Zeke Capital Advisors LLC Purchases Shares of 4,253 Anadarko Petroleum Co. (NYSE:APC)

Zeke Capital Advisors LLC purchased a new stake in shares of Anadarko Petroleum Co. (NYSE:APC) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,253 shares of the oil and gas development company’s stock, valued at approximately $300,000.

A number of other large investors have also bought and sold shares of APC. Dimensional Fund Advisors LP increased its holdings in shares of Anadarko Petroleum by 5.2% in the fourth 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 purchasing an additional 154,340 shares during the last quarter. Geode Capital Management LLC increased its stake in Anadarko Petroleum by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 5,868,766 shares of the oil and gas development company’s stock worth $256,783,000 after acquiring an additional 88,243 shares during the last quarter. First American Trust FSB increased its stake in Anadarko Petroleum by 2.5% during the first quarter. First American Trust FSB now owns 41,023 shares of the oil and gas development company’s stock worth $1,866,000 after acquiring an additional 997 shares during the last quarter. Heritage Investors Management Corp increased its stake in Anadarko Petroleum by 24.0% during the first quarter. Heritage Investors Management Corp now owns 128,023 shares of the oil and gas development company’s stock worth $5,822,000 after acquiring an additional 24,750 shares during the last quarter. Finally, Bank of The West increased its stake in Anadarko Petroleum by 14.9% during the first quarter. Bank of The West now owns 64,635 shares of the oil and gas development company’s stock worth $2,940,000 after acquiring an additional 8,381 shares during the last quarter. 85.17% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have weighed in on the company. Tudor Pickering cut Anadarko Petroleum from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. BMO Capital Markets lowered Anadarko Petroleum from an “outperform” rating to a “market perform” rating in a research report on Monday, April 15th. Sanford C. Bernstein lowered Anadarko Petroleum from an “outperform” rating to a “market perform” rating and set a $72.55 target price for the company. in a research report on Tuesday, April 30th. Zacks Investment Research upgraded Anadarko Petroleum from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a research report on Tuesday, April 16th. Finally, Citigroup began coverage on Anadarko Petroleum in a research report on Tuesday, April 9th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, twenty-three have issued a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $70.25.

Shares of NYSE APC traded down $0.49 during trading hours on Wednesday, reaching $72.31. The stock had a trading volume of 655,131 shares, compared to its average volume of 6,833,539. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.95. The firm has a market cap of $36.32 billion, a price-to-earnings ratio of 32.00, a price-to-earnings-growth ratio of 5.76 and a beta of 1.64. The company has a fifty day moving average price of $72.12. Anadarko Petroleum Co. has a 52-week low of $40.40 and a 52-week high of $76.23.

Anadarko Petroleum (NYSE:APC) last announced its quarterly earnings results on Friday, July 26th. The oil and gas development company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.04). The firm had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Anadarko Petroleum had a negative net margin of 4.20% and a positive return on equity of 10.49%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. As a group, equities research analysts anticipate that Anadarko Petroleum Co. will post 1.97 EPS for the current year.

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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