Cider Mill Investments LP acquired a new position in shares of Andeavor (NYSE:ANDV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 69,700 shares of the oil and gas company’s stock, valued at approximately $7,969,000. Andeavor comprises approximately 3.2% of Cider Mill Investments LP’s holdings, making the stock its 15th largest holding.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Commerzbank Aktiengesellschaft FI increased 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 in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of 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 purchasing an additional 483 shares in the last quarter. Sigma Planning Corp increased its stake in shares of Andeavor by 32.6% in the fourth quarter. Sigma Planning Corp now owns 2,735 shares of the oil and gas company’s stock worth $313,000 after purchasing an additional 673 shares in the last quarter. Capital Innovations LLC increased its stake in shares of Andeavor by 9.1% in the fourth quarter. Capital Innovations LLC now owns 8,250 shares of the oil and gas company’s stock worth $943,000 after purchasing an additional 685 shares in the last quarter. Finally, Norinchukin Bank The increased its stake in shares of Andeavor by 6.8% in the fourth quarter. Norinchukin Bank The now owns 11,474 shares of the oil and gas company’s stock worth $1,312,000 after purchasing an additional 730 shares in the last quarter. Institutional investors and hedge funds own 79.59% of the company’s stock.
In other Andeavor news, Director Jeff A. Stevens sold 25,000 shares of Andeavor 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 completion of the sale, the director now directly owns 1,529,174 shares in the company, valued at $170,105,315.76. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Paul L. Foster sold 51,510 shares of Andeavor stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $110.54, for a total transaction of $5,693,915.40. Following the sale, the director now owns 1,436,847 shares of the company’s stock, valued at $158,829,067.38. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 254,100 shares of company stock valued at $29,338,288. 0.86% of the stock is currently owned by company insiders.
Andeavor (NYSE ANDV) opened at $99.99 on Tuesday. The company has a market cap of $15,708.58, a P/E ratio of 18.41, a P/E/G ratio of 1.02 and a beta of 1.51. Andeavor has a 12 month low of $75.11 and a 12 month high of $121.71. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.65 and a current ratio of 1.38.
Andeavor (NYSE:ANDV) last issued its quarterly earnings data on Thursday, February 15th. The oil and gas company reported $0.37 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.81). The firm had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.79 billion. Andeavor had a net margin of 4.37% and a return on equity of 6.86%. equities analysts forecast that Andeavor will post 9.98 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be paid a dividend of $0.59 per share. The ex-dividend date is Tuesday, February 27th. This represents a $2.36 annualized dividend and a yield of 2.36%. Andeavor’s dividend payout ratio is currently 23.89%.
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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