DFT Energy LP decreased its position in shares of Anadarko Petroleum Co. (NYSE:APC) by 50.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 100,000 shares of the oil and gas development company’s stock after selling 100,000 shares during the period. Anadarko Petroleum accounts for approximately 10.4% of DFT Energy LP’s portfolio, making the stock its 3rd biggest position. DFT Energy LP’s holdings in Anadarko Petroleum were worth $4,384,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. raised its holdings in Anadarko Petroleum by 11.8% during the third quarter. BlackRock Inc. now owns 47,443,900 shares of the oil and gas development company’s stock valued at $3,198,193,000 after buying an additional 5,004,406 shares in the last quarter. FMR LLC raised its holdings in Anadarko Petroleum by 9.2% during the second quarter. FMR LLC now owns 23,949,562 shares of the oil and gas development company’s stock valued at $1,754,305,000 after buying an additional 2,011,856 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Anadarko Petroleum by 1.7% during the third quarter. Bank of New York Mellon Corp now owns 8,079,505 shares of the oil and gas development company’s stock valued at $544,639,000 after buying an additional 138,019 shares in the last quarter. Janus Henderson Group PLC raised its holdings in Anadarko Petroleum by 22.8% during the third quarter. Janus Henderson Group PLC now owns 7,350,604 shares of the oil and gas development company’s stock valued at $495,505,000 after buying an additional 1,363,271 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Anadarko Petroleum by 350.0% during the third quarter. AQR Capital Management LLC now owns 5,737,992 shares of the oil and gas development company’s stock valued at $386,798,000 after buying an additional 4,462,780 shares in the last quarter. 84.94% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on APC shares. Guggenheim restated a “buy” rating and set a $79.00 target price on shares of Anadarko Petroleum in a report on Thursday, November 1st. Credit Suisse Group set a $89.00 target price on Anadarko Petroleum and gave the stock a “buy” rating in a research report on Wednesday, October 31st. Stifel Nicolaus reissued a “buy” rating and set a $80.00 target price on shares of Anadarko Petroleum in a research report on Wednesday, October 31st. BMO Capital Markets reissued a “buy” rating and set a $85.00 target price on shares of Anadarko Petroleum in a research report on Thursday, October 11th. Finally, Piper Jaffray Companies set a $85.00 target price on Anadarko Petroleum and gave the stock a “buy” rating in a research report on Sunday, September 30th. Seven analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $78.90.

NYSE APC traded down $0.47 during trading on Monday, reaching $47.18. 208,042 shares of the company traded hands, compared to its average volume of 4,558,174. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $24.16 billion, a price-to-earnings ratio of -24.03, a PEG ratio of 1.42 and a beta of 1.55. Anadarko Petroleum Co. has a 1-year low of $40.40 and a 1-year high of $76.70.

Anadarko Petroleum (NYSE:APC) last released its quarterly earnings data on Tuesday, October 30th. The oil and gas development company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.02). The company had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.47 billion. Anadarko Petroleum had a net margin of 11.49% and a return on equity of 8.90%. The firm’s revenue for the quarter was up 48.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.77) earnings per share. On average, analysts predict that Anadarko Petroleum Co. will post 2.6 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 26th. Shareholders of record on Wednesday, December 12th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.54%. This is an increase from Anadarko Petroleum’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, December 11th. Anadarko Petroleum’s payout ratio is presently -61.22%.

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Anadarko Petroleum Company 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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