Paradigm Asset Management Co LLC Decreased Marathon Petroleum Corp (MPC) Stake

June 27, 2018 - By Nellie Deboer

Marathon Petroleum Corporation (NYSE:MPC) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 0.9. That’s change of 0.06, from 2017Q4’s 0.96. 52 investors sold all, 322 reduced holdings as MPC ratio fall. 239 grew stakes while 98 funds acquired stakes. Funds hold 354.13 million shares thus 3.74% less from 2017Q4’s 367.91 million shares. Kings Point Mngmt stated it has 0.08% in Marathon Petroleum Corporation (NYSE:MPC). New York-based Tortoise Investment Management Ltd Limited Liability Company has invested 0% in Marathon Petroleum Corporation (NYSE:MPC). Mutual Of America Ltd Company owns 0.16% invested in Marathon Petroleum Corporation (NYSE:MPC) for 139,671 shs. Rdl Finance Inc holds 0.2% in Marathon Petroleum Corporation (NYSE:MPC) or 4,204 shs. Moreover, Jfs Wealth Advsrs Limited has 0.02% invested in Marathon Petroleum Corporation (NYSE:MPC). 71,460 were accumulated by White Pine Invest. Sumitomo Mitsui Asset Mgmt Company holds 0.04% of its capital in Marathon Petroleum Corporation (NYSE:MPC) for 34,590 shs. Schwab Charles Investment Management Incorporated has invested 0.14% in Marathon Petroleum Corporation (NYSE:MPC). New York State Common Retirement Fund stated it has 0.13% in Marathon Petroleum Corporation (NYSE:MPC). Private Advisor Grp Lc reported 5,732 shs. Sit Inv Assocs reported 414,680 shs. Assetmark stated it has 0.01% of its capital in Marathon Petroleum Corporation (NYSE:MPC). Moreover, Deroy Devereaux Private Counsel has 0.03% invested in Marathon Petroleum Corporation (NYSE:MPC) for 3,600 shs. Price T Rowe Associate Inc Md holds 0.09% or 7.62M shs in its capital. Global X Communication Limited Liability Com accumulated 0.01% or 8,800 shs.

MPC registered $3.27 million net activity with 1 buy and 2 insider sales since March 6, 2018. On Tuesday, March 13 Kelley Thomas M. sold $1.40 million worth of Marathon Petroleum Corporation (NYSE:MPC).

According to 2018Q1 Securities and Exchange filling the Paradigm Asset Management Co Llc reduced its holdings in Marathon Petroleum Corp (MPC) by 5.74%. The company’s stock popped up 16.16% while Paradigm Asset Management Co Llc sold 2,900 shares. At the end of 2018Q1, the 47,650 shares of the integrated oil company held by the institutional investor were priced at $3.48 billion, down from 50,550 at the end of the previous reported quarter. For a total of 2,687 shares it increased its holding in Heico Corp (NYSE:HEI.A) by 537 shares in the quarter, and has risen its stake in .

Marathon Petroleum Corporation (NYSE:MPC) is awaited to publish earnings on July, 26., as reported by RTT. EPS of $1.71 is 66.02 % up from 2017’s $1.03 EPS. MPC’s profit could be $789.81 million if the current EPS of $1.71 is accurate. 2,037.50 % EPS growth is what analysts predict. $0.08 EPS was reported for previous quarter.

A couple more Marathon Petroleum Corporation (NYSE:MPC) news were announced by: Investorplace.com which released on June 26, 2018 “Stick with Refiners and Wait for the OPEC Decision to Shake Out”, also Fool.com on June 25, 2018 announced “1 Metric Explains Why Oil Refinery Stocks Are Soaring Right Now”, the next Bizjournals.com is “See which Houston public cos. were the biggest winners, losers for job growth since 2009” on June 25, 2018. Bizjournals.com has article titled “Behind The Deal: Andeavor looked to be bought while closing Western Refining acquisition”.

Marathon Petroleum Corporation (NYSE:MPC) Ratings Coverage

In total 15 analysts cover Marathon Petroleum (NYSE:MPC). “Buy” rating has 13, “Sell” are 0, while 2 are “Hold”. 87% are bullish. With $97.0 highest and $66.0 lowest PT Marathon Petroleum has $85.43 average PT or 21.57% above the current ($70.27) price. 28 are the (NYSE:MPC)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Monday, April 16 the stock of Marathon Petroleum Corporation (NYSE:MPC) has “Overweight” rating given by Morgan Stanley. On Tuesday, April 24 the stock has “Hold” rating by Jefferies. The company rating was maintained by RBC Capital Markets on Tuesday, January 30. The company rating was maintained by Wells Fargo on Tuesday, May 1. On Tuesday, February 13 the stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by Goldman Sachs. On Tuesday, May 29 the stock of Marathon Petroleum Corporation (NYSE:MPC) has “Outperform” rating given by Wells Fargo. On Tuesday, March 13 the stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Overweight” rating by JP Morgan. The company rating was maintained by RBC Capital Markets on Friday, April 20. On Thursday, May 3 the rating was upgraded by Jefferies to “Buy”. On Sunday, January 21 the stock has “Buy” rating by Piper Jaffray.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Investors Chart

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