Marathon Oil (MRO) Stock Rating Upgraded by JPMorgan Chase & Co

01 January, 2018, 05:05 | Author: Luis Fowler

The firm has a market capitalization of $14,384.81, a PE ratio of -2.03 and a beta of 2.39. The stock decreased 2.82% or $0.1034 during the last trading session, reaching $3.5666. It has underperformed by 6.98% the S&P500.

Cubic Asset Management Llc decreased its stake in Ares Capital Corp (ARCC) by 9.31% based on its latest 2017Q3 regulatory filing with the SEC. Groetelaars John P sold $7.55M worth of stock. Zurcher Kantonalbank (Zurich Cantonalbank) owns 0.02% invested in CDW Corporation (NASDAQ:CDW) for 29,165 shares. Marathon Petroleum Corp now has $32.23B valuation. The stock increased 0.66% or $0.19 during the last trading session, reaching $28.92. Therefore 42% are positive. The stock of Marathon Oil Corporation (NYSE:MRO) earned "Buy" rating by Seaport Global on Tuesday, December 19. Barclays Capital has "Overweight" rating and $15.0 target. The stock has "Outperform" rating by Oppenheimer on Monday, August 10. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned "Buy" rating by Cowen & Co on Tuesday, November 14. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since December 31, 2016 and is uptrending. Cowen & Co maintained the shares of MPC in report on Thursday, July 13 with "Buy" rating. Seaport Global downgraded the shares of MRO in report on Tuesday, August 30 to "Neutral" rating. The firm has "Buy" rating by Jefferies given on Monday, July 10. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the stock. The oil and gas producer reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.06. After $0.43 actual earnings per share reported by Aaron's, Inc. for the previous quarter, Wall Street now forecasts 27.91% EPS growth.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.14, from 1.05 in 2017Q2.

California State Teachers Retirement System reduced its holdings in shares of Marathon Petroleum Corp (NYSE:MPC) by 6.7% in the third quarter, according to its most recent filing with the SEC. 75 funds opened positions while 275 raised stakes. The hedge fund run by Kenneth Mario Garschina held 1.41M shares of the integrated oil company at the end of 2017Q3, valued at $79.29M, down from 1.70 million at the end of the previous reported quarter. Eagle Ridge Invest Mngmt invested 0.04% of its portfolio in Marathon Oil Corporation (NYSE:MRO). New York-based Guardian Life Insurance Of America has invested 0% in Marathon Oil Corporation (NYSE:MRO). Arrow Corp accumulated 0% or 100 shares. Fulton Fincl Bank Na stated it has 21,842 shares.

The most recent non open market insider trade was completed by KRAJICEK CATHERINE LEE on 10/30/2017, and was a disposition of 1,457 shares with a final price of $14.04. Pittenger Anderson reported 0.28% stake. Wellington Mgmt Ltd Liability Partnership reported 6.39M shares stake. Geode Capital Management Lc owns 1.41M shares. Wendell David stated it has 44,260 shares.

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Marathon Oil (NYSE:MRO) was upgraded by investment analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a research note issued to investors on Friday, December 15th, MarketBeat reports. Quantbot Technology Lp, a New York-based fund reported 80,703 shares.

The top 5 institutional holders, in ascending order, are as follows: BLACKROCK INC. with 98.1 million shares, VANGUARD GROUP INC with 87.37 million shares, MACQUARIE GROUP LTD with 54.53 million shares, STATE STREET CORP with 46.74 million shares, and HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC with 41.19 million shares. Woodley Ryan K sold $300,177 worth of stock or 6,776 shares. On Thursday, July 13 the stock rating was maintained by Credit Suisse with "Buy". Arrowstreet Capital Limited Partnership reported 2.11 million shares.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.01, from 0.93 in 2017Q2. It increased, as 57 investors sold BCR shares while 239 reduced holdings. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported. Prudential reported 0.13% in CubeSmart (NYSE:CUBE). M&T Bank holds 0.01% or 104,945 shares in its portfolio. Ngam Advsr Lp has 0.19% invested in Ares Capital Corporation (NASDAQ:ARCC). Sumitomo Mitsui Asset Management Communications has invested 0.12% in CubeSmart (NYSE:CUBE). Foundry Prtn holds 0.29% of its portfolio in Aaron's, Inc. 29,905 were accumulated by Savings Bank. The Westchester Capital Management Llc holds 18,900 shares with $1.06M value, down from 499,300 last quarter. They expect $3.11 earnings per share, up 12.27% or $0.34 from last year's $2.77 per share. Westwood Holdings Grp Incorporated holds 0.01% or 49,215 shares in its portfolio. Cetera Limited Liability Company holds 0.03% in Ares Capital Corporation (NASDAQ:ARCC) or 28,876 shares. Aviva Public Ltd Com has invested 0.17% in The Charles Schwab Corporation (NYSE:SCHW). Moreover, Pacad Investment has 0.03% invested in CubeSmart (NYSE:CUBE). Therefore 60% are positive. CubeSmart had 39 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Equal-Weight" rating on Thursday, November 2 by Morgan Stanley. Jefferies maintained the stock with "Hold" rating in Friday, August 4 report. As per Wednesday, October 7, the company rating was upgraded by Wells Fargo. The stock has "Hold" rating by Tudor Pickering on Friday, November 6. The stock has "Buy" rating by RBC Capital Markets on Thursday, August 31. Robert W. Baird initiated CubeSmart (NYSE:CUBE) on Thursday, July 23 with "Outperform" rating.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 11th. The stock has "Outperform" rating by FBR Capital on Thursday, June 23.

Since September 14, 2017, it had 0 insider buys, and 5 sales for $7.73 million activity. Palmer C. Michael had sold 11,450 shares worth $607,079 on Thursday, September 14. $595,392 worth of CubeSmart (NYSE:CUBE) was sold by Perry Jonathan L on Wednesday, December 13. Howard Weil upgraded it to "Sector Outperform" rating and $62.0 target in Tuesday, December 15 report. On average, equities analysts anticipate that Marathon Oil Co. will post ($0.20) EPS for the current fiscal year.

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