The institutional investor owned 115,407 shares of the oil and gas producer's stock after purchasing an additional 66,329 shares during the quarter. We will analyze the growth, profitability, risk, valuation, and insider trends of both companies and see which one investors prefer.
The stock decreased 0.13% or $0.02 during the last trading session, reaching $14.88.
A number of equities research analysts have recently issued reports on MRO shares. MPC's profit will be $439.57M for 17.62 P/E if the $0.90 EPS becomes a reality. The total dollar value of all 478.82 million outstanding shares is 30.39 billion. It also upped Sarepta Therapeutics Inc (NASDAQ:SRPT) stake by 481,890 shares and now owns 2.03 million shares. The stock decreased 0.42% or $0.3 during the last trading session, reaching $70.45. 10,756,600 shares of the company traded hands, compared to its average volume of 13,420,865.
Jefferies now has a $12.0 PT on shares of Marathon Oil (NYSE:MRO). It has outperformed by 1.89% the S&P500.
Among 32 analysts covering Marathon Oil Corporation (NYSE:MRO), 12 have Buy rating, 2 Sell and 18 Hold. Therefore 68% are positive. The stock's average target of $46.33 is -26.98% below today's ($63.445) share price. The stock has "Sector Perform" rating by RBC Capital Markets on Friday, September 2. The firm has "Buy" rating by Zacks given on Monday, August 10. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and ten have given a buy rating to the stock. The company was maintained on Thursday, July 13 by Piper Jaffray. The company was maintained on Tuesday, November 14 by Cowen & Co. The rating was upgraded by UBS on Thursday, February 2 to "Buy".
We believe stock is now overvalued due to increased demand for Marathon Petroleum Corporation stocks., likewise the PEG ratio of the company now quotes at 1.1 times which is to a degree stable for a company of the size of Marathon Petroleum Corporation. Jpmorgan Chase & Co (NYSE:JPM) was raised too. After $1.77 actual earnings per share reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -49.15% negative EPS growth. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 2.10 as current ratio and on the opponent side the debt to equity ratio was 0.55 and long-term debt to equity ratio also remained 0.55. This represents a $0.20 annualized dividend and a dividend yield of 1.38%. Moreover, Managed Asset Portfolios Llc has 3.92% invested in the company for 227,758 shares. 64 funds opened positions while 161 raised stakes. Novare Cap Ltd Llc, North Carolina-based fund reported 35,823 shares.
Currently, 0.22% of Marathon Oil Corporation (NYSE:MRO) are owned by insiders with 81.45% six-month change in the insider ownership. Grimes & holds 99,941 shares or 0.58% of its portfolio. (NYSE:MRO) by 0.9% during the third quarter, according to its most recent 13F filing with the SEC. Argent Cap Mgmt Ltd Limited Liability Company holds 1,377 shares. Prudential Inc reported 0.19% stake. Invsts Asset Mgmt Of Georgia Incorporated Ga Adv invested in 5,164 shares. First Savings Bank Of Mount Dora Inv Svcs holds 6,895 shares or 0.19% of its portfolio. Campbell & Commerce Adviser Limited Com reported 45,685 shares. 310 were accumulated by Lenox Wealth Inc. Kensico Capital Management Corp owns 9.05 million shares or 7.28% of their USA portfolio.
Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on February, 7.
With 12.60% ROE, board seems more efficient in utilizing the equity base which in turn offer a better return to share holders.
Now we take a performance look how Marathon Petroleum Corporation (MPC) has been performing in different time periods.
According to Finviz reported data, The SMA20 of the stock is at 3.64 percent, SMA50 is 9.08 percent, while SMA200 is 19.85 percent. Hotchkis & Wiley Capital Management LLC now owns 41,191,926 shares of the oil and gas producer's stock worth $558,563,000 after buying an additional 3,767,268 shares during the period. The New York-based Mason Capital Management Llc has invested 5.83% in the stock. The stock of Marathon Oil Corporation (NYSE:MRO) has "Overweight" rating given on Thursday, July 14 by Barclays Capital. The ex-dividend date of this dividend is Monday, May 15th. HSBC has "Buy" rating and $60 target. The rating was maintained by PiperJaffray with "Overweight" on Thursday, May 25. Numis Securities maintained Carnival Corporation (NYSE:CCL) on Wednesday, September 23 with "Add" rating. Susquehanna upgraded the shares of MRO in report on Friday, March 10 to "Positive" rating.
Investors sentiment decreased to 1.12 in 2017 Q2. Its down 0.03, from 1.08 in 2017Q1. It increased, as 45 investors sold MMM shares while 589 reduced holdings. 93 funds opened positions while 250 raised stakes. The oil and gas producer reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.06. 21,837 are owned by Nippon Life. Franklin Resource stated it has 18.42 million shares. Tph Asset Mngmt Ltd Liability Co stated it has 0.37% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). During the same period in the prior year, the company earned ($0.23) earnings per share. Sumitomo Mitsui Trust holds 1.25M shares. (NYSE:D). Westpac Banking reported 42,565 shares. Oppenheimer & holds 0.03% or 14,449 shares.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.