Daiwa Securities Group Inc. boosted its position in Anadarko Petroleum Corporation (NYSE:APC) by 3.8% during the second quarter, Holdings Channel reports. The institutional investor owned 16,200 shares of the oil and gas development company’s stock after buying an additional 600 shares during the period. Daiwa Securities Group Inc.’s holdings in Anadarko Petroleum Corporation were worth $735,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in APC. Guardian Life Insurance Co. of America raised its position in Anadarko Petroleum Corporation by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 2,156 shares of the oil and gas development company’s stock worth $134,000 after buying an additional 15 shares in the last quarter. Klingenstein Fields & Co. LLC increased its position in Anadarko Petroleum Corporation by 0.8% in the second quarter. Klingenstein Fields & Co. LLC now owns 5,250 shares of the oil and gas development company’s stock valued at $238,000 after buying an additional 40 shares during the last quarter. Honkamp Krueger Financial Services Inc. increased its position in Anadarko Petroleum Corporation by 0.4% in the first quarter. Honkamp Krueger Financial Services Inc. now owns 13,586 shares of the oil and gas development company’s stock valued at $842,000 after buying an additional 51 shares during the last quarter. Albert D Mason Inc. increased its position in Anadarko Petroleum Corporation by 0.5% in the first quarter. Albert D Mason Inc. now owns 13,576 shares of the oil and gas development company’s stock valued at $842,000 after buying an additional 65 shares during the last quarter. Finally, IFP Advisors Inc increased its position in Anadarko Petroleum Corporation by 1.1% in the first quarter. IFP Advisors Inc now owns 7,043 shares of the oil and gas development company’s stock valued at $437,000 after buying an additional 78 shares during the last quarter. 84.56% of the stock is owned by hedge funds and other institutional investors.

Anadarko Petroleum Corporation (NYSE APC) opened at 43.54 on Friday. The firm’s market capitalization is $24.40 billion. Anadarko Petroleum Corporation has a 12 month low of $42.58 and a 12 month high of $73.33. The stock’s 50 day moving average is $44.60 and its 200-day moving average is $55.50.

Anadarko Petroleum Corporation (NYSE:APC) last issued its quarterly earnings results on Monday, July 24th. The oil and gas development company reported ($0.77) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.35) by $0.42. The firm had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.50 billion. Anadarko Petroleum Corporation had a negative return on equity of 9.71% and a negative net margin of 19.31%. The firm’s revenue for the quarter was up 41.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.60) EPS. Equities analysts anticipate that Anadarko Petroleum Corporation will post ($2.11) earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Wednesday, September 13th will be given a $0.05 dividend. The ex-dividend date is Tuesday, September 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.46%. Anadarko Petroleum Corporation’s dividend payout ratio (DPR) is currently -5.14%.

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Several research firms have recently issued reports on APC. UBS AG restated a “buy” rating and set a $80.00 price objective on shares of Anadarko Petroleum Corporation in a report on Monday, May 15th. BidaskClub upgraded shares of Anadarko Petroleum Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, August 4th. Royal Bank Of Canada set a $78.00 price objective on shares of Anadarko Petroleum Corporation and gave the stock a “buy” rating in a report on Saturday, June 17th. Mitsubishi UFJ Financial Group upgraded shares of Anadarko Petroleum Corporation from a “neutral” rating to a “buy” rating and set a $66.00 price objective on the stock in a report on Thursday, July 27th. Finally, Bank of America Corporation dropped their price objective on shares of Anadarko Petroleum Corporation from $81.00 to $80.00 and set a “buy” rating on the stock in a report on Tuesday, July 25th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $69.81.

In other news, Chairman R A. Walker purchased 19,300 shares of the company’s stock in a transaction dated Wednesday, May 17th. The shares were purchased at an average price of $51.82 per share, for a total transaction of $1,000,126.00. Following the transaction, the chairman now owns 176,718 shares of the company’s stock, valued at $9,157,526.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Peter J. Fluor purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, May 17th. The stock was purchased at an average price of $51.83 per share, for a total transaction of $1,036,600.00. Following the transaction, the director now directly owns 146,750 shares in the company, valued at approximately $7,606,052.50. The disclosure for this purchase can be found here. Insiders bought a total of 41,205 shares of company stock worth $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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