Enbridge Energy Partners LP (EEP) Shareholder Travelers Companies Has Cut Holding by $3.06 Million; Cna Financial Stake in Anadarko Pete Com (APC) Has Lowered by $3.32 Million as Share Value Declined

February 17, 2018 - By Nellie Frank

Cna Financial Corp decreased its stake in Anadarko Pete Corp Com (APC) by 78.76% based on its latest 2017Q3 regulatory filing with the SEC. Cna Financial Corp sold 69,200 shares as the company’s stock declined 20.17% while stock markets rallied. The institutional investor held 18,660 shares of the oil & gas production company at the end of 2017Q3, valued at $912,000, down from 87,860 at the end of the previous reported quarter. Cna Financial Corp who had been investing in Anadarko Pete Corp Com for a number of months, seems to be less bullish one the $32.38 billion market cap company. The stock decreased 0.74% or $0.44 during the last trading session, reaching $59.18. About 3.86M shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 8.29% since February 17, 2017 and is uptrending. It has underperformed by 8.41% the S&P500.

Travelers Companies Inc decreased its stake in Enbridge Energy Partners Lp (EEP) by 27.14% based on its latest 2017Q3 regulatory filing with the SEC. Travelers Companies Inc sold 204,200 shares as the company’s stock declined 3.34% while stock markets rallied. The institutional investor held 548,200 shares of the energy company at the end of 2017Q3, valued at $8.76M, down from 752,400 at the end of the previous reported quarter. Travelers Companies Inc who had been investing in Enbridge Energy Partners Lp for a number of months, seems to be less bullish one the $5.53B market cap company. The stock decreased 1.73% or $0.23 during the last trading session, reaching $13.1. About 1.60M shares traded. Enbridge Energy Partners, L.P. (NYSE:EEP) has declined 18.43% since February 17, 2017 and is downtrending. It has underperformed by 35.13% the S&P500.

Cna Financial Corp, which manages about $396.67M US Long portfolio, upped its stake in United Rentals Inc Com (NYSE:URI) by 13,000 shares to 40,000 shares, valued at $5.55 million in 2017Q3, according to the filing. It also increased its holding in Hess Corp Com (NYSE:HES) by 18,600 shares in the quarter, for a total of 123,776 shares, and has risen its stake in Mylan N V Shs Euro (NASDAQ:MYL).

Investors sentiment increased to 0.84 in 2017 Q3. Its up 0.02, from 0.82 in 2017Q2. It is positive, as 54 investors sold APC shares while 267 reduced holdings. 93 funds opened positions while 178 raised stakes. 468.24 million shares or 0.20% less from 469.17 million shares in 2017Q2 were reported. Vident Invest Advisory Ltd Com invested in 0.01% or 4,631 shares. Metropolitan Life Insurance New York stated it has 0.08% in Anadarko Petroleum Corporation (NYSE:APC). Mufg Americas Holdg Corporation stated it has 5,260 shares or 0.01% of all its holdings. Fruth Invest Mgmt invested in 0.13% or 5,988 shares. Parkside Finance Commercial Bank stated it has 0.01% in Anadarko Petroleum Corporation (NYSE:APC). Canada Pension Plan Invest Board stated it has 623,917 shares or 0.06% of all its holdings. Salem Mgmt holds 0.78% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 31,125 shares. Capital Ltd Ca, California-based fund reported 79,200 shares. Rockefeller Svcs Inc holds 0.02% or 21,174 shares. Arrowgrass Capital Prns (Us) Limited Partnership reported 0.04% in Anadarko Petroleum Corporation (NYSE:APC). Menta Lc holds 0.19% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 27,189 shares. Benjamin F Edwards Inc holds 0.08% in Anadarko Petroleum Corporation (NYSE:APC) or 13,063 shares. Art Advsr Limited Company owns 42,600 shares for 0.11% of their portfolio. Wesbanco Bank & Trust Incorporated invested 0.03% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). Jefferies Group Ltd Com has 0% invested in Anadarko Petroleum Corporation (NYSE:APC) for 12,421 shares.

Among 39 analysts covering Anadarko Petroleum Corporation (NYSE:APC), 32 have Buy rating, 2 Sell and 5 Hold. Therefore 82% are positive. Anadarko Petroleum Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Piper Jaffray on Friday, June 10. As per Friday, November 13, the company rating was upgraded by Howard Weil. The firm has “Buy” rating given on Tuesday, January 5 by Citigroup. Zacks downgraded the shares of APC in report on Friday, August 7 to “Buy” rating. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned “Buy” rating by Goldman Sachs on Tuesday, May 3. RBC Capital Markets maintained the shares of APC in report on Thursday, June 15 with “Buy” rating. As per Wednesday, September 14, the company rating was maintained by Macquarie Research. BMO Capital Markets maintained it with “Hold” rating and $6000 target in Wednesday, June 21 report. As per Friday, January 13, the company rating was maintained by RBC Capital Markets. Jefferies maintained the shares of APC in report on Tuesday, June 6 with “Buy” rating.

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