Andeavor (ANDV) Director Paul L. Foster Sells 51,510 Shares

Andeavor (NYSE:ANDV) Director Paul L. Foster sold 51,510 shares of the stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $110.54, for a total value of $5,693,915.40. Following the transaction, the director now owns 1,436,847 shares in the company, valued at approximately $158,829,067.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Andeavor (NYSE ANDV) traded up $1.16 during mid-day trading on Friday, reaching $112.18. The company had a trading volume of 730,221 shares, compared to its average volume of 1,562,803. The company has a market capitalization of $17,318.82, a PE ratio of 22.75, a P/E/G ratio of 0.85 and a beta of 1.55. Andeavor has a 52-week low of $75.11 and a 52-week high of $112.83. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.62 and a current ratio of 1.47.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Thursday, November 30th were given a $0.59 dividend. The ex-dividend date was Wednesday, November 29th. This represents a $2.36 annualized dividend and a yield of 2.10%. Andeavor’s dividend payout ratio (DPR) is currently 47.87%.

ANDV has been the topic of several analyst reports. Zacks Investment Research upgraded Andeavor from a “hold” rating to a “buy” rating and set a $119.00 price target on the stock in a report on Tuesday, October 10th. Piper Jaffray Companies reiterated a “buy” rating and set a $121.00 price target on shares of Andeavor in a report on Friday, November 17th. BidaskClub upgraded Andeavor from a “hold” rating to a “buy” rating in a report on Saturday, October 7th. Royal Bank of Canada reiterated a “hold” rating and set a $101.00 price target on shares of Andeavor in a report on Friday, October 13th. Finally, Barclays increased their price objective on Andeavor from $121.00 to $147.00 and gave the company an “overweight” rating in a research report on Tuesday, November 14th. Eight investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $118.68.

Hedge funds have recently modified their holdings of the stock. Boston Partners bought a new position in shares of Andeavor during the third quarter valued at $773,141,000. Bank of New York Mellon Corp bought a new position in shares of Andeavor during the third quarter valued at $403,103,000. Dimensional Fund Advisors LP bought a new position in shares of Andeavor during the third quarter valued at $333,346,000. Hotchkis & Wiley Capital Management LLC bought a new position in shares of Andeavor during the third quarter valued at $214,005,000. Finally, Prudential Financial Inc. bought a new position in shares of Andeavor during the third quarter valued at $150,513,000. 78.85% of the stock is owned by hedge funds and other institutional investors.

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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.

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