Shares of Apache Corp. (NYSE:APA) traded up 5.3% during mid-day trading on Tuesday . The stock traded as high as $58.34 and last traded at $58.04, with a volume of 1,398,043 shares trading hands. The stock had previously closed at $55.11.

A number of analysts have weighed in on the company. Vetr cut Apache Corp. from a “hold” rating to a “sell” rating and set a $52.59 price target on the stock. in a research note on Wednesday, April 20th. Credit Suisse Group AG restated a “hold” rating and issued a $60.00 price target on shares of Apache Corp. in a research note on Friday, May 6th. Wells Fargo & Co. upgraded Apache Corp. from a “market perform” rating to an “outperform” rating and raised their price target for the company from $32.30 to $47.23 in a research note on Friday, April 8th. Sanford C. Bernstein restated an “outperform” rating on shares of Apache Corp. in a research note on Monday, May 16th. Finally, Iberia Capital raised their price target on Apache Corp. from $53.00 to $60.00 and gave the company a “sector perform” rating in a research note on Thursday, May 26th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $54.64.

The company’s market capitalization is $21.75 billion. The stock has a 50-day moving average of $55.68 and a 200 day moving average of $48.47.

Apache Corp. (NYSE:APA) last released its quarterly earnings data on Thursday, May 5th. The energy company reported ($0.40) earnings per share for the quarter, topping the consensus estimate of ($0.89) by $0.49. During the same quarter last year, the business posted ($0.37) EPS. Analysts predict that Apache Corp. will post ($0.87) earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 22nd. Investors of record on Friday, July 22nd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, July 20th. This represents a $1.00 annualized dividend and a yield of 1.77%.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Apache Corp. by 0.5% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 33,260 shares of the energy company’s stock valued at $1,479,000 after buying an additional 174 shares during the period. Tredje AP fonden boosted its position in Apache Corp. by 1.9% in the fourth quarter. Tredje AP fonden now owns 24,283 shares of the energy company’s stock valued at $1,080,000 after buying an additional 460 shares during the period. Advantus Capital Management Inc boosted its position in Apache Corp. by 3.1% in the fourth quarter. Advantus Capital Management Inc now owns 36,381 shares of the energy company’s stock valued at $1,618,000 after buying an additional 1,091 shares during the period. Gulf International Bank UK Ltd boosted its position in Apache Corp. by 2.1% in the fourth quarter. Gulf International Bank UK Ltd now owns 113,111 shares of the energy company’s stock valued at $5,030,000 after buying an additional 2,310 shares during the period. Finally, GAM Holding AG boosted its position in Apache Corp. by 2.0% in the fourth quarter. GAM Holding AG now owns 134,420 shares of the energy company’s stock valued at $5,977,000 after buying an additional 2,662 shares during the period.

Apache Corporation (Apache) is an independent energy company. Both domestically and internationally, the Company explores for, develops and produces natural gas, crude oil and natural gas liquids. The Company has exploration and production interests in four countries: the United States, Canada, Egypt, and the United Kingdom (North Sea).

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