Investors sold shares of Anadarko Petroleum Co. (NYSE:APC) on strength during trading hours on Monday. $232.06 million flowed into the stock on the tick-up and $282.56 million flowed out of the stock on the tick-down, for a money net flow of $50.50 million out of the stock. Of all companies tracked, Anadarko Petroleum had the 16th highest net out-flow for the day. Anadarko Petroleum traded up $0.48 for the day and closed at $62.26
Several equities research analysts have recently weighed in on APC shares. Capital One Financial cut shares of Anadarko Petroleum from an “overweight” rating to an “equal weight” rating in a research report on Thursday, December 20th. Societe Generale cut shares of Anadarko Petroleum from a “buy” rating to a “hold” rating in a research report on Friday. Mitsubishi UFJ Financial Group decreased their target price on shares of Anadarko Petroleum to $70.00 in a research report on Thursday, February 7th. Credit Suisse Group decreased their target price on shares of Anadarko Petroleum from $73.00 to $67.00 and set an “outperform” rating for the company in a research report on Wednesday, February 6th. Finally, SunTrust Banks set a $55.00 target price on shares of Anadarko Petroleum and gave the company a “hold” rating in a research report on Tuesday, January 29th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Anadarko Petroleum currently has a consensus rating of “Buy” and a consensus price target of $73.84.
The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $23.38 billion, a PE ratio of 27.55, a P/E/G ratio of 2.33 and a beta of 1.55.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 13th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, March 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.93%. Anadarko Petroleum’s payout ratio is currently 53.10%.
Large investors have recently added to or reduced their stakes in the company. Claybrook Capital LLC acquired a new stake in shares of Anadarko Petroleum in the fourth quarter worth $29,000. We Are One Seven LLC acquired a new stake in shares of Anadarko Petroleum in the fourth quarter worth $41,000. Legacy Bridge LLC acquired a new stake in shares of Anadarko Petroleum in the fourth quarter worth $43,000. Lindbrook Capital LLC acquired a new stake in shares of Anadarko Petroleum in the fourth quarter worth $43,000. Finally, Bremer Trust National Association acquired a new stake in shares of Anadarko Petroleum in the fourth quarter worth $47,000. Hedge funds and other institutional investors own 87.05% of the company’s stock.
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Anadarko Petroleum Company Profile (NYSE:APC)
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).
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