UBS Oconnor LLC increased its stake in shares of Anadarko Petroleum Corporation (NYSE:APC) by 37.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 142,095 shares of the oil and gas development company’s stock after buying an additional 38,915 shares during the period. UBS Oconnor LLC’s holdings in Anadarko Petroleum Corporation were worth $8,810,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Verde Servicos Internacionais S.A. increased its position in shares of Anadarko Petroleum Corporation by 48.2% in the first quarter. Verde Servicos Internacionais S.A. now owns 41,252 shares of the oil and gas development company’s stock valued at $2,557,000 after buying an additional 13,416 shares during the period. Stillwater Investment Management LLC boosted its stake in Anadarko Petroleum Corporation by 3.4% in the first quarter. Stillwater Investment Management LLC now owns 15,699 shares of the oil and gas development company’s stock valued at $973,000 after buying an additional 513 shares in the last quarter. National Pension Service boosted its stake in Anadarko Petroleum Corporation by 8.0% in the first quarter. National Pension Service now owns 447,085 shares of the oil and gas development company’s stock valued at $27,795,000 after buying an additional 33,299 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Anadarko Petroleum Corporation by 1.4% in the first quarter. Quadrant Capital Group LLC now owns 3,375 shares of the oil and gas development company’s stock valued at $198,000 after buying an additional 48 shares in the last quarter. Finally, Gulf International Bank UK Ltd boosted its stake in Anadarko Petroleum Corporation by 1.4% in the first quarter. Gulf International Bank UK Ltd now owns 171,004 shares of the oil and gas development company’s stock valued at $10,602,000 after buying an additional 2,300 shares in the last quarter. Institutional investors own 85.12% of the company’s stock.

Shares of Anadarko Petroleum Corporation (APC) opened at 44.73 on Monday. Anadarko Petroleum Corporation has a 12 month low of $42.58 and a 12 month high of $73.33. The stock has a 50 day moving average price of $49.05 and a 200-day moving average price of $60.97. The stock’s market cap is $25.06 billion.

Anadarko Petroleum Corporation (NYSE:APC) last released its earnings results on Tuesday, May 2nd. The oil and gas development company reported ($0.60) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.26) by $0.34. The business had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Anadarko Petroleum Corporation had a negative net margin of 23.64% and a negative return on equity of 8.94%. On average, analysts forecast that Anadarko Petroleum Corporation will post ($1.10) EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 28th. Stockholders of record on Wednesday, June 14th were issued a $0.05 dividend. The ex-dividend date was Monday, June 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.45%. Anadarko Petroleum Corporation’s payout ratio is currently -4.45%.

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Several research firms have recently commented on APC. BMO Capital Markets raised their price target on Anadarko Petroleum Corporation from $50.00 to $53.00 and gave the company a “market perform” rating in a report on Friday. Zacks Investment Research cut Anadarko Petroleum Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Sanford C. Bernstein reissued an “outperform” rating on shares of Anadarko Petroleum Corporation in a report on Friday, July 7th. BidaskClub raised Anadarko Petroleum Corporation from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 4th. Finally, Scotiabank reissued a “buy” rating and issued a $66.00 price target on shares of Anadarko Petroleum Corporation in a report on Friday, June 30th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $74.41.

In other Anadarko Petroleum Corporation news, Director Anthony R. Chase bought 1,905 shares of Anadarko Petroleum Corporation stock in a transaction dated Thursday, May 18th. The stock was bought at an average price of $52.48 per share, for a total transaction of $99,974.40. Following the completion of the acquisition, the director now directly owns 23,636 shares of the company’s stock, valued at $1,240,417.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman R A. Walker bought 19,300 shares of Anadarko Petroleum Corporation stock in a transaction dated Wednesday, May 17th. The stock was acquired at an average price of $51.82 per share, with a total value of $1,000,126.00. Following the acquisition, the chairman now directly owns 176,718 shares of the company’s stock, valued at $9,157,526.76. The disclosure for this purchase can be found here. Insiders bought 41,205 shares of company stock valued at $2,136,700 in the last 90 days. Corporate insiders own 0.45% of the company’s stock.

About Anadarko Petroleum Corporation

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company 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. The Company’s geographical segments include the United States and International.

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

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