Bank Hapoalim BM purchased a new position in shares of Anadarko Petroleum Corporation (NYSE:APC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,380 shares of the oil and gas development company’s stock, valued at approximately $654,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of APC. Dodge & Cox boosted its holdings in shares of Anadarko Petroleum Corporation by 43.7% during the 2nd quarter. Dodge & Cox now owns 32,794,208 shares of the oil and gas development company’s stock worth $1,486,889,000 after buying an additional 9,965,600 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Anadarko Petroleum Corporation by 106.6% during the 2nd quarter. Franklin Resources Inc. now owns 14,394,958 shares of the oil and gas development company’s stock worth $652,661,000 after buying an additional 7,428,741 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Anadarko Petroleum Corporation by 5,465.5% during the 2nd quarter. Janus Henderson Group PLC now owns 4,182,014 shares of the oil and gas development company’s stock worth $189,613,000 after buying an additional 4,106,872 shares during the period. BlackRock Inc. boosted its holdings in shares of Anadarko Petroleum Corporation by 8.2% during the 2nd quarter. BlackRock Inc. now owns 45,766,435 shares of the oil and gas development company’s stock worth $2,075,051,000 after buying an additional 3,466,161 shares during the period. Finally, Boston Partners boosted its holdings in Anadarko Petroleum Corporation by 311.0% in the 3rd quarter. Boston Partners now owns 3,651,098 shares of the oil and gas development company’s stock valued at $178,356,000 after purchasing an additional 2,762,834 shares during the period. 87.41% of the stock is owned by institutional investors and hedge funds.

Anadarko Petroleum Corporation (NYSE APC) traded down $0.43 during trading on Thursday, reaching $47.62. 7,143,900 shares of the company traded hands, compared to its average volume of 5,019,162. Anadarko Petroleum Corporation has a twelve month low of $39.96 and a twelve month high of $73.33. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.03 and a current ratio of 2.03.

Anadarko Petroleum Corporation (NYSE:APC) last released its quarterly earnings data on Tuesday, October 31st. The oil and gas development company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.56) by ($0.21). Anadarko Petroleum Corporation had a negative return on equity of 9.82% and a negative net margin of 17.13%. The firm had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the previous year, the business earned ($0.89) EPS. The firm’s revenue was up 31.9% compared to the same quarter last year. analysts expect that Anadarko Petroleum Corporation will post -2.23 EPS for the current fiscal year.

Anadarko Petroleum Corporation declared that its board has authorized a stock repurchase program on Wednesday, September 20th that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the oil and gas development company to reacquire up to 10% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 27th. Investors of record on Wednesday, December 13th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.42%. Anadarko Petroleum Corporation’s payout ratio is -5.65%.

APC has been the subject of a number of research reports. Jefferies Group LLC set a $62.00 price target on shares of Anadarko Petroleum Corporation and gave the company a “buy” rating in a report on Monday, August 28th. Cowen and Company reissued a “buy” rating and issued a $60.00 price target on shares of Anadarko Petroleum Corporation in a report on Sunday, September 17th. Citigroup Inc. reduced their price objective on shares of Anadarko Petroleum Corporation from $85.00 to $60.00 and set a “buy” rating for the company in a report on Friday, July 21st. BMO Capital Markets reaffirmed a “hold” rating and set a $53.00 price objective on shares of Anadarko Petroleum Corporation in a report on Monday, September 4th. Finally, Atlantic Securities raised shares of Anadarko Petroleum Corporation from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $49.05 to $62.00 in a report on Friday, October 6th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $66.77.

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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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