3 days Ago By ABMN Staff
CIBC Private Wealth Group LLC lowered its position in shares of APA Co. ( NASDAQ:APA – Free Report ) by 13.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 9,479 shares of the company’s stock after selling 1,417 shares during the period. CIBC Private Wealth Group LLC’s holdings in APA were worth $224,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also bought and sold shares of the company.
Charles Schwab Investment Management Inc. raised its holdings in shares of APA by 7.5% in the 4th quarter.
Charles Schwab Investment Management Inc. now owns 12,886,087 shares of the company’s stock valued at $297,540,000 after acquiring an additional 894,574 shares in the last quarter. Geode Capital Management LLC increased its position in shares of APA by 2.
5% in the third quarter. Geode Capital Management LLC now owns 9,307,186 shares of the company’s stock worth $226,928,000 after purchasing an additional 224,547 shares during the last quarter. Bank of New York Mellon Corp raised its stake in APA by 29.
4% in the fourth quarter. Bank of New York Mellon Corp now owns 4,092,666 shares of the company’s stock valued at $94,500,000 after purchasing an additional 929,770 shares in the last quarter. Kornitzer Capital Management Inc.
KS lifted its position in APA by 6.1% during the fourth quarter. Kornitzer Capital Management Inc.
KS now owns 1,532,360 shares of the company’s stock valued at $35,382,000 after purchasing an additional 88,656 shares during the last quarter. Finally, Victory Capital Management Inc. grew its stake in APA by 12.
2% in the 4th quarter. Victory Capital Management Inc. now owns 1,415,364 shares of the company’s stock worth $32,681,000 after buying an additional 154,040 shares in the last quarter.
Institutional investors own 83.01% of the company’s stock. APA Stock Down 14.
4 % NASDAQ APA opened at $15.18 on Monday. APA Co.
has a 1 year low of $14.38 and a 1 year high of $36.05.
The stock has a market capitalization of $5.53 billion, a PE ratio of 2.14 and a beta of 2.
73. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.
24 and a quick ratio of 1.24. The business’s 50-day moving average is $21.
14 and its 200 day moving average is $22.72. APA Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd.
Shareholders of record on Tuesday, April 22nd will be given a dividend of $0.25 per share. This represents a $1.
00 dividend on an annualized basis and a yield of 6.59%. The ex-dividend date is Tuesday, April 22nd.
APA’s payout ratio is currently 44.25%. Analyst Ratings Changes APA has been the topic of several research reports.
Citigroup lowered their price objective on shares of APA from $24.00 to $20.00 and set a “neutral” rating on the stock in a research report on Monday, March 17th.
Barclays dropped their price target on APA from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 18th.
Susquehanna reduced their price objective on APA from $33.00 to $31.00 and set a “positive” rating on the stock in a research report on Monday, March 3rd.
Raymond James downgraded APA from a “strong-buy” rating to an “outperform” rating and dropped their target price for the stock from $45.00 to $32.00 in a research report on Monday, March 10th.
Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $32.00 price target on shares of APA in a research report on Thursday, January 23rd. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock.
According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $27.68.
Read Our Latest Analysis on APA APA Company Profile ( Free Report ) APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally.
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