Economy

Marathon Petroleum Corp (MPC) is Spark Investment Management LLC's Largest Position

The company's stock had a trading volume of 13,811,690 shares, compared to its average volume of 14,163,139. The institutional investor held 2.56M shares of the major banks company at the end of 2017Q3, valued at $141.23M, up from 2.55M at the end of the previous reported quarter. The company has market cap of $32.47 billion. The stock increased 1.47% or $0.8 during the last trading session, reaching $55.12. About 11.39 million shares traded or 3.89% up from the average. Monsanto Company (NYSE:MON) has risen 15.46% since February 25, 2017 and is uptrending. It has underperformed by 7.03% the S&P500. Dimensional Fund Advisors LP boosted its holdings in Marathon Petroleum by 0.6% in the third quarter. The hedge fund held 1.20 million shares of the broadcasting company at the end of 2017Q3, valued at $69.88 million, up from 1.17M at the end of the previous reported quarter. Janus Henderson Group PLC now owns 603,168 shares of the oil and gas company's stock worth $31,565,000 after purchasing an additional 536,795 shares in the last quarter.

Marathon Oil (NYSE:MRO) last released its quarterly earnings data on Wednesday, February 14th. The shares were sold at an average price of $64.75, for a total transaction of $2,305,359.00.

Marathon Petroleum Corporation (MPC) in the last quarter reported its actual EPS of $1.03/share where the analyst estimated EPS was $0.95/share. It has outperformed by 17.82% the S&P500. About 859,390 shares traded.

Investors sentiment decreased to 0.91 in Q3 2017. 665.82 million shares or 1.16% less from 673.63 million shares in 2017Q2 were reported. It dropped, as 38 investors sold MRO shares while 190 reduced holdings. 84 funds opened positions while 244 raised stakes. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. Palmer C. Michael also sold $607,079 worth of Marathon Petroleum Corporation (NYSE:MPC) shares. Breton Hill Capital Ltd reported 67,782 shares. Mai Cap Mgmt has invested 0.41% in Marathon Petroleum Corporation (NYSE:MPC). Community Bancshares Na stated it has 344 shares or 0% of all its holdings. Marathon Petroleum accounts for approximately 1.5% of Ferris Capital LLC's portfolio, making the stock its 15th biggest holding. Amer Century has invested 0.13% in Marathon Petroleum Corporation (NYSE:MPC). Confluence Wealth Mngmt Limited Liability Corp holds 0.62% or 22,804 shares in its portfolio. Royal Savings Bank Of Canada holds 0.02% or 838,411 shares in its portfolio. 3,652 are owned by First Heartland Consultants. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have issued a buy rating to the company. Therefore 50% are positive.

On average, analysts expect that Marathon Petroleum will report full-year sales of $21.13 billion for the current fiscal year, with estimates ranging from $66.46 billion to $109.91 billion. On Thursday, June 1 the stock rating was maintained by RBC Capital Markets with "Buy". On Wednesday, January 10 the stock rating was maintained by Scotia Capital with "Hold". The stock has "Outperform" rating by Wedbush on Friday, September 9. The firm has "Buy" rating by Vetr given on Monday, August 24. Barclays Capital maintained the stock with "Overweight" rating in Tuesday, October 10 report. They set an "outperform" rating and a $20.00 price target for the company. The firm earned "Buy" rating on Sunday, January 21 by Piper Jaffray. The rating was maintained by Cowen & Co on Thursday, February 1 with "Buy".

Reaves W H & Company Inc, which manages about $3.03 billion and $2.76 billion US Long portfolio, upped its stake in Centurylink Inc (NYSE:CTL) by 877,985 shares to 2.45 million shares, valued at $46.29 million in 2017Q3, according to the filing.

Investors sentiment increased to 0.7 in Q3 2017. Its down 0.14, from 0.98 in 2017Q2. It is negative, as 95 investors sold SBUX shares while 448 reduced holdings. 63 funds opened positions while 146 raised stakes. Bnp Paribas Arbitrage Sa reported 458,589 shares. Novare Management Lc holds 0.75% or 79,692 shares in its portfolio. Nippon Life Insur invested 0.05% in Starbucks Corporation (NASDAQ:SBUX). Apg Asset Mgmt Nv has 9.84 million shares. 86,701 are owned by Roanoke Asset Mngmt Corp Ny. Next Fincl Group Inc Inc accumulated 0.06% or 4,600 shares. Macquarie has 970,954 shares for 0.1% of their portfolio. Indiana And Investment Co holds 2.07% or 27,901 shares in its portfolio. Atria Investments Ltd Limited Liability Company reported 0.08% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). State Teachers Retirement Systems has 0.04% invested in Marathon Oil Corporation (NYSE:MRO). 1,700 are owned by Catalyst Cap Advisors Ltd Liability.

Since September 11, 2017, it had 0 buys, and 12 insider sales for $78.30 million activity. MIZELL STEVEN sold $1.38 million worth of Monsanto Company (NYSE:MON) on Monday, October 9. ULLMAN MYRON E III also sold $1.23 million worth of Starbucks Corporation (NASDAQ:SBUX) shares. Marathon Oil now has a consensus rating of "Hold" and a consensus target price of $18.32. Starbucks Corporation had 100 analyst reports since July 28, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, October 3 by Goldman Sachs.

MRO has been the subject of several research reports. The firm has "Overweight" rating given on Thursday, May 25 by PiperJaffray. Scotiabank reiterated a "hold" rating and issued a $75.00 price objective on shares of Marathon Petroleum in a report on Wednesday, January 10th. The stock of Starbucks Corporation (NASDAQ:SBUX) earned "Buy" rating by Jefferies on Tuesday, August 22. (NASDAQ:MERC) on Wednesday, December 20. RBC Capital Markets has "Buy" rating and $7100 target. Sandler O'Neill upgraded The Progressive Corporation (NYSE:PGR) on Thursday, December 17 to "Hold" rating.



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