Everence Capital Management Inc. trimmed its stake in Andeavor (NYSE:ANDV) by 37.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,800 shares of the oil and gas company’s stock after selling 1,680 shares during the quarter. Everence Capital Management Inc.’s holdings in Andeavor were worth $320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Daiwa SB Investments Ltd. acquired a new stake in shares of Andeavor in the fourth quarter worth $106,000. Sun Life Financial INC acquired a new stake in shares of Andeavor in the third quarter worth $110,000. Bollard Group LLC acquired a new stake in shares of Andeavor in the third quarter worth $123,000. Cerebellum GP LLC acquired a new stake in shares of Andeavor in the fourth quarter worth $127,000. Finally, Edge Wealth Management LLC acquired a new stake in shares of Andeavor in the third quarter worth $128,000. Institutional investors and hedge funds own 79.08% of the company’s stock.

Andeavor (ANDV) opened at $103.19 on Wednesday. Andeavor has a 1-year low of $75.11 and a 1-year high of $121.71. The company has a current ratio of 1.47, a quick ratio of 0.62 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $15,488.97, a PE ratio of 19.24, a price-to-earnings-growth ratio of 0.95 and a beta of 1.39.

Andeavor (NYSE:ANDV) last posted its earnings results on Wednesday, November 8th. The oil and gas company reported $2.70 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.03 by ($0.33). Andeavor had a net margin of 2.35% and a return on equity of 7.15%. The company had revenue of $9.84 billion for the quarter, compared to the consensus estimate of $9.94 billion. The business’s quarterly revenue was up 50.3% compared to the same quarter last year. equities research analysts anticipate that Andeavor will post 6.6 EPS for the current year.

Several analysts have recently commented on ANDV shares. Zacks Investment Research raised Andeavor from a “hold” rating to a “buy” rating and set a $119.00 target price for the company in a research report on Tuesday, October 10th. Piper Jaffray Companies reissued a “buy” rating and set a $121.00 price objective on shares of Andeavor in a research report on Friday, November 17th. Royal Bank of Canada reissued a “hold” rating and set a $101.00 price objective on shares of Andeavor in a research report on Friday, October 13th. Barclays lifted their price objective on Andeavor from $121.00 to $147.00 and gave the company an “overweight” rating in a research report on Tuesday, November 14th. Finally, ValuEngine cut Andeavor from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Seven analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Andeavor presently has a consensus rating of “Buy” and an average price target of $123.74.

In other news, Director Michael E. Wiley sold 700 shares of Andeavor stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $106.24, for a total value of $74,368.00. Following the transaction, the director now directly owns 41,850 shares in the company, valued at $4,446,144. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul L. Foster sold 51,700 shares of Andeavor stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $120.97, for a total value of $6,254,149.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 307,788 shares of company stock worth $35,129,190. Corporate insiders own 0.86% of the company’s stock.

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Andeavor Company Profile

Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.

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Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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