Bp Plc Has $3,128,000 Position in Anadarko Petroleum Corporation (APC)

Bp Plc continued to hold its stake in shares of Anadarko Petroleum Corporation (NYSE:APC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,000 shares of the oil and gas development company’s stock at the end of the second quarter. Bp Plc’s holdings in Anadarko Petroleum Corporation were worth $3,128,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Clean Yield Group acquired a new stake in shares of Anadarko Petroleum Corporation during the first quarter valued at about $105,000. Assetmark Inc. increased its stake in shares of Anadarko Petroleum Corporation by 10.7% in the first quarter. Assetmark Inc. now owns 1,815 shares of the oil and gas development company’s stock valued at $113,000 after buying an additional 176 shares in the last quarter. Winch Advisory Services LLC increased its stake in shares of Anadarko Petroleum Corporation by 501.9% in the first quarter. Winch Advisory Services LLC now owns 2,167 shares of the oil and gas development company’s stock valued at $126,000 after buying an additional 1,807 shares in the last quarter. Guardian Life Insurance Co. of America increased its stake in shares of Anadarko Petroleum Corporation by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 2,156 shares of the oil and gas development company’s stock valued at $134,000 after buying an additional 15 shares in the last quarter. Finally, Financial Architects Inc increased its stake in shares of Anadarko Petroleum Corporation by 31.6% in the first quarter. Financial Architects Inc now owns 2,290 shares of the oil and gas development company’s stock valued at $142,000 after buying an additional 550 shares in the last quarter. 84.56% of the stock is owned by institutional investors and hedge funds.

Shares of Anadarko Petroleum Corporation (APC) opened at 44.10 on Thursday. Anadarko Petroleum Corporation has a 12-month low of $42.58 and a 12-month high of $73.33. The stock’s 50 day moving average price is $44.69 and its 200 day moving average price is $55.78. The company’s market capitalization is $24.71 billion.

Anadarko Petroleum Corporation (NYSE:APC) last announced its quarterly earnings data on Monday, July 24th. The oil and gas development company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.35) by $0.42. The firm had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.50 billion. Anadarko Petroleum Corporation had a negative net margin of 19.31% and a negative return on equity of 9.71%. Anadarko Petroleum Corporation’s revenue for the quarter was up 41.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.60) earnings per share. On average, equities research analysts forecast that Anadarko Petroleum Corporation will post ($2.11) earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.45%. Anadarko Petroleum Corporation’s dividend payout ratio (DPR) is presently -5.14%.

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APC has been the subject of several research reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $80.00 price target (down previously from $81.00) on shares of Anadarko Petroleum Corporation in a report on Friday, May 19th. Scotiabank set a $76.00 price target on Anadarko Petroleum Corporation and gave the company a “buy” rating in a report on Tuesday, May 16th. UBS AG reaffirmed a “buy” rating and set a $80.00 price target on shares of Anadarko Petroleum Corporation in a report on Monday, May 15th. Bank of America Corporation reaffirmed a “buy” rating on shares of Anadarko Petroleum Corporation in a report on Thursday, May 11th. Finally, KLR Group raised their price target on Anadarko Petroleum Corporation from $82.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, May 4th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the stock. Anadarko Petroleum Corporation has a consensus rating of “Buy” and a consensus price target of $69.81.

In other news, Director Peter J. Fluor acquired 20,000 shares of Anadarko Petroleum Corporation stock in a transaction dated Wednesday, May 17th. The shares were purchased at an average cost of $51.83 per share, for a total transaction of $1,036,600.00. Following the transaction, the director now owns 146,750 shares of the company’s stock, valued at $7,606,052.50. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman R A. Walker acquired 19,300 shares of Anadarko Petroleum Corporation stock in a transaction dated Wednesday, May 17th. The shares were purchased at an average price of $51.82 per share, for a total transaction of $1,000,126.00. Following the completion of the transaction, the chairman now directly owns 176,718 shares in the company, valued at approximately $9,157,526.76. The disclosure for this purchase can be found here. Insiders have bought a total of 41,205 shares of company stock worth $2,136,700 over the last quarter. Corporate insiders own 0.45% of the company’s stock.

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.

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Institutional Ownership by Quarter for Anadarko Petroleum Corporation (NYSE:APC)

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