Caymus Capital Partners L.P. lessened its stake in Anadarko Petroleum Corporation (NYSE:APC) by 35.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,096,550 shares of the oil and gas development company’s stock after selling 608,150 shares during the quarter. Anadarko Petroleum Corporation comprises approximately 6.7% of Caymus Capital Partners L.P.’s holdings, making the stock its 7th biggest holding. Caymus Capital Partners L.P. owned approximately 0.20% of Anadarko Petroleum Corporation worth $53,566,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Sigma Investment Counselors Inc. boosted its holdings in shares of Anadarko Petroleum Corporation by 2.8% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 40,400 shares of the oil and gas development company’s stock valued at $1,974,000 after purchasing an additional 1,086 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of Anadarko Petroleum Corporation by 0.7% in the 3rd quarter. Rhumbline Advisers now owns 968,170 shares of the oil and gas development company’s stock valued at $47,295,000 after purchasing an additional 7,095 shares during the last quarter. Advisor Group Inc. boosted its holdings in shares of Anadarko Petroleum Corporation by 8.4% in the 3rd quarter. Advisor Group Inc. now owns 19,438 shares of the oil and gas development company’s stock valued at $950,000 after purchasing an additional 1,510 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Anadarko Petroleum Corporation by 79.9% in the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 85,962 shares of the oil and gas development company’s stock valued at $4,199,000 after purchasing an additional 38,192 shares during the last quarter. Finally, Toronto Dominion Bank boosted its holdings in shares of Anadarko Petroleum Corporation by 20.7% in the 3rd quarter. Toronto Dominion Bank now owns 231,244 shares of the oil and gas development company’s stock valued at $11,295,000 after purchasing an additional 39,676 shares during the last quarter. Institutional investors own 87.41% of the company’s stock.

APC has been the topic of several recent research reports. BidaskClub lowered shares of Anadarko Petroleum Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. Mitsubishi UFJ Financial Group upgraded shares of Anadarko Petroleum Corporation from a “neutral” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Thursday, July 27th. Stifel Nicolaus restated a “buy” rating and set a $78.00 target price (down previously from $80.00) on shares of Anadarko Petroleum Corporation in a report on Tuesday, July 25th. Scotiabank restated a “buy” rating and set a $62.00 target price on shares of Anadarko Petroleum Corporation in a report on Wednesday, November 1st. Finally, Bank of America Corporation reduced their target price on shares of Anadarko Petroleum Corporation from $81.00 to $80.00 and set a “buy” rating on the stock in a report on Tuesday, July 25th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Anadarko Petroleum Corporation currently has a consensus rating of “Buy” and an average price target of $66.77.

Shares of Anadarko Petroleum Corporation (NYSE APC) traded down $1.93 during trading hours on Tuesday, hitting $48.30. 4,096,417 shares of the company were exchanged, compared to its average volume of 4,995,333. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.11. Anadarko Petroleum Corporation has a twelve month low of $39.96 and a twelve month high of $73.33.

Anadarko Petroleum Corporation (NYSE:APC) last announced its quarterly earnings data on Tuesday, October 31st. The oil and gas development company reported ($0.77) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.56) by ($0.21). Anadarko Petroleum Corporation had a negative net margin of 17.13% and a negative return on equity of 9.82%. The business had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the company earned ($0.89) EPS. Anadarko Petroleum Corporation’s quarterly revenue was up 31.9% on a year-over-year basis. equities analysts expect that Anadarko Petroleum Corporation will post -2.23 earnings per share for the current fiscal year.

Anadarko Petroleum Corporation announced that its Board of Directors has authorized a share repurchase plan on Wednesday, September 20th that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the oil and gas development company to buy up to 10% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

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Anadarko Petroleum Corporation Company Profile

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. The Company’s segments include Oil and Gas Exploration and Production; Midstream, and Marketing. The Company’s geographical segments include the United States and International.

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

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