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

loading...
loading...

Latest


10 October 2017
Gusty Santa Ana winds expected Monday
Dry and windy weather conditions expected in Riverside County beginning tonight will increase the risk of fires in parts of the region, according to the National Weather Service .

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
Gemmer Asset Management LLC Grows Holdings in Pfizer, Inc. (PFE)
Currently, 1.2 billion total shares are owned by the public and among those 611.62 million shares have been available to trade. The firm has "Neutral" rating by Morgan Stanley given on Friday, April 7. (NYSE: PFE ) on Monday, August 14 with "Buy" rating.

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
Namibia: More than 100 hippos die in suspected anthrax outbreak
The incident happened at Bwabwata National Park, which is one of Namibia's biggest game parks in the Zambezi region. He also said they are now monitoring the situation, and that the dead hippos are yet to be disposed of.

10 October 2017
IOS 11: How to Improve Battery Life
Since that display uses up so much power, you don't want to be draining your battery just because you forgot to lock the phone. The most obvious and simple solution is to enact Low Power Mode but it's not something you want to be using all the time.

09 October 2017
Netflix Stock Hits Record High; Plus, Banks Get Bull Notes Before Earnings
Following the completion of the transaction, the insider now directly owns 19,208 shares in the company, valued at $3,407,115.04. In other news, insider Jonathan Friedland sold 2,496 shares of the business's stock in a transaction dated Wednesday, July 19th.

09 October 2017
Woman leaves 3-year-old child in hot vehicle while visiting inmate
The 21-year-old mother is charged with child neglect. "It was a good twenty minutes, at least", Michelle Brown said. Corrections employees spotted the child outside the jail's video visitation center as they were making rounds.

09 October 2017
Thai airlines get safety boost as United Nations lifts 'red flag'
Air operator certificates of 28 locally registered airlines operating worldwide flights were reviewed. ICAO's red flag was based on its audit of the regulatory body, rather than individual airlines.

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.