Lenox Wealth Advisors eliminated its stake in Apache Co. (NYSE:APA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The hedge fund previously had a 141 share stake in the energy company, valued at approximately $5,552. Lenox Wealth Advisors had fully closed out its position in energy company by the time it had filed its quarterly disclosure with the SEC.

A number of other hedge funds have also recently modified their holdings of the company. Park National raised its stake in shares of Apache by 6.4% in the fourth quarter. Park National now owns 17,501 shares of the energy company’s stock valued at $778,000 after buying an additional 1,050 shares in the last quarter. Indiana Trust & Investment Management Company purchased a new stake in shares of Apache during the fourth quarter valued at about $1,347,000. Meag Munich Ergo Kapitalanlagegesellschaft purchased a new stake in shares of Apache during the third quarter valued at about $5,046,000. Janus Capital Management raised its stake in shares of Apache by 195.2% in the third quarter. Janus Capital Management now owns 42,915 shares of the energy company’s stock valued at $1,680,000 after buying an additional 28,375 shares in the last quarter. Finally, MUFG Americas raised its stake in shares of Apache by 16.0% in the third quarter. MUFG Americas now owns 7,309 shares of the energy company’s stock valued at $286,000 after buying an additional 1,010 shares in the last quarter.

Apache Co. (NYSE:APA) traded up 5.75% during midday trading on Friday, hitting $39.38. The company had a trading volume of 7,053,570 shares. The stock’s market capitalization is $14.89 billion. Apache Co. has a 52 week low of $32.20 and a 52 week high of $71.87. The stock has a 50 day moving average price of $41.47 and a 200-day moving average price of $44.95.

Apache (NYSE:APA) last issued its quarterly earnings data on Thursday, November 5th. The energy company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.38) by $0.33. The business earned $1.50 billion during the quarter, compared to analysts’ expectations of $1.59 billion. The company’s revenue was down 56.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.38 earnings per share. On average, equities analysts predict that Apache Co. will post ($0.69) EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, February 22nd. Stockholders of record on Friday, January 22nd will be given a dividend of $0.25 per share. This is a boost from Apache’s previous quarterly dividend of $0.02. The ex-dividend date is Wednesday, January 20th. This represents a $1.00 annualized dividend and a dividend yield of 2.54%.

APA has been the subject of several research reports. Seaport Global Securities cut their target price on Apache from $53.00 to $50.00 in a research note on Monday, October 19th. KLR Group lowered their price objective on Apache from $84.00 to $71.00 in a research report on Thursday, October 15th. RBC Capital reiterated a “buy” rating and issued a $62.00 price objective (up previously from $60.00) on shares of Apache in a research report on Tuesday, November 10th. Zacks Investment Research upgraded Apache from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Monday, November 23rd. Finally, Vetr downgraded Apache from a “strong-buy” rating to a “buy” rating and set a $49.50 price objective for the company. in a research report on Thursday, December 10th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Apache presently has an average rating of “Hold” and an average price target of $57.37.

Apache Corporation (NYSE:APA) is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids. As of December 31, 2014, Apache had exploration and production interests in five countries: the United States, Canada, Egypt, Australia and the United Kingdom. During the year ended December 31, 2014, it participated in drilling 1,478 gross wells, with 1,407 (95%) completed as producers. As of December 31, 2013, in addition to its completed wells, several wells had not reached completion: 318 gross (214.7 net) in the United States; 27 gross (19.0 net) in Canada; 35 gross (32.5 net) in Egypt, and 3 gross (2.2 net) in the North Sea. The Company’s operations in United States and Canada are constituted under its North America business, while its International business constitutes its operations in Egypt, Australia and the United Kingdom in the North Sea.

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