Quantbot Technologies LP increased its holdings in Anadarko Petroleum Corporation (NYSE:APC) by 125.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,985 shares of the oil and gas development company’s stock after purchasing an additional 37,848 shares during the period. Quantbot Technologies LP’s holdings in Anadarko Petroleum Corporation were worth $3,082,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Artemis Investment Management LLP boosted its holdings in Anadarko Petroleum Corporation by 8.0% in the second quarter. Artemis Investment Management LLP now owns 36,565 shares of the oil and gas development company’s stock worth $1,658,000 after purchasing an additional 2,698 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Anadarko Petroleum Corporation by 1.6% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,121,709 shares of the oil and gas development company’s stock worth $50,858,000 after purchasing an additional 17,411 shares in the last quarter. Andra AP fonden boosted its holdings in Anadarko Petroleum Corporation by 13.7% in the second quarter. Andra AP fonden now owns 84,000 shares of the oil and gas development company’s stock worth $3,809,000 after purchasing an additional 10,100 shares in the last quarter. Cipher Capital LP boosted its holdings in Anadarko Petroleum Corporation by 364.8% in the second quarter. Cipher Capital LP now owns 140,420 shares of the oil and gas development company’s stock worth $6,367,000 after purchasing an additional 110,209 shares in the last quarter. Finally, Quantitative Investment Management LLC boosted its holdings in Anadarko Petroleum Corporation by 1,683.1% in the first quarter. Quantitative Investment Management LLC now owns 148,000 shares of the oil and gas development company’s stock worth $9,176,000 after purchasing an additional 139,700 shares in the last quarter. Hedge funds and other institutional investors own 85.05% of the company’s stock.

Shares of Anadarko Petroleum Corporation (NYSE APC) traded up 1.53% during mid-day trading on Friday, reaching $49.23. 2,639,928 shares of the company’s stock traded hands. Anadarko Petroleum Corporation has a 12 month low of $39.96 and a 12 month high of $73.33. The stock’s market cap is $27.59 billion. The firm has a 50 day moving average price of $42.72 and a 200-day moving average price of $50.53.

Anadarko Petroleum Corporation (NYSE:APC) last issued its 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). The firm had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.50 billion. Anadarko Petroleum Corporation had a negative net margin of 19.31% and a negative return on equity of 9.71%. Anadarko Petroleum Corporation’s quarterly revenue was up 41.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.60) earnings per share. On average, analysts predict that Anadarko Petroleum Corporation will post ($2.12) earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Wednesday, September 13th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.45%. The ex-dividend date is Tuesday, September 12th. Anadarko Petroleum Corporation’s payout ratio is presently -5.14%.

Anadarko Petroleum Corporation declared that its Board of Directors has approved a stock repurchase plan on Wednesday, September 20th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the oil and gas development company to purchase up to 10% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

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A number of equities research analysts recently issued reports on APC shares. Stifel Nicolaus reiterated a “buy” rating on shares of Anadarko Petroleum Corporation in a report on Sunday, September 3rd. Citigroup Inc. started coverage on shares of Anadarko Petroleum Corporation in a report on Thursday, June 29th. They issued a “positive” rating and a $60.00 price objective for the company. They noted that the move was a valuation call. Jefferies Group LLC set a $62.00 target price on shares of Anadarko Petroleum Corporation and gave the stock a “buy” rating in a research report on Monday, August 28th. BMO Capital Markets reissued a “hold” rating and set a $53.00 target price on shares of Anadarko Petroleum Corporation in a research report on Monday, September 4th. Finally, BidaskClub lowered shares of Anadarko Petroleum Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $70.13.

Anadarko Petroleum Corporation Company Profile

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.

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

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