BMO Capital Markets lowered shares of Anadarko Petroleum (NYSE:APC) from an outperform rating to a market perform rating in a research report released on Monday, The Fly reports.

A number of other research analysts have also commented on APC. Zacks Investment Research lowered Anadarko Petroleum from a hold rating to a sell rating in a report on Wednesday, December 19th. Credit Suisse Group restated a buy rating and set a $73.00 target price on shares of Anadarko Petroleum in a research note on Wednesday, December 19th. Capital One Financial downgraded Anadarko Petroleum from an overweight rating to an equal weight rating in a research note on Thursday, December 20th. SunTrust Banks set a $55.00 target price on Anadarko Petroleum and gave the company a hold rating in a research note on Tuesday, January 29th. Finally, Mitsubishi UFJ Financial Group decreased their target price on Anadarko Petroleum to $70.00 in a research note on Thursday, February 7th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of $73.84.

Shares of NYSE APC opened at $62.26 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.41. The stock has a market cap of $23.38 billion, a PE ratio of 27.55, a P/E/G ratio of 2.33 and a beta of 1.55. Anadarko Petroleum has a 52 week low of $40.40 and a 52 week high of $76.70.

Anadarko Petroleum (NYSE:APC) last issued its quarterly earnings data on Tuesday, February 5th. The oil and gas development company reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.19). The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.47 billion. Anadarko Petroleum had a net margin of 4.60% and a return on equity of 10.14%. The business’s revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.18 EPS. Research analysts expect that Anadarko Petroleum will post 1.66 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 13th were given a $0.30 dividend. The ex-dividend date was Tuesday, March 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.93%. Anadarko Petroleum’s dividend payout ratio is currently 53.10%.

Several hedge funds have recently made changes to their positions in APC. Claybrook Capital LLC bought a new stake in shares of Anadarko Petroleum in the 4th quarter worth approximately $29,000. We Are One Seven LLC bought a new stake in shares of Anadarko Petroleum in the 4th quarter worth approximately $41,000. Legacy Bridge LLC bought a new stake in shares of Anadarko Petroleum in the 4th quarter worth approximately $43,000. Lindbrook Capital LLC bought a new stake in shares of Anadarko Petroleum in the 4th quarter worth approximately $43,000. Finally, Bremer Trust National Association bought a new stake in shares of Anadarko Petroleum in the 4th quarter worth approximately $47,000. Institutional investors own 87.05% of the company’s stock.

About Anadarko Petroleum

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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Analyst Recommendations for Anadarko Petroleum (NYSE:APC)

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