National Pension Service boosted its stake in shares of Anadarko Petroleum Corp. (NYSE:APC) by 8.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 373,002 shares of the oil and gas development company’s stock after buying an additional 30,170 shares during the period. National Pension Service owned 0.07% of Anadarko Petroleum Corp. worth $23,633,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Anadarko Petroleum Corp. by 2.8% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,751 shares of the oil and gas development company’s stock valued at $733,000 after buying an additional 435 shares in the last quarter. Park National Corp OH increased its stake in shares of Anadarko Petroleum Corp. by 1.3% in the second quarter. Park National Corp OH now owns 5,929 shares of the oil and gas development company’s stock valued at $316,000 after buying an additional 78 shares in the last quarter. Raymond James Trust N.A. increased its stake in shares of Anadarko Petroleum Corp. by 6.1% in the second quarter. Raymond James Trust N.A. now owns 17,800 shares of the oil and gas development company’s stock valued at $948,000 after buying an additional 1,031 shares in the last quarter. Merriman Wealth Management LLC purchased a new stake in shares of Anadarko Petroleum Corp. during the second quarter valued at $2,748,000. Finally, British Columbia Investment Management Corp increased its stake in shares of Anadarko Petroleum Corp. by 10.4% in the second quarter. British Columbia Investment Management Corp now owns 195,133 shares of the oil and gas development company’s stock valued at $10,391,000 after buying an additional 18,442 shares in the last quarter. Hedge funds and other institutional investors own 85.93% of the company’s stock.

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

Shares of Anadarko Petroleum Corp. (NYSE:APC) traded up 9.97% during midday trading on Wednesday, reaching $66.16. 4,254,132 shares of the company’s stock traded hands. The stock’s market cap is $36.98 billion. The stock has a 50 day moving average of $62.09 and a 200-day moving average of $56.77. Anadarko Petroleum Corp. has a 52-week low of $28.16 and a 52-week high of $66.30.

Anadarko Petroleum Corp. (NYSE:APC) last released its earnings results on Monday, October 31st. The oil and gas development company reported ($0.89) earnings per share 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 the consensus estimate of $2.19 billion. During the same period in the prior year, the business posted ($0.72) earnings per share. Anadarko Petroleum Corp.’s quarterly revenue was up 12.1% compared to the same quarter last year. On average, equities research 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. Investors of record on Wednesday, December 14th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, December 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.33%. Anadarko Petroleum Corp.’s dividend payout ratio is presently -2.68%.

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Several analysts recently weighed in on APC shares. Zacks Investment Research downgraded shares of Anadarko Petroleum Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. Jefferies Group restated a “buy” rating on shares of Anadarko Petroleum Corp. in a research report on Thursday, August 11th. Credit Suisse Group AG restated a “hold” rating and set a $68.00 price target on shares of Anadarko Petroleum Corp. in a research report on Monday, September 12th. Royal Bank Of Canada boosted their price target on shares of Anadarko Petroleum Corp. from $66.00 to $70.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 13th. Finally, Citigroup Inc. boosted their price target on shares of Anadarko Petroleum Corp. from $65.00 to $68.00 and gave the stock a “buy” rating in a research report on Tuesday, September 13th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the stock. Anadarko Petroleum Corp. currently has an average rating of “Buy” and an average target price of $68.48.

Anadarko Petroleum Corp. Company Profile

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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