Andeavor (ANDV) Director Sells $6,255,456.00 in Stock

Andeavor (NYSE:ANDV) Director Paul L. Foster sold 54,400 shares of Andeavor stock in a transaction on Friday, January 26th. The stock was sold at an average price of $114.99, for a total value of $6,255,456.00. Following the sale, the director now owns 1,413,468 shares of the company’s stock, valued at $162,534,685.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Andeavor (NYSE ANDV) traded down $3.35 during mid-day trading on Monday, hitting $110.76. The company had a trading volume of 1,967,007 shares, compared to its average volume of 1,347,542. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.47 and a quick ratio of 0.62. The company has a market capitalization of $17,330.00, a P/E ratio of 22.70, a P/E/G ratio of 1.09 and a beta of 1.55. Andeavor has a 12-month low of $75.11 and a 12-month high of $121.71.

Andeavor (NYSE:ANDV) last released its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported $2.70 earnings per share for the quarter, missing the consensus estimate of $3.03 by ($0.33). The firm had revenue of $9.84 billion during the quarter, compared to the consensus estimate of $9.94 billion. Andeavor had a net margin of 2.35% and a return on equity of 7.15%. The business’s quarterly revenue was up 50.3% compared to the same quarter last year. analysts predict that Andeavor will post 6.6 EPS for the current year.

Several research firms have recently weighed in on ANDV. Citigroup reiterated a “neutral” rating on shares of Andeavor in a research report on Monday, January 22nd. BidaskClub downgraded Andeavor from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Piper Jaffray Companies reiterated a “buy” rating and set a $153.00 target price on shares of Andeavor in a research report on Monday, January 22nd. ValuEngine downgraded Andeavor from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. Finally, Zacks Investment Research upgraded Andeavor from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a research report on Monday, January 22nd. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $123.74.

Several hedge funds have recently added to or reduced their stakes in the stock. Boston Partners bought a new stake in shares of Andeavor in the third quarter valued at about $773,141,000. Bank of New York Mellon Corp bought a new stake in shares of Andeavor in the third quarter valued at about $403,103,000. Dimensional Fund Advisors LP bought a new position in Andeavor in the third quarter worth about $333,346,000. Hotchkis & Wiley Capital Management LLC bought a new position in Andeavor in the third quarter worth about $214,005,000. Finally, Prudential Financial Inc. bought a new position in Andeavor in the third quarter worth about $150,513,000. Hedge funds and other institutional investors own 78.92% of the company’s stock.

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About Andeavor

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.

Insider Buying and Selling by Quarter for Andeavor (NYSE:ANDV)

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