As Marathon Petroleum (MPC) Valuation Rose, Bedrijfstakpensioenfonds Voor De Media Pno Has Lifted Position; As Golar Lng LTD Bermuda (GLNG) Market Valuation Rose, Shareholder Ascend Capital Has Cut Its Position by $820,028

February 21, 2018 - By Ellis Scott

Malcolm Fairbairn decreased its stake in Golar Lng Ltd Bermuda (GLNG) by 3.47% based on its latest 2017Q3 regulatory filing with the SEC. Ascend Capital Llc sold 37,274 shares as the company’s stock rose 4.44% with the market. The hedge fund run by Malcolm Fairbairn held 1.04M shares of the marine transportation company at the end of 2017Q3, valued at $23.46M, down from 1.07 million at the end of the previous reported quarter. Ascend Capital Llc who had been investing in Golar Lng Ltd Bermuda for a number of months, seems to be less bullish one the $2.79B market cap company. The stock increased 0.18% or $0.05 during the last trading session, reaching $27.57. About 196,670 shares traded. Golar LNG Limited (NASDAQ:GLNG) has risen 61.34% since February 21, 2017 and is uptrending. It has outperformed by 44.64% the S&P500.

Bedrijfstakpensioenfonds Voor De Media Pno increased its stake in Marathon Petroleum Corp (MPC) by 16.08% based on its latest 2017Q3 regulatory filing with the SEC. Bedrijfstakpensioenfonds Voor De Media Pno bought 5,851 shares as the company’s stock rose 5.52% with the market. The institutional investor held 42,238 shares of the integrated oil company at the end of 2017Q3, valued at $2.37M, up from 36,387 at the end of the previous reported quarter. Bedrijfstakpensioenfonds Voor De Media Pno who had been investing in Marathon Petroleum Corp for a number of months, seems to be bullish on the $32.39 billion market cap company. The stock increased 0.60% or $0.4 during the last trading session, reaching $66.65. About 1.72 million shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since February 21, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Since September 14, 2017, it had 0 buys, and 5 sales for $7.73 million activity. On Thursday, December 14 the insider Nichols Rodney P. sold $413,864. Shares for $3.29M were sold by Palmer C. Michael on Thursday, December 14.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.14, from 1.05 in 2017Q2. It dived, 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. Korea reported 0.09% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Quinn Opportunity Prtnrs Limited Liability Corporation reported 15,600 shares. Asset Mgmt One Ltd has 0.11% invested in Marathon Petroleum Corporation (NYSE:MPC). Bartlett Communication Lc holds 0% or 400 shares. Private Asset Management Incorporated has 0.04% invested in Marathon Petroleum Corporation (NYSE:MPC) for 252 shares. Virginia Retirement Et Al holds 0.16% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 239,646 shares. Balasa Dinverno Foltz Ltd Liability Corp stated it has 5,625 shares. Campbell And Investment Adviser Limited Liability Corporation owns 14,336 shares. Verition Fund Management Limited Company reported 107,708 shares stake. Wealthfront Inc owns 12,483 shares or 0.01% of their US portfolio. Howe Rusling holds 976 shares. Mason Cap Ltd Liability Corporation accumulated 1.41 million shares. Sigma Planning, a Michigan-based fund reported 4,707 shares. Alexandria Limited Liability Corp has 0.01% invested in Marathon Petroleum Corporation (NYSE:MPC). Laurion Capital Lp invested 0.02% in Marathon Petroleum Corporation (NYSE:MPC).

Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 13 have Buy rating, 1 Sell and 5 Hold. Therefore 68% are positive. Marathon Petroleum Corp had 75 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Thursday, July 13 with “Buy”. Cowen & Co maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Friday, February 12. Cowen & Co has “Outperform” rating and $55 target. RBC Capital Markets maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Wednesday, July 5. RBC Capital Markets has “Buy” rating and $6900 target. Jefferies downgraded the shares of MPC in report on Monday, February 5 to “Hold” rating. The rating was maintained by Howard Weil on Friday, October 28 with “Sector Perform”. The firm has “Buy” rating given on Wednesday, October 18 by RBC Capital Markets. Credit Suisse maintained Marathon Petroleum Corporation (NYSE:MPC) on Thursday, July 13 with “Buy” rating. The stock has “Neutral” rating by JP Morgan on Friday, June 10. The stock has “Buy” rating by Vetr on Monday, August 24. Howard Weil upgraded the shares of MPC in report on Tuesday, December 15 to “Sector Outperform” rating.

Among 12 analysts covering Golar LNG Limited (NASDAQ:GLNG), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Golar LNG Limited had 29 analyst reports since August 18, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $40.0 target in Friday, January 26 report. The company was maintained on Monday, June 26 by Jefferies. The stock of Golar LNG Limited (NASDAQ:GLNG) has “Buy” rating given on Friday, August 28 by Stifel Nicolaus. The stock of Golar LNG Limited (NASDAQ:GLNG) earned “Buy” rating by Cowen & Co on Friday, June 23. Citigroup maintained Golar LNG Limited (NASDAQ:GLNG) rating on Thursday, August 17. Citigroup has “Buy” rating and $26 target. Stifel Nicolaus maintained Golar LNG Limited (NASDAQ:GLNG) on Sunday, October 22 with “Buy” rating. ABN Amro upgraded Golar LNG Limited (NASDAQ:GLNG) on Monday, October 3 to “Hold” rating. Nordea upgraded the stock to “Buy” rating in Wednesday, June 1 report. The firm has “Buy” rating given on Friday, July 1 by DNB Markets. The firm earned “Buy” rating on Wednesday, November 23 by Seaport Global.

Analysts await Golar LNG Limited (NASDAQ:GLNG) to report earnings on February, 27. They expect $-0.28 earnings per share, up 15.15% or $0.05 from last year’s $-0.33 per share. After $-0.43 actual earnings per share reported by Golar LNG Limited for the previous quarter, Wall Street now forecasts -34.88% EPS growth.

Ascend Capital Llc, which manages about $4.98 billion and $2.65 billion US Long portfolio, upped its stake in Electronic Arts Inc (NASDAQ:EA) by 155,156 shares to 255,607 shares, valued at $30.18 million in 2017Q3, according to the filing. It also increased its holding in Xpo Logistics Inc (NYSE:XPO) by 68,051 shares in the quarter, for a total of 219,979 shares, and has risen its stake in Nuance Communications Inc (NASDAQ:NUAN).

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