Marathon Petroleum Corporation (MPC) has recently been the subject of varied financial activity from institutional investors. RFG Advisory LLC, Fisher Asset Management LLC, Wedmont Private Capital, Trust Co. of Toledo NA OH and MONECO Advisors LLC have all increased their holdings, while Douglas Lane & Associates LLC, Massmutual Trust Co., Los Angeles Capital Management LLC and Selway Asset Management have reduced their stakes. Despite some daily losses, MPC's stock has outperformed competitors on a number of occasions. In spite of market declines, MPC shares have shown advancement. This, combined with their high institutional ownership, signifies substantial investor interest. Mizuho lowered MPC's Price Target to $201.00. While there have been some discrepancies regarding the company's stock and financial health, this has not dissuaded new investors, such as New Hampshire Trust and HighPoint Advisor Group LLC, from purchasing shares. MPC's upcoming potential dividend of $0.825 and stock buyback approval might be causing increased interest. However, the sell of some insider stocks hints at possible uncertainty. In spite of some underperformance in relation to competitors, earnings growth is anticipated. Value for shareholders has increased, with a three-year total of 327% gains.
Marathon Petroleum Corporation MPC News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sun, 23 Jun 2024 16:29:56 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -1
