West Coast Financial LLC cut its position in shares of Andeavor (NYSE:ANDV) by 20.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,700 shares of the oil and gas company’s stock after selling 700 shares during the quarter. West Coast Financial LLC’s holdings in Andeavor were worth $309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. State of Alaska Department of Revenue lifted its stake in Andeavor by 37.0% in the fourth quarter. State of Alaska Department of Revenue now owns 52,790 shares of the oil and gas company’s stock valued at $6,034,000 after buying an additional 14,260 shares during the last quarter. Acadian Asset Management LLC lifted its stake in Andeavor by 34.5% in the fourth quarter. Acadian Asset Management LLC now owns 119,231 shares of the oil and gas company’s stock valued at $13,633,000 after buying an additional 30,572 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Andeavor by 2.6% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 610,141 shares of the oil and gas company’s stock valued at $69,764,000 after buying an additional 15,663 shares during the last quarter. Capital Investment Advisors LLC bought a new stake in Andeavor in the fourth quarter valued at $206,000. Finally, Coastline Trust Co bought a new stake in Andeavor in the fourth quarter valued at $217,000. Hedge funds and other institutional investors own 78.86% of the company’s stock.

A number of research firms have issued reports on ANDV. BidaskClub cut Andeavor from a “buy” rating to a “hold” rating in a research note on Thursday, September 28th. Howard Weil cut Andeavor from a “sector outperform” rating to a “sector perform” rating and set a $112.00 target price on the stock. in a research note on Thursday, September 28th. Barclays reiterated a “buy” rating and issued a $162.00 target price on shares of Andeavor in a research note on Wednesday, January 10th. Cowen reiterated a “buy” rating and issued a $120.00 target price on shares of Andeavor in a research note on Thursday, September 28th. Finally, Scotiabank cut Andeavor from an “outperform” rating to a “sector perform” rating and raised their target price for the company from $103.00 to $112.00 in a research note on Saturday, September 30th. Seven investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $121.32.

In related news, Director Paul L. Foster sold 51,700 shares of Andeavor stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $120.97, for a total transaction of $6,254,149.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jeff A. Stevens sold 32,500 shares of Andeavor stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $117.07, for a total value of $3,804,775.00. Following the transaction, the director now directly owns 1,503,845 shares in the company, valued at $176,055,134.15. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 220,888 shares of company stock worth $25,052,384. 0.86% of the stock is owned by corporate insiders.

Andeavor (NYSE:ANDV) opened at $118.35 on Friday. The company has a market capitalization of $18,460.00, a price-to-earnings ratio of 24.25, a PEG ratio of 0.66 and a beta of 1.55. The company has a current ratio of 1.47, a quick ratio of 0.62 and a debt-to-equity ratio of 0.61. Andeavor has a fifty-two week low of $75.11 and a fifty-two week high of $121.71.

Andeavor (NYSE:ANDV) last issued its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $3.03 by ($0.33). The business had revenue of $9.84 billion for the quarter, compared to analyst estimates of $9.94 billion. Andeavor had a net margin of 2.35% and a return on equity of 7.15%. Andeavor’s revenue for the quarter was up 50.3% compared to the same quarter last year. sell-side analysts predict that Andeavor will post 6.64 EPS for the current fiscal year.

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About Andeavor

Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.

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Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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