Clear Harbor Asset Management LLC lifted its position in Anadarko Petroleum Co. (NYSE:APC) by 39.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,900 shares of the oil and gas development company’s stock after purchasing an additional 3,100 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in Anadarko Petroleum were worth $496,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Strs Ohio increased its holdings in shares of Anadarko Petroleum by 3.6% in the first quarter. Strs Ohio now owns 288,370 shares of the oil and gas development company’s stock worth $13,115,000 after purchasing an additional 10,085 shares during the period. Liberty Wealth Management LLC increased its holdings in shares of Anadarko Petroleum by 78.6% in the first quarter. Liberty Wealth Management LLC now owns 552 shares of the oil and gas development company’s stock worth $25,000 after purchasing an additional 243 shares during the period. Brookstone Capital Management bought a new position in shares of Anadarko Petroleum in the first quarter worth $207,000. Cobiz Wealth LLC increased its holdings in shares of Anadarko Petroleum by 15.6% in the first quarter. Cobiz Wealth LLC now owns 64,455 shares of the oil and gas development company’s stock worth $2,931,000 after purchasing an additional 8,704 shares during the period. Finally, Oakbrook Investments LLC bought a new position in shares of Anadarko Petroleum in the first quarter worth $728,000. 87.06% of the stock is currently owned by hedge funds and other institutional investors.

APC opened at $64.18 on Friday. The firm has a market capitalization of $32.06 billion, a P/E ratio of 28.40, a PEG ratio of 2.59 and a beta of 1.55. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.41. Anadarko Petroleum Co. has a 52 week low of $40.40 and a 52 week high of $76.70.

Anadarko Petroleum (NYSE:APC) last released its earnings results on Tuesday, February 5th. The oil and gas development company reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.19). The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.47 billion. Anadarko Petroleum had a net margin of 4.60% and a return on equity of 10.14%. The firm’s revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.18 EPS. As a group, sell-side analysts anticipate that Anadarko Petroleum Co. will post 1.98 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 13th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, March 12th. This represents a $1.20 annualized dividend and a yield of 1.87%. Anadarko Petroleum’s payout ratio is 53.10%.

Several research firms have recently weighed in on APC. ValuEngine raised shares of Anadarko Petroleum from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. Zacks Investment Research raised shares of Anadarko Petroleum from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a report on Tuesday. Cowen reaffirmed a “buy” rating and issued a $71.00 price target on shares of Anadarko Petroleum in a report on Wednesday. Guggenheim cut Anadarko Petroleum from a “buy” rating to a “hold” rating and set a $69.00 target price on the stock. in a research note on Friday, April 12th. Finally, Argus cut Anadarko Petroleum from a “buy” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and thirteen have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $72.00.

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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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