Today, Amica Retiree Medical Trust Reached $183,000 position of Anadarko Petroleum Corp. (APC)

Today, Amica Retiree Medical Trust Reached $183,000 position  of Anadarko Petroleum Corp. (APC)

Amica Retiree Medical Trust maintained its stake in shares of Anadarko Petroleum Corp. (NYSE:APC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,892 shares of the oil and gas development company’s stock at the end of the third quarter. Amica Retiree Medical Trust’s holdings in Anadarko Petroleum Corp. were worth $183,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Kanaly Trust Co raised its stake in shares of Anadarko Petroleum Corp. by 44.2% in the second quarter. Kanaly Trust Co now owns 2,004 shares of the oil and gas development company’s stock worth $107,000 after buying an additional 614 shares during the period. Financial Architects Inc raised its stake in shares of Anadarko Petroleum Corp. by 90.9% in the second quarter. Financial Architects Inc now owns 1,995 shares of the oil and gas development company’s stock worth $107,000 after buying an additional 950 shares during the period. Security National Trust Co. raised its stake in shares of Anadarko Petroleum Corp. by 4.9% in the second quarter. 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 during the period. Stelac Advisory Services LLC acquired a new stake in shares of Anadarko Petroleum Corp. during the second quarter worth approximately $117,000. Finally, Argentus Capital Management LLC acquired a new stake in shares of Anadarko Petroleum Corp. during the third quarter worth approximately $121,000. Institutional investors and hedge funds own 81.24% of the company’s stock.

Anadarko Petroleum Corp. (NYSE:APC) traded down 1.92% on Friday, hitting $63.75. The company’s stock had a trading volume of 2,425,416 shares. The firm has a 50 day moving average of $62.19 and a 200 day moving average of $56.41. The firm’s market cap is $35.63 billion. Anadarko Petroleum Corp. has a 12 month low of $28.16 and a 12 month high of $65.47.

Anadarko Petroleum Corp. (NYSE:APC) last issued its quarterly earnings data on Monday, October 31st. The oil and gas development company reported ($0.89) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.54) by $0.35. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Anadarko Petroleum Corp. had a negative net margin of 50.51% and a negative return on equity of 10.73%. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.72) EPS. Equities research analysts forecast that Anadarko Petroleum Corp. will post ($3.04) earnings per share for the current fiscal year.

A number of analysts have issued reports on the company. Bank of America Corp. reissued a “buy” rating and issued a $95.00 target price on shares of Anadarko Petroleum Corp. in a research report on Tuesday, September 13th. Johnson Rice raised Anadarko Petroleum Corp. from an “accumulate” rating to a “buy” rating in a research report on Tuesday, September 13th. Citigroup Inc. raised their target price on Anadarko Petroleum Corp. from $65.00 to $68.00 and gave the stock a “buy” rating in a research report on Tuesday, September 13th. Jefferies Group reissued a “buy” rating on shares of Anadarko Petroleum Corp. in a research report on Thursday, August 11th. Finally, Goldman Sachs Group Inc. reissued a “buy” rating and issued a $68.00 target price (up from $67.00) on shares of Anadarko Petroleum Corp. in a research report on Thursday, July 28th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Anadarko Petroleum Corp. presently has an average rating of “Buy” and a consensus target price of $68.48.

Anadarko Petroleum Corp. Company Profile

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company’s segments include Oil and Gas Exploration & Production; Midstream, and Marketing. The Oil and Gas Exploration & Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company’s liquefied natural gas (LNG) project in Mozambique.

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