ValuEngine upgraded shares of Anadarko Petroleum (NYSE:APC) from a sell rating to a hold rating in a report released on Saturday, ValuEngine reports.

Other equities analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Anadarko Petroleum from a hold rating to a sell rating in a research note on Wednesday, December 19th. Guggenheim downgraded shares of Anadarko Petroleum from a buy rating to a hold rating and set a $69.00 price objective for the company. in a research note on Friday. Citigroup assumed coverage on shares of Anadarko Petroleum in a research note on Monday, April 1st. They set a buy rating and a $65.00 price objective for the company. Mizuho downgraded shares of Anadarko Petroleum from a buy rating to a neutral rating and set a $51.00 price objective for the company. in a research note on Tuesday, March 19th. Finally, Credit Suisse Group restated a buy rating and set a $73.00 price objective on shares of Anadarko Petroleum in a research note on Wednesday, December 19th. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Anadarko Petroleum presently has an average rating of Buy and a consensus target price of $73.84.

APC opened at $62.26 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. Anadarko Petroleum has a 12 month low of $40.40 and a 12 month high of $76.70. The firm has a market capitalization of $23.38 billion, a P/E ratio of 27.55, a PEG ratio of 2.33 and a beta of 1.55.

Anadarko Petroleum (NYSE:APC) last released its earnings results on Tuesday, February 5th. The oil and gas development company reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.19). The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.47 billion. Anadarko Petroleum had a return on equity of 10.14% and a net margin of 4.60%. Anadarko Petroleum’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the company posted $0.18 EPS. As a group, sell-side analysts forecast that Anadarko Petroleum will post 1.66 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 13th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, March 12th. This represents a $1.20 annualized dividend and a yield of 1.93%. Anadarko Petroleum’s dividend payout ratio (DPR) is currently 53.10%.

Large investors have recently modified their holdings of the stock. Kaizen Advisory LLC lifted its stake in Anadarko Petroleum by 24.2% in the 4th quarter. Kaizen Advisory LLC now owns 1,390 shares of the oil and gas development company’s stock valued at $61,000 after purchasing an additional 271 shares during the last quarter. Precocity Capital LP acquired a new stake in Anadarko Petroleum in the 4th quarter valued at about $8,768,000. HRT Financial LLC acquired a new stake in Anadarko Petroleum in the 4th quarter valued at about $440,000. Perella Weinberg Partners Capital Management LP lifted its stake in Anadarko Petroleum by 10.6% in the 4th quarter. Perella Weinberg Partners Capital Management LP now owns 765,721 shares of the oil and gas development company’s stock valued at $33,569,000 after purchasing an additional 73,429 shares during the last quarter. Finally, Calamos Advisors LLC lifted its stake in Anadarko Petroleum by 14.7% in the 4th quarter. Calamos Advisors LLC now owns 134,585 shares of the oil and gas development company’s stock valued at $5,900,000 after purchasing an additional 17,275 shares during the last quarter. Institutional investors and hedge funds own 87.05% of the company’s stock.

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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Analyst Recommendations for Anadarko Petroleum (NYSE:APC)

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