Marathon Petroleum Corp (NYSE:MPC) Sentiment Change Report at 0.9

June 27, 2018 - By Heather Owens

Marathon Petroleum Corporation (NYSE:MPC) Corporate Logo

“Big money” Positions

In Q1 2018 Marathon Petroleum Corp (NYSE:MPC) big money sentiment decreased to 0.9, SEC.gov filings reveal. That’s down -0.06, from 2017Q4’s 0.96. 337 funds increased and started new stock positions, while 374 cut down and sold stakes in Marathon Petroleum Corp so the sentiment dived. These funds own 354.13 million shares, that’s down from 367.91 million shares in 2017Q4. Funds holding Marathon Petroleum Corp in top 10 was flat from 17 to 17 for the same number . In total 52 funds closed positions, 322 reduced and 239 increased. Also 98 funds bought new Marathon Petroleum Corp stakes.

Biggest Marathon Petroleum Corp Investors

Swift Run Capital Management Llc owns 239,742 shares in Marathon Petroleum Corp as of Q1 2018. Marathon Petroleum Corp’s shareholder Wheatland Advisors Inc owns 87,339 shares as of Q1 2018. Furthermore, Stillwater Capital Advisors Llc reported 181,617 shares in Marathon Petroleum Corp equivalent to 3.19% of its stocks portfolio. The Connecticut-based fund Wexford Capital Lp have invested about 2.63% of the investment professional’s stock portfolio in Marathon Petroleum Corp. The Massachusetts-based fund Polaris Capital Management Llc holds 971,682 shares or 2.62% of their stocks portfolio.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States.The firm is valued at $32.48 billion. It operates through three divisions: Refining & Marketing, Speedway, and Midstream.10.22 is the 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.

Ticker’s shares touched $70.32 during the last trading session after 0.31% change.Currently Marathon Petroleum Corporation is uptrending after 46.81% change in last June 27, 2017. MPC has also 1.07M shares volume. The stock outperformed the S&P500 by 34.24%.

Marathon Petroleum Corporation (NYSE:MPC) is anticipated to reveal earnings on July, 26., according to Faxor. earnings per share of $1.71 is 66.02 % up from 2017’s $1.03 EPS. If the current earnings per share of $1.71 is accurate, MPC’s profit could hit $789.81M. After $0.08 earnings per share was published last quarter, analysts now see EPS growth of 2,037.50 % for Marathon Petroleum Corporation.

Ww Asset holds 0.12% or 33,941 shs in its capital. Florida-based Wilen Investment Mgmt has invested 1.81% in Marathon Petroleum Corporation (NYSE:MPC). Carlson Limited Partnership holds 141,500 shs. Moreover, Point72 Asia (Hong Kong) Ltd has 0.23% invested in Marathon Petroleum Corporation (NYSE:MPC). Westwood Hldg Gru reported 42,200 shs. The New York-based Pinebridge Investments Lp has invested 0.41% in Marathon Petroleum Corporation (NYSE:MPC). Mackenzie Fincl Corp reported 0.01% stake. Mckinley Carter Wealth invested in 0.02% or 782 shs. Barnett & Incorporated reported 37,518 shs or 1.41% of all its holdings. Valley Natl Advisers has invested 0.07% in Marathon Petroleum Corporation (NYSE:MPC). Teacher Retirement System Of Texas holds 699,758 shs. Adage Cap Prtn Group Ltd Company reported 582,500 shs. Eaton Vance Mgmt reported 192,628 shs stake. 31,211 are owned by First Midwest Commercial Bank Trust Division. Vnbtrust Natl Association holds 3,274 shs.

Marathon Petroleum Corporation had 2 sales and 1 insider buy since March 6, 2018. This’s net activity of $3.27 million. $101,070 worth of Marathon Petroleum Corporation (NYSE:MPC) was bought by BUNCH CHARLES E.

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 21.49% above the last ($70.32) price. (NYSE:MPC) has 28 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Friday, April 13 the stock of Marathon Petroleum Corporation (NYSE:MPC) has “Buy” rating given by RBC Capital Markets. On Tuesday, May 1 the stock of Marathon Petroleum Corporation (NYSE:MPC) has “Market Perform” rating given by Wells Fargo. In Tuesday, April 24 report Jefferies maintained the stock with “Hold” rating. On Monday, February 5 Jefferies downgraded Marathon Petroleum Corporation (NYSE:MPC) to “Hold” rating. On Friday, April 20 the firm has “Buy” rating by RBC Capital Markets given. On Friday, May 18 the rating was downgraded by Tudor Pickering to “Hold”. In Tuesday, February 13 report Goldman Sachs upgraded the stock to “Buy” rating. On Thursday, May 10 the stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by Bank of America. On Tuesday, May 1 the firm has “Outperform” rating given by RBC Capital Markets. The stock rating was maintained by Morgan Stanley with “Overweight” on Monday, April 16.

A couple more Marathon Petroleum Corporation (NYSE:MPC) news were announced by: Investorplace.com which released on June 26, 2018 “Stick with Refiners and Wait for the OPEC Decision to Shake Out”, also Bizjournals.com on June 04, 2018 announced “Behind The Deal: Andeavor looked to be bought while closing Western Refining acquisition”, the next Bizjournals.com is “See which Houston public cos. were the biggest winners, losers for job growth since 2009” on June 25, 2018. Fool.com has article titled “1 Metric Explains Why Oil Refinery Stocks Are Soaring Right Now”.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Investors Chart

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