What Do Analysts Suggest For Marathon Oil Corporation (MRO)

View our latest analysis for Marathon Oil NYSE:MRO Ownership Summary Nov 11th 17 Institutional Ownership With an institutional ownership of 84.60%, MRO can face volatile stock price movements if institutions execute block trades on the open market, more so, when there are relatively small amounts of shares available on the market to trade These moves, at least in the short-term, are generally observed in an institutional ownership mix comprising of active stock pickers, in particular levered hedge funds, which can cause large price swings. Marathon Petroleum Corporation comprises approximately 0.7% of Fox Run Management L.L.C.'s holdings, making the stock its 2nd biggest holding. Lee Financial Co grew its stake in shares of Marathon Petroleum Corporation by 2.4% during the 2nd quarter. Guardian Life Insurance Co. of America now owns 2,036 shares of the oil and gas company's stock valued at $103,000 after buying an additional 14 shares during the period. Integrated Investment Consultants LLC lifted its position in shares of Marathon Oil Corporation by 33.8% during the 2nd quarter. The Marathon Oil Corporation has Relative Strength Index (RSI 14) of 72.89 along with Average True Range (ATR 14) of 0.42. JFS Wealth Advisors LLC now owns 12,453 shares of the oil and gas producer's stock worth $148,000 after purchasing an additional 2,693 shares in the last quarter.

Marathon Oil Corporation (NYSE:MRO) trades at $15.78 having a market capitalization of $13.41 billion. The stock has actually grown in the past week, as the company has gathered a 2.20% return in the past 5 trading days. Jacobi Capital Management LLC grew its stake in shares of Marathon Petroleum Corporation by 32.2% during the 1st quarter. The institutional investor owned 41,000 shares of the oil and gas company's stock after purchasing an additional 14,200 shares during the period. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Anthony R. Kenney sold 77,578 shares of Marathon Petroleum Corporation stock in a transaction dated Monday, November 6th. The disclosure for this sale can be found here. Insider Ownership Another important group of shareholders are company insiders.

Several research analysts have commented on MPC shares.

Marathon Oil Corporation (NYSE:MRO) received a Buy rating from 4 analysts. Zacks Investment Research raised Marathon Petroleum Corporation from a "sell" rating to a "hold" rating in a research report on Monday, August 7th. Credit Suisse Group restated a "buy" rating and set a $64.00 target price on shares of Marathon Petroleum Corporation in a research note on Friday, July 14th.

When it comes to the Analysis of a Stock, Price Target plays a vital role. According to buy-side analysts, moving averages work quite well in strong trending conditions, but often poorly in choppy or ranging conditions.MRO has analyst rating of 2.40 on scale of 1-5. The stock now has a consensus rating of "Buy" and a consensus price target of $62.07. Marathon Oil Corporation (NYSE:MRO) has a 20-Day average volume of 13.58 Million. Volume in the last session has increased compared with MRO's average trading volume. (NASDAQ:ADP) now has a PEG ratio of 2.67 where as its P/E ratio is 28.42.

A commonly used tool among technical stock analysts is the moving average. This is calculated by taking the earnings per share and dividing it by the last closing share price. The Return on Equity (ROE) value stands at -52%. During the same quarter in the prior year, the firm earned $0.58 EPS. During the same quarter last year, the company posted ($0.23) earnings per share. analysts predict that Marathon Oil Corporation will post -0.4 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Thursday, November 16th will be issued a $0.40 dividend. MRO has a 1-week performance of 2.2%. The ex-dividend date of this dividend is Wednesday, November 15th.

Looking at shares from a technical standpoint, Marathon Petroleum Corp (MPC) presently has a 14-day Commodity Channel Index (CCI) of 55.31.

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