GWM Advisors LLC Buys Shares of 3375 Marathon Petroleum Corp (NYSE:MPC)

Lloyd Doyle
March 14, 2018

Also, Director Charles E. Bunch purchased 1,500 shares of the firm's stock in a transaction dated Tuesday, March 6th. Cambridge Investment Research Advisors Inc who had been investing in Marathon Pete for a number of months, seems to be less bullish one the $32.69B market cap company. (NYSE:HBI) earned "Perform" rating by Oppenheimer on Tuesday, October 24. It has outperformed by 29.50% the S&P500.

Bernard Selz decreased its stake in Alliance Res Partner Lp Ut Ltd (ARLP) by 6.36% based on its latest 2017Q3 regulatory filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. The hedge fund run by Bernard Selz held 235,600 shares of the energy company at the end of 2017Q3, valued at $4.56 million, down from 251,600 at the end of the previous reported quarter. The company operates in the Energy sector with a market capitalization of 12.6 Million. The stock decreased 1.63% or $0.17 during the last trading session, reaching $10.25. About 37,549 shares traded or 102.74% up from the average. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) has declined 18.12% since March 14, 2017 and is downtrending. It has underperformed by 2.65% the S&P500. Analysts' mean recommendation for the stock is 2.00 (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 68% are positive. Citigroup upped their price objective on shares of Marathon Petroleum from $75.00 to $80.00 and gave the stock a "buy" rating in a report on Tuesday.

Marathon Oil Corporation (NYSE:MRO) received a Buy rating from 6 analysts. ValuEngine upgraded Marathon Petroleum from a buy rating to a strong-buy rating in a research note on Sunday, December 31st. Arrowstreet Capital LP owns 0.02% invested in Alliance Resource Partners, L.P. (NASDAQ:ARLP) for 402,141 shares. The firm has "Buy" rating given on Friday, December 4 by Deutsche Bank. Jefferies maintained the shares of MRO in report on Friday, November 3 with "Hold" rating.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on April, 26. They expect $1.28 earnings per share, up 6.67% or $0.08 from last year's $1.2 per share. DLA's profit will be $1.95M for 18.04 P/E if the $0.27 EPS becomes a reality. The oil and gas producer reported $0.07 EPS for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.05. Creative Planning invested in 0% or 30,690 shares. Its down 0.14, from 1.05 in 2017Q2. It fall, as 52 investors sold MPC shares while 292 reduced holdings. 85 funds opened positions while 227 raised stakes. Acadian Asset Ltd reported 1.49 million shares or 0.13% of all its holdings.

Marathon Oil Corporation (MRO) closed its previous trading session at $15.09 with the loss of -0.85%. D E Shaw reported 0.57% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported. Pr Herzig Inc holds 2.5% or 52,400 shares in its portfolio. Navellier & Associates Inc reported 54,582 shares.

Wilen Investment Management Corp. holds 8.68% of its portfolio in Delta Apparel, Inc. for 687,248 shares. The EPS of a company is strolling at 5.9. Sg Americas Securities Limited Liability Corp holds 0.02% or 39,262 shares in its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 0.12% stake. In July 2011, Marathon completed the spin-off of its refining/sales business into a separate, independent and publicly traded company Marathon Petroleum Corporation (Ticker: MPC). Horan Advisors Ltd holds 0.03% or 1,000 shares. Schroder Invest Mngmt accumulated 4.86 million shares. Corporate insiders own 1.05% of the company's stock.

On 9/14/2017 C. Michael Palmer, VP, sold 11,450 with an average share price of $53.02 per share and the total transaction amounting to $607,079.00. Marathon Petroleum Corporation (NYSE:MPC), on the other hand, is up 4.99% year to date as of 03/12/2018.

Patten Group Inc, which manages about $247.19 million US Long portfolio, decreased its stake in At&T Inc (NYSE:T) by 9,658 shares to 38,237 shares, valued at $1.50M in 2017Q3, according to the filing. It also increased its holding in Cabot Oil & Gas Corp (NYSE:COG) by 33,078 shares in the quarter, for a total of 93,878 shares, and has risen its stake in Enbridge Inc (NYSE:ENB).

Investors sentiment increased to 2.03 in Q3 2017. Motco holds 98 shares or 0% of its portfolio. Argi Inv Services Limited Liability Company reported 7,947 shares or 0.03% of all its holdings. State Street Corporation stated it has 864,355 shares. (NYSE:HBI). Dnb Asset Mgmt As has invested 0.01% in Hanesbrands Inc. For now, the company has PEG ratio of 0.60.

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