Economy

Edward Jones Raises Marathon Petroleum (NYSE:MPC) Stock To a "Buy" Rating

The oil and gas producer reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.10). MRO's average trading volume during the past 20 days is higher than the average volume over the past 100 days, which could be an indication that investors are feeling more certain than usual about the direction of MRO's future price movements. The original version of this report can be read at https://www.dispatchtribunal.com/2017/10/09/gsa-capital-partners-llp-boosts-stake-in-marathon-petroleum-corporation-mpc.html. It has outperformed by 38.46% the S&P500.

Analysts have given a mean recommendation of 1.80 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). The other 7, though not evenly; between analysts who think you should buy CF Industries Holdings, Inc. versus those who think you should sell it. Zacks downgraded the stock to "Buy" rating in Monday, August 10 report.

Marathon Petroleum Corporation was downgraded to "neutral" by analysts at Goldman Sachs. The firm has "Buy" rating by Canaccord Genuity given on Thursday, September 24. Of the 15 analysts surveyed by Reuters that track CF 8 of them rate its stock a hold.

On a weekly basis, the stock is 4.11%. Piper Jaffray maintained the stock with "Neutral" rating in Monday, August 22 report. Marathon Petroleum Corporation (MPC) holds the market capitalization of $28.39B along with 506.79M outstanding shares.

Ratings analysis reveals 72% of Marathon Petroleum Corp's analysts are positive.

04/29/2016 - Marathon Petroleum Corporation had its "top pick" rating reiterated by analysts at RBC Capital. The firm has "Underperform" rating by FBR Capital given on Friday, October 30. The rating was maintained by RBC Capital Markets on Thursday, July 27 with "Buy". The firm has "Overweight" rating given on Thursday, May 25 by PiperJaffray. Cowen & Co maintained Marathon Petroleum Corp (NYSE:MPC) on Friday, February 12 with "Outperform" rating.

Since May 18, 2017, it had 0 buys, and 3 insider sales for $1.81 million activity. Volume is simply the total number of buyers and sellers exchanging shares over a given period of time, usually a day. About 1.20 million shares traded. It tells an investor how quickly a company is increasing its revenues. Its up 0.26, from 1.11 in 2017Q1. 64 funds opened positions while 161 raised stakes. The active investment managers in our partner's database now hold: 383.45 million shares, down from 400.29 million shares in 2017Q1. Boston Private Wealth Ltd Llc reported 56,601 shares stake. Norinchukin Bankshares The holds 0.04% or 35,998 shares in its portfolio. For the quarter, shares have been noted at 17.62%. Pub Employees Retirement Systems Of Ohio owns 248,448 shares or 0.07% of their USA portfolio. It also reduced Vanguard Whitehall Fds Inc (VYM) stake by 19,071 shares and now owns 191,989 shares. Haverford Trust holds 0.01% or 4,998 shares. Twin Tree Limited Partnership, a Texas-based fund reported 637,163 shares. Wilen Investment Management CORP. lifted its position in shares of Marathon Petroleum Corporation by 31.3% during the second quarter.

The stock decreased 0.41% or $0.23 on October 6, reaching $56.02. Whitnell And reported 0.03% in Marathon Petroleum Corp (NYSE:MPC). Martingale Asset Management LP reported 0.03% in Marathon Petroleum Corp (NYSE:MPC). The Hewlett Packard Enterprise Company has Relative Strength Index (RSI 14) of 62.38 along with Average True Range (ATR 14) of 0.34. Tci Wealth Incorporated accumulated 507 shares or 0% of the stock. Sigma Planning Corporation stated it has 3,870 shares.

About 256,010 shares traded. Radius Health Inc (NASDAQ:RDUS) has risen 9.02% since October 9, 2016 and is uptrending. It has underperformed by 2.65% the S&P500.

Investors sentiment increased to 1.42 in Q2 2017. Its up 0.05, from 1.01 in 2017Q1. 26 funds opened positions while 48 raised stakes. Citigroup holds 0% or 49,053 shares in its portfolio. The analysts estimated mean EPS at -0.08 while the high and low EPS estimate stand at 0.23 and -0.24 respectively. The New York-based Mason Capital Management Llc has invested 5.83% in the stock.

Ironsides Asset Advisors Llc decreased Schwab Strategic Tr (FNDF) stake by 15,154 shares to 29,614 valued at $829,000 in 2017Q2.

Brokerage houses, on average, are recommending investors to buy DowDuPont Inc. Gulf National Bank & Trust (Uk) Ltd has invested 0.07% in Laboratory Corp. of America Holdings (NYSE:LH). Moreover, Arizona State Retirement System has 0.09% invested in Laboratory Corp. of America Holdings (NYSE:LH). Crestpoint Mgmt Ltd Co owns 53,600 shares or 1.32% of their U.S. portfolio. Envestnet Asset accumulated 3,915 shares.



Like this

Latest


10 October 2017
Chance the Rapper livestreams traffic stop on Instagram
Chance was riding with longtime girlfriend Kirsten Corley and their daughter Kensli when Corley was pulled over. The Chicago Sun-Times reports that almost 7 million of the Grammy Award-winner's Instagram followers watched.

10 October 2017
Vikings QB Sam Bradford expected to play vs. Bears
Bradford has missed three straight games with knee issues on the same knee that he has had surgically repaired twice. The Vikings will need a big game from Bradford, who will also have Michael Floyd back from a four-game suspension.

10 October 2017
Facebook to make ad scrutiny more stringent
Approximately $6,700 was spent on ads appearing on Instagram, the massively popular Facebook-owned photo sharing service. The ads used several messages, including anti-Muslim ads, in hopes of swaying voters in the two battleground states.

10 October 2017
Michael Jordan Making Biggest Donation Ever to NC City
The 54-year-old has been extremely philanthropic over the past few years in addition to this recent donation for local health care.

10 October 2017
Trian Takes Board Seat at General Electric
He serves on The Bank of New York Mellon Corp. board, and he formerly held board seats with Wendy's and Family Dollar Stores. CEO Robert Lane , who is retiring from GE's board after 12 years, the company said Monday.

10 October 2017
Barrick Gold Corp (USA) (ABX) EPS Estimated At $0.18
Barrick Gold Corporation on 6/29/2017 reported its EPS as $0.24 with the analysts projecting the EPS of the stock as $0.21. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable.

10 October 2017
Citigroup Inc. Increases State Street Corporation (STT) Price Target to $102.00
Finally, Hotchkis & Wiley Capital Management LLC grew its stake in State Street Corporation by 9.0% during the first quarter. As of the end of the quarter Janus Capital Management LLC had bought a total of 537,900 shares growing its stake by 694.4%.

09 October 2017
TD Ameritrade Holding Corporation (AMTD) PT Raised to $47.00
Public Employees Retirement System of OH grew its position in TD Ameritrade Holding Corporation by 10.5% during the 2nd quarter. The Manufacturers Life Insurance Company grew its position in TD Ameritrade Holding Corporation by 6.8% during the 2nd quarter.

09 October 2017
Genocea Biosciences, Inc. (GNCA) stock RSI 27.74 Signals investors to buy
The company has experienced volume of 2,519,646 shares while on average the company has a capacity of trading 1.12M share. Over the last three months, the shares of the company have changed -1.56% and performed -0.21% over the last six months.

09 October 2017
Does NeNe Leakes Disapprove of Cynthia Bailey's New Man?
Leakes made the questionable remark during a performance at the Paramount Theatre in Oakland, California, on Saturday, October 7. I will NOT stand for these slanderous comments!' Zolciak concluded.



Recommended