APA Co. (NASDAQ:APA) Shares Bought by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft lifted its stake in shares of APA Co. (NASDAQ:APA) by 175.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,500 shares of the company’s stock after acquiring an additional 14,980 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in APA were worth $543,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empirical Finance LLC grew its stake in shares of APA by 1.6% in the 3rd quarter. Empirical Finance LLC now owns 31,272 shares of the company’s stock worth $765,000 after purchasing an additional 497 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of APA by 16.9% during the 3rd quarter. UMB Bank n.a. now owns 3,556 shares of the company’s stock worth $87,000 after acquiring an additional 513 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of APA by 1.1% in the 2nd quarter. NewEdge Advisors LLC now owns 46,603 shares of the company’s stock worth $1,372,000 after acquiring an additional 521 shares during the last quarter. Segment Wealth Management LLC raised its position in shares of APA by 1.0% during the third quarter. Segment Wealth Management LLC now owns 54,367 shares of the company’s stock worth $1,330,000 after purchasing an additional 535 shares during the period. Finally, TD Private Client Wealth LLC lifted its holdings in shares of APA by 84.1% during the third quarter. TD Private Client Wealth LLC now owns 1,182 shares of the company’s stock valued at $29,000 after purchasing an additional 540 shares during the last quarter. Institutional investors own 83.01% of the company’s stock.

APA Stock Down 0.8 %

APA stock opened at $22.99 on Friday. The firm has a market cap of $8.51 billion, a PE ratio of 3.25 and a beta of 3.16. APA Co. has a 1 year low of $20.32 and a 1 year high of $36.04. The company has a fifty day simple moving average of $22.85 and a 200 day simple moving average of $25.18. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, January 22nd. This represents a $1.00 annualized dividend and a dividend yield of 4.35%. APA’s dividend payout ratio (DPR) is presently 14.12%.

Insider Activity

In related news, Director Juliet S. Ellis bought 4,391 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of $22.78 per share, with a total value of $100,026.98. Following the completion of the transaction, the director now directly owns 12,436 shares of the company’s stock, valued at $283,292.08. This trade represents a 54.58 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

APA has been the topic of a number of analyst reports. UBS Group dropped their price target on APA from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Monday, December 9th. JPMorgan Chase & Co. cut their price target on shares of APA from $29.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, November 13th. Barclays decreased their price objective on shares of APA from $30.00 to $27.00 and set an “equal weight” rating for the company in a research note on Friday, November 8th. Mizuho cut their target price on shares of APA from $25.00 to $24.00 and set an “underperform” rating on the stock in a research note on Monday, December 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $32.00 target price on shares of APA in a report on Thursday, January 23rd. Four analysts have rated the stock with a sell rating, eleven have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, APA presently has a consensus rating of “Hold” and a consensus target price of $30.65.

APA 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.