Virtu KCG Holdings LLC raised its stake in shares of Anadarko Petroleum Corporation (NYSE:APC) by 34.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,782 shares of the oil and gas development company’s stock after buying an additional 28,135 shares during the quarter. Virtu KCG Holdings LLC’s holdings in Anadarko Petroleum Corporation were worth $4,978,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. grew its position in shares of Anadarko Petroleum Corporation by 10.7% during the 1st quarter. Assetmark Inc. now owns 1,815 shares of the oil and gas development company’s stock worth $113,000 after buying an additional 176 shares during the period. Guardian Life Insurance Co. of America grew its position in shares of Anadarko Petroleum Corporation by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 2,156 shares of the oil and gas development company’s stock worth $134,000 after buying an additional 15 shares during the period. Fifth Third Bancorp grew its position in shares of Anadarko Petroleum Corporation by 33.9% during the 1st quarter. Fifth Third Bancorp now owns 2,687 shares of the oil and gas development company’s stock worth $167,000 after buying an additional 680 shares during the period. FNY Partners Fund LP grew its position in shares of Anadarko Petroleum Corporation by 2,900.0% during the 2nd quarter. FNY Partners Fund LP now owns 3,000 shares of the oil and gas development company’s stock worth $136,000 after buying an additional 2,900 shares during the period. Finally, Global X Management Co. LLC grew its position in shares of Anadarko Petroleum Corporation by 27.5% during the 1st quarter. Global X Management Co. LLC now owns 3,326 shares of the oil and gas development company’s stock worth $206,000 after buying an additional 718 shares during the period. Institutional investors own 85.05% of the company’s stock.

Shares of Anadarko Petroleum Corporation (NYSE APC) traded up 0.70% during midday trading on Friday, hitting $48.83. The stock had a trading volume of 7,701,321 shares. The firm’s market cap is $27.36 billion. The company’s 50 day moving average is $42.72 and its 200 day moving average is $50.53. Anadarko Petroleum Corporation has a 52 week low of $39.96 and a 52 week high of $73.33.

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 Zacks’ consensus estimate of ($0.35) by ($0.42). The business had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.50 billion. Anadarko Petroleum Corporation had a negative return on equity of 9.71% and a negative net margin of 19.31%. The business’s revenue was up 41.8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.60) earnings per share. On average, equities analysts predict that Anadarko Petroleum Corporation will post ($2.12) earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 27th. Investors of record on Wednesday, September 13th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.41%. Anadarko Petroleum Corporation’s dividend payout ratio (DPR) is currently -5.14%.

Anadarko Petroleum Corporation announced that its Board of Directors has approved a share buyback program on Wednesday, September 20th that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the oil and gas development company to repurchase up to 10% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

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Several equities analysts have recently issued reports on APC shares. BMO Capital Markets boosted their target price on Anadarko Petroleum Corporation from $50.00 to $53.00 and gave the stock a “market perform” rating in a research report on Friday, July 14th. Wells Fargo & Company restated a “market perform” rating and set a $48.00 target price (down from $55.00) on shares of Anadarko Petroleum Corporation in a research report on Saturday, July 22nd. Scotiabank restated a “buy” rating and set a $66.00 target price on shares of Anadarko Petroleum Corporation in a research report on Friday, June 30th. BidaskClub upgraded Anadarko Petroleum Corporation from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 4th. Finally, Jefferies Group LLC set a $62.00 target price on Anadarko Petroleum Corporation and gave the stock a “buy” rating in a research report on Tuesday, June 6th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price 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.

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

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