Smith Graham & Co. Investment Advisors LP boosted its holdings in Andeavor (NYSE:ANDV) by 21.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,900 shares of the oil and gas company’s stock after acquiring an additional 11,570 shares during the quarter. Smith Graham & Co. Investment Advisors LP’s holdings in Andeavor were worth $7,535,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of ANDV. Boston Partners acquired a new position in shares of Andeavor during the 3rd quarter valued at $773,141,000. Bank of New York Mellon Corp acquired a new position in shares of Andeavor during the 3rd quarter valued at $403,103,000. Dimensional Fund Advisors LP acquired a new position in shares of Andeavor during the 3rd quarter valued at $333,346,000. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Andeavor during the 3rd quarter valued at $214,005,000. Finally, Prudential Financial Inc. acquired a new position in shares of Andeavor during the 3rd quarter valued at $150,513,000. Hedge funds and other institutional investors own 79.93% of the company’s stock.
Several equities analysts have recently issued reports on the company. Jefferies Group lowered their price target on Andeavor from $109.00 to $108.00 and set a “hold” rating on the stock in a research report on Monday, November 20th. Zacks Investment Research cut Andeavor from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. Wells Fargo & Co reiterated an “outperform” rating and set a $127.00 price target (up from $106.00) on shares of Andeavor in a research report on Tuesday, October 17th. UBS Group lifted their price target on Andeavor from $116.00 to $123.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, Royal Bank of Canada decreased their target price on Andeavor from $109.00 to $107.00 and set a “sector perform” rating on the stock in a report on Friday, November 10th. Six research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Andeavor presently has a consensus rating of “Buy” and an average target price of $126.22.
Shares of Andeavor (NYSE:ANDV) traded up $0.84 during trading on Wednesday, hitting $98.61. The stock had a trading volume of 1,187,470 shares, compared to its average volume of 1,590,000. The firm has a market capitalization of $15,380.00, a PE ratio of 20.21, a PEG ratio of 0.94 and a beta of 1.39. The company has a current ratio of 1.47, a quick ratio of 0.62 and a debt-to-equity ratio of 0.61. Andeavor has a 1-year low of $75.11 and a 1-year high of $121.71.
In other news, Director Paul L. Foster sold 45,000 shares of the firm’s stock in a transaction 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 sale, the director now owns 1,447,567 shares of the company’s stock, valued at $156,814,933.11. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jeff A. Stevens sold 25,000 shares of the firm’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $111.24, for a total value of $2,781,000.00. Following the completion of the sale, the director now directly owns 1,529,174 shares of the company’s stock, valued at approximately $170,105,315.76. The disclosure for this sale can be found here. In the last ninety days, insiders sold 298,088 shares of company stock valued at $34,122,422. 0.86% of the stock is currently owned by insiders.
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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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