Mn Services Vermogensbeheer B.V. Has $4.11 Million Stake in Anadarko Petroleum Corporation (APC)

Mn Services Vermogensbeheer B.V. boosted its stake in Anadarko Petroleum Corporation (NYSE:APC) by 508.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,746 shares of the oil and gas development company’s stock after buying an additional 75,841 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Anadarko Petroleum Corporation were worth $4,114,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Honkamp Krueger Financial Services Inc. increased its position in Anadarko Petroleum Corporation by 0.4% in the first quarter. Honkamp Krueger Financial Services Inc. now owns 13,586 shares of the oil and gas development company’s stock valued at $842,000 after buying an additional 51 shares in the last quarter. Verde Servicos Internacionais S.A. increased its position in Anadarko Petroleum Corporation by 48.2% in the first quarter. Verde Servicos Internacionais S.A. now owns 41,252 shares of the oil and gas development company’s stock valued at $2,557,000 after buying an additional 13,416 shares in the last quarter. Stillwater Investment Management LLC increased its position in Anadarko Petroleum Corporation by 3.4% in the first quarter. Stillwater Investment Management LLC now owns 15,699 shares of the oil and gas development company’s stock valued at $973,000 after buying an additional 513 shares in the last quarter. National Pension Service increased its position in Anadarko Petroleum Corporation by 8.0% in the first quarter. National Pension Service now owns 447,085 shares of the oil and gas development company’s stock valued at $27,795,000 after buying an additional 33,299 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its position in Anadarko Petroleum Corporation by 1.4% in the first quarter. Quadrant Capital Group LLC now owns 3,375 shares of the oil and gas development company’s stock valued at $198,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 85.18% of the company’s stock.

Shares of Anadarko Petroleum Corporation (NYSE APC) opened at 44.06 on Monday. The firm’s 50-day moving average is $45.96 and its 200 day moving average is $58.28. Anadarko Petroleum Corporation has a 52 week low of $42.58 and a 52 week high of $73.33. The firm’s market capitalization is $24.69 billion.

Anadarko Petroleum Corporation (NYSE:APC) last posted its quarterly earnings data on Tuesday, May 2nd. The oil and gas development company reported ($0.60) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by $0.34. The firm had revenue of $3.77 billion during the quarter, compared to analyst estimates of $2.64 billion. Anadarko Petroleum Corporation had a negative net margin of 23.64% and a negative return on equity of 8.94%. On average, equities analysts forecast that Anadarko Petroleum Corporation will post ($1.29) earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 28th. Stockholders of record on Wednesday, June 14th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.45%. The ex-dividend date was Monday, June 12th. Anadarko Petroleum Corporation’s payout ratio is currently -4.45%.

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Several research firms recently commented on APC. Scotiabank set a $75.00 price target on shares of Anadarko Petroleum Corporation and gave the stock a “buy” rating in a research note on Monday, March 27th. Barclays PLC reaffirmed an “equal weight” rating and issued a $57.00 price target (down previously from $59.00) on shares of Anadarko Petroleum Corporation in a research note on Saturday, April 22nd. Royal Bank Of Canada set a $84.00 price target on shares of Anadarko Petroleum Corporation and gave the stock a “buy” rating in a research note on Thursday, April 20th. Jefferies Group LLC reissued a “buy” rating and set a $62.00 target price on shares of Anadarko Petroleum Corporation in a research report on Friday, April 28th. Finally, Macquarie downgraded shares of Anadarko Petroleum Corporation from an “outperform” rating to a “neutral” rating and cut their target price for the company from $74.00 to $60.00 in a research report on Wednesday, May 3rd. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $72.04.

In other news, Director Peter J. Fluor acquired 20,000 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The stock was acquired at an average cost of $51.83 per share, with a total value of $1,036,600.00. Following the completion of the acquisition, the director now owns 146,750 shares of the company’s stock, valued at $7,606,052.50. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Anthony R. Chase acquired 1,905 shares of the firm’s stock in a transaction dated Thursday, May 18th. The stock was purchased at an average cost of $52.48 per share, with a total value of $99,974.40. Following the completion of the acquisition, the director now directly owns 23,636 shares of the company’s stock, valued at approximately $1,240,417.28. The disclosure for this purchase can be found here. Insiders bought 41,205 shares of company stock valued at $2,136,700 over the last three months. Corporate insiders own 0.45% of the company’s stock.

About Anadarko Petroleum Corporation

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. The Company’s segments include Oil and Gas Exploration and Production; Midstream, and Marketing. The Company’s geographical segments include the United States and International.

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