Marathon Petroleum Corp (MPC) Shareholder Paradigm Asset Management Co LLC Decreased Stake by $212.02 Million

June 27, 2018 - By Maria Fierro

Marathon Petroleum Corporation (NYSE:MPC) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.9. That’s change of 0.06, from 2017Q4’s 0.96. 52 investors sold all, 322 reduced holdings as MPC ratio dropped. 239 rose positions while 98 funds acquired positions. Funds hold 354.13 million shares thus 3.74% less from 2017Q4’s 367.91 million shares. Tiemann Inv Ltd has invested 0.21% in Marathon Petroleum Corporation (NYSE:MPC). Strs Ohio holds 0.25% or 786,859 shs in its capital. Bailard has invested 0.22% in Marathon Petroleum Corporation (NYSE:MPC). Kbc Gp Nv invested in 600,194 shs or 0.41% of the stock. Frontier Cap Mgmt Limited Company stated it has 0% of its capital in Marathon Petroleum Corporation (NYSE:MPC). 19,477 were reported by Pillar Pacific Capital Mngmt Ltd Co. 150 are owned by Advisors Ltd Limited Liability Com. Adell Harriman Carpenter owns 0% invested in Marathon Petroleum Corporation (NYSE:MPC) for 67,025 shs. Moreover, Perella Weinberg Prtnrs Cap Lp has 0.51% invested in Marathon Petroleum Corporation (NYSE:MPC) for 154,257 shs. Moreover, Wilen Invest Management Corp has 1.81% invested in Marathon Petroleum Corporation (NYSE:MPC). M&T Comml Bank reported 81,020 shs stake. Pettyjohn Wood White invested in 0.08% or 3,124 shs. Zebra Lc reported 20,185 shs. Captrust Fincl Advsrs holds 1,486 shs or 0.01% of its capital. Bremer National Association reported 34,733 shs.

MPC had 2 sales and 1 buying transaction since March 6, 2018. This’s net activity of $3.27 million. Another trade for 1,500 shs valued at $101,070 was bought by BUNCH CHARLES E.

In Marathon Petroleum Corp (MPC) was decreased the holdings held by Paradigm Asset Management Co Llc. The decrease is 5.74% according to 2018Q1 Securities and Exchange form. 2,900 shares were sold by Paradigm Asset Management Co Llc as the company’s stock rose 16.16% while stock markets declined. At the end of 2018Q1, the institutional investor held 47,650 shares of the integrated oil company, priced at $3.48B, down from 50,550 at the end of the previous reported quarter. For a total of 7,700 shares it increased its holding in Honeywell Int’l (NYSE:HON) by 900 shares in the quarter, and has risen its stake in .

Marathon Petroleum Corporation (NYSE:MPC) is expected to report earnings on July, 26., Faxor reports. Last year’s EPS was $1.03, while now analysts expect change of 66.02 % up from current $1.71 EPS. This could be $789.81 million profit for MPC assuming the current $1.71 EPS will become reality. Wall Street now sees 2,037.50 % EPS growth despite Marathon Petroleum Corporation previous quarter’s EPS of $0.08.

A couple more Marathon Petroleum Corporation (NYSE:MPC) news were brought out by: Investorplace.com which released on June 26, 2018 “Stick with Refiners and Wait for the OPEC Decision to Shake Out”, also Fool.com on June 25, 2018 brought out “1 Metric Explains Why Oil Refinery Stocks Are Soaring Right Now”, the next Bizjournals.com is “See which Houston public cos. were the biggest winners, losers for job growth since 2009” on June 25, 2018. Bizjournals.com has article titled “Behind The Deal: Andeavor looked to be bought while closing Western Refining acquisition”.

Marathon Petroleum Corporation (NYSE:MPC) Ratings Coverage

A total of 15 analysts rate Marathon Petroleum (NYSE:MPC) as follows: 13 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 87% are bullish. The firm has $97.0 highest and $66.0 lowest target. The avg target $85.43 is 21.57% above the last ($70.27) price. (NYSE:MPC) has 28 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Friday, April 13 the rating was maintained by RBC Capital Markets with “Buy”. On Tuesday, March 13 the stock has “Buy” rating by Citigroup. In Monday, February 5 report Wells Fargo downgraded the stock to “Sell” rating. On Tuesday, March 13 the company was maintained by JP Morgan. On Tuesday, May 1 the firm earned “Neutral” rating by Bank of America. On Monday, April 9 the firm has “Hold” rating given by Scotia Capital. On Thursday, May 10 the company was upgraded by Bank of America. The stock rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 30. On Monday, February 5 Jefferies downgraded Marathon Petroleum Corporation (NYSE:MPC) to “Hold” rating. The stock rating was maintained by Piper Jaffray with “Buy” on Sunday, January 21.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Investors Chart

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