Traders sold shares of Marathon Petroleum Corp. (NYSE:MPC) on strength during trading hours on Tuesday. $29.09 million flowed into the stock on the tick-up and $45.61 million flowed out of the stock on the tick-down, for a money net flow of $16.52 million out of the stock. Of all stocks tracked, Marathon Petroleum Corp. had the 0th highest net out-flow for the day. Marathon Petroleum Corp. traded up $1.71 for the day and closed at $38.61

Several analysts have issued reports on the company. JPMorgan Chase & Co. restated a “hold” rating on shares of Marathon Petroleum Corp. in a research note on Sunday, June 12th. Goldman Sachs Group Inc. restated a “top pick” rating on shares of Marathon Petroleum Corp. in a research note on Thursday, June 30th. Vetr lowered Marathon Petroleum Corp. from a “strong-buy” rating to a “buy” rating and set a $42.00 target price on the stock. in a research note on Tuesday, July 12th. Zacks Investment Research lowered Marathon Petroleum Corp. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 13th. Finally, Scotiabank lowered Marathon Petroleum Corp. from an “outperform” rating to a “sector perform” rating and set a $42.00 target price on the stock. in a research note on Monday, July 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $53.21.

The stock has a 50-day moving average price of $36.25 and a 200-day moving average price of $36.93. The stock has a market capitalization of $20.46 billion and a PE ratio of 10.57.

Marathon Petroleum Corp. (NYSE:MPC) last released its quarterly earnings results on Thursday, April 28th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.15 by $0.14. During the same quarter last year, the firm earned $3.24 earnings per share. The firm earned $12.83 billion during the quarter, compared to analysts’ expectations of $13.08 billion. Marathon Petroleum Corp.’s revenue for the quarter was down 25.6% on a year-over-year basis. On average, equities analysts anticipate that Marathon Petroleum Corp. will post $2.54 earnings per share for the current fiscal year.

In related news, Director Steven A. Davis bought 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 26th. The shares were bought at an average cost of $34.70 per share, with a total value of $52,050.00. Following the acquisition, the director now owns 9,472 shares in the company, valued at $328,678.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Charles E. Bunch bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 2nd. The stock was bought at an average cost of $38.56 per share, for a total transaction of $77,120.00. Following the completion of the acquisition, 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.

A number of institutional investors recently made changes to their positions in the company. Wells Fargo & Company MN boosted its position in shares of Marathon Petroleum Corp. by 24.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,797,884 shares of the company’s stock worth $93,203,000 after buying an additional 350,890 shares in the last quarter. Pittenger & Anderson Inc. boosted its stake in Marathon Petroleum Corp. by 1.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 56,485 shares of the company’s stock worth $2,928,000 after buying an additional 550 shares in the last quarter. Aberdeen Asset Management PLC UK boosted its stake in Marathon Petroleum Corp. by 5.0% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 665,560 shares of the company’s stock worth $31,714,000 after buying an additional 31,832 shares in the last quarter. Pitcairn Co. boosted its stake in Marathon Petroleum Corp. by 1.2% in the fourth quarter. Pitcairn Co. now owns 68,101 shares of the company’s stock worth $3,530,000 after buying an additional 793 shares in the last quarter. Finally, Airain ltd boosted its stake in Marathon Petroleum Corp. by 863.4% in the fourth quarter. Airain ltd now owns 180,163 shares of the company’s stock worth $9,340,000 after buying an additional 161,462 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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