1 week Ago By ABMN Staff
O Shaughnessy Asset Management LLC reduced its position in shares of APA Co. ( NASDAQ:APA – Free Report ) by 36.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 14,401 shares of the company’s stock after selling 8,163 shares during the period. O Shaughnessy Asset Management LLC’s holdings in APA were worth $333,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in APA.
Janney Montgomery Scott LLC boosted its position in shares of APA by 22.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 65,071 shares of the company’s stock valued at $1,503,000 after acquiring an additional 12,077 shares during the period.
US Bancorp DE grew its position in shares of APA by 2.2% during the 4th quarter. US Bancorp DE now owns 47,719 shares of the company’s stock worth $1,102,000 after purchasing an additional 1,010 shares in the last quarter.
Baader Bank Aktiengesellschaft increased its holdings in shares of APA by 175.8% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 23,500 shares of the company’s stock worth $543,000 after purchasing an additional 14,980 shares during the period.
PVG Asset Management Corp acquired a new stake in shares of APA in the third quarter valued at approximately $757,000. Finally, Country Club Bank boosted its stake in shares of APA by 148.8% in the fourth quarter.
Country Club Bank now owns 181,420 shares of the company’s stock valued at $4,067,000 after buying an additional 108,492 shares during the period. 83.01% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several brokerages have weighed in on APA. JPMorgan Chase & Co. dropped their price objective on APA from $23.
00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Royal Bank of Canada dropped their price target on APA from $27.
00 to $24.00 and set a “sector perform” rating for the company in a research note on Friday. Citigroup reduced their price objective on shares of APA from $24.
00 to $20.00 and set a “neutral” rating on the stock in a research note on Monday, March 17th. Scotiabank dropped their target price on shares of APA from $26.
00 to $14.00 and set a “sector perform” rating for the company in a research report on Friday. Finally, Susquehanna reduced their price target on shares of APA from $33.
00 to $31.00 and set a “positive” rating on the stock in a research report on Monday, March 3rd. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock.
Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $26.58. APA Trading Up 3.
0 % Shares of NASDAQ APA opened at $15.04 on Friday. The stock has a market cap of $5.
48 billion, a P/E ratio of 2.12 and a beta of 2.74.
The firm has a 50 day moving average price of $20.09 and a two-hundred day moving average price of $22.27.
The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.24 and a current ratio of 1.
24. APA Co. has a 52-week low of $13.
58 and a 52-week high of $35.25. APA ( NASDAQ:APA – Get Free Report ) last posted its quarterly earnings data on Wednesday, February 26th.
The company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.
18). APA had a net margin of 24.36% and a return on equity of 27.
86%. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.
31 billion. As a group, equities analysts forecast that APA Co. will post 4.
03 EPS for the current year. APA Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Tuesday, April 22nd will be paid a $0.
25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.
65%. The ex-dividend date is Tuesday, April 22nd. APA’s dividend payout ratio is currently 44.
25%. About APA ( 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. Featured Articles Receive News & Ratings for APA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for APA and related companies with MarketBeat.com's FREE daily email newsletter .
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