Teacher Retirement System of Texas increased its stake in shares of Anadarko Petroleum Corporation (NYSE:APC) by 0.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 725,571 shares of the oil and gas development company’s stock after buying an additional 243 shares during the period. Teacher Retirement System of Texas’ holdings in Anadarko Petroleum Corporation were worth $32,897,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Clean Yield Group acquired a new stake in Anadarko Petroleum Corporation during the first quarter valued at approximately $105,000. Assetmark Inc. increased its stake in Anadarko Petroleum Corporation by 10.7% in the first quarter. Assetmark Inc. now owns 1,815 shares of the oil and gas development company’s stock valued at $113,000 after buying an additional 176 shares during the period. Guardian Life Insurance Co. of America increased its stake in Anadarko Petroleum Corporation by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 2,156 shares of the oil and gas development company’s stock valued at $134,000 after buying an additional 15 shares during the period. Winch Advisory Services LLC increased its stake in Anadarko Petroleum Corporation by 501.9% in the first quarter. Winch Advisory Services LLC now owns 2,167 shares of the oil and gas development company’s stock valued at $126,000 after buying an additional 1,807 shares during the period. Finally, Financial Architects Inc increased its stake in Anadarko Petroleum Corporation by 31.6% in the first quarter. Financial Architects Inc now owns 2,290 shares of the oil and gas development company’s stock valued at $142,000 after buying an additional 550 shares during the period. Institutional investors and hedge funds own 84.56% of the company’s stock.

Shares of Anadarko Petroleum Corporation (NYSE:APC) opened at 43.54 on Friday. Anadarko Petroleum Corporation has a 1-year low of $42.58 and a 1-year high of $73.33. The firm’s 50 day moving average is $44.60 and its 200 day moving average is $55.50. The firm’s market capitalization is $24.40 billion.

Anadarko Petroleum Corporation (NYSE:APC) last issued its quarterly earnings results on Monday, July 24th. The oil and gas development company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.35) by $0.42. Anadarko Petroleum Corporation had a negative return on equity of 9.71% and a negative net margin of 19.31%. The business had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the firm posted ($0.60) earnings per share. Anadarko Petroleum Corporation’s revenue was up 41.8% compared to the same quarter last year. Analysts anticipate that Anadarko Petroleum Corporation will post ($2.11) EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 27th. Shareholders of record on Wednesday, September 13th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.46%. The ex-dividend date is Tuesday, September 12th. Anadarko Petroleum Corporation’s dividend payout ratio (DPR) is presently -5.14%.

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Several analysts recently commented on APC shares. Citigroup Inc. reduced their price target on shares of Anadarko Petroleum Corporation from $85.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, July 21st. Stifel Nicolaus reiterated a “buy” rating and issued a $81.00 price target (up previously from $77.00) on shares of Anadarko Petroleum Corporation in a research report on Friday, May 12th. Royal Bank Of Canada set a $84.00 price target on shares of Anadarko Petroleum Corporation and gave the company a “buy” rating in a research report on Thursday, April 20th. Jefferies Group LLC set a $62.00 price target on shares of Anadarko Petroleum Corporation and gave the company a “buy” rating in a research report on Tuesday, June 6th. Finally, Barclays PLC downgraded shares of Anadarko Petroleum Corporation from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $52.00 to $42.00 in a research report on Wednesday, June 14th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $69.81.

In other Anadarko Petroleum Corporation news, Director Anthony R. Chase purchased 1,905 shares of the company’s stock in a transaction on Thursday, May 18th. The shares were purchased at an average cost of $52.48 per share, for a total transaction of $99,974.40. Following the completion of the transaction, the director now owns 23,636 shares in the company, valued at $1,240,417.28. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman R A. Walker purchased 19,300 shares of the company’s stock in a transaction on Wednesday, May 17th. The stock was acquired at an average price of $51.82 per share, for a total transaction of $1,000,126.00. Following the completion of the transaction, the chairman now owns 176,718 shares of the company’s stock, valued at approximately $9,157,526.76. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 41,205 shares of company stock worth $2,136,700. 0.45% of the stock is owned by company insiders.

About Anadarko Petroleum Corporation

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. The Company’s segments include Oil and Gas Exploration and Production; Midstream, and Marketing. The Company’s geographical segments include the United States and International.

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

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