Equities Analysts Offer Predictions for Marathon Oil Corporation's FY2017 Earnings (MRO)

Marathon Oil Corporation
Were Analysts Bearish Marathon Petroleum Corp (NYSE:MPC) This Week?
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01 September, 2017

Marathon Petroleum Corporation (NYSE:MPC) plunged -2.08% with the closing price of $51.43. 4,568 Marathon Petroleum Corp (NYSE:MPC) shares with value of $237,696 were sold by Palmer C. Michael. The Polaris Capital Management Llc holds 598,982 shares with $30.16M value, up from 451,182 last quarter.

Marathon Oil Corp (MRO) now has a 14-day Commodity Channel Index (CCI) of 35.79. (NYSE:HD), stock is trading $160.86 above the 52-week high and has displayed a high EPS growth of 21.10% in last 5 years. Aull And Monroe Investment Mgmt Corp has 0.12% invested in Marathon Petroleum Corp (NYSE:MPC). It has outperformed by 29.50% the S&P500. Ebay Inc (NASDAQ:EBAY) was reduced too.

Since March 6, 2017, it had 0 insider buys, and 4 sales for $3.26 million activity. Kelley Thomas M. sold $1.36M worth of Marathon Petroleum Corp (NYSE:MPC) on Wednesday, June 14.

Investors sentiment decreased to 0.93 in 2016 Q4. Its up 0.01, from 1.08 in 2016Q3. It turned negative, as 66 investors sold MPC shares while 252 reduced holdings. 30 funds opened positions while 61 raised stakes. Volume on the day was 9.15 million shares. United Automobile Association holds 679,874 shares or 0.04% of its portfolio.

Shares of Marathon Oil Corp (MRO) is moving on volatility today 3.30% or 0.36 from the open. Ameritas Invest Prtn owns 20,256 shares. Hengehold Mngmt Limited Liability Com has 0.5% invested in Marathon Petroleum Corp (NYSE:MPC). Lee Financial Co now owns 2,048 shares of the oil and gas company's stock worth $107,000 after buying an additional 48 shares in the last quarter. Vanguard Grp Inc has 0.01% invested in HNI Corp (NYSE:HNI) for 3.62M shares. Los Angeles Mngmt And Equity has invested 0.16% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Federated Invsts Pa stated it has 24,356 shares. Tide Point Ltd Partnership invested 2.39% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Ontario Teachers Pension Plan Board stated it has 0.01% of its portfolio in KeyCorp (NYSE:KEY). Vantage Inv Ltd Llc invested in 1,240 shares. The company was maintained on Wednesday, March 16 by Barclays Capital. Stanley accumulated 11,945 shares.

Zacks Investment Research upgraded Marathon Petroleum Corporation from a "sell" rating to a "hold" rating in a report on Monday, August 7th. Therefore 60% are positive. Titan Machinery had 7 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has an average rating of "Buy" and an average price target of $59.30. Jefferies maintained Marathon Petroleum Corp (NYSE:MPC) rating on Friday, August 25. Jefferies maintained the stock with "Buy" rating in Friday, August 25 report. Jefferies maintained the stock with "Buy" rating in Thursday, June 22 report. The stock of Marathon Petroleum Corp (NYSE:MPC) earned "Neutral" rating by Bank of America on Tuesday, January 5. The rating was maintained by Liberum Capital with "Buy" on Monday, February 1. On Thursday, December 15 the stock rating was downgraded by Instinet to "Neutral". Howard Weil maintained Valero Energy Corporation (NYSE:VLO) on Wednesday, October 26 with "Sector Outperform" rating. Credit Suisse Group reiterated a "buy" rating and issued a $64.00 price objective on shares of Marathon Petroleum Corporation in a report on Friday, July 14th.

Marathon Oil Corporation (NYSE:MRO) last released its quarterly earnings results on Wednesday, August 2nd. Therefore 67% are positive. The legal version of this report can be read at https://www.dispatchtribunal.com/2017/08/31/zurcher-kantonalbank-zurich-cantonalbank-acquires-18931-shares-of-marathon-petroleum-corporation-mpc.html. The company was upgraded on Monday, October 31 by Raymond James. The rating was initiated by JP Morgan on Wednesday, December 9 with "Underweight". The rating was maintained by Citigroup on Tuesday, September 13 with "Neutral". The stock now has an average rating of "Hold" and a consensus price target of $17.33. The stock has "Outperform" rating by Credit Suisse on Wednesday, July 27.

Since May 26, 2017, it had 0 buys, and 1 sale for $775,356 activity.

Westwood Holdings Group Inc increased Schlumberger Ltd (NYSE:SLB) stake by 7,896 shares to 828,963 valued at $69.59 million in 2016Q4. It also upped Accenture Plc Ireland Shs (NYSE:ACN) stake by 18,654 shares and now owns 54,519 shares.

Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.03, from 0.85 in 2016Q3. Finally, Jacobi Capital Management LLC raised its position in shares of Marathon Petroleum Corporation by 32.2% in the first quarter. Fiera holds 0% or 10,320 shares in its portfolio. The stock declined 0.52% or $0.27 reaching $52.06 per share. Independent Port Consultants reported 1,137 shares. Merriman Wealth Management Lc has invested 1.53% in HNI Corp (NYSE:HNI). Utd Capital Advisers Ltd Co holds 6,004 shares. Blackrock Fund Advsrs has invested 0.06% in Marathon Oil Corporation (NYSE:MRO). Personal Capital Corporation holds 0.15% or 40,670 shares. Edge Asset Mngmt Incorporated invested in 0.1% or 238,829 shares. Bbva Compass Retail Bank reported 24,932 shares. Pacad Limited holds 0.19% in KeyCorp (NYSE:KEY) or 80,493 shares. Corporate insiders own 1.05% of the company's stock.

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