How Analysts Rated Marathon Petroleum Corporation (NYSE:MPC) Last Week?

September 8, 2018 - By Catherine Diaz

Marathon Petroleum Corporation (NYSE:MPC) LogoInvestors sentiment decreased to 0.9 in 2018 Q1. Its down 0.06, from 0.96 in 2017Q4. It dived, as 52 investors sold Marathon Petroleum Corporation shares while 322 reduced holdings. 98 funds opened positions while 239 raised stakes. 354.13 million shares or 3.74% less from 367.91 million shares in 2017Q4 were reported.
Blb&B Advsrs Lc accumulated 3,260 shares. Verition Fund Ltd Company, Connecticut-based fund reported 9,121 shares. Duncker Streett & Inc stated it has 0.01% in Marathon Petroleum Corporation (NYSE:MPC). Adams Natural Res Fund holds 79,000 shares. Covington Invest Advsrs reported 1.01% stake. Thompson Siegel And Walmsley Ltd reported 21,675 shares or 0.02% of all its holdings. Meiji Yasuda Life Co has 0.12% invested in Marathon Petroleum Corporation (NYSE:MPC). Franklin Resources owns 184,799 shares for 0.01% of their portfolio. Old Second Financial Bank Of Aurora accumulated 1,934 shares or 0.06% of the stock. Johnson Inv Counsel holds 11,717 shares or 0.02% of its portfolio. Stock Yards Comml Bank And Trust reported 0.14% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). First Allied Advisory Svcs owns 10,648 shares. Natixis Ltd Partnership holds 0.12% or 170,563 shares. Hengehold Mngmt Lc holds 37,788 shares or 0.72% of its portfolio. Tocqueville Asset Mngmt Lp owns 253,843 shares for 0.24% of their portfolio.

Since March 6, 2018, it had 0 insider purchases, and 2 selling transactions for $3.37 million activity. On Tuesday, March 13 the insider Kelley Thomas M. sold $1.40 million.

Marathon Petroleum Corporation (NYSE:MPC) Ratings Coverage

Among 11 analysts covering Marathon Petroleum (NYSE:MPC), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Marathon Petroleum had 20 analyst reports since March 13, 2018 according to SRatingsIntel. Wells Fargo upgraded the stock to “Outperform” rating in Tuesday, May 29 report. RBC Capital Markets maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Friday, April 13. RBC Capital Markets has “Buy” rating and $8700 target. The stock has “Buy” rating by Bank of America on Thursday, May 10. The stock of Marathon Petroleum Corporation (NYSE:MPC) has “Buy” rating given on Tuesday, March 13 by Citigroup. The firm has “Overweight” rating given on Tuesday, March 13 by JP Morgan. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Overweight” rating by JP Morgan on Friday, July 27. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Hold” rating by Tudor Pickering on Friday, May 18. Jefferies upgraded the shares of MPC in report on Thursday, May 3 to “Buy” rating. Wells Fargo maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Tuesday, May 1. Wells Fargo has “Market Perform” rating and $80 target. RBC Capital Markets maintained Marathon Petroleum Corporation (NYSE:MPC) on Friday, April 20 with “Buy” rating. Below is a list of Marathon Petroleum Corporation (NYSE:MPC) latest ratings and price target changes.

07/09/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $95 New Target: $100 Maintain
02/08/2018 Broker: Mizuho Rating: Buy New Target: $95 Initiates Coverage On
27/07/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $98 New Target: $102 Maintain
29/05/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Old Target: $80 Upgrade
18/05/2018 Broker: Tudor Pickering Rating: Hold Downgrade
10/05/2018 Broker: Bank of America Old Rating: Neutral New Rating: Buy Old Target: $88 Upgrade
03/05/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Upgrade
01/05/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $80 New Target: $88 Maintain
01/05/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $73 New Target: $80 Maintain
01/05/2018 Broker: RBC Capital Markets Old Rating: Top Pick New Rating: Outperform Downgrade

The stock decreased 0.35% or $0.29 during the last trading session, reaching $82.51. About 3.59M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.81% since September 8, 2017 and is uptrending. It has outperformed by 34.24% the S&P500.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. The company has market cap of $37.21 billion. It operates through three divisions: Refining & Marketing, Speedway, and Midstream. It has a 10.01 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.

More news for Marathon Petroleum Corporation (NYSE:MPC) were recently published by: Bizjournals.com, which released: “Marathon releases leadership roster for post-Andeavor acquisition” on August 10, 2018. Seekingalpha.com‘s article titled: “Marathon Petroleum: Not Done Yet” and published on August 29, 2018 is yet another important article.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Positions Chart

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