13 May, 2017
Barometer Capital Management Inc sold 33,850 shares as Apache Corp (APA)'s stock declined 0.75%. Investors that are interested in participating in the company's conference call can do so using this link. Apache Corporation (NYSE:APA) has declined 21.01% since October 5, 2016 and is downtrending. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.08. Apache had a negative return on equity of 4.70% and a negative net margin of 166.56%. On average, equities analysts forecast that Apache Co. will post $1.12 EPS for the current year. Burke & Herbert Bank & Trust Co. now owns 4,100 shares of the energy company's stock valued at $211,000 after buying an additional 800 shares in the last quarter. The stock of Apache Corporation (NYSE:APA) earned "Neutral" rating by Credit Suisse on Thursday, November 12. The company has market cap of $19.72 billion.
Apache Corporation has 52 week low of $46.09 and a 52 week high of $69.00 and has a market capitalization of $0.
The 20-day Simple Moving average for Apache Corporation NYSE is measured to be 2.89% in conjunction with the 200-Day Simple Moving Average of -9.57%.
The business also recently announced a quarterly dividend, which will be paid on Monday, May 22nd. Shareholders of record on Friday, April 21st will be paid a dividend of $0.25 per share. (NYSE:HCN) now have an ABR of 2.50.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. Apache's dividend payout ratio is now -4.42%. Can raised its stake in shares of Apache by 3.2% in the third quarter. The firm owned 11,481 shares of the energy company's stock after buying an additional 3,047 shares during the period. Ltd. raised its stake in shares of Apache by 3.4% in the third quarter. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 25,692,836 shares of the stock are valued at $1.29 billion. JNBA Financial Advisors increased its stake in Apache by 392.9% in the fourth quarter. Harris Associates L P now owns 16,397,422 shares of the energy company's stock valued at $842,663,000 after buying an additional 2,307,915 shares in the last quarter. Price T Rowe Associates Inc. Price T Rowe Associates Inc. The company's last traded volume of 3.56 million shares was up it's an average volume of 4.05 million shares. Hedge funds and other institutional investors own 93.38% of the company's stock. Apache Corporation NYSE has an Earning Per Share for the upcoming year at 87.40%. "(APA) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS" was originally reported by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this story on another publication, it was stolen and republished in violation of US & worldwide trademark and copyright law. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/05/13/welch-forbes-llc-sells-3182-shares-of-apache-co-apa-updated.html.
Several research analysts have issued reports on the stock. Bank of America Corp reissued a "buy" rating and issued a $57.00 price target (down previously from $60.00) on shares of Apache in a report on Thursday. Finally, Concorde Asset Management LLC purchased a new stake in shares of Apache during the third quarter worth $249,000. Massachusetts-based Baldwin Brothers Ma has invested 0.01% in Apache Corporation (NYSE:APA). Scotiabank reaffirmed a "hold" rating and issued a $58.00 target price on shares of Apache in a report on Friday, May 5th. Five analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have assigned a buy rating to the stock. Apache presently has an average rating of "Hold" and a consensus target price of $60.40. Moreover, Gateway Investment Advisers Limited Liability Company has 0.02% invested in Apache Corporation (NYSE:APA) for 29,077 shares. The Firm explores for, develops, and produces crude oil, natural gas and natural gas liquids.