Cohen & Steers Inc. Has $6.09 Million Stake in Anadarko Petroleum Corporation (APC)

Lloyd Doyle
December 13, 2017

Anadarko Petroleum's dividend payout ratio (DPR) is now -5.63%. The stock increased 0.88% or $0.5 during the last trading session, reaching $57.05. At one point in the past year, the shares traded as low as $39.96 but has recovered 20.87% since then. They see Anadarko Petroleum Corporation (APC) price hitting a mean target of $62.76 a share, meaning the stock still has potential that could lift the price another 29.94% Also, the recent close suggests the stock is underpriced by 107.04% compared to the most bullish target. It has underperformed by 8.41% the S&P500. Systematic Mngmt Lp holds 0.01% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 6,300 shares. Anadarko Petroleum Corporation had 109 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Buy" rating by Argus Research on Tuesday, August 11.

Anadarko Petroleum announced that its board has approved a share repurchase plan on Wednesday, September 20th that allows the company to repurchase $2.50 billion in shares. The company was downgraded on Thursday, December 7 by Keefe Bruyette & Woods. As per Friday, January 13, the company rating was maintained by RBC Capital Markets. The company was maintained on Monday, May 1 by Jefferies. Cantor Fitzgerald maintained Anthem, Inc. In the same month, Barclays lowered its rating for Anadarko Petroleum from "equal weight" to "underweight". Bienville Capital Management LLC now owns 5,840 shares of the oil and gas development company's stock worth $265,000 after acquiring an additional 112 shares during the last quarter. It also reduced its holding in Penumbra Inc by 102,964 shares in the quarter, leaving it with 931,444 shares, and cut its stake in Prothena Corp Plc (NASDAQ:PRTA). Mylan Nv (NASDAQ:MYL) was reduced too. Investors of record on Wednesday, December 13th will be given a dividend of $0.05 per share.

In an overview of the current analyst recommendations, Buy count is 22 and Overweight is 3 while the number of analysts recommending Sell and Underweight are 1 and 0, respectively. It is positive, as 124 investors sold APC shares while 237 reduced holdings. 58 funds opened positions while 238 raised stakes. The oil and gas development company reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.56) by ($0.21). The stock increased 0.52% or $1.17 during the last trading session, reaching $226.02. Covington Capital owns 45,136 shares for 0.17% of their portfolio. Harris Limited Partnership owns 5.18 million shares. Millennium Limited Liability Company has invested 0.29% of its portfolio in D.R. Horton, Inc.


Investors sentiment increased to 0.99 in Q2 2017. Bradley Foster And Sargent Ct holds 23,730 shares. San Francisco Sentry Invest Gp (Ca) accumulated 7,252 shares. The Pennsylvania-based Nationwide Fund Advsrs has invested 0.05% in D.R. Horton, Inc. Anadarko Petroleum Corporation is given 12 buy-equivalent recommendations, 0 sells and 6 holds. Scotia Capital Incorporated has 0.01% invested in D.R. Horton, Inc. The institutional investor held 12,438 shares of the oil & gas production company at the end of 2017Q2, valued at $563,000, up from 1,027 at the end of the previous reported quarter. State Street Corp grew its position in Anadarko Petroleum by 0.8% in the second quarter. (NYSE:DHI). First Republic Invest Mgmt invested 0.01% in D.R. Horton, Inc. Pathstone Family Office Ltd Liability Company has invested 0.02% in Anadarko Petroleum Corporation (NYSE:APC). During the same quarter in the prior year, the company earned ($0.89) earnings per share. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned "Buy" rating by Stifel Nicolaus on Monday, September 25. Prentiss Smith reported 29,568 shares stake. The number of shares now owned by investors are 553 mln. Intel Corp (NASDAQ:INTC) was raised too. Anadarko Petroleum's quarterly revenue was up 31.9% compared to the same quarter last year. research analysts expect that Anadarko Petroleum Corporation will post -2.24 earnings per share for the current year. Therefore 82% are positive. Anadarko Petroleum Corporation (NYSE:APC) has risen 8.29% since December 12, 2016 and is uptrending. The rating was maintained by IBERIA Capital Partners with "Outperform" on Monday, November 2. Kentucky Retirement Insur Tru Fund reported 0.12% in Anadarko Petroleum Corporation (NYSE:APC). Cantor Fitzgerald upgraded the shares of ANTM in report on Friday, April 28 to "Overweight" rating. That puts the market capitalization at $4.25 bln. The stock of Anadarko Petroleum Corporation (NYSE:APC) has "Hold" rating given on Friday, September 1 by BMO Capital Markets. The rating was downgraded by Seaport Global on Friday, December 9 to "Neutral".

New York: Anadarko Petroleum (NYSE:APC) coverage was started with a key "Outperform" rating as well as a $61 target price per share at Credit Suisse.

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