Oakbrook Investments LLC reduced its position in Anadarko Petroleum Co. (NYSE:APC) by 2.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,650 shares of the oil and gas development company’s stock after selling 350 shares during the quarter. Oakbrook Investments LLC’s holdings in Anadarko Petroleum were worth $1,104,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of Edwardsville bought a new position in shares of Anadarko Petroleum during the second quarter worth about $205,000. Pwmco LLC bought a new position in shares of Anadarko Petroleum during the second quarter worth about $699,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Anadarko Petroleum by 31.5% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 143,613 shares of the oil and gas development company’s stock worth $10,133,000 after purchasing an additional 34,400 shares during the last quarter. Wealthstreet Investment Advisors LLC bought a new position in shares of Anadarko Petroleum during the second quarter worth about $240,000. Finally, NEXT Financial Group Inc lifted its position in shares of Anadarko Petroleum by 30.5% during the second quarter. NEXT Financial Group Inc now owns 779 shares of the oil and gas development company’s stock worth $55,000 after purchasing an additional 182 shares during the last quarter. 85.08% of the stock is currently owned by institutional investors and hedge funds.

APC has been the topic of several research analyst reports. Mitsubishi UFJ Financial Group increased their price target on shares of Twilio from $121.00 to $133.00 in a research report on Friday, April 12th. Citigroup increased their price target on shares of Walt Disney from $126.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Piper Jaffray Companies set a $15.00 price target on shares of BioCryst Pharmaceuticals and gave the stock a “buy” rating in a research report on Monday, April 22nd. Argus increased their price target on shares of Sempra Energy to $142.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. Finally, Royal Bank of Canada increased their price target on shares of Alimentation Couche-Tard from C$85.00 to C$88.00 and gave the stock an “outperform” rating in a research report on Monday, April 15th. One research analyst has rated the stock with a sell rating, twenty-three have issued a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $70.25.

NYSE APC traded up $0.15 during trading hours on Friday, reaching $73.62. The company’s stock had a trading volume of 6,380,777 shares, compared to its average volume of 7,071,621. The company has a 50-day moving average of $71.34. The company has a market cap of $36.99 billion, a PE ratio of 32.58, a PEG ratio of 5.39 and a beta of 1.63. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.77 and a current ratio of 0.77. Anadarko Petroleum Co. has a 52 week low of $40.40 and a 52 week high of $76.23.

Anadarko Petroleum (NYSE:APC) last released its quarterly earnings results on Friday, July 26th. The oil and gas development company reported $0.51 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.04). The business had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.31 billion. Anadarko Petroleum had a net margin of 3.53% and a return on equity of 10.24%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $0.54 EPS. As a group, sell-side analysts forecast that Anadarko Petroleum Co. will post 2.1 EPS for the current fiscal year.

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).

Featured Story: Does a trade war provide a risk to the global economy?

Want to see what other hedge funds are holding APC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anadarko Petroleum Co. (NYSE:APC).

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

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