Dreman Value Management L L C held its stake in shares of Anadarko Petroleum Corporation (NYSE:APC) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,082 shares of the oil and gas development company’s stock at the close of the second quarter. Dreman Value Management L L C’s holdings in Anadarko Petroleum Corporation were worth $1,059,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Artemis Investment Management LLP increased its stake in shares of Anadarko Petroleum Corporation by 8.0% in the 2nd quarter. Artemis Investment Management LLP now owns 36,565 shares of the oil and gas development company’s stock valued at $1,658,000 after purchasing an additional 2,698 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Anadarko Petroleum Corporation by 1.6% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,121,709 shares of the oil and gas development company’s stock valued at $50,858,000 after purchasing an additional 17,411 shares during the last quarter. Andra AP fonden increased its stake in shares of Anadarko Petroleum Corporation by 13.7% in the 2nd quarter. Andra AP fonden now owns 84,000 shares of the oil and gas development company’s stock valued at $3,809,000 after purchasing an additional 10,100 shares during the last quarter. Cipher Capital LP increased its stake in shares of Anadarko Petroleum Corporation by 364.8% in the 2nd quarter. Cipher Capital LP now owns 140,420 shares of the oil and gas development company’s stock valued at $6,367,000 after purchasing an additional 110,209 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its stake in shares of Anadarko Petroleum Corporation by 30.2% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 424,746 shares of the oil and gas development company’s stock valued at $19,258,000 after purchasing an additional 98,545 shares during the last quarter. Institutional investors own 85.05% of the company’s stock.

Several equities analysts have recently issued reports on APC shares. BMO Capital Markets lifted their price target on Anadarko Petroleum Corporation from $50.00 to $53.00 and gave the company a “market perform” rating in a research note on Friday, July 14th. Royal Bank Of Canada restated a “buy” rating and set a $62.00 price objective on shares of Anadarko Petroleum Corporation in a research report on Friday, September 29th. Wells Fargo & Company restated a “market perform” rating and set a $48.00 price objective (down previously from $55.00) on shares of Anadarko Petroleum Corporation in a research report on Saturday, July 22nd. Scotiabank restated a “buy” rating and set a $66.00 price objective on shares of Anadarko Petroleum Corporation in a research report on Friday, June 30th. Finally, BidaskClub upgraded Anadarko Petroleum Corporation from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 4th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $68.30.

Anadarko Petroleum Corporation (APC) traded up 0.13% during trading on Friday, reaching $47.79. The company had a trading volume of 4,035,239 shares. The firm’s 50 day moving average price is $45.44 and its 200 day moving average price is $48.96. The firm’s market capitalization is $26.78 billion. Anadarko Petroleum Corporation has a 12-month low of $39.96 and a 12-month high of $73.33.

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

Anadarko Petroleum Corporation announced that its Board of Directors has initiated a share repurchase plan on Wednesday, September 20th that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the oil and gas development company to reacquire up to 10% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 27th. Shareholders of record on Wednesday, September 13th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date of this dividend was Tuesday, September 12th. Anadarko Petroleum Corporation’s dividend payout ratio (DPR) is presently -5.14%.

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Anadarko Petroleum Corporation 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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