners Capital Management LP now owns 692,292 shares of the oil and gas development company’s stock valued at $46,667,000 after purchasing an additional 163,343 shares in the last quarter. Moody National Bank Trust Division raised its holdings in shares of Anadarko Petroleum by 633.2% in the 3rd quarter. Moody National Bank Trust Division now owns 70,501 shares of the oil and gas development company’s stock valued at $4,752,000 after purchasing an additional 60,885 shares in the last quarter. USA Financial Portformulas Corp raised its holdings in shares of Anadarko Petroleum by 1,313.5% in the 3rd quarter. USA Financial Portformulas Corp now owns 54,138 shares of the oil and gas development company’s stock valued at $3,966,000 after purchasing an additional 50,308 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Anadarko Petroleum by 253.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 245,369 shares of the oil and gas development company’s stock valued at $16,540,000 after purchasing an additional 175,885 shares in the last quarter. Finally, Mobius Capital Management LLC raised its holdings in shares of Anadarko Petroleum by 69.8% in the 3rd quarter. Mobius Capital Management LLC now owns 151,983 shares of the oil and gas development company’s stock valued at $10,245,000 after purchasing an additional 62,470 shares in the last quarter. Institutional investors own 85.96% of the company’s stock.

Shares of Anadarko Petroleum stock opened at $57.79 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.40. Anadarko Petroleum Co. has a 52-week low of $46.80 and a 52-week high of $76.70. The company has a market capitalization of $27.62 billion, a PE ratio of -29.48, a PEG ratio of 1.60 and a beta of 1.45.

Anadarko Petroleum (NYSE:APC) last issued its quarterly earnings data on Tuesday, October 30th. The oil and gas development company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.02). Anadarko Petroleum had a return on equity of 8.90% and a net margin of 11.49%. The firm had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.47 billion. During the same period in the previous year, the firm earned ($0.77) EPS. The firm’s quarterly revenue was up 48.1% on a year-over-year basis. On average, equities research analysts expect that Anadarko Petroleum Co. will post 2.92 earnings per share for the current fiscal year.

Several equities research analysts have recently commented on the stock. Morgan Stanley reduced their price target on shares of Anadarko Petroleum from $85.00 to $79.00 and set a “hold” rating for the company in a report on Monday. Jefferies Financial Group reduced their price target on shares of Anadarko Petroleum from $86.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, November 1st. Credit Suisse Group set a $89.00 price target on shares of Anadarko Petroleum and gave the company a “buy” rating in a report on Wednesday, October 31st. Guggenheim restated a “buy” rating and issued a $79.00 price target on shares of Anadarko Petroleum in a report on Thursday, November 1st. Finally, Stifel Nicolaus restated a “buy” rating and issued a $80.00 price target on shares of Anadarko Petroleum in a report on Wednesday, October 31st. Five analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $81.45.

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Anadarko Petroleum Company Profile

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs).

Further Reading: Fundamental Analysis and Individual Investors

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Institutional Ownership by Quarter for Anadarko Petroleum (NYSE:APC)

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