Bank of America Corp Reaffirms "Buy" Rating for Anadarko Petroleum Co. (APC)
- Author: Zachary Reyes May 18, 2017,
May 18, 2017, 7:46
The monthly performance exhibited a rate of -17.44% with an annual performance rate of 7.36%.
Eaton Vance Management increased Anadarko Pete Corp Com (APC) stake by 46.78% reported in 2016Q4 SEC filing. Hedge funds and other institutional investors own 88.16% of the company's stock. Quadrant Capital Group LLC boosted its stake in shares of Anadarko Petroleum by 1.4% in the first quarter. Quadrant Capital Group LLC now owns 3,375 shares of the oil and gas development company's stock worth $198,000 after buying an additional 48 shares in the last quarter.
Reliance Trust decreased Berkshire Hathaway Inc (BRKB) stake by 1,931 shares to 6,907 valued at $1.13M in 2016Q4. CT now owns 18,070 shares of the oil and gas development company's stock valued at $1,145,000 after buying an additional 625 shares during the period. Dodge & Cox acquired a new stake in shares of Anadarko Petroleum during the fourth quarter worth $1,596,608,000. Wetherby Asset Management Inc. now owns 9,162 shares of the oil and gas development company's stock worth $639,000 after buying an additional 68 shares in the last quarter. Can boosted its position in Anadarko Petroleum by 6.4% in the third quarter. AMP Capital Investors Ltd now owns 264,809 shares of the oil and gas development company's stock valued at $16,571,000 after buying an additional 16,461 shares during the period. Anadarko Petroleum Co. has a 52 week low of $47.35 and a 52 week high of $73.33.
Annual Dividend Yield of Anadarko Petroleum Corporation (APC) stands at 0.39%. APC's total short interest was 7.85 million shares in May as published by FINRA.
The 50 day moving average of Anadarko Petroleum APC (NYSE:APC) is 58.6 whilst its 200 day moving average is 64.4. EV may often be used as a more comprehensive alternative to simply tracking the market cap of a firm.
Anadarko Petroleum Corporation (APC) plummeted -0.25 percent and ended the day at $51.75. The oil and gas development company reported ($0.60) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.26) by $0.34. The business had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $2.64 billion. Comparatively, the peers have a net margin 10.77%, and the sector's average is 12.61%.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 28th. Arizona State Retirement Systems invested in 138,126 shares or 0.14% of the stock. The ex-dividend date of this dividend is Monday, June 12th. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Anadarko Petroleum Corporation (APC), we will discuss a few.
ILLEGAL ACTIVITY WARNING: "Macquarie Group Ltd. Boosts Stake in Anadarko Petroleum Co". If you are reading this article on another publication, it was illegally copied and reposted in violation of worldwide copyright and trademark legislation. The legal version of this piece of content can be accessed at https://transcriptdaily.com/2017/05/15/stifel-nicolaus-reiterates-buy-rating-for-anadarko-petroleum-co-apc-updated.html. Mitsubishi UFJ downgraded the shares of APC in report on Friday, January 20 to "Neutral" rating. Morgan Stanley downgraded shares of Anadarko Petroleum from an "overweight" rating to an "equal weight" rating and set a $74.00 price objective for the company.in a report on Wednesday, May 3rd. Roth Capital initiated Magnachip Semiconductor Corp (NYSE:MX) on Thursday, September 29 with "Buy" rating. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the stock. A dividend is a distribution of a portion of a company's earnings decided by its BOD (board of directors) specifically for its shareholders. The ATR (Average True Range) value is 1.43. EV represents the complete economic value of a given company. The disclosure for this purchase can be found here.
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