Anadarko Petroleum Corp Stock in Q4 2017 Driven by Institutional Investors

Marco Green
April 8, 2018

The firm purchased 17,304 shares of the oil and gas development company's stock, valued at approximately $928,000. The Company's segments include Oil and Gas Exploration & Production; Midstream, and Marketing. Wright Investors Service Inc who had been investing in Anadarko Pete Corp for a number of months, seems to be bullish on the $31.34B market cap company. Based on an average trading volume of 4,830,244 shares, the short-interest ratio is presently 6.2 days. Finally, BlackRock Institutional Trust Company N.A. increased its position in Anadarko Petroleum 7.1% in the third quarter. It has underperformed by 10.12% the S&P500.

Argi Investment Services Llc, which manages about $991.47M and $1.51B US Long portfolio, decreased its stake in Procter Gamble Co Com (NYSE:PG) by 10,291 shares to 71,177 shares, valued at $6.53 million in 2017Q4, according to the filing. The institutional investor held 15,852 shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $832,000, down from 40,700 at the end of the previous reported quarter. The stock decreased 1.39% or $0.48 during the last trading session, reaching $34.12. About 2.54M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 7, 2017 and is downtrending. It has outperformed by 70.65% the S&P500.

Big Money Sentiment increased to 0.88 in 2017 Q4. Its down 0.30, from 1.19 in 2017Q3. Sold All: 60 Reduced: 255 Increased: 187 New Position: 91. 151 funds opened positions while 383 raised stakes. Anadarko Petroleum Corporation (NYSE:APC) has risen 1.43% since April 8, 2017 and is uptrending. This is a positive change from Anadarko Petroleum's previous quarterly dividend of $0.05. Stifel Fin Corp invested 0.04% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). Amer Century invested in 0.25% or 4.68 million shares. Norinchukin Retail Bank The holds 43,746 shares. Fukoku Mutual Life Ins accumulated 0.02% or 1,880 shares. Vr Advisory Svcs reported 0.41% stake.

Analysts await Anadarko Petroleum Corporation (NYSE:APC) to report earnings on May, 1. 1St Source State Bank holds 4,604 shares or 0.02% of its portfolio. Eagle Glob Limited Com has invested 0.02% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). Chilton Management Ltd Liability Corp holds 0.77% or 156,572 shares in its portfolio. New York-based Allen Investment Mngmt Ltd Company has invested 0.03% in Anadarko Petroleum Corporation (NYSE:APC). Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 83% are positive. Williams Companies Inc. had 56 analyst reports since July 23, 2015 according to SRatingsIntel. (NYSE:APC) has 37 ratings reports on April 8, 2018 according to StockzIntelligence.

Anadarko Petroleum announced that its Board of Directors has authorized a stock buyback program on Wednesday, February 7th that permits the company to repurchase $500.00 million in outstanding shares. The firm earned "Neutral" rating on Wednesday, January 3 by Citigroup. The rating was maintained by Argus Research with "Buy" on Wednesday, November 25. The firm earned "Outperform" rating on Friday, November 17 by BMO Capital Markets. Tudor Invest Corporation Et Al reported 22,071 shares.

Among 12 analysts covering People's United Financial Inc (NASDAQ:PBCT), 1 have Buy rating, 2 Sell and 9 Hold. The stock has "Equal-Weight" rating by Barclays Capital on Wednesday, October 18. On Monday, October 16 the rating was maintained by Cowen & Co with "Buy". Carmignac Gestion now owns 13,619,742 shares of the oil and gas development company's stock valued at $725,251,000 after buying an additional 1,458,674 shares during the period. It also reduced its holding in Xo Group Inc (NYSE:XOXO) by 62,659 shares in the quarter, leaving it with 157,385 shares, and cut its stake in Shutterfly Inc (NASDAQ:SFLY). Morgan Stanley had 97 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Underweight" rating by JP Morgan given on Thursday, May 12. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned "Equal-Weight" rating by Barclays Capital on Wednesday, March 9. Stifel Nicolaus has "Buy" rating and $73.0 target. As per Friday, January 20, the company rating was downgraded by Mitsubishi UFJ. Teachers Retirement Systems Of The State Of Kentucky invested 0.04% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). As of March 15th, there was short interest totalling 29,914,195 shares, a growth of 123.5% from the February 28th total of 13,381,873 shares. Bessemer Grp Incorporated invested in 0.58% or 2.77M shares. Its up 11.44, from 1.04 in 2017Q3. It increased, as 28 investors sold MAC shares while 106 reduced holdings. 883.15 million shares or 0.40% less from 886.67 million shares in 2017Q3 were reported. International Limited Ca invested in 49,222 shares. (NASDAQ:MU) for 14.01M shares. Jolley Asset Mgmt Ltd Liability Com invested in 250 shares or 0.01% of the stock. Everence Mgmt stated it has 10,690 shares. Holderness Investments holds 7,600 shares. Putnam Fl Inv Management Co reported 502,043 shares. Raymond James And Assocs stated it has 1.39 million shares or 0.14% of all its holdings. Skylands Capital Lc invested in 0.02% or 2,200 shares. (NASDAQ:MU) for 32,500 shares. Monetary Mngmt holds 0.03% or 1,750 shares in its portfolio.

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