Analysts at Stifel Nicolaus Reconfirmed their Hold rating for Apache (APA). The Price Target is Set to $46.0000; Panagora Asset Management Has Raised Its Universal Corp/Va (UVV) Stake

July 17, 2017 - By Adrian Mccoy

Among 24 analysts covering Apache Corporation (NYSE:APA), 5 have Buy rating, 3 Sell and 16 Hold. Therefore 21% are positive. Apache Corporation has $72 highest and $31 lowest target. $53.08’s average target is 9.31% above currents $48.56 stock price. Apache Corporation had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Bank of America given on Tuesday, January 5. The firm earned “Sector Perform” rating on Friday, May 6 by RBC Capital Markets. Stifel Nicolaus maintained Apache Corporation (NYSE:APA) on Monday, May 29 with “Hold” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, November 6 report. The stock has “Hold” rating by Stifel Nicolaus on Thursday, July 13. Credit Suisse initiated Apache Corporation (NYSE:APA) on Wednesday, July 22 with “Neutral” rating. The firm has “Buy” rating given on Tuesday, September 15 by Argus Research. Citigroup maintained Apache Corporation (NYSE:APA) rating on Monday, September 14. Citigroup has “Buy” rating and $60 target. The firm has “Hold” rating by BMO Capital Markets given on Monday, June 26. UBS maintained it with “Neutral” rating and $54 target in Friday, August 5 report.

Panagora Asset Management Inc increased Universal Corp/Va (UVV) stake by 39.16% reported in 2016Q4 SEC filing. Panagora Asset Management Inc acquired 43,840 shares as Universal Corp/Va (UVV)’s stock rose 2.89%. The Panagora Asset Management Inc holds 155,795 shares with $9.93M value, up from 111,955 last quarter. Universal Corp/Va now has $1.63 billion valuation. The stock increased 0.63% or $0.4 on July 14, reaching $64.05. About shares traded. Universal Corp (NYSE:UVV) has risen 28.37% since July 17, 2016 and is uptrending. It has outperformed by 11.67% the S&P500.

Analysts await Apache Corporation (NYSE:APA) to report earnings on August, 3 before the open. They expect $0.11 earnings per share, up 142.31% or $0.37 from last year’s $-0.26 per share. APA’s profit will be $42.13 million for 110.36 P/E if the $0.11 EPS becomes a reality. After $0.08 actual earnings per share reported by Apache Corporation for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

The stock increased 0.66% or $0.32 during the last trading session, reaching $48.56. About 4 shares traded. Apache Corporation (NYSE:APA) has declined 10.21% since July 17, 2016 and is downtrending. It has underperformed by 26.91% the S&P500.

Since May 15, 2017, it had 1 buying transaction, and 0 insider sales for $513,800 activity. The insider JOYCE RENE R bought 10,000 shares worth $513,800.

Investors sentiment increased to 1 in 2016 Q4. Its up 0.05, from 0.95 in 2016Q3. It increased, as 65 investors sold Apache Corporation shares while 256 reduced holdings. 83 funds opened positions while 237 raised stakes. 331.56 million shares or 0.06% less from 331.75 million shares in 2016Q3 were reported. Federated Invsts Pa reported 160,081 shares stake. Kbc Grp Incorporated Nv holds 0.02% or 32,241 shares in its portfolio. Ibm Retirement Fund invested in 35,611 shares. Virtus Investment Advisers stated it has 0.1% in Apache Corporation (NYSE:APA). Bp Plc owns 47,000 shares. Voya Investment Mgmt Limited Liability Company owns 159,851 shares. Fairpointe Ltd Liability Corporation holds 7,250 shares or 0.01% of its portfolio. United Ser Automobile Association, a Texas-based fund reported 230,217 shares. Cap Global Investors reported 0.33% of its portfolio in Apache Corporation (NYSE:APA). Brown Advisory Incorporated has 0% invested in Apache Corporation (NYSE:APA) for 20,813 shares. Walleye Trading Ltd Limited Liability Company has 0.03% invested in Apache Corporation (NYSE:APA) for 61,330 shares. Caxton Associates L P holds 0.08% or 27,905 shares in its portfolio. Virginia Retirement Et Al holds 183,200 shares or 0.16% of its portfolio. Bb&T Corporation invested 0.01% of its portfolio in Apache Corporation (NYSE:APA). Meiji Yasuda Asset Management Limited has 4,913 shares for 0.03% of their portfolio.

Apache Corporation is an independent energy company. The company has market cap of $18.60 billion. The Firm explores for, develops, and produces crude oil, natural gas and natural gas liquids. It currently has negative earnings. It has production in four divisions: the United States, Canada, Egypt and the United Kingdom North Sea.

Since January 30, 2017, it had 0 buys, and 11 insider sales for $4.29 million activity. 1,000 Universal Corp (NYSE:UVV) shares with value of $65,750 were sold by Wigner Preston Douglas. CROCKER CHESTER A also sold $58,240 worth of Universal Corp (NYSE:UVV) shares. Broome Theodore G also sold $340,250 worth of Universal Corp (NYSE:UVV) shares. On Monday, June 19 the insider Moore David C sold $421,964. 7,606 shares were sold by PEEBLES ROBERT, worth $575,060. HUFFMAN JAMES A also sold $507,340 worth of Universal Corp (NYSE:UVV) on Friday, February 10. $74,600 worth of Universal Corp (NYSE:UVV) shares were sold by SLEDD ROBERT C.

Investors sentiment increased to 1.56 in 2016 Q4. Its up 0.36, from 1.2 in 2016Q3. It improved, as 11 investors sold UVV shares while 50 reduced holdings. 25 funds opened positions while 70 raised stakes. 22.10 million shares or 2.25% more from 21.61 million shares in 2016Q3 were reported. Gargoyle Investment Advisor Ltd Liability, New Jersey-based fund reported 7,015 shares. Blackrock Advisors Ltd holds 0% or 11,747 shares in its portfolio. State Teachers Retirement Sys has 0.01% invested in Universal Corp (NYSE:UVV) for 57,523 shares. Moreover, Kbc Nv has 0.05% invested in Universal Corp (NYSE:UVV). Adams Asset Advisors Llc owns 69,983 shares or 0.59% of their US portfolio. Thompson Siegel Walmsley Ltd Liability Co, Virginia-based fund reported 8,011 shares. Moreover, Legal & General Group Incorporated Public Limited has 0% invested in Universal Corp (NYSE:UVV). Swiss Natl Bank has 35,600 shares. Brandywine Com has 14,907 shares. Crawford Counsel Inc owns 0.05% invested in Universal Corp (NYSE:UVV) for 23,689 shares. Afam holds 17,716 shares. Envestnet Asset Mngmt holds 0% of its portfolio in Universal Corp (NYSE:UVV) for 490 shares. Moreover, Principal Financial Group has 0.01% invested in Universal Corp (NYSE:UVV) for 172,551 shares. Qs Invsts Ltd Liability Corp reported 50,944 shares. Schroder Management Group stated it has 377,873 shares or 0.05% of all its holdings.

Panagora Asset Management Inc decreased Accuray Inc (NASDAQ:ARAY) stake by 109,956 shares to 48,598 valued at $224,000 in 2016Q4. It also reduced Du Pont (E.I.) De Nemours (NYSE:DD) stake by 26,320 shares and now owns 80,285 shares. Anthem Inc (NYSE:ANTM) was reduced too.

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