Andeavor (NYSE:ANDV) Director Paul L. Foster sold 5,478 shares of Andeavor stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $116.27, for a total value of $636,927.06. Following the completion of the sale, the director now directly owns 1,422,847 shares in the company, valued at $165,434,420.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Andeavor (NYSE ANDV) traded down $3.26 during midday trading on Friday, hitting $103.53. The company had a trading volume of 2,050,000 shares, compared to its average volume of 1,430,000. The company has a quick ratio of 0.62, a current ratio of 1.47 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $16,150.00, a price-to-earnings ratio of 21.22, a price-to-earnings-growth ratio of 0.99 and a beta of 1.39. Andeavor has a 12-month low of $75.11 and a 12-month high of $121.71.
Andeavor (NYSE:ANDV) last announced its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.03 by ($0.33). The firm had revenue of $9.84 billion during the quarter, compared to analysts’ expectations of $9.94 billion. Andeavor had a net margin of 2.35% and a return on equity of 7.15%. The company’s revenue for the quarter was up 50.3% compared to the same quarter last year. equities research analysts anticipate that Andeavor will post 6.6 earnings per share for the current year.
Several brokerages have recently issued reports on ANDV. Evercore ISI raised Andeavor to a “buy” rating and set a $128.00 target price on the stock in a report on Thursday, November 2nd. Barclays reissued a “buy” rating and set a $162.00 price objective on shares of Andeavor in a research note on Wednesday, January 10th. Zacks Investment Research cut Andeavor from a “buy” rating to a “hold” rating in a research note on Thursday, October 19th. ValuEngine cut Andeavor from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. Finally, Wells Fargo & Co boosted their price objective on Andeavor to $141.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 6th. Seven equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $123.74.
A number of large investors have recently modified their holdings of the stock. Commerzbank Aktiengesellschaft FI raised its stake in Andeavor by 0.7% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 64,661 shares of the oil and gas company’s stock worth $7,393,000 after buying an additional 445 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Andeavor by 0.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 71,194 shares of the oil and gas company’s stock worth $8,140,000 after buying an additional 483 shares in the last quarter. Eqis Capital Management Inc. raised its stake in Andeavor by 11.7% in the fourth quarter. Eqis Capital Management Inc. now owns 7,965 shares of the oil and gas company’s stock worth $911,000 after buying an additional 832 shares in the last quarter. Raymond James Trust N.A. raised its stake in Andeavor by 36.5% in the fourth quarter. Raymond James Trust N.A. now owns 3,473 shares of the oil and gas company’s stock worth $397,000 after buying an additional 929 shares in the last quarter. Finally, Daiwa SB Investments Ltd. bought a new position in Andeavor in the fourth quarter worth approximately $106,000. 78.92% of the stock is owned by institutional investors.
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Andeavor Company Profile
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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