Anadarko Petroleum Corporation (NYSE:APC)’s Trend Up, Especially After Decreased Shorts

April 17, 2018 - By Michael Collier

Anadarko Petroleum Corporation (NYSE:APC) Logo

Investors sentiment increased to 0.88 in 2017 Q4. Its up 0.04, from 0.84 in 2017Q3. It improved, as 60 investors sold Anadarko Petroleum Corporation shares while 255 reduced holdings. 91 funds opened positions while 187 raised stakes. 454.79 million shares or 2.87% less from 468.24 million shares in 2017Q3 were reported.
Stewart Patten Communications Limited Liability reported 5,818 shares. Gamco Investors Inc Et Al, a New York-based fund reported 282,490 shares. Meridian Mgmt has 5,000 shares for 0.13% of their portfolio. Stratos Wealth Prtnrs stated it has 3,279 shares. Greenleaf owns 612 shares. Employees Retirement System Of Texas reported 0.06% stake. Exxonmobil Inv Mngmt Inc Tx owns 0.13% invested in Anadarko Petroleum Corporation (NYSE:APC) for 87,001 shares. 64,739 are owned by Amalgamated Bancorporation. Garrison holds 44,465 shares. General Amer Investors has 158,000 shares for 0.82% of their portfolio. Waratah Capital holds 305,247 shares or 1.9% of its portfolio. Focused Wealth Mngmt Inc accumulated 100 shares. Tiaa Cref Invest Limited Liability Company has 2.10M shares. Proshare Advsrs Ltd Co reported 112,465 shares. Oppenheimer Asset Mngmt Inc holds 54,046 shares or 0.07% of its portfolio.

The stock of Anadarko Petroleum Corporation (NYSE:APC) registered a decrease of 6.37% in short interest. APC’s total short interest was 28.01M shares in April as published by FINRA. Its down 6.37% from 29.91 million shares, reported previously. With 5.61M shares average volume, it will take short sellers 5 days to cover their APC’s short positions. The short interest to Anadarko Petroleum Corporation’s float is 5.13%.

The stock increased 1.12% or $0.71 during the last trading session, reaching $64.17. About 854,103 shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 1.43% since April 17, 2017 and is uptrending. It has underperformed by 10.12% the S&P500.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of gas and oil properties. The company has market cap of $33.07 billion. It operates through three divisions: Oil and Gas Exploration and Production, Midstream, and Marketing. It currently has negative earnings. The Oil and Gas Exploration and Production segment explores for and produces oil, natural gas, and natural gas liquids .

Anadarko Petroleum Corporation (NYSE:APC) Ratings Coverage

Among 15 analysts covering Anadarko Petroleum (NYSE:APC), 12 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. Anadarko Petroleum has $7900 highest and $39 lowest target. $68.38’s average target is 6.56% above currents $64.17 stock price. Anadarko Petroleum had 34 analyst reports since October 18, 2017 according to SRatingsIntel. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned “Buy” rating by RBC Capital Markets on Wednesday, December 20. Susquehanna maintained the shares of APC in report on Thursday, February 8 with “Buy” rating. The firm has “Hold” rating given on Monday, November 6 by BMO Capital Markets. The company was upgraded on Thursday, February 8 by Macquarie Research. The rating was upgraded by Seaport Global on Tuesday, December 19 to “Buy”. The rating was maintained by Piper Jaffray on Wednesday, March 14 with “Buy”. The firm has “Underweight” rating given on Monday, November 20 by Barclays Capital. The stock of Anadarko Petroleum Corporation (NYSE:APC) has “Buy” rating given on Thursday, January 18 by Cowen & Co. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, February 7 report. Credit Suisse maintained Anadarko Petroleum Corporation (NYSE:APC) rating on Tuesday, January 23. Credit Suisse has “Buy” rating and $71.0 target.

Anadarko Petroleum Corporation (NYSE:APC) Institutional Positions Chart

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