Andeavor (NYSE:ANDV) Director Paul L. Foster sold 52,800 shares of the firm’s stock in a transaction dated Thursday, September 13th. The stock was sold at an average price of $155.74, for a total transaction of $8,223,072.00. Following the completion of the transaction, the director now directly owns 1,255,452 shares in the company, valued at approximately $195,524,094.48. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
NYSE ANDV remained flat at $$153.50 during trading on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.42 and a quick ratio of 0.69. The firm has a market cap of $23.20 billion, a price-to-earnings ratio of 23.72, a price-to-earnings-growth ratio of 1.72 and a beta of 1.19. Andeavor has a 1 year low of $89.58 and a 1 year high of $163.19.
Andeavor (NYSE:ANDV) last posted its earnings results on Monday, August 6th. The oil and gas company reported $3.54 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $0.58. Andeavor had a net margin of 4.91% and a return on equity of 8.52%. The business had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.36 billion. Analysts predict that Andeavor will post 8.91 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 14th. Stockholders of record on Friday, August 31st were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend was Thursday, August 30th. Andeavor’s dividend payout ratio is currently 36.48%.
Several large investors have recently added to or reduced their stakes in ANDV. Ostrum Asset Management bought a new stake in shares of Andeavor in the 1st quarter valued at about $123,000. CIBC Private Wealth Group LLC boosted its holdings in shares of Andeavor by 114.5% in the 2nd quarter. CIBC Private Wealth Group LLC now owns 1,255 shares of the oil and gas company’s stock valued at $165,000 after buying an additional 670 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of Andeavor by 719.9% in the 2nd quarter. Parallel Advisors LLC now owns 1,320 shares of the oil and gas company’s stock valued at $173,000 after buying an additional 1,159 shares in the last quarter. Ropes Wealth Advisors LLC boosted its holdings in shares of Andeavor by 118.7% in the 2nd quarter. Ropes Wealth Advisors LLC now owns 1,428 shares of the oil and gas company’s stock valued at $187,000 after buying an additional 775 shares in the last quarter. Finally, Signaturefd LLC bought a new stake in shares of Andeavor in the 1st quarter valued at about $209,000. Institutional investors and hedge funds own 77.65% of the company’s stock.
Several research analysts recently commented on the stock. US Capital Advisors downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a research note on Friday, June 29th. Mizuho assumed coverage on shares of Andeavor in a research note on Thursday, August 2nd. They issued a “neutral” rating and a $158.00 price target on the stock. ValuEngine raised shares of Andeavor from a “hold” rating to a “buy” rating in a research note on Thursday, July 12th. Citigroup raised their target price on shares of Andeavor from $148.00 to $155.00 and gave the company a “hold” rating in a research report on Friday, September 7th. Finally, Royal Bank of Canada raised their target price on shares of Andeavor to $151.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 14th. They noted that the move was a valuation call. Ten investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $144.31.
Andeavor Company Profile
Andeavor, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. The company operates in three segments: Marketing, Logistics, and Refining. The Marketing segment sells gasoline and diesel fuel through retail, branded, and unbranded channels.
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