Arizona State Retirement System decreased its position in APA Co. (NASDAQ:APA – Get Rating) by 0.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 92,428 shares of the company’s stock after selling 440 shares during the period. Arizona State Retirement System’s holdings in APA were worth $4,315,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in APA by 110.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 561 shares of the company’s stock valued at $26,000 after acquiring an additional 295 shares in the last quarter. Creative Capital Management Investments LLC bought a new stake in shares of APA during the 4th quarter valued at $30,000. Covestor Ltd boosted its holdings in shares of APA by 117.8% during the 1st quarter. Covestor Ltd now owns 808 shares of the company’s stock valued at $33,000 after buying an additional 437 shares in the last quarter. Lindbrook Capital LLC boosted its holdings in shares of APA by 47.3% during the 4th quarter. Lindbrook Capital LLC now owns 791 shares of the company’s stock valued at $37,000 after buying an additional 254 shares in the last quarter. Finally, James Investment Research Inc. raised its position in shares of APA by 49.1% in the 3rd quarter. James Investment Research Inc. now owns 1,126 shares of the company’s stock worth $38,000 after purchasing an additional 371 shares during the last quarter. Institutional investors own 80.79% of the company’s stock.
APA Stock Performance
APA stock opened at $33.22 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.11 and a debt-to-equity ratio of 4.04. The business’s fifty day simple moving average is $36.19 and its two-hundred day simple moving average is $40.95. APA Co. has a twelve month low of $30.15 and a twelve month high of $51.95. The firm has a market cap of $10.33 billion, a price-to-earnings ratio of 5.40, a PEG ratio of 2.37 and a beta of 3.53.
Analyst Ratings Changes
APA has been the subject of a number of recent analyst reports. The Goldman Sachs Group boosted their target price on APA from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, April 21st. Piper Sandler cut their price target on APA from $46.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, March 7th. Citigroup boosted their price target on APA from $42.00 to $43.00 in a research note on Tuesday, April 25th. Roth Capital reiterated a “buy” rating on shares of APA in a research note on Wednesday, February 8th. Finally, Mizuho reiterated an “underperform” rating and set a $45.00 price objective on shares of APA in a research note on Monday, April 10th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $47.63.
APA Profile
APA Corp. explores for oil and natural gas through its subsidiaries. It produces oil and gas with operations in the United States, Egypt and the United Kingdom, and exploration activities offshore in Suriname. The company was founded in 1954 and is headquartered in Houston, TX.
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