Vanguard Group Inc. Acquires 1549473 Shares of Marathon Petroleum Corporation (NYSE:MPC)

Cornelia Mascio
Luglio 17, 2017

Legacy Private Trust sold 26,942 shares as Marathon Oil Corp (MRO)'s stock declined 10.47%. Marathon Petroleum Corporation makes up about 3.7% of Valinor Management L.P.'s investment portfolio, making the stock its 9th largest position. The stock increased 1.75% or $0.2 during the last trading session, reaching $11.65. Volume on the day was 1.26 million shares.

Marathon Oil Corporation is an exploration and production company. It has underperformed by 13.86% the S&P500.

Since February 9, 2017, it had 1 insider buy, and 5 selling transactions for $4.03 million activity. Mountain Lake Investment Management Llc who had been investing in Crossamerica Partners Lp for a number of months, seems to be bullish on the $889.04M market cap company. The stock decreased 0.30% or $0.37 on July 14, reaching $124.96. HILLIARD CLAYTON PAUL had sold 100 shares worth $1,450 on Friday, February 10. The insider BUNCH CHARLES E bought 2,000 shares worth $99,880.

Investors sentiment decreased to 0.81 in Q4 2016. Its down 0.38, from 1.19 in 2016Q3. Deutsche Bankshares Ag invested in 6.69M shares. 112.74 million shares or 1.22% less from 114.14 million shares in 2016Q3 were reported. The fund owned 121,291 shares of the oil and gas company's stock after buying an additional 109,249 shares during the period. Institutional investors own 79.42% of the company's stock. Tower Capital Limited Com (Trc) owns 22,175 shares for 0.12% of their portfolio. It improved, as 66 investors sold MPC shares while 252 reduced holdings. Putnam Investments LLC now owns 18,910 shares of the oil and gas company's stock valued at $952,000 after buying an additional 6,545 shares during the period. Paragon Capital Management stated it has 0.14% in General Electric Company (NYSE:GE). Invest Centers Of America holds 231,722 shares or 0.62% of its portfolio. Manufacturers Life Ins Com The holds 0.02% or 126,326 shares in its portfolio. Louisiana State Employees Retirement holds 0.01% of its portfolio in Scientific Games Corp (NASDAQ:SGMS) for 20,400 shares. Acadian Asset Management Ltd Liability owns 396 shares. About 251,776 shares traded. Three investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company's stock. Therefore 35% are positive. Their 52-Week High and Low are noted here. Levels above -20 may indicate the stock may be considered is overbought. Jefferies Group LLC restated a "buy" rating and issued a $61.00 target price on shares of Marathon Petroleum Corporation in a report on Wednesday, April 19th. The rating was maintained by Mizuho with "Buy" on Thursday, October 27. Argus Research maintained the shares of VMC in report on Friday, August 14 with "Buy" rating. JP Morgan has "Neutral" rating and $38 target. The rating was maintained by RBC Capital Markets on Thursday, February 4 with "Top Pick". The rating was maintained by BB&T Capital with "Buy" on Wednesday, May 4. The company was upgraded on Wednesday, October 7 by Wells Fargo.

A number of brokerages recently weighed in on MRO.

Shares of Marathon Oil Corporation (NYSE:MRO) opened at 11.65 on Monday. Therefore 76% are positive. Swearingen John S also sold $865,025 worth of Marathon Petroleum Corp (NYSE:MPC) on Tuesday, February 21. The firm earned "Hold" rating on Friday, December 11 by Argus Research. The firm has "Neutral" rating by Janney Capital given on Monday, August 24. The stock has "Sector Perform" rating by Howard Weil on Monday, December 14. The rating was upgraded by Vetr to "Hold" on Monday, August 17. The company was downgraded on Tuesday, November 22 by Macquarie Research. On Tuesday, January 12 the stock rating was downgraded by Morgan Stanley to "Equal-Weight".

Marathon Petroleum Corp (NYSE:MPC)'s stock had its "buy" rating reaffirmed by equities researchers at Credit Suisse Group in a report issued on Friday. Currently, the stock has a 1 Year Price Target of $17.17.

Investors sentiment increased to 1.09 in 2016 Q4. Its down 0.07, from 0.89 in 2016Q3. It fall, as 55 investors sold MRO shares while 216 reduced holdings. 60 funds opened positions while 160 raised stakes. The insider Isaacs Michael Gavin sold 177,837 shares worth $3.82 million. Raymond James Financial Incorporated stated it has 5,364 shares. LLC boosted its stake in Marathon Oil Corporation by 0.8% in the first quarter. Cubist Systematic Strategies Lc stated it has 59,783 shares. Boston Prns reported 14.53M shares. Proshare Advsr Ltd Limited Liability Company reported 97,382 shares stake. Menta Ltd Liability Company reported 0.12% stake. Rockland reported 206,063 shares or 1.04% of all its holdings. Tarbox Gru owns 2,411 shares. The California-based Pillar Pacific Limited Com has invested 0.1% in Marathon Petroleum Corp (NYSE:MPC). State Of Tennessee Treasury Department reported 0% stake. First Allied Advisory Serv holds 27,451 shares. Tci Wealth Advsrs Inc invested 0% in Marathon Oil Corporation (NYSE:MRO). They expect $1.15 earnings per share, up 7.48% or $0.08 from last year's $1.07 per share. Citigroup Inc. restated a "buy" rating and issued a $67.00 target price (down previously from $68.50) on shares of Marathon Petroleum Corp in a research note on Saturday, April 22nd.

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