Oregon Public Employees Retirement Fund Buys 311 Shares of Anadarko Petroleum Co. (NYSE:APC)

Oregon Public Employees Retirement Fund boosted its stake in shares of Anadarko Petroleum Co. (NYSE:APC) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 53,631 shares of the oil and gas development company’s stock after acquiring an additional 311 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Anadarko Petroleum were worth $3,784,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of APC. Dimensional Fund Advisors LP grew its holdings in Anadarko Petroleum by 5.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,098,627 shares of the oil and gas development company’s stock worth $135,840,000 after acquiring an additional 154,340 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Anadarko Petroleum by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 5,868,766 shares of the oil and gas development company’s stock valued at $256,783,000 after purchasing an additional 88,243 shares during the last quarter. Gotham Asset Management LLC bought a new position in shares of Anadarko Petroleum in the 4th quarter valued at about $340,000. Advisory Services Network LLC boosted its stake in shares of Anadarko Petroleum by 5.5% in the 4th quarter. Advisory Services Network LLC now owns 6,261 shares of the oil and gas development company’s stock valued at $274,000 after purchasing an additional 329 shares during the last quarter. Finally, Actinver Wealth Management Inc. bought a new position in shares of Anadarko Petroleum in the 4th quarter valued at about $217,000. 85.31% of the stock is currently owned by hedge funds and other institutional investors.

Anadarko Petroleum stock traded down $0.52 during midday trading on Friday, hitting $73.79. 1,320,687 shares of the stock were exchanged, compared to its average volume of 6,504,783. The firm has a fifty day moving average price of $71.77. Anadarko Petroleum Co. has a 52 week low of $40.40 and a 52 week high of $76.23. The stock has a market capitalization of $37.33 billion, a PE ratio of 32.65, a PEG ratio of 5.78 and a beta of 1.63. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.92 and a quick ratio of 0.77.

Anadarko Petroleum (NYSE:APC) last released its quarterly earnings data on Friday, July 26th. The oil and gas development company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.04). The firm had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.31 billion. Anadarko Petroleum had a positive return on equity of 10.49% and a negative net margin of 4.20%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 EPS. On average, research analysts forecast that Anadarko Petroleum Co. will post 1.97 EPS for the current fiscal year.

APC has been the topic of several recent research reports. Scotiabank lowered shares of Anadarko Petroleum from a “sector outperform” rating to a “sector perform” rating and set a $71.40 target price on the stock. in a research note on Thursday, April 25th. Jefferies Financial Group lowered shares of Anadarko Petroleum from a “buy” rating to a “hold” rating and set a $79.00 target price on the stock. in a research note on Thursday, April 25th. Seaport Global Securities lowered shares of Anadarko Petroleum from a “buy” rating to a “neutral” rating and set a $71.60 target price on the stock. in a research note on Wednesday, May 29th. Cowen lowered shares of Anadarko Petroleum from an “outperform” rating to a “market perform” rating and raised their target price for the company from $71.00 to $72.00 in a research note on Wednesday, May 22nd. Finally, MKM Partners raised their target price on shares of Anadarko Petroleum to $73.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, twenty-three have given a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $70.25.

About Anadarko Petroleum

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

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