Universal Beteiligungs und Servicegesellschaft mbH Trims Holdings in Marathon Petroleum Corporation $MPC

Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake in shares of Marathon Petroleum Corporation (NYSE:MPC) by 15.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 196,431 shares of the oil and gas company’s stock after selling 36,923 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Marathon Petroleum were worth $37,860,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Associated Banc Corp increased its position in shares of Marathon Petroleum by 2.1% during the third quarter. Associated Banc Corp now owns 2,475 shares of the oil and gas company’s stock valued at $477,000 after buying an additional 52 shares during the period. CoreCap Advisors LLC boosted its position in shares of Marathon Petroleum by 2.6% in the third quarter. CoreCap Advisors LLC now owns 2,363 shares of the oil and gas company’s stock valued at $456,000 after acquiring an additional 59 shares during the period. CHICAGO TRUST Co NA grew its stake in Marathon Petroleum by 3.9% during the second quarter. CHICAGO TRUST Co NA now owns 1,684 shares of the oil and gas company’s stock valued at $280,000 after acquiring an additional 63 shares in the last quarter. FSM Wealth Advisors LLC increased its holdings in Marathon Petroleum by 1.6% during the 3rd quarter. FSM Wealth Advisors LLC now owns 3,944 shares of the oil and gas company’s stock worth $760,000 after acquiring an additional 63 shares during the period. Finally, Warwick Investment Management Inc. lifted its stake in Marathon Petroleum by 4.6% in the 3rd quarter. Warwick Investment Management Inc. now owns 1,436 shares of the oil and gas company’s stock worth $277,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 76.77% of the company’s stock.

Marathon Petroleum Trading Up 1.5%

NYSE MPC opened at $177.43 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.32 and a debt-to-equity ratio of 1.31. The stock’s 50-day simple moving average is $180.51 and its two-hundred day simple moving average is $180.74. Marathon Petroleum Corporation has a twelve month low of $115.10 and a twelve month high of $202.29. The company has a market capitalization of $53.33 billion, a price-to-earnings ratio of 18.92, a PEG ratio of 0.75 and a beta of 0.74.

Marathon Petroleum (NYSE:MPC) last posted its quarterly earnings data on Tuesday, November 4th. The oil and gas company reported $3.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.00 by $0.01. The firm had revenue of $34.81 billion during the quarter, compared to analysts’ expectations of $31.06 billion. Marathon Petroleum had a return on equity of 9.76% and a net margin of 2.13%. Research analysts forecast that Marathon Petroleum Corporation will post 8.47 EPS for the current fiscal year.

Marathon Petroleum Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. This is a boost from Marathon Petroleum’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend was Wednesday, November 19th. Marathon Petroleum’s payout ratio is 42.64%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MPC shares. UBS Group boosted their price target on shares of Marathon Petroleum from $203.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, September 26th. Morgan Stanley lifted their price objective on Marathon Petroleum from $182.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, October 3rd. Barclays reduced their target price on Marathon Petroleum from $202.00 to $194.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Citigroup lowered their price target on Marathon Petroleum from $185.00 to $182.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Finally, Mizuho lifted their price target on Marathon Petroleum from $198.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $195.71.

Marathon Petroleum Profile

Marathon Petroleum Corporation (NYSE: MPC) is a U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products. The company was formed through a spin-off from Marathon Oil in 2011 and operates an integrated system of refining and logistics assets that support the production and distribution of transportation fuels and other refined petroleum products.

Marathon Petroleum’s operations include refining crude oil into gasoline, diesel, jet fuel, asphalt and other specialty products, as well as managing the distribution and storage infrastructure needed to move those products to market.