January 13, 2018 – By Hazel Jackson
Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.14, from 1.05 in 2017Q2. It worsened, as 52 investors sold Marathon Petroleum Corporation shares while 292 reduced holdings. 85 funds opened positions while 227 raised stakes. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported.
Massachusetts-based State Street Corp has invested 0.13% in Marathon Petroleum Corporation (NYSE:MPC). 3.08 million are held by Aqr Cap Management Limited Liability. Ci Invs holds 0.01% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 19,450 shares. Capstone Advsrs Lc invested in 19,465 shares or 0.04% of the stock. Wexford Capital Lp has 6.32% invested in Marathon Petroleum Corporation (NYSE:MPC). Kansas-based Intrust Bank Na has invested 0.23% in Marathon Petroleum Corporation (NYSE:MPC). Bokf Na holds 0.06% or 35,481 shares in its portfolio. Tiaa Cref Inv Limited Liability has 2.00M shares for 0.08% of their portfolio. Coastline holds 0.48% or 49,470 shares in its portfolio. Moreover, Suntrust Banks has 0.02% invested in Marathon Petroleum Corporation (NYSE:MPC). Dimensional Fund Advisors L P invested 0.15% in Marathon Petroleum Corporation (NYSE:MPC). Integral Derivatives Ltd Liability Corporation accumulated 14,691 shares or 0.01% of the stock. Vantage Inv Advsrs Llc has 0.02% invested in Marathon Petroleum Corporation (NYSE:MPC) for 1,620 shares. Oakbrook Lc reported 43,260 shares stake. Kornitzer Mgmt Ks reported 165,000 shares stake.
Since September 14, 2017, it had 0 insider purchases, and 5 sales for $7.73 million activity. Kelley Thomas M. sold $2.31 million worth of stock. $1.12 million worth of Marathon Petroleum Corporation (NYSE:MPC) was sold by Palmer C. Michael.
Analysts expect Marathon Petroleum Corporation (NYSE:MPC) to report $1.04 EPS on February, 7.They anticipate $0.61 EPS change or 141.86 % from last quarter’s $0.43 EPS. MPC’s profit would be $507.94 million giving it 17.17 P/E if the $1.04 EPS is correct. After having $1.77 EPS previously, Marathon Petroleum Corporation’s analysts see -41.24 % EPS growth. The stock increased 1.67% or $1.17 during the last trading session, reaching $71.42. About 2.63M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since January 13, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.
Marathon Petroleum Corporation (NYSE:MPC) Ratings Coverage
Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Marathon Petroleum Corp had 68 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Marathon Petroleum Corporation (NYSE:MPC) has “Strong-Buy” rating given on Tuesday, August 11 by Vetr. RBC Capital Markets maintained the shares of MPC in report on Wednesday, December 20 with “Buy” rating. Credit Suisse maintained it with “Buy” rating and $6400 target in Thursday, July 13 report. Jefferies maintained it with “Buy” rating and $6100 target in Thursday, June 22 report. The firm has “Neutral” rating given on Friday, February 5 by JP Morgan. As per Tuesday, August 23, the company rating was initiated by Jefferies. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Neutral” rating by Bank of America on Tuesday, January 5. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by RBC Capital Markets on Wednesday, October 18. The firm has “Overweight” rating by Barclays Capital given on Tuesday, January 12. The firm has “Outperform” rating by Oppenheimer given on Wednesday, November 25.
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. The company has market cap of $34.88 billion. It operates through three divisions: Refining & Marketing, Speedway, and Midstream. It has a 22.65 P/E ratio. The firm refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale.
More notable recent Marathon Petroleum Corporation (NYSE:MPC) news were published by: Nasdaq.com which released: “Marathon Petroleum Corp. and MPLX LP announce agreement to exchange MPC’s …” on December 15, 2017, also Foxbusiness.com with their article: “Marathon Petroleum Reports FCCU Compressor Problem at Galveston Bay Refinery” published on January 08, 2018, Reuters.com published: “BRIEF-REG-Marathon Petroleum And MPLX LP to Exchange MPC’s General Partner …” on December 15, 2017. More interesting news about Marathon Petroleum Corporation (NYSE:MPC) were released by: Nasdaq.com and their article: “Marathon Petroleum Up 34% in a Year: Is Further Upside Left?” published on January 05, 2018 as well as Zacks.com‘s news article titled: “Marathon Petroleum to Swap GP Stake & IDRs With MPLX Units” with publication date: December 18, 2017.
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