Wrapmanager Inc buys $1,544,266 stake in Anadarko Petroleum Corporation (APC)

Anadarko Petroleum Corporation (APC) : Wrapmanager Inc scooped up 1,121 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 28,450 shares of Anadarko Petroleum Corporation which is valued at $1,544,266.Anadarko Petroleum Corporation makes up approximately 0.62% of Wrapmanager Inc’s portfolio.

Other Hedge Funds, Including , Westbourne Investment Advisors added APC to its portfolio by purchasing 3,800 company shares during the most recent quarter which is valued at $206,264. Anadarko Petroleum Corporation makes up approx 0.18% of Westbourne Investment Advisors’s portfolio.Advisors Asset Management boosted its stake in APC in the latest quarter, The investment management firm added 310 additional shares and now holds a total of 15,722 shares of Anadarko Petroleum Corporation which is valued at $849,145. Anadarko Petroleum Corporation makes up approx 0.01% of Advisors Asset Management’s portfolio.Td Asset Management Inc reduced its stake in APC by selling 777,727 shares or 61.43% in the most recent quarter. The Hedge Fund company now holds 488,333 shares of APC which is valued at $25,769,332. Anadarko Petroleum Corporation makes up approx 0.05% of Td Asset Management Inc’s portfolio.Supplemental Annuity Collective Trust Of Nj reduced its stake in APC by selling 2,000 shares or 25.0% in the most recent quarter. The Hedge Fund company now holds 6,000 shares of APC which is valued at $316,080. Anadarko Petroleum Corporation makes up approx 0.15% of Supplemental Annuity Collective Trust Of Nj’s portfolio.Nordea Investment Management Ab reduced its stake in APC by selling 196,419 shares or 31.82% in the most recent quarter. The Hedge Fund company now holds 420,877 shares of APC which is valued at $22,946,214. Anadarko Petroleum Corporation makes up approx 0.07% of Nordea Investment Management Ab’s portfolio.

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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