Piper Jaffray Companies Reaffirms "Buy" Rating for Marathon Petroleum (NYSE:MPC)

The institutional investor held 32,379 shares of the integrated oil company at the end of 2017Q3, valued at $1.82 million, down from 38,600 at the end of the previous reported quarter. C H Robinson Worldwide Inc now has $12.82 billion valuation. The stock increased 4.17% or $5 during the last trading session, reaching $124.87. About 137,053 shares traded.

More recent Marathon Petroleum Corporation (NYSE:MPC) news were published by: Forbes.com which released: "Marathon Continues Its Long Run" on March 06, 2018. It has underperformed by 24.55% the S&P500.

Cushing Asset Management Lp decreased its stake in Marathon Pete Corp (MPC) by 30.91% based on its latest 2017Q3 regulatory filing with the SEC. Millennium Management LLC now owns 5,209,211 shares of the oil and gas company's stock worth $343,704,000 after buying an additional 1,019,354 shares during the last quarter. Marathon Pete Corp now has $33.31 billion valuation.

Shares of Marathon Petroleum Corp (NYSE:MPC) traded up $1.19 during trading hours on Friday, hitting $70.22. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported. (NASDAQ:MPWR) has risen 53.09% since March 11, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Since September 14, 2017, it had 0 insider buys, and 5 selling transactions for $7.73 million activity. Creative Planning sold 130,175 shares as Marathon Oil Corp (MRO)'s stock declined 10.47%.

Among 3 analysts covering Innophos Holdings (NASDAQ:IPHS), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 100% are positive. Marathon Petroleum Corp had 76 analyst reports since August 10, 2015 according to SRatingsIntel. Wolfe Research downgraded Marathon Oil from an "outperform" rating to a "market perform" rating in a research note on Tuesday, January 30th. The company was maintained on Thursday, July 13 by Piper Jaffray. Jefferies Group lifted their price objective on Marathon Oil from $14.00 to $16.50 and gave the stock a "buy" rating in a research report on Friday, November 3rd. The firm has "Top Pick" rating given on Thursday, February 4 by RBC Capital Markets. SunTrust maintained it with "Buy" rating and $135.0 target in Friday, October 27 report. The stock presently has a consensus rating of "Buy" and an average target price of $78.08. Bremer Trust Natl Association invested 0.61% in Marathon Petroleum Corporation (NYSE:MPC). Following the sale, the vice president now directly owns 74,674 shares in the company, valued at $4,848,582.82.


Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on April, 26. The oil and gas company reported $1.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.00 by $0.05. MRO's profit will be $76.48M for 42.28 P/E if the $0.09 EPS becomes a reality. The firm's quarterly revenue was up 22.9% on a year-over-year basis. analysts predict that Marathon Petroleum will post 4.91 earnings per share for the current fiscal year.

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.10, from 0.85 in 2017Q2. It increased, as 52 investors sold MPC shares while 292 reduced holdings. 31 funds opened positions while 60 raised stakes.

Several analysts have issued reports on MPC shares. Rainier Investment Limited Liability Company holds 0.63% or 11,790 shares. (NYSE:MRO) by 72.8% during the fourth quarter, HoldingsChannel.com reports. Following the completion of the transaction, the director now owns 12,853 shares of the company's stock, valued at approximately $866,035.14. Private Advisor Grp Inc Ltd Llc reported 0.02% in Marathon Petroleum Corporation (NYSE:MPC).

Marathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi.

Marathon Oil Corporation operates as an energy company. Lpl Fincl Limited Liability Company holds 0.01% of its portfolio in Ulta Beauty, Inc. Sg Americas Securities Limited Liability holds 0.01% or 15,384 shares. Delta Asset Mgmt Limited Tn accumulated 0% or 15 shares. New York-based Meyer Handelman has invested 0.91% in Marathon Petroleum Corporation (NYSE:MPC). The New York-based Spark Inv Mngmt has invested 0.93% in Marathon Petroleum Corporation (NYSE:MPC).

Marathon Petroleum earned a media sentiment score of 0.22 on Accern's scale. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.30 and a quick ratio of 1.24. It dropped, as 57 investors sold CHRW shares while 128 reduced holdings. 63 funds opened positions while 146 raised stakes. Fund Management owns 813,665 shares. Prudential Financial owns 221,651 shares for 0.02% of their portfolio. Avalon Advsrs Lc accumulated 0.01% or 25,000 shares. Seizert Prns Ltd reported 787,815 shares stake. (NASDAQ:ULTA) for 322,757 shares. The stock was acquired at an average price of $67.38 per share, for a total transaction of $101,070.00. 2,637 are owned by Clarivest Asset Management Ltd Limited Liability Company. Commonwealth Of Pennsylvania School Empls Retrmt holds 0.02% of its portfolio in Ulta Beauty, Inc. Ftb Advisors Inc reported 1,977 shares or 0.01% of all its holdings. First Allied Advisory Service holds 0.03% or 2,922 shares in its portfolio. (NASDAQ:ULTA) to report earnings on March, 15 after the close. The rating was maintained by William Blair with "Buy" on Monday, September 21. Therefore 39% are positive. Societe Generale upgraded Marathon Oil from a "hold" rating to a "buy" rating in a research report on Thursday, November 2nd. The stock of Ulta Beauty, Inc. (NASDAQ:CHRW) earned "Buy" rating by BB&T Capital on Monday, September 28. On Monday, August 24 the stock rating was downgraded by Bank of America to "Neutral". The rating was maintained by Barclays Capital with "Overweight" on Tuesday, January 12. (NASDAQ:MPWR) on Tuesday, October 27 with "Buy" rating. FinnCap has " rating and $220 target. Howard Weil maintained the shares of MPC in report on Thursday, February 4 with "Sector Outperform" rating. As per Friday, August 25, the company rating was maintained by RBC Capital Markets. The rating was initiated by UBS on Thursday, May 19 with "Sell".

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