TD Asset Management Inc. Cuts Stock Holdings in Anadarko Petroleum Co. (NYSE:APC)

TD Asset Management Inc. lowered its stake in shares of Anadarko Petroleum Co. (NYSE:APC) by 59.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 396,380 shares of the oil and gas development company’s stock after selling 571,976 shares during the quarter. TD Asset Management Inc. owned 0.08% of Anadarko Petroleum worth $27,969,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. State of New Jersey Common Pension Fund D increased its holdings in Anadarko Petroleum by 417.6% in the second quarter. State of New Jersey Common Pension Fund D now owns 1,100,000 shares of the oil and gas development company’s stock valued at $77,616,000 after buying an additional 887,500 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Anadarko Petroleum by 21.0% during the first quarter. American Century Companies Inc. now owns 4,240,987 shares of the oil and gas development company’s stock worth $192,880,000 after purchasing an additional 735,388 shares during the last quarter. FNY Investment Advisers LLC grew its holdings in shares of Anadarko Petroleum by 693,918.0% during the second quarter. FNY Investment Advisers LLC now owns 694,018 shares of the oil and gas development company’s stock worth $48,969,000 after purchasing an additional 693,918 shares during the last quarter. Clearbridge Investments LLC grew its holdings in shares of Anadarko Petroleum by 2.7% during the first quarter. Clearbridge Investments LLC now owns 23,289,436 shares of the oil and gas development company’s stock worth $1,059,204,000 after purchasing an additional 601,916 shares during the last quarter. Finally, ARP Americas LP purchased a new position in shares of Anadarko Petroleum during the second quarter worth about $40,120,000. 85.17% of the stock is currently owned by institutional investors and hedge funds.

NYSE:APC remained flat at $$72.77 during mid-day trading on Friday. 44,791,047 shares of the company were exchanged, compared to its average volume of 6,979,022. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.95. The stock has a market cap of $36.56 billion, a price-to-earnings ratio of 32.20, a price-to-earnings-growth ratio of 5.64 and a beta of 1.64. Anadarko Petroleum Co. has a 1 year low of $40.40 and a 1 year high of $76.23. The firm’s fifty day moving average price is $72.54 and its 200 day moving average price is $61.63.



Anadarko Petroleum (NYSE:APC) last announced its quarterly earnings data on Friday, July 26th. The oil and gas development company reported $0.51 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.04). The firm had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.31 billion. Anadarko Petroleum had a negative net margin of 4.20% and a positive return on equity of 10.49%. Anadarko Petroleum’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.54 EPS. On average, equities research analysts forecast that Anadarko Petroleum Co. will post 1.97 earnings per share for the current year.

Several equities analysts have issued reports on APC shares. JPMorgan Chase & Co. lowered Anadarko Petroleum from an “overweight” rating to a “neutral” rating and set a $65.00 price objective on the stock. in a report on Monday, April 29th. Sanford C. Bernstein downgraded shares of Anadarko Petroleum from an “outperform” rating to a “market perform” rating and set a $72.55 target price for the company. in a research note on Tuesday, April 30th. Piper Jaffray Companies downgraded shares of Anadarko Petroleum from an “overweight” rating to a “neutral” rating and set a $65.00 target price for the company. in a research note on Monday, April 22nd. Jefferies Financial Group downgraded shares of Anadarko Petroleum from a “buy” rating to a “hold” rating and set a $79.00 target price for the company. in a research note on Thursday, April 25th. Finally, Johnson Rice downgraded shares of Anadarko Petroleum from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. One research analyst has rated the stock with a sell rating, twenty-three have given a hold rating and five have assigned a buy rating to the stock. Anadarko Petroleum presently has a consensus rating of “Hold” and an average target price of $70.25.

Anadarko Petroleum Company Profile

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs).

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

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