APA Co. (NASDAQ:APA) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of APA Co. (NASDAQ:APA) by 15.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 101,334 shares of the company’s stock after acquiring an additional 13,266 shares during the period. Natixis Advisors LLC’s holdings in APA were worth $2,478,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of APA. American International Group Inc. raised its position in APA by 15.4% in the 1st quarter. American International Group Inc. now owns 99,737 shares of the company’s stock valued at $3,429,000 after purchasing an additional 13,279 shares in the last quarter. CreativeOne Wealth LLC acquired a new position in APA during the 1st quarter worth approximately $251,000. LRI Investments LLC acquired a new position in shares of APA during the first quarter worth $59,000. Lazard Asset Management LLC increased its holdings in shares of APA by 4.9% in the 1st quarter. Lazard Asset Management LLC now owns 11,259 shares of the company’s stock valued at $387,000 after acquiring an additional 530 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in APA by 8.6% in the first quarter. Public Employees Retirement System of Ohio now owns 139,365 shares of the company’s stock valued at $4,791,000 after purchasing an additional 10,981 shares during the last quarter. 83.01% of the stock is currently owned by hedge funds and other institutional investors.

APA Trading Up 1.5 %

APA stock opened at $22.77 on Monday. The stock has a 50-day moving average price of $24.34 and a 200 day moving average price of $27.38. APA Co. has a 52 week low of $21.15 and a 52 week high of $37.82. The stock has a market cap of $8.42 billion, a PE ratio of 3.22 and a beta of 3.24. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.03.

APA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, October 22nd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 4.39%. APA’s dividend payout ratio (DPR) is currently 14.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group reduced their price objective on APA from $26.00 to $25.00 in a research note on Friday, October 18th. Bernstein Bank reduced their target price on shares of APA from $30.00 to $28.00 in a report on Friday, October 18th. Scotiabank lowered their price target on APA from $30.00 to $27.00 and set a “sector perform” rating on the stock in a report on Thursday, October 10th. Barclays reduced their price objective on APA from $30.00 to $27.00 and set an “equal weight” rating for the company in a research note on Friday, November 8th. Finally, Royal Bank of Canada lowered their target price on APA from $34.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Monday, November 11th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $32.81.

APA Company Profile

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.