Andeavor (ANDV) Shares Bought by Zeke Capital Advisors LLC

Zeke Capital Advisors LLC boosted its position in Andeavor (NYSE:ANDV) by 145.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,291 shares of the oil and gas company’s stock after purchasing an additional 4,321 shares during the period. Zeke Capital Advisors LLC’s holdings in Andeavor were worth $834,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANDV. Daiwa SB Investments Ltd. purchased a new position in Andeavor in the 4th quarter valued at approximately $106,000. Sun Life Financial INC purchased a new position in Andeavor in the 3rd quarter valued at approximately $110,000. Cerebellum GP LLC purchased a new position in Andeavor in the 4th quarter valued at approximately $127,000. Bronfman E.L. Rothschild L.P. purchased a new position in Andeavor in the 3rd quarter valued at approximately $155,000. Finally, Robecosam AG purchased a new position in Andeavor in the 3rd quarter valued at approximately $166,000. 79.59% of the stock is owned by hedge funds and other institutional investors.

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In other news, VP Blane W. Peery sold 1,012 shares of Andeavor stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $89.64, for a total value of $90,715.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Michael James Morrison acquired 1,700 shares of the stock in a transaction dated Thursday, February 22nd. The stock was acquired at an average cost of $93.83 per share, with a total value of $159,511.00. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 254,100 shares of company stock valued at $29,338,288. Company insiders own 0.86% of the company’s stock.

Several research firms recently weighed in on ANDV. Citigroup reaffirmed a “neutral” rating on shares of Andeavor in a research note on Monday, January 22nd. Zacks Investment Research raised Andeavor from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a research report on Monday, January 22nd. Piper Jaffray Companies reissued a “buy” rating and set a $153.00 price target on shares of Andeavor in a research report on Monday, January 22nd. Barclays reissued a “buy” rating and set a $162.00 price target on shares of Andeavor in a research report on Wednesday, January 10th. Finally, Credit Suisse Group assumed coverage on Andeavor in a research report on Wednesday, January 3rd. They set an “outperform” rating and a $142.00 price target for the company. Six equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $127.83.

Shares of Andeavor (NYSE ANDV) opened at $99.20 on Friday. The company has a market capitalization of $14,952.06, a price-to-earnings ratio of 10.04, a PEG ratio of 0.98 and a beta of 1.51. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.38 and a quick ratio of 0.65. Andeavor has a 1 year low of $75.11 and a 1 year high of $121.71.

Andeavor (NYSE:ANDV) last announced its quarterly earnings data on Thursday, February 15th. The oil and gas company reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $1.18 by ($0.81). The business had revenue of $10.65 billion during 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%. analysts expect that Andeavor will post 9.93 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend was Tuesday, February 27th. Andeavor’s dividend payout ratio is currently 23.89%.

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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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Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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