Jeff A. Stevens Sells 28,500 Shares of Andeavor (ANDV) Stock

Andeavor (NYSE:ANDV) Director Jeff A. Stevens sold 28,500 shares of the firm’s stock in a transaction dated Friday, April 20th. The stock was sold at an average price of $117.55, for a total transaction of $3,350,175.00. Following the completion of the sale, the director now owns 1,292,974 shares of the company’s stock, valued at $151,989,093.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of ANDV opened at $118.92 on Wednesday. The company has a market cap of $18,381.01, a P/E ratio of 21.54, a PEG ratio of 1.31 and a beta of 1.39. The company has a quick ratio of 0.65, a current ratio of 1.38 and a debt-to-equity ratio of 0.57. Andeavor has a twelve month low of $78.25 and a twelve month high of $121.90.

Andeavor (NYSE:ANDV) last announced its quarterly earnings results on Thursday, February 15th. The oil and gas company reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.18 by ($0.81). The firm had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.79 billion. Andeavor had a net margin of 4.37% and a return on equity of 6.86%. sell-side analysts anticipate that Andeavor will post 9.14 EPS for the current fiscal year.

ANDV has been the subject of several research analyst reports. Credit Suisse Group initiated coverage on shares of Andeavor in a report on Wednesday, January 3rd. They issued an “outperform” rating and a $142.00 price objective for the company. Royal Bank of Canada reaffirmed a “hold” rating and set a $112.00 target price on shares of Andeavor in a research note on Friday, February 23rd. JPMorgan Chase decreased their target price on shares of Andeavor from $133.00 to $131.00 and set an “overweight” rating for the company in a research note on Monday, April 9th. ValuEngine raised shares of Andeavor from a “hold” rating to a “buy” rating in a research note on Friday, March 2nd. Finally, Zacks Investment Research downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a research note on Friday, February 23rd. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $126.94.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. increased its position in shares of Andeavor by 2.1% during the fourth quarter. BlackRock Inc. now owns 10,788,845 shares of the oil and gas company’s stock valued at $1,233,595,000 after acquiring an additional 219,535 shares in the last quarter. Boston Partners increased its position in shares of Andeavor by 26.5% during the fourth quarter. Boston Partners now owns 9,484,915 shares of the oil and gas company’s stock valued at $1,084,505,000 after acquiring an additional 1,989,609 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Andeavor by 4.2% during the fourth quarter. Bank of New York Mellon Corp now owns 4,071,932 shares of the oil and gas company’s stock valued at $465,585,000 after acquiring an additional 164,006 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Andeavor by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 1,553,715 shares of the oil and gas company’s stock valued at $177,290,000 after acquiring an additional 32,226 shares in the last quarter. Finally, Prudential Financial Inc. bought a new stake in shares of Andeavor during the third quarter valued at approximately $150,513,000. 79.39% of the stock is owned by institutional investors.

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About Andeavor

Andeavor, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. The company operates in three segments: Marketing, Logistics, and Refining. The Marketing segment sells gasoline and diesel fuel through retail, branded, and unbranded channels.

Insider Buying and Selling by Quarter for Andeavor (NYSE:ANDV)

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