Edmond De Rothschild Holding S.a. buys $43,885,380 stake in Anadarko Petroleum Corporation (APC)

Anadarko Petroleum Corporation (APC) : Edmond De Rothschild Holding S.a. scooped up 643,432 additional shares in Anadarko Petroleum Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 808,500 shares of Anadarko Petroleum Corporation which is valued at $43,885,380.Anadarko Petroleum Corporation makes up approximately 1.40% of Edmond De Rothschild Holding S.a.’s portfolio.

Other Hedge Funds, Including , Giovine Capital Group sold out all of its stake in APC during the most recent quarter. The investment firm sold 70,985 shares of APC which is valued $3,853,066.Los Angeles Capital Management Equity Research Inc boosted its stake in APC in the latest quarter, The investment management firm added 197,944 additional shares and now holds a total of 203,408 shares of Anadarko Petroleum Corporation which is valued at $10,986,066. Anadarko Petroleum Corporation makes up approx 0.09% of Los Angeles Capital Management Equity Research Inc’s portfolio. Cambridge Investment Research Advisors sold out all of its stake in APC during the most recent quarter. The investment firm sold 11,334 shares of APC which is valued $598,095.Concert Wealth Management boosted its stake in APC in the latest quarter, The investment management firm added 308 additional shares and now holds a total of 5,387 shares of Anadarko Petroleum Corporation which is valued at $293,753. Anadarko Petroleum Corporation makes up approx 0.04% of Concert Wealth Management’s portfolio. Old Second National Bank Of Aurora added APC to its portfolio by purchasing 47 company shares during the most recent quarter which is valued at $2,568.

Anadarko Petroleum Corporation closed down -1.11 points or -1.98% at $54.83 with 31,65,448 shares getting traded on Friday. Post opening the session at $55.64, the shares hit an intraday low of $54.4816 and an intraday high of $55.7 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Anadarko Petroleum Corporation reported $-1.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on May 2, 2016. Analyst had a consensus of $-1.18. The company had revenue of $1674.00 million for the quarter, compared to analysts expectations of $1786.65 million. The company’s revenue was down -27.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.72 EPS.

Investors should note that on Aug 2, 2016, Anadarko Petroleum Corporation announced a cash dividend of $0.0500. The company’s management has announced Sep 12, 2016 as the ex-dividend date and fixed the record date on Sep 14, 2016. The payable date has been fixed on Sep 28, 2016.

Many Wall Street Analysts have commented on Anadarko Petroleum Corporation. Anadarko Petroleum Corporation was Initiated by Credit Agricole to “Underperform” on Jun 22, 2016. Anadarko Petroleum Corporation was Resumed by Piper Jaffray to “Overweight” on Jun 10, 2016. Anadarko Petroleum Corporation was Initiated by Drexel Hamilton to “Buy” on Jun 8, 2016.

Anadarko Petroleum Corporation is an independent exploration and production company. The Company is engaged in the exploration development production and marketing of natural gas oil condensate natural gas liquids (NGLs) and anticipated production of liquefied natural gas (LNG). Its assets include United States onshore resource plays in the Rocky Mountains area the southern United States the Appalachian basin and Alaska. The Company has three segments: Oil and gas exploration and production Midstream and Marketing. Oil and gas exploration and production segment explores for and produces natural gas oil condensate and NGLs and plans for the development and operation of its LNG project. Midstream segment engages in gathering processing treating and transporting oil natural-gas and NGLs production. Marketing segment sells oil natural-gas and NGLs production. The Company is also an independent producer in the deepwater Gulf of Mexico.

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