Neville Rodie & Shaw Has Lowered Anadarko Petroleum (APC) Position By $336,285; 7 Analysts Are Bullish Independence Contract Drilling, Inc. (ICD) Last Week

April 17, 2018 - By John Hoffman

Independence Contract Drilling, Inc. (NYSE:ICD) Logo

Neville Rodie & Shaw Inc decreased Anadarko Petroleum Corp (APC) stake by 22.25% reported in 2017Q4 SEC filing. Neville Rodie & Shaw Inc sold 6,345 shares as Anadarko Petroleum Corp (APC)’s stock rose 14.87%. The Neville Rodie & Shaw Inc holds 22,175 shares with $1.19 million value, down from 28,520 last quarter. Anadarko Petroleum Corp now has $32.70B valuation. The stock increased 0.68% or $0.43 during the last trading session, reaching $63.46. About 4.36 million shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 1.43% since April 17, 2017 and is uptrending. It has underperformed by 10.12% the S&P500.

Among 8 analysts covering Independence Contract Drilling (NYSE:ICD), 7 have Buy rating, 1 Sell and 0 Hold. Therefore 88% are positive. Independence Contract Drilling has $9 highest and $5.0 lowest target. $6.44’s average target is 52.97% above currents $4.21 stock price. Independence Contract Drilling had 28 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Monday, March 26. The firm has “Buy” rating given on Thursday, December 21 by RBC Capital Markets. RBC Capital Markets maintained it with “Outperform” rating and $6 target in Friday, September 29 report. Morgan Stanley maintained Independence Contract Drilling, Inc. (NYSE:ICD) rating on Tuesday, April 19. Morgan Stanley has “Overweight” rating and $6.50 target. Cowen & Co maintained the stock with “Buy” rating in Thursday, January 11 report. The firm has “Buy” rating by Tudor Pickering given on Tuesday, November 29. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, February 27. The firm has “Buy” rating given on Friday, July 7 by Cowen & Co. The rating was downgraded by Tudor Pickering to “Accumulate” on Wednesday, September 9. The stock has “Buy” rating by RBC Capital Markets on Thursday, July 20. See Independence Contract Drilling, Inc. (NYSE:ICD) latest ratings:

26/03/2018 Broker: FBR Capital Rating: Buy New Target: $7.7500 Maintain
27/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $5.5 Maintain
12/02/2018 Broker: FBR Capital Rating: Buy New Target: $7.75
11/01/2018 Broker: Cowen & Co Rating: Buy New Target: $6.0 Maintain
21/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $5.0 Maintain
23/11/2017 Broker: FBR Capital Rating: Inc. New Target: $8.75 7.75
31/10/2017 Broker: FBR Capital Rating: Buy
18/10/2017 Broker: Cowen & Co Rating: Buy New Target: $5.0 Maintain

Investors sentiment increased to 0.88 in 2017 Q4. Its up 0.04, from 0.84 in 2017Q3. It increased, as 60 investors sold APC shares while 255 reduced holdings. 91 funds opened positions while 187 raised stakes. 454.79 million shares or 2.87% less from 468.24 million shares in 2017Q3 were reported. Department Mb Commercial Bank N A stated it has 0% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). Cognios Ltd Co has invested 0.64% in Anadarko Petroleum Corporation (NYSE:APC). Advisor Prtn Lc holds 0.1% or 9,825 shares in its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mngmt holds 0.03% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 65,700 shares. Kanawha Mngmt Ltd Liability Co holds 16,320 shares or 0.13% of its portfolio. Atwood & Palmer Incorporated has invested 0% in Anadarko Petroleum Corporation (NYSE:APC). 19,217 are held by Daiwa Secs Grp Inc Inc. Old Mutual Customised Solutions (Proprietary) Ltd holds 0.07% or 12,300 shares. Principal Group Incorporated owns 881,542 shares for 0.04% of their portfolio. Cap Inc Ca holds 0.16% or 19,800 shares in its portfolio. Tudor Invest Et Al holds 88,864 shares or 0.12% of its portfolio. California State Teachers Retirement System has 939,676 shares for 0.1% of their portfolio. Sumitomo Mitsui Trust Incorporated reported 1.57 million shares. Tph Asset Mgmt Ltd Llc has invested 1.28% in Anadarko Petroleum Corporation (NYSE:APC). First Allied Advisory Service Inc reported 10,325 shares or 0.02% of all its holdings.

Among 40 analysts covering Anadarko Petroleum Corporation (NYSE:APC), 33 have Buy rating, 2 Sell and 5 Hold. Therefore 83% are positive. Anadarko Petroleum Corporation has $109 highest and $4 lowest target. $71.33’s average target is 12.40% above currents $63.46 stock price. Anadarko Petroleum Corporation had 137 analyst reports since July 21, 2015 according to SRatingsIntel. Susquehanna maintained the stock with “Buy” rating in Wednesday, January 17 report. Jefferies maintained the stock with “Buy” rating in Wednesday, December 20 report. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned “Buy” rating by RBC Capital Markets on Thursday, November 2. On Monday, September 14 the stock rating was maintained by Citigroup with “Neutral”. The stock of Anadarko Petroleum Corporation (NYSE:APC) has “Buy” rating given on Wednesday, November 25 by Argus Research. The company was maintained on Thursday, September 28 by RBC Capital Markets. Piper Jaffray initiated the shares of APC in report on Thursday, December 21 with “Buy” rating. Goldman Sachs upgraded it to “Buy” rating and $58 target in Friday, March 11 report. The rating was maintained by Iberia Capital Partners with “Outperform” on Monday, November 2. The stock has “Buy” rating by Seaport Global on Tuesday, December 19.

Analysts await Anadarko Petroleum Corporation (NYSE:APC) to report earnings on May, 1 after the close. They expect $0.37 EPS, up 161.67% or $0.97 from last year’s $-0.6 per share. APC’s profit will be $190.67M for 42.88 P/E if the $0.37 EPS becomes a reality. After $0.18 actual EPS reported by Anadarko Petroleum Corporation for the previous quarter, Wall Street now forecasts 105.56% EPS growth.

Neville Rodie & Shaw Inc increased Celgene Corp (NASDAQ:CELG) stake by 21,012 shares to 91,480 valued at $9.55 million in 2017Q4. It also upped Dowdupont Inc stake by 42,491 shares and now owns 263,984 shares. Alphabet Class A was raised too.

The stock decreased 0.94% or $0.04 during the last trading session, reaching $4.21. About 84,238 shares traded. Independence Contract Drilling, Inc. (NYSE:ICD) has declined 15.53% since April 17, 2017 and is downtrending. It has underperformed by 27.08% the S&P500.

Investors sentiment decreased to 1.26 in 2017 Q4. Its down 0.03, from 1.29 in 2017Q3. It is negative, as 6 investors sold Independence Contract Drilling, Inc. shares while 21 reduced holdings. 10 funds opened positions while 24 raised stakes. 26.88 million shares or 4.57% less from 28.16 million shares in 2017Q3 were reported. Tower Rech Cap Ltd Liability (Trc) holds 0% or 2,847 shares. Van Eck Associates Corporation has invested 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD). National Bank Of New York Mellon has 0% invested in Independence Contract Drilling, Inc. (NYSE:ICD) for 145,885 shares. Deutsche Financial Bank Ag has invested 0% in Independence Contract Drilling, Inc. (NYSE:ICD). Barclays Plc holds 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD) for 5,872 shares. Capital Research Invsts reported 4.63M shares or 0.01% of all its holdings. Northern holds 463,280 shares. Jennison Lc invested in 2.08M shares or 0.01% of the stock. Parallax Volatility Advisers L P has invested 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD). Penn Management Co has invested 0.01% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD). The Massachusetts-based Adage Prns Limited Liability Co has invested 0.02% in Independence Contract Drilling, Inc. (NYSE:ICD). Millennium Limited Liability Corporation reported 187,047 shares. 23,749 are owned by State Board Of Administration Of Florida Retirement System. Schwab Charles Management holds 0% or 46,000 shares. Viking Fund Management Lc invested in 0.34% or 520,000 shares.

Anadarko Petroleum Corporation (NYSE:APC) Institutional Positions Chart