Garrison Financial Corp Has $2.56 Million Stake in Anadarko Petroleum Co. (APC)

Share on StockTwits

Garrison Financial Corp reduced its stake in Anadarko Petroleum Co. (NYSE:APC) by 11.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,328 shares of the oil and gas development company’s stock after selling 5,247 shares during the period. Anadarko Petroleum makes up about 1.6% of Garrison Financial Corp’s holdings, making the stock its 28th largest holding. Garrison Financial Corp’s holdings in Anadarko Petroleum were worth $2,555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of Anadarko Petroleum by 3.1% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 8,713 shares of the oil and gas development company’s stock worth $383,000 after acquiring an additional 265 shares during the period. Sumitomo Life Insurance Co. boosted its holdings in shares of Anadarko Petroleum by 1.9% in the fourth quarter. Sumitomo Life Insurance Co. now owns 15,779 shares of the oil and gas development company’s stock worth $692,000 after acquiring an additional 300 shares during the period. Moody National Bank Trust Division raised its position in shares of Anadarko Petroleum by 0.6% in the fourth quarter. Moody National Bank Trust Division now owns 70,901 shares of the oil and gas development company’s stock worth $3,109,000 after buying an additional 400 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its position in shares of Anadarko Petroleum by 7.2% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 6,122 shares of the oil and gas development company’s stock worth $268,000 after buying an additional 409 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its position in shares of Anadarko Petroleum by 12.3% in the fourth quarter. Quadrant Capital Group LLC now owns 3,773 shares of the oil and gas development company’s stock worth $155,000 after buying an additional 413 shares in the last quarter. 85.57% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts recently issued reports on APC shares. Zacks Investment Research downgraded Anadarko Petroleum from a “hold” rating to a “sell” rating in a research report on Wednesday, December 19th. Mitsubishi UFJ Financial Group lowered their price objective on Anadarko Petroleum to $92.00 and set an “overweight” rating on the stock in a research report on Friday, November 16th. Jefferies Financial Group lowered their price objective on Anadarko Petroleum from $86.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, November 1st. Credit Suisse Group set a $89.00 price target on Anadarko Petroleum and gave the company a “buy” rating in a research report on Friday, November 16th. Finally, Morgan Stanley lowered their price target on Anadarko Petroleum from $83.00 to $76.00 and set a “hold” rating on the stock in a research report on Tuesday, November 20th. Seven analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $77.20.

NYSE APC opened at $42.56 on Tuesday. Anadarko Petroleum Co. has a twelve month low of $40.40 and a twelve month high of $76.70. The company has a current ratio of 0.81, a quick ratio of 0.87 and a debt-to-equity ratio of 1.41. The stock has a market cap of $21.10 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 1.79 and a beta of 1.58.

Anadarko Petroleum (NYSE:APC) last released its quarterly earnings data on Tuesday, February 5th. The oil and gas development company reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.19). The company had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Anadarko Petroleum had a return on equity of 10.14% and a net margin of 4.60%. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.18 EPS. On average, analysts predict that Anadarko Petroleum Co. will post 1.54 EPS for the current fiscal year.

WARNING: “Garrison Financial Corp Has $2.56 Million Stake in Anadarko Petroleum Co. (APC)” was originally published by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright law. The original version of this report can be accessed at https://www.tickerreport.com/banking-finance/4146124/garrison-financial-corp-has-2-56-million-stake-in-anadarko-petroleum-co-apc.html.

Anadarko Petroleum Company Profile

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).

Featured Article: What is net income?

Want to see what other hedge funds are holding APC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anadarko Petroleum Co. (NYSE:APC).

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

Receive News & Ratings for Anadarko Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anadarko Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

SYSCO Co.  Shares Sold by W.G. Shaheen & Associates DBA Whitney & Co
SYSCO Co. Shares Sold by W.G. Shaheen & Associates DBA Whitney & Co
Skylands Capital LLC Boosts Position in Cytosorbents Corp
Skylands Capital LLC Boosts Position in Cytosorbents Corp
12,500 Shares in ARC Document Solutions Inc  Acquired by Voit & Company LLC
12,500 Shares in ARC Document Solutions Inc Acquired by Voit & Company LLC
Planning Alternatives Ltd. ADV Sells 2,924 Shares of Schwab US Dividend Equity ETF
Planning Alternatives Ltd. ADV Sells 2,924 Shares of Schwab US Dividend Equity ETF
60,318 Shares in KT Corp  Purchased by Henry James International Management Inc.
60,318 Shares in KT Corp Purchased by Henry James International Management Inc.
Henry James International Management Inc. Purchases 66,071 Shares of PETROLEO BRASIL/ADR
Henry James International Management Inc. Purchases 66,071 Shares of PETROLEO BRASIL/ADR


Leave a Reply

© 2006-2019 Ticker Report