CapWealth Advisors LLC cut its position in Andeavor (NYSE:ANDV) by 4.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,362 shares of the oil and gas company’s stock after selling 1,300 shares during the quarter. CapWealth Advisors LLC’s holdings in Andeavor were worth $3,721,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CAPROCK Group Inc. purchased a new stake in shares of Andeavor during the 2nd quarter valued at $213,000. Harvest Management LLC purchased a new stake in shares of Andeavor during the 2nd quarter valued at $4,526,000. Capital Investment Advisors LLC purchased a new stake in shares of Andeavor during the 2nd quarter valued at $223,000. Mark Sheptoff Financial Planning LLC raised its position in shares of Andeavor by 13,630.2% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 5,904 shares of the oil and gas company’s stock valued at $775,000 after buying an additional 5,861 shares in the last quarter. Finally, Wetherby Asset Management Inc. purchased a new stake in shares of Andeavor during the 2nd quarter valued at $251,000. Institutional investors and hedge funds own 77.70% of the company’s stock.

Several research firms have recently weighed in on ANDV. Citigroup raised their price objective on shares of Andeavor from $148.00 to $155.00 and gave the company a “hold” rating in a research report on Friday, September 7th. Royal Bank of Canada raised their price objective on shares of Andeavor to $151.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 14th. They noted that the move was a valuation call. Mizuho began coverage on shares of Andeavor in a research report on Thursday, August 2nd. They set a “neutral” rating and a $158.00 price objective on the stock. ValuEngine upgraded shares of Andeavor from a “hold” rating to a “buy” rating in a research report on Thursday, July 12th. Finally, US Capital Advisors cut shares of Andeavor from a “buy” rating to a “hold” rating in a research report on Friday, June 29th. Twelve equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Andeavor currently has a consensus rating of “Hold” and an average price target of $138.75.

In other Andeavor news, Director Paul L. Foster sold 58,800 shares of the firm’s stock in a transaction on Thursday, July 12th. The shares were sold at an average price of $133.26, for a total value of $7,835,688.00. Following the sale, the director now owns 1,304,912 shares of the company’s stock, valued at approximately $173,892,573.12. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Paul L. Foster sold 5,880 shares of the firm’s stock in a transaction on Wednesday, August 29th. The stock was sold at an average price of $155.82, for a total transaction of $916,221.60. Following the completion of the sale, the director now directly owns 1,270,217 shares in the company, valued at approximately $197,925,212.94. The disclosure for this sale can be found here. In the last quarter, insiders sold 318,941 shares of company stock worth $46,162,050. 7.00% of the stock is owned by corporate insiders.

Shares of NYSE:ANDV opened at $156.09 on Friday. The firm has a market capitalization of $23.56 billion, a P/E ratio of 21.47, a price-to-earnings-growth ratio of 1.77 and a beta of 1.15. Andeavor has a 52 week low of $89.58 and a 52 week high of $157.65. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.69 and a current ratio of 1.42.

Andeavor (NYSE:ANDV) last issued its earnings results on Monday, August 6th. The oil and gas company reported $3.54 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $0.58. The company had revenue of $12.47 billion for the quarter, compared to analysts’ expectations of $12.36 billion. Andeavor had a net margin of 4.91% and a return on equity of 8.52%. equities analysts forecast that Andeavor will post 8.79 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 14th. Investors of record on Friday, August 31st were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend was Thursday, August 30th. Andeavor’s payout ratio is presently 36.48%.

Andeavor Company Profile

Andeavor, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. The company operates in three segments: Marketing, Logistics, and Refining. The Marketing segment sells gasoline and diesel fuel through retail, branded, and unbranded channels.

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Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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