Cullinan Associates Lowered Its Marathon Petroleum (MPC) Position; Alio Gold (NYSEAMERICAN:ALO) Shorts Raised By 43.85%

January 14, 2018 - By whatsonthorold

Alio Gold Incorporated (NYSEAMERICAN:ALO) had an increase of 43.85% in short interest. ALO’s SI was 112,200 shares in January as released by FINRA. Its up 43.85% from 78,000 shares previously. With 160,000 avg volume, 1 days are for Alio Gold Incorporated (NYSEAMERICAN:ALO)’s short sellers to cover ALO’s short positions. The stock increased 0.55% or $0.02 during the last trading session, reaching $3.64. About 116,168 shares traded. Alio Gold Inc. (NYSEAMERICAN:ALO) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Cullinan Associates Inc decreased Marathon Petroleum Corp (MPC) stake by 16.93% reported in 2017Q3 SEC filing. Cullinan Associates Inc sold 19,680 shares as Marathon Petroleum Corp (MPC)’s stock rose 5.52%. The Cullinan Associates Inc holds 96,530 shares with $5.41 million value, down from 116,210 last quarter. Marathon Petroleum Corp now has $34.88 billion valuation. The stock increased 1.67% or $1.17 during the last trading session, reaching $71.42. About 2.63 million shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since January 14, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Cullinan Associates Inc increased American Express Co (NYSE:AXP) stake by 9,400 shares to 89,227 valued at $8.07 million in 2017Q3. It also upped The Travelers Companies (NYSE:TRV) stake by 7,250 shares and now owns 30,566 shares. Tjx Companies (NYSE:TJX) was raised too.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on February, 7. They expect $1.04 earnings per share, up 141.86% or $0.61 from last year’s $0.43 per share. MPC’s profit will be $507.94 million for 17.17 P/E if the $1.04 EPS becomes a reality. After $1.77 actual earnings per share reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -41.24% negative EPS growth.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.14, from 1.05 in 2017Q2. It worsened, as 52 investors sold MPC 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. 11,724 were accumulated by Northern Capital Mgmt Ltd Liability Corp. Bb&T has 0.03% invested in Marathon Petroleum Corporation (NYSE:MPC) for 26,516 shares. Rdl Fincl reported 4,532 shares. Blb&B Advsrs Limited owns 0.04% invested in Marathon Petroleum Corporation (NYSE:MPC) for 4,057 shares. Klingenstein Fields Ltd Llc has 5,000 shares. Teacher Retirement Systems Of Texas reported 309,812 shares. Kensico Capital has invested 6.73% in Marathon Petroleum Corporation (NYSE:MPC). Horizon Kinetics Limited Liability invested 0.01% in Marathon Petroleum Corporation (NYSE:MPC). Suntrust Banks Incorporated reported 0.02% stake. Boys Arnold & Com Inc has 0.14% invested in Marathon Petroleum Corporation (NYSE:MPC). Barometer Cap has 164,800 shares. Suvretta Mgmt Ltd invested 5.1% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Weaver C Barksdale & Associates holds 1.6% or 25,591 shares in its portfolio. Moreover, Bahl Gaynor has 0% invested in Marathon Petroleum Corporation (NYSE:MPC) for 5,917 shares. Chevy Chase Trust Hldgs reported 448,969 shares.

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. Scotia Capital maintained the stock with “Hold” rating in Thursday, December 21 report. The firm earned “Buy” rating on Monday, August 24 by Vetr. The rating was maintained by Barclays Capital on Friday, December 4 with “Overweight”. Vetr upgraded the shares of MPC in report on Monday, August 17 to “Hold” rating. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by RBC Capital Markets on Thursday, August 31. RBC Capital Markets maintained Marathon Petroleum Corporation (NYSE:MPC) on Thursday, July 20 with “Buy” rating. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by RBC Capital Markets on Wednesday, December 20. Cowen & Co maintained Marathon Petroleum Corporation (NYSE:MPC) on Friday, February 12 with “Outperform” rating. The firm has “Buy” rating given on Thursday, July 27 by Cowen & Co. The stock of Marathon Petroleum Corporation (NYSE:MPC) has “Outperform” rating given on Tuesday, January 26 by Credit Suisse.

Since September 14, 2017, it had 0 insider purchases, and 5 selling transactions for $7.73 million activity. The insider Palmer C. Michael sold 50,746 shares worth $3.29M. Shares for $2.31M were sold by Kelley Thomas M. on Thursday, December 14. 6,374 shares were sold by Nichols Rodney P., worth $413,864.

Alio Gold Inc., through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico. The company has market cap of $160.24 million. It primarily explores for gold deposits. It has a 6.43 P/E ratio. The firm holds a 100 % interest in the Ana Paula Property in Guerrero, Mexico.

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