US Bancorp DE decreased its stake in Andeavor (NYSE:ANDV) by 11.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 26,864 shares of the oil and gas company’s stock after selling 3,541 shares during the quarter. US Bancorp DE’s holdings in Andeavor were worth $4,125,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in ANDV. CIBC Private Wealth Group LLC boosted its position in Andeavor by 114.5% during the second quarter. CIBC Private Wealth Group LLC now owns 1,255 shares of the oil and gas company’s stock worth $165,000 after acquiring an additional 670 shares during the last quarter. Parallel Advisors LLC boosted its position in Andeavor by 719.9% during the second quarter. Parallel Advisors LLC now owns 1,320 shares of the oil and gas company’s stock worth $173,000 after acquiring an additional 1,159 shares during the last quarter. Cerebellum GP LLC acquired a new position in Andeavor during the third quarter worth about $184,000. Ropes Wealth Advisors LLC boosted its position in Andeavor by 118.7% during the second quarter. Ropes Wealth Advisors LLC now owns 1,428 shares of the oil and gas company’s stock worth $187,000 after acquiring an additional 775 shares during the last quarter. Finally, Visionary Asset Management Inc. acquired a new position in Andeavor during the second quarter worth about $210,000. Institutional investors and hedge funds own 77.65% of the company’s stock.

ANDV opened at $153.50 on Tuesday. Andeavor has a twelve month low of $89.58 and a twelve month high of $163.19.

In other Andeavor news, Director Paul L. Foster sold 52,800 shares of Andeavor stock in a transaction dated Thursday, September 13th. The shares were sold at an average price of $155.74, for a total transaction of $8,223,072.00. Following the transaction, the director now directly owns 1,255,452 shares of the company’s stock, valued at $195,524,094.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul L. Foster sold 5,880 shares of Andeavor stock in a transaction dated Wednesday, August 29th. The stock was sold at an average price of $155.82, for a total transaction of $916,221.60. Following the transaction, the director now directly owns 1,270,217 shares in the company, valued at $197,925,212.94. The disclosure for this sale can be found here. 7.00% of the stock is owned by insiders.

A number of research firms recently weighed in on ANDV. Mizuho began coverage on shares of Andeavor in a research report on Thursday, August 2nd. They set a “neutral” rating and a $158.00 price target on the stock. Royal Bank of Canada boosted their price target on shares of Andeavor to $151.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 14th. They noted that the move was a valuation call. Finally, Citigroup boosted their price target on shares of Andeavor from $148.00 to $155.00 and gave the stock a “hold” rating in a research report on Friday, September 7th. Ten equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $145.67.

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About Andeavor

Andeavor, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. The company operates in three segments: Marketing, Logistics, and Refining. The Marketing segment sells gasoline and diesel fuel through retail, branded, and unbranded channels.

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Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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