Morse Asset Management Inc Acquires 9635 Shares of Marathon Petroleum Corporation (MPC)

The stock closing price is now trading upward to its 50 day moving average with change of 9.53%, escalated to its 20 day moving average with figure of 4.62% and above its 200 day moving average with value 16.88%.

MRO has been the topic of several analyst reports. The stock has "Hold" rating by Argus Research on Friday, March 3. The stock has a beta value of 2.37. The stock of Southern Co (NYSE:SO) earned "Neutral" rating by SunTrust on Monday, October 19. Finally, Stifel Nicolaus reissued a "hold" rating and issued a $11.00 target price on shares of Marathon Oil Corporation in a report on Friday, July 14th. The stock of Marathon Petroleum Corp (NYSE:MPC) earned "Outperform" rating by Cowen & Co on Friday, February 12. The stock's 50 day moving average price is $13.17 and its 200 day moving average price is $12.91. Marshall Wace North America L.P. acquired a new stake in Marathon Petroleum Corporation during the first quarter worth approximately $428,000.

With all other things going on, Marathon Petroleum Corporation (NYSE:MPC) has been on a run - rising 17.99 percent in just three months. The value of the company's investment in Marathon Petroleum Corp decreased from $9,114,000 to $9,097,000 decreasing 0.2% since the last quarter. IBM Retirement Fund bought a new stake in Marathon Oil Corporation in the 2nd quarter valued at $149,000.

While looking at the Stock's Performance, Marathon Petroleum Corporation now shows a Weekly Performance of -0.77%, where Monthly Performance is 9.14%, Quarterly performance is 17.99%, 6 Months performance is 16.47% and yearly performance percentage is 40.85%. The shares were sold at an average price of $62.35, for a total value of $4,836,988.30. Marathon Petroleum Corp (NYSE:MPC) has risen 46.20% since November 12, 2016 and is uptrending. It has outperformed by 29.50% the S&P500.

Investors sentiment decreased to 1.05 in Q2 2017. This represents a $0.20 annualized dividend and a dividend yield of 1.28%. It fall, as 55 investors sold MRO shares while 186 reduced holdings. 93 funds opened positions while 250 raised stakes. Old Mutual Customised Solutions (Proprietary) Ltd invested in 28,095 shares or 0.22% of the stock. Credit Suisse Ag holds 0% of its portfolio in SemGroup Corp (NYSE:SEMG) for 45,291 shares. Nikko Asset Mgmt Americas holds 72,800 shares or 0.23% of its portfolio. Invesco Ltd sold 76,119 shares as Semgroup Corp (SEMG)'s stock declined 17.35%. Perella Weinberg Partners Mngmt LP has 0.12% invested in Marathon Petroleum Corp (NYSE:MPC) for 18,288 shares. Marathon Petroleum Corporation's dividend payout ratio (DPR) is now 49.08%. Kirr Marbach And Limited Liability Co In reported 88,897 shares. Interest Gp Incorporated holds 41,207 shares. Banced Corporation reported 9,193 shares.

14-day Williams %R for Marathon Petroleum Corporation (NYSE:MPC) moved to around 22.41. (NYSE:AN). Moon Cap Limited Partnership accumulated 178,431 shares. 2,600 are held by Sandy Spring Natl Bank. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. Therefore 74% are positive. Marathon Petroleum Corp had 59 analyst reports since August 10, 2015 according to SRatingsIntel. It looks like traders are happy with the stock. As per Monday, November 6, the company rating was maintained by BMO Capital Markets. The stock has "Neutral" rating by JP Morgan on Friday, February 5. RBC Capital Markets maintained SemGroup Corp (NYSE:SEMG) on Sunday, July 23 with "Buy" rating. The rating was maintained by Barclays Capital on Thursday, September 1 with "Overweight". United Ser Automobile Association stated it has 0.02% of its portfolio in Marathon Oil Corporation (NYSE:MRO). The company was upgraded on Wednesday, July 5 by Citigroup.

Since June 1, 2017, it had 3 insider purchases, and 1 sale for $565,545 activity. On Wednesday, June 14 Kelley Thomas M. sold $1.36 million worth of Marathon Petroleum Corp (NYSE:MPC) or 25,000 shares.

Meag Munich Ergo Kapitalanlagegesellschaft Mbh decreased Kroger Co (NYSE:KR) stake by 290,330 shares to 52,555 valued at $2.76M in 2017Q2. It also upped Pembina Pipeline Corp (NYSE:PBA) stake by 108,012 shares and now owns 1.55 million shares. (NYSE:AN). Brandywine Ltd Liability Corp has invested 0.03% in AutoNation, Inc.

Marathon Petroleum Corporation (NYSE:MPC) price is pointing towards neither exit nor entry barriers, according to a technical analysis tool called the Relative Strength Index (RSI). The oil and gas producer reported ($0.08) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.14) by $0.06. MPC's profit will be $439.57M for 17.26 P/E if the $0.90 EPS becomes a reality. Moreover, Meyer Handelman Com has 0.26% invested in Marathon Oil Corporation (NYSE:MRO) for 525,226 shares.

Investors sentiment is 1.08 in Q2 2017. Its down 0.03, from 1.08 in 2017Q1. Johnson Investment Counsel Inc reported 10,900 shares stake. Berkshire Asset Mngmt Ltd Company Pa stated it has 25,672 shares or 0.03% of all its holdings. Metropolitan Life Company New York holds 0.03% or 412,132 shares. State Of Wisconsin Invest Board has invested 0.01% in AutoNation, Inc.

Notícias recomendadas

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.