Among 17 analysts covering Marathon Petroleum Corp (NYSE:MPC), 14 have Buy rating, 0 Sell and 3 Hold. BlackRock Inc. increased its stake in shares of Marathon Petroleum Corporation by 2,779.4% in the first quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of MRO. Guardian Life Insurance Co. of America raised its position in Marathon Petroleum Corporation by 0.7% in the first quarter. LLC now owns 10,083 shares of the oil and gas producer's stock worth $159,000 after buying an additional 83 shares during the period. FMR LLC boosted its position in shares of Marathon Petroleum Corporation by 109.5% in the first quarter. Pitcairn Company sold 6,741 shares as Marathon Pete Corp (MPC)'s stock rose 5.52%. Carroll Financial Associates Inc. increased its position in Marathon Petroleum Corporation by 12.3% in the first quarter. Alliancebernstein L.P. now owns 2,758,794 shares of the oil and gas company's stock worth $139,429,000 after buying an additional 1,844,941 shares during the last quarter. Meiji Yasuda Asset Management Limited holds 0.1% of its portfolio in Marathon Petroleum Corp (NYSE:MPC) for 17,740 shares. Finally, Barclays PLC reiterated a "hold" rating and issued a $15.00 target price (down from $17.00) on shares of Marathon Oil Corporation in a research report on Thursday, April 20th. As of quarter end Twin Tree Management, Lp had disposed of 310,600 shares trimming its holdings by 28.1%. The Bank Of America Corp holds 487,095 shares with $8.14M value, up from 464,408 last quarter. It tells an investor how quickly a company is increasing its revenues.
Marathon Petroleum Corporation (NYSE:MPC) opened at 55.89 on Friday.
The P/E ratio is now 30.87 and the market cap is 26.21B. Marathon Oil Corporation has a 52 week low of $11.20 and a 52 week high of $19.28. The stock has a 50 day moving average of $11.90 and a 200-day moving average of $14.32. The ROIC 5 year average of Marathon Petroleum Corporation (NYSE:MPC) is 0.200651. The oil and gas company reported $1.03 EPS for the quarter, missing analysts' consensus estimates of $1.04 by $0.01.
Looking at some ROIC (Return on Invested Capital) numbers, Marathon Petroleum Corporation (NYSE:MPC)'s ROIC Quality Score is 4.591891. During the same period in the prior year, the company earned ($0.23) EPS. On average, equities analysts expect that Marathon Oil Corporation will post ($0.45) earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, September 11th. State Teachers Retirement Sys invested in 0.06% or 1.28M shares.
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MPC has been the subject of a number of research reports.
Marathon Petroleum Corporation (MPC) declined 1.47% on early Wednesday, reaching $52.21. Three analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have issued a buy rating to the stock. New England Research & Management Inc. increased its position in Marathon Oil Corporation by 32.8% in the first quarter. Scotiabank reaffirmed a "hold" rating and issued a $54.00 target price on shares of Marathon Petroleum Corporation in a research report on Friday, April 28th. As per Tuesday, December 15, the company rating was upgraded by Howard Weil. The company presently has an average rating of "Buy" and an average price target of $58.62. Also, insider Thomas M. Kelley sold 25,000 shares of the stock in a transaction on Wednesday, June 14th. The total dollar value of all 850.00 million outstanding shares is 10.37 billion. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In a transaction dated March 10, 2015, the shares were bought at an average price of $26, giving away a sum of $748,566. Creative Planning now owns 140,117 shares of the oil and gas producer's stock worth $2,214,000 after buying an additional 88,026 shares during the period. The disclosure for this sale can be found here. The same analysts are predicting that the company shares will trade to $16.04 within the next 12-18 months. The Firm operates through three divisions: Refining & Marketing; Speedway; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at the Company's seven refineries in the Gulf Coast and Midwest regions of the United States.