Traders purchased shares of Anadarko Petroleum Corp. (NYSE:APC) on weakness during trading hours on Friday. $47.55 million flowed into the stock on the tick-up and $27.81 million flowed out of the stock on the tick-down, for a money net flow of $19.74 million into the stock. Of all companies tracked, Anadarko Petroleum Corp. had the 20th highest net in-flow for the day. Anadarko Petroleum Corp. traded down ($1.11) for the day and closed at $54.83

A number of analysts have weighed in on the company. Goldman Sachs Group Inc. reiterated a “buy” rating and set a $60.00 price target (up from $58.00) on shares of Anadarko Petroleum Corp. in a report on Tuesday, May 3rd. Citigroup Inc. reiterated a “buy” rating and set a $65.00 price target on shares of Anadarko Petroleum Corp. in a report on Tuesday, May 3rd. Bank of America Corp. reiterated a “buy” rating on shares of Anadarko Petroleum Corp. in a report on Tuesday, May 3rd. Simmons reiterated a “buy” rating on shares of Anadarko Petroleum Corp. in a report on Saturday, May 14th. Finally, Zacks Investment Research upgraded Anadarko Petroleum Corp. from a “hold” rating to a “buy” rating and set a $63.00 price target for the company in a report on Tuesday, July 12th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-three have assigned a buy rating to the stock. Anadarko Petroleum Corp. presently has a consensus rating of “Buy” and a consensus price target of $66.91.

The stock has a 50 day moving average price of $54.23 and a 200-day moving average price of $49.08. The company’s market capitalization is $27.99 billion.

Anadarko Petroleum Corp. (NYSE:APC) last issued its quarterly earnings data on Tuesday, July 26th. The oil and gas development company reported ($0.60) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.80) by $0.20. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter last year, the company earned $0.01 EPS. The firm’s revenue for the quarter was down 27.4% on a year-over-year basis. On average, analysts predict that Anadarko Petroleum Corp. will post ($2.83) earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 28th. Investors of record on Wednesday, September 14th will be given a dividend of $0.05 per share. The ex-dividend date is Monday, September 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.36%.

Other hedge funds and institutional investors have added to or reduced their stakes in the company. Principal Financial Group Inc. increased its position in Anadarko Petroleum Corp. by 2.1% in the fourth quarter. Principal Financial Group Inc. now owns 662,796 shares of the oil and gas development company’s stock valued at $32,199,000 after buying an additional 13,452 shares during the last quarter. Marshall Wace LLP acquired a new position in Anadarko Petroleum Corp. during the fourth quarter valued at $2,228,000. Airain ltd increased its position in Anadarko Petroleum Corp. by 160.3% in the fourth quarter. Airain ltd now owns 302,980 shares of the oil and gas development company’s stock valued at $14,719,000 after buying an additional 186,566 shares during the last quarter. Finally, King Luther Capital Management Corp increased its position in Anadarko Petroleum Corp. by 0.6% in the fourth quarter. King Luther Capital Management Corp now owns 157,505 shares of the oil and gas development company’s stock valued at $7,652,000 after buying an additional 871 shares during the last quarter.

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company’s segments include Oil and Gas Exploration & Production; Midstream, and Marketing. The Oil and Gas Exploration & Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company’s liquefied natural gas (LNG) project in Mozambique.

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