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The Kennedy Family Honors Ethel Kennedy at Arlington National CemeteryAPA Co. ( NASDAQ:APA – Get Free Report ) has earned an average rating of “Hold” from the twenty analysts that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $32.81. Several analysts recently weighed in on APA shares. Truist Financial decreased their price target on APA from $36.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, November 8th. Evercore ISI reduced their target price on shares of APA from $39.00 to $33.00 and set an “in-line” rating on the stock in a research note on Monday, September 30th. Susquehanna dropped their price target on shares of APA from $52.00 to $48.00 and set a “positive” rating for the company in a research note on Friday, October 18th. Bernstein Bank decreased their price objective on shares of APA from $30.00 to $28.00 in a research note on Friday, October 18th. Finally, JPMorgan Chase & Co. decreased their target price on APA from $29.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 13th. View Our Latest Stock Report on APA APA Trading Up 1.5 % APA Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, October 22nd were issued a $0.25 dividend. The ex-dividend date 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 is presently 14.12%. Institutional Inflows and Outflows Several large investors have recently modified their holdings of APA. Harris Associates L P increased its position in APA by 20.8% during the 3rd quarter. Harris Associates L P now owns 24,914,700 shares of the company’s stock valued at $609,414,000 after buying an additional 4,293,932 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in shares of APA by 12.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 30,471,834 shares of the company’s stock worth $745,341,000 after acquiring an additional 3,411,270 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of APA by 131.7% during the second quarter. Dimensional Fund Advisors LP now owns 4,813,655 shares of the company’s stock valued at $141,704,000 after acquiring an additional 2,736,041 shares in the last quarter. Vanguard Group Inc. raised its position in shares of APA by 4.7% in the 1st quarter. Vanguard Group Inc. now owns 44,648,084 shares of the company’s stock valued at $1,535,001,000 after purchasing an additional 2,004,555 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its stake in APA by 3,450.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 985,907 shares of the company’s stock worth $24,115,000 after purchasing an additional 958,141 shares in the last quarter. Institutional investors own 83.01% of the company’s stock. APA Company Profile ( Get Free Report 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. Read More Receive News & Ratings for APA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for APA and related companies with MarketBeat.com's FREE daily email newsletter .
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