Federated Investors Inc. PA raised its stake in Anadarko Petroleum Corporation (NYSE:APC) by 101.5% during the second quarter, according to its most recent filing with the SEC. The fund owned 344,317 shares of the oil and gas development company’s stock after buying an additional 173,482 shares during the period. Federated Investors Inc. PA owned approximately 0.06% of Anadarko Petroleum Corporation worth $15,611,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its position in shares of Anadarko Petroleum Corporation by 3,052.0% in the first quarter. BlackRock Inc. now owns 42,300,274 shares of the oil and gas development company’s stock valued at $2,622,619,000 after buying an additional 40,958,268 shares during the period. Vanguard Group Inc. boosted its stake in Anadarko Petroleum Corporation by 3.3% in the first quarter. Vanguard Group Inc. now owns 38,870,940 shares of the oil and gas development company’s stock worth $2,409,998,000 after buying an additional 1,227,182 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Anadarko Petroleum Corporation by 47.4% in the first quarter. JPMorgan Chase & Co. now owns 12,999,493 shares of the oil and gas development company’s stock worth $805,967,000 after buying an additional 4,182,975 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Anadarko Petroleum Corporation by 1.8% in the first quarter. Bank of New York Mellon Corp now owns 7,210,248 shares of the oil and gas development company’s stock worth $447,035,000 after buying an additional 128,487 shares during the last quarter. Finally, Harris Associates L P boosted its stake in Anadarko Petroleum Corporation by 1.2% in the first quarter. Harris Associates L P now owns 6,592,778 shares of the oil and gas development company’s stock worth $408,752,000 after buying an additional 78,783 shares during the last quarter. Hedge funds and other institutional investors own 84.40% of the company’s stock.

Anadarko Petroleum Corporation (APC) opened at 42.36 on Friday. Anadarko Petroleum Corporation has a 1-year low of $41.22 and a 1-year high of $73.33. The stock’s market capitalization is $23.74 billion. The firm’s 50-day moving average is $43.96 and its 200 day moving average is $53.55.

Anadarko Petroleum Corporation (NYSE:APC) last posted its quarterly earnings results on Monday, July 24th. The oil and gas development company reported ($0.77) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.35) by $0.42. Anadarko Petroleum Corporation had a negative net margin of 19.31% and a negative return on equity of 9.71%. The firm had revenue of $2.72 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same period last year, the firm posted ($0.60) EPS. Anadarko Petroleum Corporation’s revenue was up 41.8% on a year-over-year basis. Equities analysts anticipate that Anadarko Petroleum Corporation will post ($2.12) EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 27th. Shareholders of record on Wednesday, September 13th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date of this dividend is Tuesday, September 12th. Anadarko Petroleum Corporation’s dividend payout ratio (DPR) is presently -5.14%.

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A number of research firms have commented on APC. Zacks Investment Research cut shares of Anadarko Petroleum Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Susquehanna Bancshares Inc began coverage on shares of Anadarko Petroleum Corporation in a research note on Thursday, June 29th. They set a “positive” rating and a $60.00 target price on the stock. Citigroup Inc. decreased their target price on shares of Anadarko Petroleum Corporation from $85.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, July 21st. Stifel Nicolaus restated a “buy” rating and set a $79.00 target price on shares of Anadarko Petroleum Corporation in a research note on Friday, May 26th. Finally, Cowen and Company set a $60.00 target price on shares of Anadarko Petroleum Corporation and gave the stock a “buy” rating in a research note on Wednesday, July 19th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Anadarko Petroleum Corporation presently has an average rating of “Buy” and a consensus target price of $69.73.

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.

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

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