Anadarko Petroleum Corporation (APC) Position Maintained by Birch Hill Investment Advisors LLC

Birch Hill Investment Advisors LLC held its stake in shares of Anadarko Petroleum Corporation (NYSE:APC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,647 shares of the oil and gas development company’s stock at the close of the second quarter. Birch Hill Investment Advisors LLC’s holdings in Anadarko Petroleum Corporation were worth $981,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Sandy Spring Bank boosted its stake in shares of Anadarko Petroleum Corporation by 31.2% in the 2nd quarter. Sandy Spring Bank now owns 11,023 shares of the oil and gas development company’s stock valued at $500,000 after purchasing an additional 2,620 shares during the last quarter. ProShare Advisors LLC boosted its stake in shares of Anadarko Petroleum Corporation by 28.1% in the 2nd quarter. ProShare Advisors LLC now owns 131,290 shares of the oil and gas development company’s stock valued at $5,953,000 after purchasing an additional 28,819 shares during the last quarter. Stevens Capital Management LP boosted its stake in shares of Anadarko Petroleum Corporation by 435.5% in the 2nd quarter. Stevens Capital Management LP now owns 490,712 shares of the oil and gas development company’s stock valued at $22,249,000 after purchasing an additional 399,080 shares during the last quarter. MD Sass Investors Services Inc. boosted its stake in shares of Anadarko Petroleum Corporation by 5.0% in the 2nd quarter. MD Sass Investors Services Inc. now owns 551,800 shares of the oil and gas development company’s stock valued at $25,017,000 after purchasing an additional 26,490 shares during the last quarter. Finally, Tricadia Capital Management LLC bought a new position in shares of Anadarko Petroleum Corporation in the 2nd quarter valued at about $698,000. 85.05% of the stock is currently owned by institutional investors.

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Shares of Anadarko Petroleum Corporation (APC) traded down 0.02% during trading on Monday, hitting $43.54. 739,831 shares of the stock traded hands. The firm’s market cap is $24.40 billion. The company has a 50-day moving average of $42.85 and a 200-day moving average of $51.03. Anadarko Petroleum Corporation has a 52 week low of $39.96 and a 52 week high of $73.33.

Anadarko Petroleum Corporation (NYSE:APC) last issued its earnings results on Monday, July 24th. The oil and gas development company reported ($0.77) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.42). Anadarko Petroleum Corporation had a negative return on equity of 9.71% and a negative net margin of 19.31%. The firm had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the previous year, the company earned ($0.60) earnings per share. Anadarko Petroleum Corporation’s revenue for the quarter was up 41.8% compared to the same quarter last year. On average, analysts forecast that Anadarko Petroleum Corporation will post ($2.12) EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend is Tuesday, September 12th. Anadarko Petroleum Corporation’s payout ratio is -5.14%.

Several brokerages have recently issued reports on APC. Royal Bank Of Canada set a $78.00 target price on shares of Anadarko Petroleum Corporation and gave the company a “buy” rating in a research note on Saturday, June 17th. Cowen and Company reaffirmed a “buy” rating and issued a $60.00 target price on shares of Anadarko Petroleum Corporation in a research note on Sunday. BidaskClub lowered shares of Anadarko Petroleum Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 17th. Bank of America Corporation reduced their target price on shares of Anadarko Petroleum Corporation from $81.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, July 25th. Finally, Mitsubishi UFJ Financial Group raised shares of Anadarko Petroleum Corporation from a “neutral” rating to a “buy” rating and set a $66.00 target price on the stock in a research note on Thursday, July 27th. Three analysts have rated the stock with a sell rating, seven have given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $70.13.

Anadarko Petroleum Corporation Profile

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.

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

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