Published: Fri, February 09, 2018
Finance | By Cynthia Curry

Stock under Analysts Consideration: Anadarko Petroleum Corporation (APC)

Stock under Analysts Consideration: Anadarko Petroleum Corporation (APC)

Anadarko raised its quarterly dividend to 25 cents per share from 5 cent per share, and added a further $500 million to its $2.5 billion-share buyback program.

Anadarko Petroleum ( APC ), the US-based independent exploration and production (E&P) company, posted a strong improvement in its December quarter and full year financial results (( Anadarko Announces December Quarter 2017 Results, 6th February 2018, www.anadarko.com)), backed by the recovery in the commodity prices during the year. It has underperformed by 8.41% the S&P500. Lpl Fincl Limited Co stated it has 59,101 shares or 0.03% of all its holdings. It also upped Ishares Tr (TLT) stake by 1.36M shares and now owns 2.09M shares. The stock decreased 0.29% or $0.52 during the last trading session, reaching $181.49.

In case of Revenue Estimates, 9 analysts have provided their consensus Average Revenue Estimates for Anadarko Petroleum Corporation as 2.82 Billion. Therefore 25% are positive. According to these analysts, the Low Revenue Estimate for Anadarko Petroleum Corporation is 2.37 Billion and the High Revenue Estimate is 3.11 Billion. The company was maintained on Monday, November 6 by UBS. Price Target plays a critical role when it comes to the analysis of a Stock. (NASDAQ:AQXP) earned "Buy" rating by Canaccord Genuity on Tuesday, August 8. The company was downgraded on Monday, July 17 by Keefe Bruyette & Woods.

2/7/2018-Stifel Nicolaus Reiterated Rating of Buy. BMO Capital Markets maintained it with "Hold" rating and $53.0 target in Friday, September 1 report. Piper Jaffray Companies started coverage on Anadarko Petroleum in a research note on Thursday, December 21st. The firm has "Hold" rating given on Friday, September 11 by Canaccord Genuity. Saba Capital Management Lp sold 297,753 shares as the company's stock declined 20.17% while stock markets rallied. (OMC) worth $1.22 billion at the end of the most recent reporting period.The investor is now holding 16,587,525 shares thanks to an increase of 641,195 new shares in their portfolio. Its up 0.07, from 1.06 in 2017Q2. The number of shares now owned by investors are 568.08 mln. Artemis Investment Management LLP raised its stake in Anadarko Petroleum by 15.6% during the third quarter. Broadview Advisors Llc, a Wisconsin-based fund reported 38,300 shares. Natl Bank invested 0.02% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). The lower end of the projection is $-0.52 per share, while the higher end is $0.8 per share.

Wall Street brokerage firms that regularly cover the stock have provided price targets and recommendations on Anadarko Petroleum Corporation (NYSE:APC). (NYSE:APC) by 45.6% during the 4th quarter, HoldingsChannel reports. Griffin Asset accumulated 20,802 shares. Aperio Group Ltd Limited Liability Company holds 231,239 shares. State Common Retirement Fund invested in 1.59 million shares. Suntrust Banks accumulated 0.01% or 29,110 shares. Metropolitan Life has invested 0.08% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC).

At the session level, shares of Omnicom Group Inc.(NYSE:OMC) moved 1.88% from the open. It also reduced its holding in Avis Budget Group (NASDAQ:CAR) by 140,000 shares in the quarter, leaving it with 6.40 million shares, and cut its stake in Trivago N V. Ishares Tr (HYG) was raised too.

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Investors sentiment increased to 1.9 in 2017 Q3. Its down 0.48, from 1.65 in 2017Q2. It improved, as 56 investors sold C shares while 400 reduced holdings. Bp Public Limited Co holds 0.12% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 69,000 shares. Barrett Asset Management Lc invested in 72,918 shares or 0.26% of the stock. First Quadrant Lp Ca owns 3,100 shares. Axa reported 119,964 shares or 0.12% of all its holdings. State Of Wisconsin Invest Board holds 0% or 164,000 shares in its portfolio.

Water Island Capital Llc increased Aetna Inc New (AET) stake by 19.87% reported in 2017Q3 SEC filing. (NYSE:AYI). Bath Savings Tru invested 0.13% of its portfolio in Acuity Brands, Inc. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems stated it has 0.06% in Aetna Inc. 5,872 were reported by M&T Bancorporation Corp. Rhumbline Advisers invested 0.01% in Zynga Inc. (NYSE:AYI). Bronson Point Management Ltd Liability Corp stated it has 2.75% of its portfolio in Acuity Brands, Inc. (NYSE:AET) for 1.02M shares.

Among 40 analysts covering Citigroup Inc. Therefore 45% are positive. 0 analysts gave its stock an Outperform rating. KeyBanc Capital Markets maintained the shares of ZNGA in report on Monday, October 16 with "Hold" rating. Cantor Fitzgerald maintained Synergy Pharmaceuticals Inc. As per Wednesday, February 3, the company rating was maintained by Credit Suisse. The rating was maintained by Cantor Fitzgerald on Friday, September 8 with "Buy".

On 5/10/2017 Anadarko Petroleum announced a quarterly dividend of $0.05 0.39% with an ex dividend date of 6/12/2017 which will be payable on 6/28/2017. (NYSE:AET) rating on Tuesday, January 30. The company was maintained on Monday, August 10 by Morgan Stanley.

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