Mutual of America Capital Management LLC reduced its position in shares of Anadarko Petroleum Co. (NYSE:APC) by 0.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,282 shares of the oil and gas development company’s stock after selling 938 shares during the period. Mutual of America Capital Management LLC’s holdings in Anadarko Petroleum were worth $6,625,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. boosted its position in shares of Anadarko Petroleum by 11.8% during the third quarter. BlackRock Inc. now owns 47,443,900 shares of the oil and gas development company’s stock worth $3,198,193,000 after buying an additional 5,004,406 shares during the period. FMR LLC boosted its position in shares of Anadarko Petroleum by 9.2% during the second quarter. FMR LLC now owns 23,949,562 shares of the oil and gas development company’s stock worth $1,754,305,000 after buying an additional 2,011,856 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Anadarko Petroleum by 1.7% during the third quarter. Bank of New York Mellon Corp now owns 8,079,505 shares of the oil and gas development company’s stock worth $544,639,000 after buying an additional 138,019 shares during the period. Janus Henderson Group PLC boosted its position in shares of Anadarko Petroleum by 22.8% during the third quarter. Janus Henderson Group PLC now owns 7,350,604 shares of the oil and gas development company’s stock worth $495,505,000 after buying an additional 1,363,271 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Anadarko Petroleum by 25.0% during the third quarter. American Century Companies Inc. now owns 3,458,259 shares of the oil and gas development company’s stock worth $233,121,000 after buying an additional 692,224 shares during the period. 85.01% of the stock is owned by institutional investors.

NYSE:APC opened at $51.59 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market capitalization of $26.72 billion, a price-to-earnings ratio of -26.32, a price-to-earnings-growth ratio of 1.34 and a beta of 1.49. Anadarko Petroleum Co. has a 12-month low of $46.80 and a 12-month high of $76.70.

Anadarko Petroleum (NYSE:APC) last released its quarterly earnings data on Tuesday, October 30th. The oil and gas development company reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.02). The business had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.47 billion. Anadarko Petroleum had a net margin of 11.49% and a return on equity of 8.90%. Anadarko Petroleum’s quarterly revenue was up 48.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.77) EPS. Equities research analysts predict that Anadarko Petroleum Co. will post 2.76 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 26th. Shareholders of record on Wednesday, December 12th will be paid a $0.30 dividend. This is a positive change from Anadarko Petroleum’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, December 11th. This represents a $1.20 annualized dividend and a yield of 2.33%. Anadarko Petroleum’s dividend payout ratio is currently -51.02%.

Several research analysts have recently weighed in on the company. Zacks Investment Research raised Anadarko Petroleum from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research report on Monday, October 22nd. Morgan Stanley reduced their price target on Anadarko Petroleum from $86.00 to $82.00 and set a “hold” rating for the company in a research report on Tuesday, September 4th. Citigroup reduced their price target on Anadarko Petroleum from $76.00 to $74.00 and set a “neutral” rating for the company in a research report on Monday, August 13th. MKM Partners initiated coverage on Anadarko Petroleum in a research report on Wednesday. They set a “buy” rating and a $76.00 price target for the company. Finally, Stifel Nicolaus reissued a “buy” rating and set a $88.00 price target on shares of Anadarko Petroleum in a research report on Monday, November 12th. Five investment analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. Anadarko Petroleum has a consensus rating of “Buy” and a consensus price target of $80.35.

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Anadarko Petroleum Profile

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

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