Analysts See $1.04 EPS for Marathon Petroleum Corporation (MPC)

January 20, 2018 - By Hazel Jackson

 Analysts See $1.04 EPS for Marathon Petroleum Corporation (MPC)
Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.14, from 1.05 in 2017Q2. It is negative, as 52 investors sold Marathon Petroleum Corporation shares while 292 reduced holdings. 85 funds opened positions while 227 raised stakes. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported.
Thompson Siegel & Walmsley Llc reported 440,523 shares or 0.3% of all its holdings. Fiduciary Com invested in 0.08% or 47,026 shares. Royal Bancshares Of Canada has 838,411 shares for 0.02% of their portfolio. Utah Retirement Systems holds 92,122 shares or 0.12% of its portfolio. Samlyn Cap Ltd Liability reported 308,467 shares. Mason Cap Mngmt Limited Com holds 1.41M shares. State Board Of Administration Of Florida Retirement holds 0.12% or 763,698 shares in its portfolio. Wetherby Asset Mngmt stated it has 8,939 shares. Ls Invest Advsr Ltd reported 19,971 shares. Markston Intl Lc has 243,976 shares. Lincoln invested in 0.01% or 3,640 shares. Public Employees Retirement Association Of Colorado holds 0.04% or 95,892 shares. Sumitomo Life Insur holds 0.4% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 55,994 shares. Qs Investors Ltd Co accumulated 199,413 shares. Jefferies Group Limited Liability Co stated it has 182,975 shares.

Since September 14, 2017, it had 0 buys, and 5 sales for $7.73 million activity. Nichols Rodney P. sold $413,864 worth of Marathon Petroleum Corporation (NYSE:MPC) on Thursday, December 14. The insider Kelley Thomas M. sold 35,604 shares worth $2.31 million.

Analysts expect Marathon Petroleum Corporation (NYSE:MPC) to report $1.04 EPS on February, 7.They anticipate $0.61 EPS change or 141.86 % from last quarter’s $0.43 EPS. MPC’s profit would be $507.95M giving it 17.28 P/E if the $1.04 EPS is correct. After having $1.77 EPS previously, Marathon Petroleum Corporation’s analysts see -41.24 % EPS growth. The stock increased 0.56% or $0.4 during the last trading session, reaching $71.89. About 3.89M shares traded or 2.31% up from the average. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since January 20, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Marathon Petroleum Corporation (NYSE:MPC) Ratings Coverage

Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Marathon Petroleum Corp had 68 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was initiated by UBS on Thursday, May 19 with “Sell”. The rating was maintained by Credit Suisse with “Buy” on Thursday, July 13. The company was downgraded on Tuesday, August 11 by Vetr. RBC Capital Markets maintained Marathon Petroleum Corporation (NYSE:MPC) on Wednesday, December 20 with “Buy” rating. The stock has “Hold” rating by Scotia Capital on Thursday, December 21. The rating was upgraded by Bank of America to “Neutral” on Tuesday, January 5. The rating was initiated by Jefferies with “Buy” on Tuesday, August 23. Jefferies maintained Marathon Petroleum Corporation (NYSE:MPC) on Friday, August 25 with “Buy” rating. On Wednesday, January 10 the stock rating was maintained by Scotia Capital with “Hold”. The firm has “Overweight” rating given on Thursday, May 25 by PiperJaffray.

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 $35.11 billion. It operates through three divisions: Refining & Marketing, Speedway, and Midstream. It has a 22.8 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 recent Marathon Petroleum Corporation (NYSE:MPC) news were published by: Prnewswire.com which released: “Marathon Petroleum Corp. to announce 2017 fourth-quarter and full-year …” on January 08, 2018. Also Reuters.com published the news titled: “Marathon lays off 64 salaried employees at Galveston Bay refinery” on January 16, 2018. Nasdaq.com‘s news article titled: “3 Reasons Why Marathon Petroleum (MPC) is a Great Momentum Stock” with publication date: January 18, 2018 was also an interesting one.

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