UBS Asset Management Americas Inc. boosted its stake in shares of Anadarko Petroleum Corp. (NYSE:APC) by 11.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,412,803 shares of the oil and gas development company’s stock after buying an additional 149,140 shares during the period. UBS Asset Management Americas Inc. owned 0.28% of Anadarko Petroleum Corp. worth $89,515,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Homrich & Berg boosted its position in shares of Anadarko Petroleum Corp. by 1.7% in the third quarter. Homrich & Berg now owns 4,752 shares of the oil and gas development company’s stock valued at $301,000 after buying an additional 79 shares in the last quarter. Creative Planning raised its position in Anadarko Petroleum Corp. by 55.7% in the second quarter. Creative Planning now owns 58,885 shares of the oil and gas development company’s stock worth $3,136,000 after buying an additional 21,056 shares during the period. Atria Investments LLC bought a new position in Anadarko Petroleum Corp. during the second quarter worth $211,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in Anadarko Petroleum Corp. by 4.8% in the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 7,363 shares of the oil and gas development company’s stock worth $392,000 after buying an additional 338 shares during the period. Finally, Benjamin F. Edwards & Company Inc. raised its position in Anadarko Petroleum Corp. by 428.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 8,634 shares of the oil and gas development company’s stock worth $460,000 after buying an additional 7,000 shares during the period. 85.93% of the stock is owned by institutional investors and hedge funds.

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

Shares of Anadarko Petroleum Corp. (NYSE:APC) opened at 62.00 on Tuesday. The company’s market cap is $34.65 billion. Anadarko Petroleum Corp. has a 52-week low of $28.16 and a 52-week high of $65.47. The stock’s 50 day moving average price is $62.09 and its 200-day moving average price is $56.77.

Anadarko Petroleum Corp. (NYSE:APC) last posted its earnings results on Monday, October 31st. The oil and gas development company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.54) by $0.35. Anadarko Petroleum Corp. had a negative net margin of 50.51% and a negative return on equity of 10.73%. The firm earned $1.89 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period in the previous year, the company posted ($0.72) EPS. Anadarko Petroleum Corp.’s revenue for the quarter was up 12.1% compared to the same quarter last year. Equities analysts expect that Anadarko Petroleum Corp. will post ($3.05) EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 28th. Stockholders of record on Wednesday, December 14th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Monday, December 12th. Anadarko Petroleum Corp.’s payout ratio is -2.68%.

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A number of equities analysts recently weighed in on APC shares. Bank of America Corp. reiterated a “buy” rating and issued a $95.00 price target on shares of Anadarko Petroleum Corp. in a research report on Tuesday, September 13th. Johnson Rice upgraded Anadarko Petroleum Corp. from an “accumulate” rating to a “buy” rating in a research report on Tuesday, September 13th. Citigroup Inc. increased their price target on Anadarko Petroleum Corp. from $65.00 to $68.00 and gave the company a “buy” rating in a research report on Tuesday, September 13th. Jefferies Group reiterated a “buy” rating on shares of Anadarko Petroleum Corp. in a research report on Thursday, August 11th. Finally, JPMorgan Chase & Co. set a $70.00 price target on Anadarko Petroleum Corp. and gave the company a “buy” rating in a research report on Saturday, September 17th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $68.48.

About Anadarko Petroleum Corp.

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company’s segments include Oil and Gas Exploration & Production; Midstream, and Marketing. The Oil and Gas Exploration & Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company’s liquefied natural gas (LNG) project in Mozambique.

5 Day Chart for NYSE:APC

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