Victory Capital Management Inc. grew its holdings in shares of Andeavor (NYSE:ANDV) by 0.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 124,961 shares of the oil and gas company’s stock after purchasing an additional 389 shares during the period. Victory Capital Management Inc. owned approximately 0.08% of Andeavor worth $16,392,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. FIL Ltd increased its position in shares of Andeavor by 48.7% during the first quarter. FIL Ltd now owns 1,653,124 shares of the oil and gas company’s stock valued at $166,238,000 after acquiring an additional 541,461 shares in the last quarter. LSV Asset Management increased its position in shares of Andeavor by 17.0% during the first quarter. LSV Asset Management now owns 1,203,174 shares of the oil and gas company’s stock valued at $120,991,000 after acquiring an additional 174,600 shares in the last quarter. Westfield Capital Management Co. LP increased its position in shares of Andeavor by 57.0% during the first quarter. Westfield Capital Management Co. LP now owns 1,148,183 shares of the oil and gas company’s stock valued at $115,461,000 after acquiring an additional 416,928 shares in the last quarter. Guggenheim Capital LLC increased its position in shares of Andeavor by 3.7% during the first quarter. Guggenheim Capital LLC now owns 712,050 shares of the oil and gas company’s stock valued at $71,602,000 after acquiring an additional 25,705 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Andeavor by 18.5% during the first quarter. Wells Fargo & Company MN now owns 697,754 shares of the oil and gas company’s stock valued at $70,165,000 after acquiring an additional 108,811 shares in the last quarter. Hedge funds and other institutional investors own 80.00% of the company’s stock.

NYSE:ANDV opened at $144.84 on Friday. The company has a quick ratio of 0.69, a current ratio of 1.42 and a debt-to-equity ratio of 0.64. Andeavor has a 12 month low of $89.58 and a 12 month high of $152.97. The company has a market capitalization of $22.70 billion, a price-to-earnings ratio of 22.39, a P/E/G ratio of 1.71 and a beta of 1.30.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 14th. Shareholders of record on Friday, August 31st will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Thursday, August 30th. Andeavor’s dividend payout ratio (DPR) is presently 36.48%.

In other Andeavor news, VP Stephan E. Tompsett sold 490 shares of Andeavor stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $151.65, for a total value of $74,308.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Keith M. Casey sold 24,571 shares of Andeavor stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $151.11, for a total transaction of $3,712,923.81. Following the completion of the sale, the executive vice president now directly owns 65,499 shares of the company’s stock, valued at approximately $9,897,553.89. The disclosure for this sale can be found here. In the last ninety days, insiders sold 355,311 shares of company stock valued at $50,872,862. 7.00% of the stock is currently owned by insiders.

Several brokerages recently weighed in on ANDV. Royal Bank of Canada raised their price target 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. ValuEngine downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a research report on Thursday, June 21st. US Capital Advisors downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a research report on Friday, June 29th. Citigroup downgraded shares of Andeavor from a “buy” rating to a “neutral” rating and reduced their price target for the company from $144.08 to $80.46 in a research report on Thursday, May 10th. Finally, 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 target for the company. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $134.09.

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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