Stelac Advisory Services LLC maintained its position in shares of Anadarko Petroleum Corporation (NYSE:APC) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,200 shares of the oil and gas development company’s stock at the end of the first quarter. Stelac Advisory Services LLC’s holdings in Anadarko Petroleum Corporation were worth $136,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Clean Yield Group purchased a new position in shares of Anadarko Petroleum Corporation during the first quarter valued at approximately $105,000. Parallel Advisors LLC purchased a new position in shares of Anadarko Petroleum Corporation during the fourth quarter valued at approximately $112,000. Assetmark Inc. increased its position in shares of Anadarko Petroleum Corporation by 10.7% in the first quarter. Assetmark Inc. now owns 1,815 shares of the oil and gas development company’s stock valued at $113,000 after buying an additional 176 shares during the last quarter. Ancora Advisors LLC purchased a new position in shares of Anadarko Petroleum Corporation during the fourth quarter valued at approximately $126,000. Finally, Winch Advisory Services LLC increased its position in shares of Anadarko Petroleum Corporation by 501.9% in the first quarter. Winch Advisory Services LLC now owns 2,167 shares of the oil and gas development company’s stock valued at $126,000 after buying an additional 1,807 shares during the last quarter. 85.74% of the stock is currently owned by institutional investors.

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

Anadarko Petroleum Corporation (NYSE:APC) opened at 47.04 on Friday. The company has a 50-day moving average of $51.21 and a 200-day moving average of $62.47. Anadarko Petroleum Corporation has a 52 week low of $45.84 and a 52 week high of $73.33. The company’s market cap is $26.36 billion. Anadarko Petroleum Corporation also saw some unusual options trading on Thursday. Traders purchased 1,327 call options on the stock. This represents an increase of approximately 345% compared to the typical daily volume of 298 call options.

Anadarko Petroleum Corporation (NYSE:APC) last posted its earnings results on Tuesday, May 2nd. The oil and gas development company reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by $0.34. Anadarko Petroleum Corporation had a negative net margin of 23.64% and a negative return on equity of 8.94%. The company had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $2.64 billion. On average, equities analysts expect that Anadarko Petroleum Corporation will post ($0.77) EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 28th. Shareholders of record on Wednesday, June 14th will be paid a $0.05 dividend. The ex-dividend date is Monday, June 12th. This represents a $0.20 annualized dividend and a yield of 0.43%. Anadarko Petroleum Corporation’s dividend payout ratio (DPR) is presently -4.45%.

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Several research analysts recently commented on APC shares. Stifel Nicolaus reaffirmed a “buy” rating and issued a $77.00 target price (up from $75.00) on shares of Anadarko Petroleum Corporation in a research note on Wednesday, May 3rd. Royal Bank Of Canada set a $84.00 target price on shares of Anadarko Petroleum Corporation and gave the stock a “buy” rating in a research note on Thursday, April 20th. Scotiabank set a $75.00 target price on shares of Anadarko Petroleum Corporation and gave the stock a “buy” rating in a research note on Monday, March 27th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $62.00 target price on shares of Anadarko Petroleum Corporation in a research note on Wednesday, March 22nd. Finally, Citigroup Inc. reaffirmed a “buy” rating and issued a $85.00 target price (up from $82.00) on shares of Anadarko Petroleum Corporation in a research note on Saturday, March 11th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $77.28.

In related news, Director Anthony R. Chase bought 1,905 shares of the business’s stock in a transaction on Thursday, May 18th. The shares were bought at an average price of $52.48 per share, for a total transaction of $99,974.40. Following the completion of the purchase, the director now directly owns 23,636 shares of the company’s stock, valued at $1,240,417.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman R A. Walker bought 19,300 shares of the business’s stock in a transaction on Wednesday, May 17th. The stock was bought at an average price of $51.82 per share, for a total transaction of $1,000,126.00. Following the purchase, the chairman now directly owns 176,718 shares of the company’s stock, valued at $9,157,526.76. The disclosure for this purchase can be found here. Insiders acquired 41,205 shares of company stock worth $2,136,700 in the last quarter. 0.45% of the stock is owned by insiders.

About Anadarko Petroleum Corporation

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.

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