Anadarko Petroleum (NYSE:APC) Upgraded to "Buy" at Seaport Global Securities

Marco Green
January 14, 2018

The hedge fund run by Mario Gabelli held 3.10 million shares of the major banks company at the end of 2017Q3, valued at $170.84M, down from 3.13 million at the end of the previous reported quarter. Davis R M Inc sold 14,582 shares as General Electric Co (GE)'s stock declined 7.64%. The stock increased 13.41% or $0.0094 during the last trading session, reaching $0.0795. Abeona Therapeutics Inc. (NASDAQ:ABEO) has risen 151.02% since January 13, 2017 and is uptrending. It has underperformed by 3.55% the S&P500. Stelac Advisory Services LLC bought a new stake in shares of Anadarko Petroleum during the third quarter worth $107,000. Security National Trust Co. now owns 2,138 shares of the oil and gas development company's stock worth $114,000 after buying an additional 100 shares in the last quarter. The corporation has a market cap of US$32.38 Billion. The latest exchange of 0.7 Million shares is below its average trading activity of 733.15 Million shares. About 4.91 million shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 8.29% since January 14, 2017 and is uptrending. It has underperformed by 8.41% the S&P500. The correct version of this article can be accessed at Its up 0.02, from 0.82 in 2017Q2. It increased, as 54 investors sold APC shares while 267 reduced holdings. Financial Architects Inc raised its stake in shares of Anadarko Petroleum 90.9% in the second quarter. 468.24 million shares or 0.20% less from 469.17 million shares in 2017Q2 were reported. Jefferies Group also issued estimates for Anadarko Petroleum's Q4 2017 earnings at ($0.17) EPS, Q1 2018 earnings at ($0.01) EPS, Q2 2018 earnings at $0.00 EPS, Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at ($0.07) EPS, FY2018 earnings at ($0.02) EPS, Q2 2019 earnings at $0.00 EPS, Q3 2019 earnings at $0.01 EPS and FY2019 earnings at ($0.02) EPS.

Anadarko Petroleum Corporation (NYSE:APC) gross margin percentage stands at 81.8% while its operating margin for the past trailing twelve month is -15.7 percent and its overall profit margin (ttm) is -18.6 Percent. Cap Fund accumulated 0.28% or 799,490 shares. Baystate Wealth Management Lc invested in 1,127 shares or 0.01% of the stock. Jp Marvel Advisors Limited Liability Co holds 198,798 shares. Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.08% in Anadarko Petroleum Corporation (NYSE:APC). Anchor Advsr Ltd Limited Liability Company reported 311,616 shares. Covington Cap Mngmt stated it has 0.07% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). State Board Of Administration Of Florida Retirement reported 822,715 shares. Adams Asset Limited Co holds 0.09% or 13,865 shares. 29,178 are owned by Commonwealth Equity. Css Ltd Llc Il has 0.08% invested in Anadarko Petroleum Corporation (NYSE:APC). Monetary Mngmt Gp holds 400 shares or 0.01% of its portfolio.

Woodstock Corp decreased Merck & Co Inc (MRK) stake by 3.91% reported in 2017Q3 SEC filing. It also upped Northrop Grumman Corp (NYSE:NOC) stake by 11,094 shares and now owns 43,377 shares. Currently, Anadarko Petroleum Corporation (NYSE:APC) has an average volume of 5.61 Million. They expect $0.44 EPS, up 2.33% or $0.01 from last year's $0.43 per share. After $0.44 actual EPS reported by Premier, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Seaport Global Securities upgraded shares of Anadarko Petroleum (NYSE:APC) from a neutral rating to a buy rating in a research report sent to investors on Tuesday, December 19th, MarketBeat Ratings reports. Therefore 82% are positive.

Investment analysts at Jefferies Group lifted their FY2017 earnings per share (EPS) estimates for shares of Anadarko Petroleum in a note issued to investors on Wednesday, Zacks Investment Research reports. The rating was initiated by Ladenburg Thalmann on Monday, December 19 with "Buy". The firm has "Underweight" rating given on Wednesday, June 14 by Barclays Capital. (NYSE:APC) last issued its earnings results on Monday, October 31st. Recently, investment analysts covering the stock have updated the mean rating to 2.5. Tudor Pickering downgraded the stock to "Accumulate" rating in Thursday, November 12 report. Stifel Nicolaus reissued a "buy" rating and issued a $77.00 target price (up from $76.00) on shares of Anadarko Petroleum in a research report on Monday, September 25th. Amalgamated Bankshares has invested 0.09% in Anadarko Petroleum Corporation (NYSE:APC). (NYSE:OKE) on Thursday, February 2 to "Outperform" rating. The rating was downgraded by Argus Research to "Hold" on Friday, June 17.

Wellington Shields Capital Management Llc increased Johnson & Johnson (NYSE:JNJ) stake by 4,725 shares to 56,220 valued at $7.31 million in 2017Q3. It is negative, as 2 investors sold StoneCastle Financial Corp. shares while 11 reduced holdings. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and nineteen have assigned a buy rating to the company. ONEOK had 62 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with "Buy" on Thursday, November 9. As per Wednesday, September 16, the company rating was upgraded by Credit Suisse. The stock has "Buy" rating by Cantor Fitzgerald on Tuesday, July 18. Finally, RBC Capital Markets set a $70.00 price objective on Anadarko Petroleum Corp. and gave the company an "outperform" rating in a research note on Tuesday, September 13th. The firm has "Outperform" rating by BMO Capital Markets given on Friday, November 17. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The firm has "Buy" rating by Nomura given on Tuesday, May 3. CLSA has "Underperform" rating and $60 target.

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