Advisor Group Inc. raised its stake in Anadarko Petroleum Co. (NYSE:APC) by 9.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 24,405 shares of the oil and gas development company’s stock after acquiring an additional 2,136 shares during the quarter. Advisor Group Inc.’s holdings in Anadarko Petroleum were worth $1,069,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in APC. We Are One Seven LLC purchased a new position in Anadarko Petroleum in the fourth quarter valued at about $41,000. Legacy Bridge LLC purchased a new position in Anadarko Petroleum in the fourth quarter valued at about $43,000. Lindbrook Capital LLC purchased a new position in Anadarko Petroleum in the fourth quarter valued at about $43,000. Bremer Trust National Association purchased a new position in Anadarko Petroleum in the fourth quarter valued at about $47,000. Finally, Rational Advisors LLC raised its position in Anadarko Petroleum by 617.9% in the fourth quarter. Rational Advisors LLC now owns 1,206 shares of the oil and gas development company’s stock valued at $53,000 after purchasing an additional 1,038 shares during the period. 86.16% of the stock is currently owned by institutional investors.

Shares of Anadarko Petroleum stock opened at $44.25 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market capitalization of $22.32 billion, a P/E ratio of 19.58, a PEG ratio of 1.98 and a beta of 1.54. Anadarko Petroleum Co. has a fifty-two week low of $40.40 and a fifty-two week high of $76.70.

Anadarko Petroleum (NYSE:APC) last announced its quarterly earnings data on Tuesday, February 5th. The oil and gas development company reported $0.38 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.19). The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.47 billion. Anadarko Petroleum had a net margin of 4.60% and a return on equity of 10.14%. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.18 earnings per share. Equities research analysts anticipate that Anadarko Petroleum Co. will post 1.46 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 27th. Investors of record on Wednesday, March 13th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.71%. The ex-dividend date is Tuesday, March 12th. Anadarko Petroleum’s dividend payout ratio is currently 53.10%.

Several research analysts have commented on APC shares. Mitsubishi UFJ Financial Group cut their price objective on Anadarko Petroleum to $70.00 in a research report on Thursday, February 7th. Credit Suisse Group set a $89.00 price objective on Anadarko Petroleum and gave the company a “buy” rating in a research report on Friday, November 16th. Jefferies Financial Group raised their price objective on Anadarko Petroleum from $84.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, November 16th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anadarko Petroleum in a research report on Friday, November 16th. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $87.00 price objective on shares of Anadarko Petroleum in a research report on Monday, November 19th. Seven research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $75.84.

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Anadarko Petroleum Company Profile

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs).

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

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