Investors sold shares of Anadarko Petroleum Co. (NYSE:APC) on strength during trading hours on Friday. $48.78 million flowed into the stock on the tick-up and $65.58 million flowed out of the stock on the tick-down, for a money net flow of $16.80 million out of the stock. Of all stocks tracked, Anadarko Petroleum had the 20th highest net out-flow for the day. Anadarko Petroleum traded up $0.47 for the day and closed at $52.06

Several brokerages have commented on APC. Johnson Rice lowered shares of Anadarko Petroleum from a “buy” rating to an “accumulate” rating in a research report on Wednesday, August 15th. Zacks Investment Research upgraded shares of Anadarko Petroleum from a “hold” rating to a “buy” rating and set a $74.00 price objective on the stock in a research report on Monday, October 22nd. BMO Capital Markets set a $72.00 price objective on shares of Anadarko Petroleum and gave the stock a “buy” rating in a research report on Monday, November 12th. Stifel Nicolaus reiterated a “buy” rating and issued a $81.00 price objective on shares of Anadarko Petroleum in a research report on Wednesday, October 24th. Finally, Morgan Stanley set a $85.00 price objective on shares of Anadarko Petroleum and gave the stock a “hold” rating in a research report on Friday, October 12th. Five analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $79.67.

The company has a market cap of $26.72 billion, a price-to-earnings ratio of -26.56, a PEG ratio of 1.34 and a beta of 1.49. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.87 and a current ratio of 0.87.

Anadarko Petroleum (NYSE:APC) last announced its earnings results on Tuesday, October 30th. The oil and gas development company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.02). Anadarko Petroleum had a net margin of 11.49% and a return on equity of 8.90%. The firm had revenue of $3.70 billion during the quarter, compared to analyst estimates of $3.47 billion. During the same period in the previous year, the firm posted ($0.77) EPS. The company’s revenue for the quarter was up 48.1% compared to the same quarter last year. As a group, research analysts anticipate that Anadarko Petroleum Co. will post 2.76 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 26th. Investors of record on Wednesday, December 12th will be paid a $0.30 dividend. This is an increase 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 2.31%. Anadarko Petroleum’s payout ratio is presently -51.02%.

Hedge funds have recently made changes to their positions in the stock. Wesbanco Bank Inc. increased its stake in shares of Anadarko Petroleum by 7.9% during the 2nd quarter. Wesbanco Bank Inc. now owns 10,997 shares of the oil and gas development company’s stock valued at $806,000 after acquiring an additional 806 shares during the last quarter. Cobiz Wealth LLC increased its stake in shares of Anadarko Petroleum by 1.2% during the 3rd quarter. Cobiz Wealth LLC now owns 71,811 shares of the oil and gas development company’s stock valued at $4,841,000 after acquiring an additional 825 shares during the last quarter. Welch & Forbes LLC increased its stake in shares of Anadarko Petroleum by 1.3% during the 3rd quarter. Welch & Forbes LLC now owns 75,094 shares of the oil and gas development company’s stock valued at $5,062,000 after acquiring an additional 940 shares during the last quarter. FTB Advisors Inc. increased its stake in shares of Anadarko Petroleum by 23.2% during the 2nd quarter. FTB Advisors Inc. now owns 5,058 shares of the oil and gas development company’s stock valued at $369,000 after acquiring an additional 952 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its stake in shares of Anadarko Petroleum by 1.2% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 85,768 shares of the oil and gas development company’s stock valued at $5,782,000 after acquiring an additional 991 shares during the last quarter. 85.01% of the stock is owned by hedge funds and other institutional investors.

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Anadarko Petroleum Company Profile (NYSE:APC)

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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