Security holds 0.03% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 1,654 shares. Jefferies Group also issued estimates for Anadarko Petroleum's Q1 2020 earnings at $0.72 EPS. If the $73.20 price target is reached, the company will be worth $2.13 billion more. First American Trust FSB bought a new stake in Anadarko Petroleum during the fourth quarter valued at $3,324,000. The business is scheduled to report its next earnings results after the market closes on Tuesday, May 1st. The firm's revenue was down 19.2% compared to the same quarter last year. sell-side analysts predict that Anadarko Petroleum will post 2.41 EPS for the current fiscal year. For the next year, analysts forecast that the firm will post sales of $13.32 billion per share, with estimates ranging from $11.52 billion to $15.09 billion.
Shares of NYSE:APC - Anadarko Petroleum closed the previous trading session at 70.55 up +0.86 1.23% with 70.25 shares trading hands. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.14 billion. Pinebridge Invs Limited Partnership holds 0.08% in Anadarko Petroleum Corporation (NYSE:APC) or 55,781 shares. During the same period in the prior year, the company earned ($0.60) EPS.
Analysts await Bassett Furniture Industries, Incorporated (NASDAQ:BSET) to report earnings on July, 5. Rockland Trust Co. purchased a new position in shares of Anadarko Petroleum in the fourth quarter valued at $234,000. Citigroup cut Anadarko Petroleum from a "buy" rating to a "neutral" rating and set a $60.00 target price for the company.in a report on Wednesday, January 3rd. Credit Suisse Group set a $71.00 target price on Anadarko Petroleum and gave the company a "buy" rating in a report on Tuesday, January 23rd. They noted that the move was a valuation call. TheStreet upgraded Anadarko Petroleum from a "d+" rating to a "c" rating in a research note on Tuesday, February 6th. Zacks Investment Research upgraded Anadarko Petroleum from a "hold" rating to a "buy" rating and set a $65.00 price objective for the company in a report on Wednesday, February 14th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eighteen have issued a buy rating to the company's stock. Cowen set a $70.00 price objective on Anadarko Petroleum and gave the company a "buy" rating in a report on Thursday, January 18th. Geode Capital Management LLC lifted its stake in Anadarko Petroleum by 0.9% during the 4th quarter. Grassi Investment Management now owns 19,675 shares of the oil and gas development company's stock valued at $1,055,000 after purchasing an additional 1,700 shares in the last quarter. Anadarko Petroleum Corporation's short interest float is 4.09%. It operates through three divisions: Oil and Gas Exploration and Production, Midstream, and Marketing.Currently it has negative earnings. Bessemer Group Inc. now owns 2,767,247 shares of the oil and gas development company's stock worth $148,436,000 after acquiring an additional 74,461 shares in the last quarter. Dimensional Fund Advisors LP now owns 2,582,421 shares of the oil and gas development company's stock worth $126,152,000 after acquiring an additional 63,165 shares in the last quarter.
A number of other hedge funds also recently made changes to their positions in the stock.
NYSE:APC traded up $0.29 during trading hours on Monday, hitting $66.78. With 4.72M shares average volume, it will take short sellers 5 days to cover their APC's short positions. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.17 and a current ratio of 1.17. Dodge & Cox owns $3.18 billion in Anadarko Petroleum Corporation, which represents roughly 8.8% of the company's market cap and approximately 9.84% of the institutional ownership. Anadarko Petroleum has a one year low of $39.96 and a one year high of $67.52.
A number of hedge funds have recently modified their holdings of APC. Shareholders of record on Wednesday, March 14th were issued a dividend of $0.25 per share.
On 8/2/2017 NYSE:APC - Anadarko Petroleum announced a quarterly dividend of $0.05 0.46% with an ex dividend date of 9/12/2017 which will be payable on 9/27/2017.
Anadarko Petroleum declared that its Board of Directors has approved a share buyback plan on Wednesday, February 7th that authorizes the company to repurchase $500.00 million in shares. Stock repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of gas and oil properties. The Oil and Gas Exploration and Production segment explores for and produces oil, natural gas, and natural gas liquids.