Anadarko Petroleum Corporation (APC) Position Cut by Lazard Asset Management LLC

Author

26 July, 2017

About 4.98 million shares traded. BLB&B Advisors LLC's holdings in Anadarko Petroleum Corporation were worth $257,000 as of its most recent SEC filing.

Equity Research firms now have a positive stance on shares of Myovant Sciences Ltd. (:MYOV). JPMorgan Chase & Co. boosted its stake in shares of Anadarko Petroleum Corporation by 47.4% in the first quarter. Macquarie Group Ltd. boosted its position in Anadarko Petroleum Corporation by 36.6% in the fourth quarter. Winch Advisory Services LLC now owns 2,167 shares of the oil and gas development company's stock worth $126,000 after buying an additional 1,807 shares during the period.

On 11/3/2015 Anadarko Petroleum Corporation announced a quarterly dividend of $0.27 1.54% with an ex dividend date of 12/7/2015 which will be payable on 12/23/2015. About 3.77M shares traded. Corecommodity Mngmt Ltd Liability Com stated it has 0.03% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). Vanguard Group Inc. now owns 38,870,940 shares of the oil and gas development company's stock worth $2,409,998,000 after buying an additional 1,227,182 shares during the period. The stock had a trading volume of 5,152,929 shares. The share price has moved backward from its 20 days moving average -2.74% and negatively from its 50 days moving average -0.54%. Anadarko Petroleum Corporation has a 12-month low of $42.58 and a 12-month high of $73.33. The company has market cap of $24.90 billion.

Anadarko Petroleum Corporation (APC) failed to surprise the stock market in its last reported earnings when it earned -$0.6 a piece versus the consensus-estimated -$0.24.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell.

The good news is there's still room for Anadarko Petroleum Corporation (APC) to grow. During the same quarter previous year, the business earned ($0.60) EPS. Equities research analysts forecast that Anadarko Petroleum Corporation will post ($1.29) EPS for the current year. However, the company's most recent quarter increase of 4.6% looks unattractive. Shareholders of record on Wednesday, June 14th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date was Monday, June 12th. Anadarko Petroleum Corporation (NYSE:APC) is -26.67% below its 200-day moving average, providing a measure of resistance for long positions.

If you are accessing this news story on another site, it was illegally stolen and reposted in violation of United States and global trademark and copyright law. If you are reading this piece on another website, it was illegally copied and republished in violation of U.S. & worldwide copyright laws. The correct version of this article can be accessed at https://www.thestockobserver.com/2017/07/25/wells-fargo-company-reaffirms-market-perform-rating-for-anadarko-petroleum-corporation-apc.html. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share. Stifel Nicolaus reissued a buy rating and set a $79.00 price objective on shares of Anadarko Petroleum Corporation in a research report on Friday, May 26th. UBS AG reaffirmed a "buy" rating and set a $80.00 price target on shares of Anadarko Petroleum Corporation in a research report on Monday, May 15th. Deutsche Bank maintained it with "Hold" rating and $64 target in Thursday, September 15 report. The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.50. CHASE ANTHONY R also bought $99,967 worth of Anadarko Petroleum Corporation (NYSE:APC) shares. Also, Chairman R A. Walker acquired 19,300 shares of the firm's stock in a transaction on Wednesday, May 17th. The shares were bought at an average cost of $51.83 per share, with a total value of $1,036,600.00. Following the transaction, the chairman now directly owns 176,718 shares in the company, valued at $9,157,526.76.

Sarasin & Partners Llp decreased Nextera Energy Inc (NYSE:NEE) stake by 241,303 shares to 621,990 valued at $74.30 million in 2016Q4. Following the completion of the transaction, the director now directly owns 23,636 shares in the company, valued at approximately $1,240,417.28. The disclosure for this purchase can be found here. Its last month's stock price volatility remained 0.65% which for the week approaches 0.68%. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned "Equal-Weight" rating by Barclays Capital on Wednesday, March 9. The Firm 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. Breaking down insider in the United States, the Securities and Exchange Commission makes rules concerning insider trading. It worsened, as 59 investors sold APC shares while 242 reduced holdings.


More news


  • Diesel Scrappage Scheme Expected 'Within Days'

    Diesel Scrappage Scheme Expected 'Within Days'

    Compulsory clean air charging zones were identified by the government's own experts as the best way to tackle pollution. No new petrol or diesel auto will be sold beyond 2040 with Brits expected to fork out for electric or hybrid vehicles.
    Notable Stocks in Focus: Tesla, Inc. (NASDAQ:TSLA) and ConocoPhillips (NYSE:COP)

    Notable Stocks in Focus: Tesla, Inc. (NASDAQ:TSLA) and ConocoPhillips (NYSE:COP)

    The Altman Z-score depends on five financial ratios that can be calculated from data found on a company's annual 10K report. The firm has " rating given on Monday, August 10 by Howard Weil. (USA) (NYSE:AGU) on Thursday, July 6 with "Hold" rating.
    Boehner Behind Closed Doors: GOP Will 'Never' Repeal Obamacare

    Boehner Behind Closed Doors: GOP Will 'Never' Repeal Obamacare

    On Feb. 23, Boehner made a similar prediction during a health care conference in Orlando, Florida. Mr Boehner's comments are a departure from Donald Trump's rhetoric saying "Obamacare is death".
  • Netflix, Inc. (NASDAQ:NFLX) Volume Spiking Mid-session

    Netflix, Inc. (NASDAQ:NFLX) Volume Spiking Mid-session

    Shares for $724,123 were sold by HYMAN DAVID A. $312,756 worth of Netflix, Inc . 45 funds opened positions while 90 raised stakes. Therefore 69% are positive. "Overweight" signal suggested by "4" Analysts and "Underweight" rating was reported by "0" Analysts.
    Newspaper: COAS, US commander agree to work for regional stability

    Newspaper: COAS, US commander agree to work for regional stability

    Pakistan military and government have, meanwhile, reiterated resolve for supporting an Afghan-led reconciliation process in Afghanistan.
    Four men punch and kick one another in Merrylands 'road rage' brawl

    Four men punch and kick one another in Merrylands 'road rage' brawl

    The driver, wearing a hi-vis shirt with the Allied Pickfords logo clearly visible - gets out of his vehicle and the fight begins. One auto then drives a loop around the intersection in what appears to be an attempt to park the other vehicle in.
  • TELUS Corporation (NYSE:TU) Position Maintained by APG Asset Management NV

    BidaskClub raised shares of TELUS Corporation from a "hold" rating to a "buy" rating in a research report on Tuesday, June 20th. The firm owned 10,069 shares of the Wireless communications provider's stock after selling 68,249 shares during the period.
    Sunny Leone Sizzles In Baadshaho Song Piya More. 'Hubba Hubba,' Says Twitter

    Sunny Leone Sizzles In Baadshaho Song Piya More. 'Hubba Hubba,' Says Twitter

    Overall, Piya More is just another track, put together by some fine talents of the music industry. The warning regarding the Emraan Hashmi , Sunny Leone song from Baadshaho was right up there.

    Pggm Investments Sold A Lot More Johnson & Johnson (JNJ) Stock

    Herzfeld Advisors Inc. acquired a new position in shares of Johnson & Johnson during the fourth quarter worth about $117,000. The Altman Z-score depends on five financial ratios that can be calculated from data found on a company's annual 10K report.
  • Analysts Showing Optimistic Trends For Rayonier Advanced Materials Inc. (RYAM)

    The share price of the company (NYSE:RYAM) was up +9.04%, with a high of 16.92 during the day and the volume of Rayonier Adv. On July 25 the company was changed to a "Sell" by Vertical Research which is down from the previous "Hold" rating.

    KCG Holdings Inc. Raises Stake in Cabot Corporation (NYSE:CBT)

    Massachusetts-based Loring Wolcott & Coolidge Fiduciary Llp Ma has invested 0% in Cabot Oil & Gas Corporation (NYSE:COG). On the earnings front, Cabot Oil & Gas Corporation (NYSE:COG) is expected to post quarterly earnings per share of $0.16.
    Arsenal to Sign Thomas Lemar for £45m This Week

    Arsenal to Sign Thomas Lemar for £45m This Week

    Arsenal had had a previous bid of £30m rejected by Monaco, but have been given the green light to sign Lemar after upping their bid.