Chicago Capital Management LLC purchased a new stake in shares of Andeavor (NYSE:ANDV) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 188,056 shares of the oil and gas company’s stock, valued at approximately $28,144,000. Andeavor makes up approximately 10.9% of Chicago Capital Management LLC’s holdings, making the stock its 3rd largest holding.

Other hedge funds have also made changes to their positions in the company. Xact Kapitalforvaltning AB raised its stake in Andeavor by 19.6% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 20,850 shares of the oil and gas company’s stock valued at $2,735,000 after buying an additional 3,413 shares during the last quarter. Atria Investments LLC purchased a new stake in Andeavor during the 2nd quarter valued at $275,000. Nisa Investment Advisors LLC raised its stake in Andeavor by 14.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 75,671 shares of the oil and gas company’s stock valued at $9,927,000 after buying an additional 9,412 shares during the last quarter. Cornerstone Wealth Management LLC purchased a new stake in Andeavor during the 2nd quarter valued at $538,000. Finally, CAPROCK Group Inc. purchased a new stake in Andeavor during the 2nd quarter valued at $213,000. 77.65% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:ANDV opened at $153.50 on Tuesday. Andeavor has a one year low of $89.58 and a one year high of $163.19.

A number of equities research analysts have weighed in on the stock. Citigroup boosted their target price on shares of Andeavor from $148.00 to $155.00 and gave the company a “hold” rating in a research note on Friday, September 7th. Mizuho assumed coverage on shares of Andeavor in a research note on Thursday, August 2nd. They set a “neutral” rating and a $158.00 target price for the company. Finally, Royal Bank of Canada boosted their target price on shares of Andeavor to $151.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 14th. They noted that the move was a valuation call. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $147.73.

In other news, Director Paul L. Foster sold 52,800 shares of the company’s stock in a transaction on Thursday, September 13th. The stock was sold at an average price of $155.74, for a total value of $8,223,072.00. Following the completion of the sale, the director now directly owns 1,255,452 shares in the company, valued at approximately $195,524,094.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul L. Foster sold 5,880 shares of the company’s stock in a transaction on Wednesday, August 29th. The stock was sold at an average price of $155.82, for a total value of $916,221.60. Following the completion of the sale, the director now owns 1,270,217 shares of the company’s stock, valued at $197,925,212.94. The disclosure for this sale can be found here. Corporate insiders own 7.00% of the company’s stock.

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Andeavor Company Profile

Andeavor, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. The company operates in three segments: Marketing, Logistics, and Refining. The Marketing segment sells gasoline and diesel fuel through retail, branded, and unbranded channels.

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Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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