Andeavor (ANDV) Holdings Reduced by Aviva PLC

Aviva PLC reduced its position in Andeavor (NYSE:ANDV) by 4.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 68,280 shares of the oil and gas company’s stock after selling 3,030 shares during the period. Aviva PLC’s holdings in Andeavor were worth $10,481,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund grew its stake in shares of Andeavor by 0.6% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 70,564 shares of the oil and gas company’s stock valued at $10,832,000 after buying an additional 388 shares during the period. Victory Capital Management Inc. grew its stake in shares of Andeavor by 0.3% during the 2nd quarter. Victory Capital Management Inc. now owns 124,961 shares of the oil and gas company’s stock valued at $16,392,000 after buying an additional 389 shares during the period. Advisory Services Network LLC grew its stake in shares of Andeavor by 137.2% during the 3rd quarter. Advisory Services Network LLC now owns 702 shares of the oil and gas company’s stock valued at $107,000 after buying an additional 406 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of Andeavor by 1.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 37,125 shares of the oil and gas company’s stock valued at $4,870,000 after buying an additional 412 shares during the period. Finally, Rampart Investment Management Company LLC grew its stake in shares of Andeavor by 3.3% during the 2nd quarter. Rampart Investment Management Company LLC now owns 13,414 shares of the oil and gas company’s stock valued at $1,760,000 after buying an additional 427 shares during the period. 77.65% of the stock is owned by hedge funds and other institutional investors.

Shares of Andeavor stock opened at $153.50 on Monday. Andeavor has a twelve month low of $89.58 and a twelve month high of $163.19.

In related news, Director Paul L. Foster sold 52,800 shares of the company’s stock in a transaction on Thursday, September 13th. The shares were sold at an average price of $155.74, for a total transaction of $8,223,072.00. Following the completion of the sale, the director now directly owns 1,255,452 shares of the company’s stock, valued at approximately $195,524,094.48. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 7.00% of the stock is currently owned by corporate insiders.

Several analysts have recently issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of Andeavor to $151.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 14th. They noted that the move was a valuation call. Citigroup boosted their price objective on shares of Andeavor from $148.00 to $155.00 and gave the company a “hold” rating in a research note on Friday, September 7th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Andeavor presently has a consensus rating of “Hold” and a consensus price target of $147.73.

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About Andeavor

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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Institutional Ownership by Quarter for Andeavor (NYSE:ANDV)

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