Anadarko Petroleum Co. (APC) Holdings Lifted by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC boosted its stake in shares of Anadarko Petroleum Co. (NYSE:APC) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 100,389 shares of the oil and gas development company’s stock after purchasing an additional 2,855 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Anadarko Petroleum were worth $5,385,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stelac Advisory Services LLC acquired a new position in Anadarko Petroleum during the third quarter worth about $107,000. Fis Group Inc. acquired a new position in Anadarko Petroleum during the third quarter worth about $107,000. Steward Partners Investment Advisory LLC acquired a new position in Anadarko Petroleum during the third quarter worth about $116,000. Cerebellum GP LLC acquired a new position in Anadarko Petroleum during the fourth quarter worth about $131,000. Finally, Resources Investment Advisors Inc. acquired a new position in Anadarko Petroleum during the fourth quarter worth about $142,000. Institutional investors own 88.02% of the company’s stock.

Anadarko Petroleum Co. (APC) opened at $59.11 on Monday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.03 and a current ratio of 2.03. Anadarko Petroleum Co. has a one year low of $39.96 and a one year high of $70.87.

Several research firms have recently commented on APC. Morgan Stanley increased their price target on shares of Anadarko Petroleum from $55.00 to $66.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 24th. Stifel Nicolaus set a $73.00 price target on shares of Anadarko Petroleum and gave the company a “buy” rating in a research report on Monday, January 29th. Cowen set a $60.00 price target on shares of Anadarko Petroleum and gave the company a “buy” rating in a research report on Monday, October 16th. Scotiabank set a $62.00 price target on shares of Anadarko Petroleum and gave the company a “buy” rating in a research report on Saturday, November 25th. Finally, Wolfe Research lowered shares of Anadarko Petroleum from an “outperform” rating to a “market perform” rating in a research report on Monday, October 16th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and nineteen have given a buy rating to the company. Anadarko Petroleum presently has a consensus rating of “Buy” and an average price target of $66.52.

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Anadarko Petroleum Profile

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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Institutional Ownership by Quarter for Anadarko Petroleum (NYSE:APC)

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