Andeavor (NYSE:ANDV) has been given an average recommendation of “Buy” by the twenty-three research firms that are currently covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $125.41.
A number of equities analysts have commented on ANDV shares. Howard Weil cut Andeavor from a “sector outperform” rating to a “sector perform” rating and set a $112.00 target price for the company. in a report on Thursday, September 28th. Cowen reaffirmed a “buy” rating and issued a $120.00 price target on shares of Andeavor in a report on Thursday, September 28th. BidaskClub cut Andeavor from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. Scotiabank cut Andeavor from an “outperform” rating to a “sector perform” rating and increased their price target for the company from $103.00 to $112.00 in a report on Saturday, September 30th. Finally, Barclays reaffirmed an “overweight” rating and issued a $121.00 price target (up previously from $118.00) on shares of Andeavor in a report on Tuesday, October 10th.
Shares of Andeavor (NYSE:ANDV) traded down $0.63 during trading on Friday, hitting $118.62. The company’s stock had a trading volume of 919,939 shares, compared to its average volume of 1,380,000. Andeavor has a fifty-two week low of $75.11 and a fifty-two week high of $121.71. The firm has a market capitalization of $18,500.00, a PE ratio of 24.31, a P/E/G ratio of 0.64 and a beta of 1.55. The company has a quick ratio of 0.62, a current ratio of 1.47 and a debt-to-equity ratio of 0.61.
In related news, Director Michael E. Wiley sold 700 shares of the stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $106.24, for a total value of $74,368.00. Following the completion of the transaction, the director now directly owns 41,850 shares in the company, valued at $4,446,144. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul L. Foster sold 45,000 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $108.33, for a total value of $4,874,850.00. Following the completion of the transaction, the director now owns 1,447,567 shares of the company’s stock, valued at $156,814,933.11. The disclosure for this sale can be found here. Insiders sold 220,888 shares of company stock valued at $25,052,384 over the last quarter. 0.86% of the stock is currently owned by company insiders.
A number of institutional investors have recently modified their holdings of the stock. Boston Partners purchased a new position in Andeavor in the third quarter worth approximately $773,141,000. Bank of New York Mellon Corp purchased a new position in Andeavor in the third quarter worth approximately $403,103,000. Dimensional Fund Advisors LP purchased a new position in Andeavor in the third quarter worth approximately $333,346,000. Hotchkis & Wiley Capital Management LLC purchased a new position in Andeavor in the third quarter worth approximately $214,005,000. Finally, Prudential Financial Inc. purchased a new position in Andeavor in the third quarter worth approximately $150,513,000. Institutional investors own 78.92% of the company’s stock.
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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