Andeavor (NYSE:ANDV) Director Jeff A. Stevens sold 48,225 shares of the business’s stock in a transaction dated Wednesday, April 25th. The shares were sold at an average price of $119.89, for a total transaction of $5,781,695.25. Following the completion of the transaction, the director now owns 1,234,981 shares in the company, valued at $148,061,872.09. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
ANDV traded up $5.06 during trading hours on Thursday, hitting $125.15. 2,525,362 shares of the company’s stock were exchanged, compared to its average volume of 1,762,899. Andeavor has a 12-month low of $78.25 and a 12-month high of $126.11. The company has a market cap of $18,285.67, a P/E ratio of 19.34, a PEG ratio of 1.31 and a beta of 1.39. The company has a quick ratio of 0.65, a current ratio of 1.38 and a debt-to-equity ratio of 0.57.
Andeavor (NYSE:ANDV) last announced its earnings results on Thursday, February 15th. The oil and gas company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.81). Andeavor had a return on equity of 6.86% and a net margin of 4.37%. The business had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.79 billion. research analysts forecast that Andeavor will post 9.11 earnings per share for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Daiwa SB Investments Ltd. purchased a new stake in Andeavor during the 4th quarter worth approximately $106,000. Cerebellum GP LLC acquired a new position in Andeavor during the 4th quarter worth approximately $127,000. BB&T Investment Services Inc. acquired a new position in Andeavor during the 4th quarter worth approximately $126,000. Tower Research Capital LLC TRC grew its holdings in Andeavor by 1,082.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,656 shares of the oil and gas company’s stock worth $189,000 after acquiring an additional 1,516 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new position in Andeavor during the 4th quarter worth approximately $201,000. 79.39% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a research note on Friday, February 23rd. Piper Jaffray reissued a “buy” rating and issued a $138.00 price target on shares of Andeavor in a research note on Friday, February 23rd. Citigroup raised shares of Andeavor from a “neutral” rating to a “buy” rating and set a $132.00 price target on the stock in a research note on Wednesday, February 14th. Credit Suisse Group reissued an “outperform” rating and issued a $148.00 price target on shares of Andeavor in a research note on Wednesday, March 7th. Finally, ValuEngine raised shares of Andeavor from a “hold” rating to a “buy” rating in a research note on Friday, March 2nd. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $126.94.
Andeavor Company 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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