AT Bancorp Invests $341,000 in Andeavor (NYSE:ANDV) Stock

AT Bancorp purchased a new stake in shares of Andeavor (NYSE:ANDV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,979 shares of the oil and gas company’s stock, valued at approximately $341,000.

Other large investors also recently made changes to their positions in the company. Commerzbank Aktiengesellschaft FI grew its stake in shares of 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 purchasing an additional 445 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Andeavor by 0.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 71,194 shares of the oil and gas company’s stock valued at $8,140,000 after acquiring an additional 483 shares in the last quarter. Eqis Capital Management Inc. boosted its position in Andeavor by 11.7% during the 4th quarter. Eqis Capital Management Inc. now owns 7,965 shares of the oil and gas company’s stock valued at $911,000 after acquiring an additional 832 shares in the last quarter. Raymond James Trust N.A. boosted its position in Andeavor by 36.5% during the 4th quarter. Raymond James Trust N.A. now owns 3,473 shares of the oil and gas company’s stock valued at $397,000 after acquiring an additional 929 shares in the last quarter. Finally, Daiwa SB Investments Ltd. purchased a new position in shares of Andeavor during the fourth quarter valued at approximately $106,000. 79.93% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently issued reports on the stock. Citigroup upgraded shares of Andeavor from a “neutral” rating to a “buy” rating and set a $132.00 target price for the company in a report on Wednesday. BidaskClub lowered shares of Andeavor from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. ValuEngine lowered shares of Andeavor from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. Jefferies Group decreased their price objective on shares of Andeavor from $109.00 to $108.00 and set a “hold” rating for the company in a report on Monday, November 20th. Finally, Wells Fargo & Co reaffirmed an “outperform” rating and issued a $127.00 target price (up previously from $106.00) on shares of Andeavor in a research report on Tuesday, October 17th. Six analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Andeavor presently has a consensus rating of “Buy” and an average price target of $126.22.

In other Andeavor news, Director Paul L. Foster sold 54,400 shares of the company’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $114.99, for a total value of $6,255,456.00. Following the transaction, the director now directly owns 1,413,468 shares in the company, valued at approximately $162,534,685.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeff A. Stevens sold 25,000 shares of the stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $111.24, for a total transaction of $2,781,000.00. Following the transaction, the director now owns 1,529,174 shares in the company, valued at $170,105,315.76. The disclosure for this sale can be found here. Insiders sold a total of 298,088 shares of company stock worth $34,122,422 over the last three months. 0.86% of the stock is currently owned by corporate insiders.

Andeavor (NYSE ANDV) traded up $0.70 during trading on Wednesday, reaching $98.47. 160,419 shares of the company were exchanged, compared to its average volume of 1,542,738. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.47 and a quick ratio of 0.62. Andeavor has a 12 month low of $75.11 and a 12 month high of $121.71. The stock has a market cap of $15,230.02, a price-to-earnings ratio of 19.79, a P/E/G ratio of 0.94 and a beta of 1.39.

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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.

Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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