Published: Wed, December 28, 2016
Economy | By Melissa Porter

Regentatlantic Capital LLC Acquires 3001 Shares of Marathon Petroleum Corp. (MPC)

California Public Employees Retirement System cut its stake in shares of Marathon Oil Corp. Clarence P. Cazalot, Jr is one of the biggest insider owners in Marathon Oil Corporation (NYSE:MRO), according to U.S. Securities and Exchange Commission (SEC) filings. The Price to Sales (P/S) of the stock is 3.62, while P/B (Price to Book) stands at 0.81. Hartford Financial Management Inc.'s holdings in Marathon Petroleum Corp. were worth $1,577,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company.

Marathon Oil Corporation (NYSE:MRO) is now showing 70.8% EPS growth this Quarter. Trust Co. of Vermont boosted its position in shares of Marathon Oil 49.2% in the third quarter. Lingohr & Partner Asset Management GmbH boosted its stake in shares of Marathon Petroleum 87.8% in the second quarter. Mercer Capital Advisers Inc. now owns 3,692 shares of the company's stock worth $140,000 after buying an additional 3,000 shares during the last quarter. AlphaMark Advisors LLC boosted its position in shares of Marathon Petroleum 98.7% in the second quarter. Gierl Augustine Investment Management Inc now owns 3,124 shares of the company's stock valued at $119,000 after buying an additional 814 shares during the period. Hedge funds and other institutional investors own 77.79% of the company's stock.

1 Year Target estimate of Marathon Petroleum Corporation is $56.15. (NYSE:MPC) traded down 0.12% during trading on Friday, hitting $43.31. The Market Capitalization of the company stands at 26.76 Billion. The stock has a 50-day moving average of $42.32 and a 200 day moving average of $39.48. The Return on Equity now counts at 8.50%. These results showed an earnings surprise of -44.39% (Thomson Reuter's data). According to the Analysts, the Low Earnings estimate for the current quarter is $-0.25, while the High earnings estimate is $-0.03.Comparatively, EPS for the same quarter past year was $-0.06. The business earned $16.46 billion during the quarter, compared to analyst estimates of $17.18 billion. The insider owns 439,020 shares as of less than 0.1%, now worth $7928701.2.

Earnings Estimates: "24" Analysts are saying that the company to announce quarterly earnings of -0.14$ per share for current quarter period Quarter Ending Dec-16. This represents a $0.20 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Monday, November 14th. (Liquidity) Value. Marathon Oil Corporation (NYSE:MRO) has a present Q.i. value of 65.00000.

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Several insiders were part of recent insider activity for the stock. They also projected Low Price Target as $46 while High Price Target is set at $70. These price targets are a consensus analysis of 28 brokers. Instinet cut shares of Marathon Oil Corp. from a "buy" rating to a "neutral" rating and increased their target price for the stock from $15.00 to $19.00 in a report on Thursday, December 15th.

Shares of Marathon Petroleum Corp. The company has a Low Price Target of $48 and the Mean Target of $67.28, according to the Brokers. Vetr raised shares of Marathon Petroleum Corp. from a "buy" rating to a "strong-buy" rating and set a $51.50 target price for the company in a research report on Monday, September 12th.

Marathon Oil Corporation is an exploration and production company with operations in North America, Europe and Africa.

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