Marathon Petroleum Corporation (MPC) Receiving Positive News Coverage, Report Shows

Lloyd Doyle
October 13, 2017

The Conestoga Capital Advisors Llc holds 385,869 shares with $46.84M value, up from 360,774 last quarter. Marathon Petroleum Corp now has $28.58 billion valuation. The stock rose 0.29% or $0.17 reaching $59.5 per share. Closing price generally refers to the last price at which a stock trades during a regular trading session. That's a potential 13.66 gain from where (NYSE:MPC) has been trading recently.

Clarivest Asset Management Llc increased Trueblue Inc (TBI) stake by 115.66% reported in 2017Q2 SEC filing. The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings. Trueblue Inc now has $1.01B valuation. Conestoga Capital Advisors Llc acquired 25,095 shares as Ligand Pharmaceuticals Inc (LGND)'s stock rose 7.66%. About 3.99M shares traded. Vertex Energy Inc (NASDAQ:VTNR) has declined 29.58% since October 12, 2016 and is downtrending.

Investors sentiment decreased to 1.14 in 2017 Q2. Its down 0.06, from 0.99 in 2017Q1. 59 funds opened positions while 108 raised stakes. Glg Prtnrs Limited Partnership holds 167,146 shares or 0.48% of its portfolio. Whittier Trust Communications owns 3,955 shares. A reading between 0 and -20 would indicate an overbought situation. They expect $-0.15 EPS, down 36.36 % or $0.04 from last year's $-0.11 per share. Boothbay Fund Mngmt holds 8,988 shares. Citigroup has 158,172 shares. Silvercrest Asset Mgmt Grp Incorporated Ltd invested 0.02% in PTC Inc (NASDAQ:PTC). Grimes And Company Incorporated accumulated 99,941 shares. Illinois-based Blair William Com Il has invested 0.01% in Marathon Petroleum Corp (NYSE:MPC). 637,806 are owned by Loomis Sayles & Co Lp. The company was upgraded on Tuesday, June 21 by Capital One.

Analysts have given a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 0 are positive. As per Tuesday, January 12, the company rating was downgraded by Morgan Stanley. The stock of Trueblue Inc (NYSE:TBI) earned "Mkt Underperform" rating by Avondale on Thursday, October 20. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Finally, Royal Bank of Canada increased their target price on Marathon Oil from $20.00 to $21.00 and gave the stock a "sector perform" rating in a research note on Friday, March 10th. The firm has "Hold" rating given on Friday, May 26 by BMO Capital Markets. On Monday, August 22 the stock rating was maintained by Piper Jaffray with "Neutral". At the time of writing, the 14-day ADX for Marathon Oil Corp (MRO) is noted at 35.87. The insider Kelley Thomas M. sold $1.36M.

Investors sentiment decreased to 1.05 in 2017 Q2. Its down 0.01, from 1.15 in 2017Q1. It worsened, as 53 investors sold MPC shares while 274 reduced holdings. 383.45 million shares or 4.21% less from 400.29 million shares in 2017Q1 were reported. Maplelane Capital Ltd invested in 1 shares. VP, Supply Distrib. & Plan; Palmer C. Michael disposed a total of 4,568 shares at an average price of $52.04, amounting to approximately $237,719. Roth Capital maintained the shares of VTNR in report on Wednesday, August 23 with "Hold" rating. It dropped, as 37 investors sold PTC shares while 109 reduced holdings. Tiedemann Wealth Mgmt Ltd Co holds 17,515 shares. Fruth Management stated it has 0.09% in Marathon Oil Corporation (NYSE:MRO). Adams Diversified Equity Fund accumulated 0.37% or 125,200 shares. Oakworth holds 0.02% or 6,083 shares in its portfolio. Nomura Asset Ltd holds 0.06% of its portfolio in Marathon Petroleum Corp (NYSE:MPC) for 83,998 shares. 30,936 were reported by Allen Inv Mngmt Lc.

The Leverage Ratio of Marathon Oil Corporation (NYSE:MRO) is 0.255884. MPC has analyst rating of 1.80 on scale of 1-5.

Marathon Oil Corporation (NYSE:MRO) now has a Montier C-score of 4.00000. Of the 5 analysts surveyed by Reuters that track PKY 5 of them rate its stock a hold. Therefore 34% are positive. As per Thursday, July 13, the company rating was maintained by Credit Suisse.

Analysts await Marathon Petroleum Corp (NYSE:MPC) to report earnings on October, 26. As per Monday, August 10, the company rating was downgraded by Zacks. On Wednesday, July 5 the stock rating was upgraded by Citigroup to "Buy". Roth Capital initiated it with "Neutral" rating and $1.40 target in Wednesday, October 5 report. On Friday, December 11 the stock rating was downgraded by Argus Research to "Hold". The Piotroski F-Score of Marathon Oil Corporation (NYSE:MRO) is 4. Marathon Petroleum Corporation has a 1-year low of $40.01 and a 1-year high of $57.02.

Previously, MPC posted its 2Q17 earnings, which missed analysts' estimates. Macquarie Group Ltd. now owns 25,323,989 shares of the oil and gas producer's stock worth $438,358,000 after buying an additional 658,364 shares in the last quarter. MPC's profit will be $612.28 million for 11.67 P/E if the $1.21 EPS becomes a reality. After this sale, 63,827 common shares of MPC are directly owned by the insider, with total stake valued at $3,609,417. Ishares Convertible Bond Etf was raised too.

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