HRT Financial LLC Purchases Shares of 2,747 Andeavor (ANDV)

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HRT Financial LLC purchased a new position in shares of Andeavor (NYSE:ANDV) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,747 shares of the oil and gas company’s stock, valued at approximately $360,000.

Other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its holdings in Andeavor by 18.5% in the first quarter. Wells Fargo & Company MN now owns 697,754 shares of the oil and gas company’s stock valued at $70,165,000 after acquiring an additional 108,811 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Andeavor by 497.6% in the first quarter. Victory Capital Management Inc. now owns 124,572 shares of the oil and gas company’s stock valued at $12,527,000 after acquiring an additional 103,726 shares during the last quarter. Great Lakes Advisors LLC bought a new stake in Andeavor in the first quarter valued at approximately $248,000. Aperio Group LLC boosted its holdings in Andeavor by 1.9% in the first quarter. Aperio Group LLC now owns 71,953 shares of the oil and gas company’s stock valued at $7,236,000 after acquiring an additional 1,331 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its holdings in Andeavor by 18.7% in the first quarter. Neuberger Berman Group LLC now owns 15,467 shares of the oil and gas company’s stock valued at $1,555,000 after acquiring an additional 2,437 shares during the last quarter. Institutional investors own 77.70% of the company’s stock.

Shares of ANDV opened at $156.09 on Friday. Andeavor has a 52-week low of $89.58 and a 52-week high of $157.65. The company has a current ratio of 1.42, a quick ratio of 0.69 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $23.56 billion, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 1.77 and a beta of 1.15.

Andeavor (NYSE:ANDV) last issued its quarterly earnings results on Monday, August 6th. The oil and gas company reported $3.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.96 by $0.58. Andeavor had a return on equity of 8.52% and a net margin of 4.91%. The firm had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.36 billion. equities analysts predict that Andeavor will post 8.79 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 14th. Shareholders of record on Friday, August 31st were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.51%. The ex-dividend date was Thursday, August 30th. Andeavor’s dividend payout ratio (DPR) is presently 36.48%.

In other Andeavor news, VP Stephan E. Tompsett sold 490 shares of the business’s stock in a transaction that occurred on Thursday, August 9th. The stock was sold at an average price of $151.65, for a total value of $74,308.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Paul L. Foster sold 58,800 shares of the business’s stock in a transaction that occurred on Tuesday, June 19th. The shares were sold at an average price of $138.51, for a total value of $8,144,388.00. Following the completion of the transaction, the director now directly owns 1,317,912 shares in the company, valued at $182,543,991.12. The disclosure for this sale can be found here. Over the last three months, insiders sold 318,941 shares of company stock worth $46,162,050. Insiders own 7.00% of the company’s stock.

Several brokerages recently commented on ANDV. ValuEngine cut Andeavor from a “buy” rating to a “hold” rating in a report on Thursday, June 21st. US Capital Advisors cut Andeavor from a “buy” rating to a “hold” rating in a report on Friday, June 29th. Citigroup upped their target price on Andeavor from $148.00 to $155.00 and gave the company a “hold” rating in a report on Friday, September 7th. Mizuho began coverage on Andeavor in a report on Thursday, August 2nd. They issued a “neutral” rating and a $158.00 target price on the stock. Finally, Morgan Stanley upped their target price on Andeavor from $145.00 to $182.00 and gave the company a “hold” rating in a report on Tuesday, May 22nd. Twelve research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Andeavor has an average rating of “Hold” and a consensus target price of $138.75.

Andeavor 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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Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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