Marathon Petroleum Corporation (MPC) Shares Bought by Bank of The West

Xavier Trudeau
Août 3, 2017

Mraz Amerine & Associates Inc. raised its stake in Marathon Oil Corporation (NYSE:MRO) by 0.0% during the second quarter, according to its most recent filing with the SEC. The fund owned 45,281 shares of the oil and gas producer's stock after buying an additional 4 shares during the period. Mraz Amerine & Associates Inc.'s holdings in Marathon Oil Corporation were worth $537,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of MPC.

First Interstate Financial Bank has invested 0.01% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Exane Derivatives increased its position in Marathon Oil Corporation by 38.9% in the first quarter. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Integrated Investment Consultants LLC increased its position in Marathon Oil Corporation by 33.8% in the second quarter. Ajo Lp invested in 726,985 shares or 0.15% of the stock. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. Finally, Alliancebernstein L.P. increased its position in Marathon Petroleum Corporation by 201.9% in the first quarter.

Marathon Petroleum Corporation (NYSE:MPC) traded down 0.58% during mid-day trading on Wednesday, hitting $56.20. First In owns 2,080 shares or 0.02% of their USA portfolio. The company has a 50-day moving average price of $11.91 and a 200 day moving average price of $14.51. The firm's market cap is $10.15 billion. Marathon Oil Corporation has a 52 week low of $11.20 and a 52 week high of $19.28.

Marathon Petroleum Corporation (NYSE:MPC) opened at 54.98 on Monday. American Century Companies Inc. now owns 2,042,740 shares of the oil and gas company's stock worth $103,240,000 after buying an additional 2,018,290 shares in the last quarter. This recommendation lands on a scale between 1 and 5. During the same quarter in the previous year, the company posted $1.07 earnings per share. The business's revenue was up 88.1% on a year-over-year basis. Analysts expect that Marathon Petroleum Corporation will post $2.79 earnings per share for the current year. Shareholders of record on Wednesday, August 16th will be given a $0.40 dividend. The stock has "Hold" rating by Vetr on Monday, August 17. This represents a $0.20 annualized dividend and a dividend yield of 1.68%. Duncker Streett And Inc has invested 0.01% in Marathon Petroleum Corp (NYSE:MPC).

07/20/2017 - Marathon Petroleum Corporation had its " rating reiterated by analysts at Jefferies.

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Several analysts have recently issued reports on the stock. Cetera Advisor Ltd Llc holds 0.01% in Marathon Petroleum Corp (NYSE:MPC) or 4,026 shares. Current trade price levels places MPC's stock about -0.19% away from the 52-week high and closed 47.87% away from the 52-week low. The stock of Marathon Oil Corporation (NYSE:MRO) earned "Buy" rating by KLR Group on Friday, March 24.

Among 3 analysts covering Alexander & Baldwin (NYSE:ALEX), 1 have Buy rating, 1 Sell and 1 Hold. The stock of Marathon Petroleum Corp (NYSE:MPC) has "Strong Buy" rating given on Monday, October 31 by Raymond James. The stock was sold at an average price of $53.25, for a total transaction of $213,000.00. Following the completion of the transaction, the vice president now owns 61,757 shares of the company's stock, valued at $3,288,560.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

In other news, insider Thomas M. Kelley sold 25,000 shares of the stock in a transaction on Wednesday, June 14th. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The disclosure for this sale can be found here. The stock has been downbeat for quite some time as is down -3.22% for the last 20 trading days, and now the firm's performance is turning out to be bearish with a -5.06% fall for the week. The stock had a trading volume of 1,127,528 shares. 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. JP Morgan upgraded Marathon Petroleum Corp (NYSE:MPC) on Wednesday, December 7 to "Overweight" rating. The Company also continued delineation and leasehold activity with strong results, including a STACK Meramec extended-lateral well, the Chapman, which achieved a 30-day IP averaging 3,185 boed (52% oil) expanding the volatile oil window farther west in Blaine County.

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