American National Registered Investment Advisor Inc. reduced its position in Andeavor (NYSE:ANDV) by 35.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,193 shares of the oil and gas company’s stock after selling 2,876 shares during the period. American National Registered Investment Advisor Inc.’s holdings in Andeavor were worth $797,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. LSV Asset Management grew its stake in Andeavor by 4.0% in the 2nd quarter. LSV Asset Management now owns 1,251,874 shares of the oil and gas company’s stock valued at $164,220,000 after acquiring an additional 48,700 shares during the period. Alpine Associates Management Inc. acquired a new stake in Andeavor in the 2nd quarter valued at $154,009,000. Natixis grew its stake in Andeavor by 9,275.8% in the 2nd quarter. Natixis now owns 772,003 shares of the oil and gas company’s stock valued at $101,271,000 after acquiring an additional 763,769 shares during the period. Massachusetts Financial Services Co. MA grew its stake in Andeavor by 5.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 737,134 shares of the oil and gas company’s stock valued at $113,150,000 after acquiring an additional 40,834 shares during the period. Finally, Swiss National Bank grew its stake in Andeavor by 1.6% in the 2nd quarter. Swiss National Bank now owns 483,400 shares of the oil and gas company’s stock valued at $63,412,000 after acquiring an additional 7,400 shares during the period. Institutional investors and hedge funds own 77.65% of the company’s stock.

Andeavor has a one year low of $89.58 and a one year high of $163.19.

A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada lifted their price target on shares of Andeavor to $151.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 14th. They noted that the move was a valuation call. Citigroup lifted their price target on shares of Andeavor from $148.00 to $155.00 and gave the company a “hold” rating in a research note on Friday, September 7th. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Andeavor has an average rating of “Hold” and an average price target of $147.73.

In other news, Director Paul L. Foster sold 52,800 shares of the business’s stock in a transaction dated Thursday, September 13th. The shares were sold at an average price of $155.74, for a total transaction of $8,223,072.00. Following the transaction, the director now owns 1,255,452 shares of the company’s stock, valued at approximately $195,524,094.48. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 7.00% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally posted by Marea Informative and is the property of of Marea Informative. If you are accessing this report on another publication, it was stolen and republished in violation of US & international copyright laws. The legal version of this report can be read at https://www.mareainformativa.com/news/2018/12/08/american-national-registered-investment-advisor-inc-has-797000-position-in-andeavor-andv-updated-updated-updated.html.

Andeavor Profile

Andeavor, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. The company operates in three segments: Marketing, Logistics, and Refining. The Marketing segment sells gasoline and diesel fuel through retail, branded, and unbranded channels.

Featured Story: What Does Beta Mean In Stock Selection

Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

Receive News & Ratings for Andeavor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andeavor and related companies with MarketBeat.com's FREE daily email newsletter.