Big Money Sentiment Indicator of Marathon Petroleum Corp (NYSE:MPC) Crashed in 2018 Q1 to 0.9

June 27, 2018 - By Andre Harris

Marathon Petroleum Corporation (NYSE:MPC) Corporate Logo

Marathon Petroleum Corp’s Sentiment

“Big money sentiment for Marathon Petroleum Corp (NYSE:MPC) in 2018 Q1 decreased to 0.9, according to SEC.gov filings. That’s down -0.06, from 2017Q4’s 0.96. 337 investment managers opened new and increased stock positions, while 374 cut down and sold their stock positions in Marathon Petroleum Corp so the sentiment fall. These funds own 354.13 million shares, that’s down from 367.91 million shares in 2017Q4. Funds holding Marathon Petroleum Corp in top 10 was flat from 17 to 17 for the same number . In total 52 funds closed positions, 322 reduced and 239 increased. Also 98 funds bought new Marathon Petroleum Corp stakes.

Biggest Marathon Petroleum Corp Investors

As of 2018 Q1 Swift Run Capital Management Llc has 12.55% invested in Marathon Petroleum Corp. Marathon Petroleum Corp’s shareholder Wheatland Advisors Inc owns 87,339 shares as of 2018 Q1. Stillwater Capital Advisors Llc reported 181,617 shares. Wexford Capital Lp revealed 492,448 shares position in Marathon Petroleum Corp. The Massachusetts-based fund Polaris Capital Management Llc holds 971,682 shares or 2.62% of their stock exposure.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States.The firm is worth $32.48 billion. It operates through three divisions: Refining & Marketing, Speedway, and Midstream.10.22 is the P/E ratio. The firm refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale.

MPC touched $70.32 during the last trading session after $0.22 change.Marathon Petroleum Corporation has volume of 1.07 million shares. Since June 27, 2017 MPC has risen 46.81% and is uptrending. MPC outperformed by 34.24% the S&P 500.

On July, 26 is awaited Marathon Petroleum Corporation (NYSE:MPC)’s earnings report, as reported by Faxor. The EPS diference is $0.68 or 66.02 % up from last years number. Previous year: $1.03; Analysts forcast: $1.71. If the current EPS of $1.71 is accurate, MPC’s profit could hit $789.81 million. 2,037.50 % EPS growth is what Wall Street’s forecasts after $0.08 reported EPS last quarter.

De Burlo Grp owns 124,400 shs. Pitcairn owns 14,441 shs. Ajo Ltd Partnership accumulated 1.37% or 4.11 million shs. Morgan Stanley stated it has 3.64M shs. Bluecrest Cap Mgmt Ltd stated it has 0.27% in Marathon Petroleum Corporation (NYSE:MPC). Employees Retirement System Of Texas has invested 0.07% in Marathon Petroleum Corporation (NYSE:MPC). Andra Ap accumulated 135,100 shs. Spark Mgmt, New York-based fund reported 395,900 shs. Blackrock Inc reported 39.95M shs stake. North Star Asset Incorporated has invested 0.03% of its capital in Marathon Petroleum Corporation (NYSE:MPC). Carmignac Gestion owns 350,000 shs. 79,630 are held by Kepos Cap Lp. Amica Retiree Medical holds 2,969 shs or 0.19% of its capital. Boston Advsrs Lc holds 121,018 shs or 0.23% of its capital. The Minnesota-based Wealth Enhancement Advisory Limited Liability has invested 0.14% in Marathon Petroleum Corporation (NYSE:MPC).

Marathon Petroleum Corporation had 2 insider sales and 1 buy since March 6, 2018. This’s net activity of $3.27 million. On Wednesday, May 30 Kelley Thomas M. sold $1.97M worth of Marathon Petroleum Corporation (NYSE:MPC).

Marathon Petroleum Corporation (NYSE:MPC) Ratings Coverage

Total analysts of 15 have positions in Marathon Petroleum (NYSE:MPC) as follows: 13 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 87%. The firm has $97.0 highest while $66.0 is the lowest PT. The average target $85.43 is 21.49% above the last ($70.32) price. Since January 3, 2018 according to StockzIntelligence Inc Marathon Petroleum has 28 analyst reports. On Monday, April 9 the stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Hold” rating by Scotia Capital. On Tuesday, March 13 the firm has “Buy” rating given by Citigroup. On Friday, May 18 Tudor Pickering downgraded the shares of MPC in report to “Hold” rating. On Thursday, February 1 the stock of Marathon Petroleum Corporation (NYSE:MPC) has “Buy” rating given by Cowen & Co. On Thursday, May 3 the rating was upgraded by Jefferies to “Buy”. On Tuesday, May 1 the firm has “Market Perform” rating by Wells Fargo given. On Tuesday, May 29 the firm earned “Outperform” rating by Wells Fargo. On Thursday, March 15 Wells Fargo maintained Marathon Petroleum Corporation (NYSE:MPC) with “Hold” rating. On Thursday, May 10 the stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by Bank of America. On Tuesday, April 24 the stock has “Hold” rating by Jefferies.

A couple more Marathon Petroleum Corporation (NYSE:MPC) news were posted by: Fool.com which released on June 25, 2018 “1 Metric Explains Why Oil Refinery Stocks Are Soaring Right Now”, also Investorplace.com on June 26, 2018 posted “Stick with Refiners and Wait for the OPEC Decision to Shake Out”, 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) Institutional Investors Chart

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