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Why You Should Care When Hedge Funds Invest in Anadarko Petroleum Corporation (APC)?

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Anadarko Petroleum Corporation (NYSE:APC) went up to recover about 13.56% since recording its record low price of $40.4. The stock experienced -2.55% slump, arriving at $45.88 on 01/23/2019. During the day, the stock price traveled from $45.301 to $47.47. This company shares are 57.63% off its target price of $72.32 and the current market capitalization stands at $22.84B. The recent change has given its price a -8.38% deficit over SMA 50 and -40.18% deficit over its 52-week high. The stock witnessed 3.92% gains, -30.48% declines and -35.43% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found APC’s volatility during a week at 3.57% and during a month it has been found around 3.64%.

Anadarko Petroleum Corporation (APC) Top Holders

Institutional investors currently hold around $20.21 billion or 87.7% in APC stock. Look at its top three institutional owners. Blackrock Inc. owns $2.23 billion in Anadarko Petroleum Corporation, which represents roughly 9.78% of the company’s market cap and approximately 11.05% of the institutional ownership. Similar statistics are true for the second largest owner, Dodge & Cox, which owns 43,463,717 shares of the stock are valued at $2.05 billion. The third largest holder is Vanguard Group Inc, which currently holds $1.86 billion worth of this stock and that ownership represents nearly 8.15% of its market capitalization.

Anadarko Petroleum Corporation 13F Filings

At the end of September reporting period, 320 institutional holders increased their position in Anadarko Petroleum Corporation (NYSE:APC) by some 29,169,040 shares, 442 decreased positions by 41,940,096 and 168 held positions by 358,098,503. That puts total institutional holdings at 429,207,639 shares, according to SEC filings. The stock grabbed 74 new institutional investments totaling 2,483,935 shares while 107 institutional investors sold out their entire positions totaling 8,865,850 shares.

Anadarko Petroleum Corporation (NYSE:APC) Insider Trades

Multiple company employees have indulged in significant insider trading. Anadarko Petroleum Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Chase Anthony R has acquired 1,905 shares of Anadarko Petroleum Corporation (APC) in trading session dated May. 18, 2017. These shares are worth $99,974 and were traded at $52.48 each. The SEC filing shows that Fluor Peter J performed a purchase of 20,000 shares. The Director added these shares by way of transaction on May. 17, 2017. The company’s shares were assimilated at $51.83 per share worth to an investment of some $1,036,600 on account of Fluor Peter J.

Chairman, President & CEO, Walker R A, purchased 19,300 common shares of Anadarko Petroleum Corporation (APC) in the open market. In a transaction dated May. 17, 2017, the shares were bought at an average price of $51.82, giving away a sum of $1,000,126. After this purchase, 284,718 common shares of APC are directly owned by the insider, with total stake valued at $13,062,862.

In the transaction dated Nov. 11, 2016, the great number of shares disposed came courtesy the Director; Gordon John R disposed a total of 7,500 shares at an average price of $61.3, amounting to approximately $459,750. The insider now directly owns 171,079 shares worth $7,849,105.

Anadarko Petroleum Corporation (APC) Analyst Guide

Several analysts have released their opinion on Anadarko Petroleum Corporation (NYSE:APC), with 13 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 16 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.73 average brokerage recommendation.

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