Shares of Anadarko Petroleum Co. (NYSE:APC) have received an average recommendation of “Hold” from the twenty-nine analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, twenty-three have issued a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $70.64.

A number of equities research analysts have recently weighed in on APC shares. BMO Capital Markets boosted their target price on Citigroup from $92.00 to $93.00 and gave the stock an “outperform” rating in a research report on Monday, April 15th. Johnson Rice downgraded Anadarko Petroleum from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Tudor Pickering downgraded Anadarko Petroleum from a “buy” rating to a “hold” rating in a report on Friday, April 26th. Jefferies Financial Group upped their price objective on ServiceNow from $242.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, April 25th. Finally, Royal Bank of Canada upped their price objective on Alimentation Couche-Tard from C$85.00 to C$88.00 and gave the company an “outperform” rating in a report on Monday, April 15th.

Shares of APC stock traded up $1.13 on Friday, reaching $73.11. 9,156,600 shares of the stock were exchanged, compared to its average volume of 9,450,998. The company has a market capitalization of $36.59 billion, a PE ratio of 32.35, a PEG ratio of 4.70 and a beta of 1.63. Anadarko Petroleum has a one year low of $40.40 and a one year high of $76.23. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.51. The firm’s 50 day moving average price is $70.70.

Anadarko Petroleum (NYSE:APC) last released its earnings results on Thursday, April 25th. The oil and gas development company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.23. The company had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $2.91 billion. Anadarko Petroleum had a return on equity of 10.24% and a net margin of 3.53%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.52 earnings per share. As a group, analysts anticipate that Anadarko Petroleum will post 2.33 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 26th. Shareholders of record on Wednesday, June 12th were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.20 annualized dividend and a dividend yield of 1.64%. Anadarko Petroleum’s dividend payout ratio (DPR) is currently 53.10%.

Several institutional investors have recently made changes to their positions in the business. Clearbridge Investments LLC increased its holdings in shares of Anadarko Petroleum by 2.7% in the first quarter. Clearbridge Investments LLC now owns 23,289,436 shares of the oil and gas development company’s stock worth $1,059,204,000 after acquiring an additional 601,916 shares in the last quarter. FMR LLC increased its holdings in shares of Anadarko Petroleum by 12.1% in the fourth quarter. FMR LLC now owns 20,868,184 shares of the oil and gas development company’s stock worth $914,861,000 after acquiring an additional 2,251,077 shares in the last quarter. Harris Associates L P increased its holdings in shares of Anadarko Petroleum by 49.9% in the fourth quarter. Harris Associates L P now owns 13,514,955 shares of the oil and gas development company’s stock worth $592,496,000 after acquiring an additional 4,500,125 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Anadarko Petroleum by 2.0% in the fourth quarter. Northern Trust Corp now owns 6,099,667 shares of the oil and gas development company’s stock worth $267,410,000 after acquiring an additional 122,368 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Anadarko Petroleum by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 5,868,766 shares of the oil and gas development company’s stock worth $256,783,000 after acquiring an additional 88,243 shares in the last quarter. Institutional investors own 85.66% of the company’s stock.

About Anadarko Petroleum

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs).

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Analyst Recommendations for Anadarko Petroleum (NYSE:APC)

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