Quarterly Earnings Forecast Overview: Marathon Petroleum Corporation (MPC)

BP p.l.c. (NYSE:BP) has risen 15.51% since February 15, 2017 and is uptrending. The consensus earnings estimates for the company have stabilized at US$1.8 per share. We have $21.63 PT which if reached, will make NYSE:BANC worth $52.10M more.

Cs Mckee Lp increased its stake in Marathon Petro (MPC) by 10.09% based on its latest 2017Q3 regulatory filing with the SEC.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 20.95%, and has a solid year to date (YTD) performance of 0.12% which means that the stock is constantly adding to its value from the previous fiscal year end price. The Atlantic Trust Group Llc holds 71,543 shares with $2.75 million value, up from 57,428 last quarter. Marathon Pete Corp now has $32.73B valuation. The stock decreased 0.31% or $0.14 during the last trading session, reaching $45.24. About 953,149 shares traded.

Marathon Petroleum (NYSE:MPC) last posted its quarterly earnings results on Thursday, February 1st. It has outperformed by 2.77% the S&P500.

Marathon Oil Corporation has a consensus outperform rating from 26 Wall Street analysts, and the number of shares now sold short amount to at least 1.96% of shares outstanding. Therefore 47% are positive. Marathon Petroleum Corp had 75 analyst reports since August 10, 2015 according to SRatingsIntel. (NYSE:NKE) earned "Mkt Perform" rating by FBR Capital on Thursday, October 15. Susquehanna maintained NIKE, Inc. The stock of Novo Nordisk A/S (NYSE:NVO) has "Hold" rating given on Friday, August 28 by Zacks. The company was initiated on Monday, May 23 by UBS. Finally, ValuEngine raised shares of Marathon Petroleum from a "buy" rating to a "strong-buy" rating in a research note on Friday, February 2nd. The firm has "Buy" rating given on Friday, December 4 by Deutsche Bank. Telsey Advisory Group maintained NIKE, Inc. Jefferies has "Buy" rating and $6100 target. The rating was maintained by Morgan Stanley with "Hold" on Wednesday, July 12. Needham maintained the shares of INTC in report on Wednesday, October 19 with "Buy" rating.

The overall market is assigned a beta of 1.0. It operates through Commercial Banking and Mortgage Banking divisions. The companyÂ's deposits consist of checking, savings, money market, retirement, and interest and non-interest bearing demand accounts, as well as certificates of deposit; and commercial and consumer loan products include commercial and industrial loans, commercial real estate loans, multi-family loans, small business administration guaranteed business loans, construction and renovation loans, lease financing, single family residential mortgage loans, warehouse loans, asset-insurance-or security backed loans, home equity lines of credit, consumer and business lines of credit, home equity loans, and other consumer loans. About 2.98 million shares traded. Northstar Gru reported 30,496 shares. Burney stated it has 38,498 shares or 0.13% of all its holdings. Glg Ltd Liability reported 202,715 shares stake. (NYSE:BANC) for 23,280 shares. The price to earnings growth ration calculated as 0.70.

Kbc Group Nv, which manages about $11.02 billion US Long portfolio, upped its stake in Stryker Corp (NYSE:SYK) by 3,697 shares to 44,387 shares, valued at $6.30 million in 2017Q3, according to the filing. Bancorporation Of Montreal Can owns 1.46 million shares or 0.08% of their USA portfolio. Tiaa Cref Investment Limited Com reported 0% of its portfolio in Banc of California, Inc. To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players. 146 were reported by Glenmede Com Na. Cetera Advisor Network Lc accumulated 0.22% or 124,560 shares. Thompson Davis And holds 0.04% or 1,508 shares in its portfolio. PARKER MARK G had sold 135,000 shares worth $8.78 million on Friday, December 15. The insider Bryant Diane M sold 570 shares worth $25,360. Palmer C. Michael sold $1.12M worth of stock.

Marathon Petroleum Corporation (NYSE:MPC) was up +2.02% ($1.31) to $66.08 and showed a volume of 3.57 mln shares.

Investors sentiment is 1.03 in 2017 Q3. Its down 0.14, from 1.05 in 2017Q2.

Several other large investors have also recently added to or reduced their stakes in MPC. MHI Funds LLC acquired a new position in Marathon Petroleum in the 4th quarter valued at about $189,000. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported. The stock of Marathon Petroleum Corporation (NYSE:MPC) has "Overweight" rating given on Tuesday, January 12 by Barclays Capital. 2,600 are held by Sandy Spring Natl Bank. Cowen & Co maintained the shares of BP in report on Tuesday, February 6 with "Hold" rating. Verition Fund Mgmt holds 0.49% or 107,708 shares. Ifc Fl accumulated 0.02% or 17,429 shares.

Shares of Marathon Petroleum Corp (NYSE:MPC) opened at $68.16 on Thursday. First Republic Mngmt holds 0% or 10,124 shares in its portfolio. Bb&T Llc owns 80,257 shares. Cowen & Co maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Thursday, July 27. The company was upgraded on Tuesday, January 5 by Bank of America. Public Employees Retirement Systems Of Ohio holds 237,048 shares or 0.07% of its portfolio. The oil and gas producer reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.05. Marathon Petroleum Corporation is a part of Basic Materials sector and belongs to Oil & Gas Refining & Marketing industry.

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