Meiji Yasuda Asset Management Co Ltd. decreased its position in Anadarko Petroleum Co. (NYSE:APC) by 17.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,165 shares of the oil and gas development company’s stock after selling 6,750 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Anadarko Petroleum were worth $1,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Liberty Wealth Management LLC increased its stake in Anadarko Petroleum by 78.6% in the 1st quarter. Liberty Wealth Management LLC now owns 552 shares of the oil and gas development company’s stock worth $25,000 after acquiring an additional 243 shares during the last quarter. Enterprise Financial Services Corp increased its stake in Anadarko Petroleum by 103.7% in the 1st quarter. Enterprise Financial Services Corp now owns 546 shares of the oil and gas development company’s stock worth $25,000 after acquiring an additional 278 shares during the last quarter. Claybrook Capital LLC bought a new stake in Anadarko Petroleum in the 4th quarter worth approximately $29,000. Shine Investment Advisory Services Inc. increased its stake in Anadarko Petroleum by 35.0% in the 1st quarter. Shine Investment Advisory Services Inc. now owns 675 shares of the oil and gas development company’s stock worth $31,000 after acquiring an additional 175 shares during the last quarter. Finally, First Interstate Bank increased its stake in Anadarko Petroleum by 797.8% in the 1st quarter. First Interstate Bank now owns 808 shares of the oil and gas development company’s stock worth $37,000 after acquiring an additional 718 shares during the last quarter. 85.78% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have issued reports on APC shares. Mizuho reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Anadarko Petroleum in a research note on Tuesday, February 12th. Guggenheim set a $69.00 price objective on Anadarko Petroleum and gave the stock a “buy” rating in a research note on Friday, February 22nd. Zacks Investment Research raised Anadarko Petroleum from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Citigroup started coverage on Anadarko Petroleum in a research note on Monday, April 1st. They issued a “buy” rating and a $65.00 price objective on the stock. Finally, Societe Generale downgraded Anadarko Petroleum from a “buy” rating to a “hold” rating in a research note on Friday, April 12th. One analyst has rated the stock with a sell rating, twenty-three have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $70.25.

APC traded down $0.17 during trading hours on Wednesday, reaching $69.93. 2,791,745 shares of the company’s stock traded hands, compared to its average volume of 9,604,453. Anadarko Petroleum Co. has a 52-week low of $40.40 and a 52-week high of $76.70. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.51. The stock has a market cap of $35.09 billion, a P/E ratio of 30.94, a PEG ratio of 4.01 and a beta of 1.72.

Anadarko Petroleum (NYSE:APC) last posted its quarterly earnings data on Thursday, April 25th. The oil and gas development company reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.23. Anadarko Petroleum had a return on equity of 10.24% and a net margin of 3.53%. The company had revenue of $3.22 billion during the quarter, compared to analysts’ expectations of $2.91 billion. During the same quarter in the previous year, the business earned $0.52 EPS. Anadarko Petroleum’s revenue was up 5.7% compared to the same quarter last year. Equities analysts anticipate that Anadarko Petroleum Co. will post 2.69 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 26th. Investors of record on Wednesday, June 12th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Tuesday, June 11th. Anadarko Petroleum’s payout ratio is currently 53.10%.

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Anadarko Petroleum Profile

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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