Zeke Capital Advisors LLC grew its holdings in Andeavor (NYSE:ANDV) by 145.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 7,291 shares of the oil and gas company’s stock after acquiring an additional 4,321 shares during the quarter. Zeke Capital Advisors LLC’s holdings in Andeavor were worth $834,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in ANDV. Daiwa SB Investments Ltd. purchased a new position in Andeavor during the 4th quarter worth approximately $106,000. Sun Life Financial INC purchased a new position in Andeavor during the 3rd quarter worth approximately $110,000. Cerebellum GP LLC purchased a new position in Andeavor during the 4th quarter worth approximately $127,000. Bronfman E.L. Rothschild L.P. purchased a new position in Andeavor during the 3rd quarter worth approximately $155,000. Finally, Robecosam AG purchased a new position in Andeavor during the 3rd quarter worth approximately $166,000. Institutional investors and hedge funds own 79.59% of the company’s stock.
Shares of Andeavor (NYSE ANDV) opened at $99.20 on Friday. Andeavor has a 1 year low of $75.11 and a 1 year high of $121.71. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.65 and a current ratio of 1.38. The firm has a market capitalization of $14,952.06, a P/E ratio of 10.04, a price-to-earnings-growth ratio of 0.98 and a beta of 1.51.
Andeavor (NYSE:ANDV) last posted its quarterly earnings data on Thursday, February 15th. The oil and gas company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.81). Andeavor had a return on equity of 6.86% and a net margin of 4.37%. The company had revenue of $10.65 billion for the quarter, compared to analyst estimates of $10.79 billion. equities analysts predict that Andeavor will post 9.93 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $2.36 annualized dividend and a dividend yield of 2.38%. Andeavor’s dividend payout ratio is currently 23.89%.
A number of research analysts recently issued reports on ANDV shares. Piper Jaffray Companies restated a “buy” rating and set a $121.00 price target on shares of Andeavor in a research note on Friday, November 17th. Jefferies Group dropped their price target on Andeavor from $109.00 to $108.00 and set a “hold” rating on the stock in a research note on Monday, November 20th. ValuEngine downgraded Andeavor from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. Wells Fargo raised their price target on Andeavor to $141.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 6th. Finally, Credit Suisse Group started coverage on Andeavor in a research note on Wednesday, January 3rd. They set an “outperform” rating and a $142.00 price target on the stock. Six investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $127.83.
In other news, Director Jeff A. Stevens sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $111.24, for a total value of $2,781,000.00. Following the completion of the sale, the director now directly owns 1,529,174 shares of the company’s stock, valued at approximately $170,105,315.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul L. Foster sold 51,510 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $110.54, for a total value of $5,693,915.40. Following the completion of the sale, the director now directly owns 1,436,847 shares of the company’s stock, valued at $158,829,067.38. The disclosure for this sale can be found here. Insiders sold a total of 254,100 shares of company stock valued at $29,338,288 over the last three months. Insiders own 0.86% of the company’s stock.
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Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.
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