Northern Trust Investments, Inc. has recently announced that it has increased stake in Marathon Petroleum Corp (NYSE:MPC) by 0.12%. After grabbing 4.14 million shares, the institutional investor is now in possession of 5111.0 shares of the Energy Company. The new investment brought the stake of investor firm to 1.09% having worth around $613.83 million. Moreover, Raymond James & Associates, Inc. increased its share by 95753.0 to have a control over 4.1 million shares.
Marathon Petroleum Corp (MPC) concluded trading on Thursday at a closing price of $157.27, with 2.91 million shares of worth about $457.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.65% during that period and on Thursday, January 25 the price saw a gain of about 1.40%. Currently the company’s common shares owned by public are about 454.00M shares, out of which, 378.80M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 94 times over the past 12 months. They bought 197,637 shares in 54 of the transactions. In 40 selling transactions, insiders dumped 234,823 shares.
Vanguard Total Stock Market ETF, Vanguard 500 Index Fund, and SPDR Series – Energy Select Secto are the top 3 mutual funds which are holding stakes in Marathon Petroleum Corp Vanguard Total Stock Market ETF is currently holding 11.92 million shares of worth totaling $1.77 billion. The company recently came selling -0.61 million shares which brought its stake up to 3.14% of the company’s outstanding shares. Vanguard 500 Index Fund sold -0.47 million shares, after which its hold over company’s outstanding shares shrunk to 2.44%, leaving 9.27 million shares with the mutual fund that have a worth of about $1.38 billion. SPDR Series – Energy Select Secto, after buying 9.22 million shares, have now control over 2.43% of the stake in the company. It holds 36550.0 shares of worth $1.37 billion.
Stock saw a price change of 3.60% in past 5 days and over the past one month there was a price change of 4.24%. Year-to-date (YTD), MPC shares are showing a performance of 6.01% which increased to 20.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $104.32 but also hit the highest price of $162.31 during that period. The average intraday trading volume for Marathon Petroleum Corp shares is 3.08 million. The stock is currently trading 2.66% above its 20-day simple moving average (SMA20), while that difference is up 4.60% for SMA50 and it goes to 15.26% higher than SMA200.
Northern Trust Investments, Inc. acquired 4.14 million shares of Marathon Petroleum Corp having value of about $613.83 million. Data submitted at the U.S SEC by Northern Trust Investments, Inc. revealed that the firm now holds 5111.0 shares in the company valued at close to $803806.97, or have control over 0.12% stake in the company. Marathon Petroleum Corp (NYSE: MPC) currently have 454.00M outstanding shares and institutions hold larger chunk of about 77.39% of that. Holding of mutual funds in the company is about 38.00% while other institutional holders and individual stake holders have control over 40.21% and 1.36% of the stake respectively.
The stock has a current market capitalization of $59.72B and its 3Y-monthly beta is at 1.50. PE ratio of stock for trailing 12 months is 5.87, while it has posted earnings per share of $26.78 in the same period. It has Quick Ratio of 1.20 while making debt-to-equity ratio of 1.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MPC, volatility over the week remained 1.48% while standing at 2.42% over the month.
Analysts are in expectations that Marathon Petroleum Corp (MPC) stock would likely to be making an EPS of $2.21 in the current quarter, while forecast for next quarter EPS is $2.78 and it is $15.1 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.8 which is $2.88 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $6.65 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -16.31% while it is estimated to decrease by -31.12% in next year. EPS is likely to shrink at an annualized rate of -14.35% for next 5-years, compared to annual growth of 33.23% made by the stock over the past 5-years.
