Massmutual Trust Co. FSB ADV Has $495,000 Holdings in Andeavor (NYSE:ANDV)

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Massmutual Trust Co. FSB ADV trimmed its stake in Andeavor (NYSE:ANDV) by 12.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,771 shares of the oil and gas company’s stock after selling 514 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Andeavor were worth $495,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its stake in shares of Andeavor by 0.3% in the 2nd quarter. Victory Capital Management Inc. now owns 124,961 shares of the oil and gas company’s stock worth $16,392,000 after acquiring an additional 389 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Andeavor by 1.1% in the second 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 purchasing an additional 412 shares during the period. Rampart Investment Management Company LLC lifted its stake in shares of Andeavor by 3.3% in the second 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 purchasing an additional 427 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Andeavor by 9.7% in the second quarter. Daiwa Securities Group Inc. now owns 5,330 shares of the oil and gas company’s stock valued at $699,000 after purchasing an additional 470 shares during the period. Finally, BB&T Securities LLC lifted its stake in shares of Andeavor by 12.7% in the second quarter. BB&T Securities LLC now owns 4,486 shares of the oil and gas company’s stock valued at $588,000 after purchasing an additional 504 shares during the period. 77.65% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE ANDV remained flat at $$153.50 during trading on Friday. The stock has a market cap of $23.20 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 1.72 and a beta of 1.19. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.42 and a quick ratio of 0.69. Andeavor has a fifty-two week low of $89.58 and a fifty-two week high of $163.19.

Andeavor (NYSE:ANDV) last posted its quarterly earnings results on Monday, August 6th. The oil and gas company reported $3.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $0.58. The firm had revenue of $12.47 billion for the quarter, compared to analysts’ expectations of $12.36 billion. Andeavor had a net margin of 4.91% and a return on equity of 8.52%. On average, equities research analysts expect that Andeavor will post 8.91 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 14th. Shareholders of record on Friday, August 31st were paid a dividend of $0.59 per share. The ex-dividend date was Thursday, August 30th. This represents a $2.36 annualized dividend and a yield of 1.54%. Andeavor’s payout ratio is 36.48%.

In other Andeavor news, Director Paul L. Foster sold 58,800 shares of the company’s stock in a transaction dated Thursday, July 26th. The shares were sold at an average price of $144.09, for a total value of $8,472,492.00. Following the completion of the sale, the director now directly owns 1,293,972 shares of the company’s stock, valued at approximately $186,448,425.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul L. Foster sold 52,800 shares of the company’s stock in a transaction dated 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 $195,524,094.48. The disclosure for this sale can be found here. In the last quarter, insiders have sold 201,341 shares of company stock valued at $30,181,974. 7.00% of the stock is owned by insiders.

Several equities analysts have weighed in on ANDV shares. Citigroup lifted their price target on shares of Andeavor from $148.00 to $155.00 and gave the stock a “hold” rating in a report on Friday, September 7th. Royal Bank of Canada lifted their price target on shares of Andeavor to $151.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 14th. They noted that the move was a valuation call. Mizuho began coverage on shares of Andeavor in a report on Thursday, August 2nd. They issued a “neutral” rating and a $158.00 target price for the company. ValuEngine upgraded shares of Andeavor from a “hold” rating to a “buy” rating in a report on Thursday, July 12th. Finally, US Capital Advisors downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a report on Friday, June 29th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $144.31.

Andeavor Company Profile

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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