Shares of Marathon Petroleum Corp. (NYSE:MPC) were up 1.3% on Tuesday . The company traded as high as $37.69 and last traded at $37.53, with a volume of 4,975,778 shares traded. The stock had previously closed at $37.04.

Several equities analysts have commented on MPC shares. Goldman Sachs Group Inc. dropped their price target on shares of Marathon Petroleum Corp. from $49.00 to $48.00 and set a “buy” rating on the stock in a research note on Monday, March 21st. Zacks Investment Research upgraded shares of Marathon Petroleum Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, April 5th. Citigroup Inc. reiterated a “buy” rating on shares of Marathon Petroleum Corp. in a research note on Wednesday, May 18th. Howard Weil lowered shares of Marathon Petroleum Corp. from a “sector outperform” rating to a “sector perform” rating and set a $42.00 price target on the stock. in a research note on Monday, July 11th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Marathon Petroleum Corp. from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Friday, June 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Marathon Petroleum Corp. has a consensus rating of “Buy” and a consensus price target of $53.65.

The company’s 50 day moving average price is $35.98 and its 200-day moving average price is $37.34. The firm has a market capitalization of $19.88 billion and a P/E ratio of 10.28.

Marathon Petroleum Corp. (NYSE:MPC) last announced its earnings results on Thursday, April 28th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.15 by $0.14. The business earned $12.83 billion during the quarter, compared to the consensus estimate of $13.08 billion. The firm’s quarterly revenue was down 25.6% compared to the same quarter last year. During the same quarter last year, the firm posted $3.24 earnings per share. On average, analysts expect that Marathon Petroleum Corp. will post $2.69 EPS for the current year.

In other news, Director Steven A. Davis purchased 1,500 shares of the company’s stock in a transaction that occurred on Thursday, May 26th. The shares were acquired at an average cost of $34.70 per share, with a total value of $52,050.00. Following the transaction, the director now owns 9,472 shares in the company, valued at approximately $328,678.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Charles E. Bunch purchased 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 2nd. The shares were purchased at an average cost of $38.56 per share, for a total transaction of $77,120.00. Following the completion of the transaction, the director now owns 4,377 shares in the company, valued at approximately $168,777.12. The disclosure for this purchase can be found here.

Several large investors have recently bought and sold shares of the stock. ARGI Investment Services LLC raised its stake in Marathon Petroleum Corp. by 5.2% in the fourth quarter. ARGI Investment Services LLC now owns 19,445 shares of the company’s stock valued at $1,008,000 after buying an additional 959 shares in the last quarter. Toronto Dominion Bank raised its stake in Marathon Petroleum Corp. by 104.8% in the fourth quarter. Toronto Dominion Bank now owns 20,337 shares of the company’s stock valued at $1,055,000 after buying an additional 10,406 shares in the last quarter. FineMark National Bank & Trust raised its stake in Marathon Petroleum Corp. by 342.4% in the fourth quarter. FineMark National Bank & Trust now owns 22,307 shares of the company’s stock valued at $1,156,000 after buying an additional 17,265 shares in the last quarter. BOKF NA raised its stake in Marathon Petroleum Corp. by 16.5% in the fourth quarter. BOKF NA now owns 23,409 shares of the company’s stock valued at $1,214,000 after buying an additional 3,309 shares in the last quarter. Finally, Burney Co. raised its stake in Marathon Petroleum Corp. by 6.2% in the fourth quarter. Burney Co. now owns 24,709 shares of the company’s stock valued at $1,275,000 after buying an additional 1,438 shares in the last quarter.

Marathon Petroleum Corporation is engaged in petroleum product refining, marketing, retail and transportation businesses in the United States and the east of the Mississippi. The Company’s segments include Refining & Marketing, Speedway, and Midstream. Its Refining & Marketing segment refines crude oil and other feedstocks at its approximately seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products.

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