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Published: Mon, January 01, 2018
Economy | By Melissa Porter

Marathon Oil Corporation (MRO) Insider sold 1457 Shares


The stock decreased 0.82% or $0.14 during the last trading session, reaching $16.93. With 12.93 million shares average volume, it will take short sellers 2 days to cover their MRO's short positions. Utah Retirement Systems increased its stake in shares of Marathon Oil by 0.4% during the second quarter. It has outperformed by 29.50% the S&P500. Acropolis Investment Management Llc who had been investing in Marathon Pete Corp for a number of months, seems to be less bullish one the $32.23 billion market cap company. The institutional investor held 14,287 shares of the integrated oil company at the end of 2017Q3, valued at $1.72 million, down from 42,350 at the end of the previous reported quarter. 113,728 were accumulated by Boston Advsrs Ltd Com. They expect $1.04 EPS, up 141.86 % or $0.61 from last year's $0.43 per share. About 8,077 shares traded. CareDx, Inc (NASDAQ:CDNA) has declined 74.10% since December 31, 2016 and is downtrending. It has underperformed by 3.92% the S&P500.

Investors of record on Thursday, November 16th were paid a dividend of $0.40 per share. The stock decreased 0.59% or $1.95 during the last trading session, reaching $331.24. It dived, as 38 investors sold Marathon Oil Corporation shares while 190 reduced holdings. The oil and gas company reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.29. Prudential Public Ltd has 0% invested in Marathon Petroleum Corporation (NYSE:MPC). Commonwealth Bank of Australia now owns 174,826 shares of the oil and gas company's stock worth $9,147,000 after purchasing an additional 3,097 shares in the last quarter. Credit Agricole S A has invested 0.03% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Acropolis Investment Management Llc sold 28,063 shares as the company's stock rose 5.52% with the market. Janney Montgomery Scott Ltd Limited Liability Company holds 0.01% or 34,804 shares. Scotia Cap holds 0.01% or 7,972 shares in its portfolio. 55,994 are held by Sumitomo Life Ins Company. Morgan Stanley downgraded the shares of MRO in report on Tuesday, January 12 to "Equal-Weight" rating. Cypress Asset Management Inc Tx holds 4,479 shares. Vanguard Grp Inc Inc holds 7.90M shares. Cullen Frost Bankers Incorporated holds 6,501 shares. Mitsubishi Ufj Trust & Banking reported 0.04% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Pittenger Anderson reported 0.28% stake.

Since September 14, 2017, it had 0 insider buys, and 5 sales for $7.73 million activity. Marathon Oil Corporation (NYSE:MRO) has risen 14.05% since December 31, 2016 and is uptrending. On average, equities research analysts anticipate that Marathon Petroleum Corp will post $2.90 earnings per share for the current fiscal year.

Wexford Capital Lp, which manages about $6.34B and $1.17B US Long portfolio, decreased its stake in Aercap Holdings Nv (NYSE:AER) by 603,124 shares to 395,506 shares, valued at $20.21 million in 2017Q3, according to the filing. Natixis accumulated 27,362 shares. Dupont Capital Management Corp purchased a new position in shares of Marathon Oil during the second quarter worth approximately $122,000. Therefore 68% are positive. Finally, Citigroup raised their target price on shares of Marathon Petroleum from $67.00 to $69.00 and gave the stock a "buy" rating in a research report on Wednesday, October 18th. Deutsche Bank has "Buy" rating and $66 target. Zacks Investment Research upgraded shares of Marathon Oil from a "hold" rating to a "buy" rating and set a $17.00 target price for the company in a research note on Monday, November 6th. The firm has "Buy" rating given on Thursday, June 22 by Jefferies. On Wednesday, June 21 the stock rating was downgraded by Seaport Global to "Sell". The stock has "Hold" rating by Jefferies on Friday, November 3. Wells Fargo & Co lowered shares of Marathon Petroleum from an "outperform" rating to a "market perform" rating and reduced their price objective for the company from $65.00 to $56.00 in a research note on Tuesday, September 5th. Societe Generale upgraded shares of Marathon Oil from a "hold" rating to a "buy" rating in a research report on Thursday, November 2nd. (NYSE:BCR). Tru Of Oklahoma owns 8,945 shares or 1.43% of their USA portfolio. Moreover, Farmers Merchants has 0.54% invested in MetLife, Inc. Its down 0.01, from 0.93 in 2017Q2. Tokio Marine Asset Mgmt Comm Limited stated it has 4,874 shares. Barclays Public Ltd, United Kingdom-based fund reported 126 shares. Mufg Americas Holdg holds 0.05% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 27,667 shares. Calamos Wealth Management Limited Liability Company holds 1,000 shares. 675 were reported by Reynders Mcveigh Mgmt Ltd. Chase Investment Counsel has 0.49% invested in C. R. Bard, Inc. Seaport Global Securities also issued estimates for Marathon Oil's Q1 2018 earnings at $0.01 EPS, Q2 2018 earnings at $0.01 EPS, Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.04 EPS and FY2018 earnings at $0.09 EPS. Vantage Invest Advsr Limited Co owns 668 shares or 0.01% of their U.S. portfolio. Tcw reported 0.05% in Independence Holding Company (NYSE:IHC). 1,335 were reported by Barnett. Marathon Oil reported earnings per share of ($0.10) in the same quarter last year, which suggests a positive year-over-year growth rate of 70%. It also increased its holding in Yandex N V (Call) by 175,600 shares in the quarter, for a total of 294,600 shares, and has risen its stake in Nrg Energy Inc (Call). Nationwide Fund Advsr has 6,013 shares for 0% of their portfolio.

FieldPoint Petroleum Corporation engages in the acquisition, development, and operation of oil and natural gas properties in the United States.

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