Polaris Capital Management Increased Marathon Petroleum (MPC) Holding By $10.30 Million; 2 Analysts Are Bullish Saipem S.p.A. (SAPMY) Last Week

June 19, 2018 - By Nellie Frank

Marathon Petroleum Corporation (NYSE:MPC) Logo

Among 6 analysts covering Saipem SpA (OTCMKTS:SAPMY), 2 have Buy rating, 3 Sell and 1 Hold. Therefore 33% are positive. Saipem SpA had 8 analyst reports since July 29, 2015 according to SRatingsIntel. Jefferies downgraded the shares of SAPMY in report on Monday, November 2 to “Underperform” rating. The firm earned “Buy” rating on Friday, January 20 by Societe Generale. The stock has “Buy” rating by UBS on Friday, October 21. The firm earned “Underperform” rating on Wednesday, July 29 by Raymond James. Societe Generale downgraded the shares of SAPMY in report on Thursday, October 29 to “Sell” rating. The stock of Saipem S.p.A. (OTCMKTS:SAPMY) earned “Hold” rating by Goldman Sachs on Tuesday, October 10. Jefferies initiated Saipem S.p.A. (OTCMKTS:SAPMY) on Monday, October 5 with “Hold” rating. The stock has “Underperform” rating by Macquarie Research on Wednesday, November 4. See Saipem S.p.A. (OTCMKTS:SAPMY) latest ratings:

Polaris Capital Management Llc increased Marathon Petroleum Corp (MPC) stake by 16.99% reported in 2018Q1 SEC filing. Polaris Capital Management Llc acquired 141,082 shares as Marathon Petroleum Corp (MPC)’s stock rose 16.16%. The Polaris Capital Management Llc holds 971,682 shares with $71.04 million value, up from 830,600 last quarter. Marathon Petroleum Corp now has $34.52 billion valuation. The stock decreased 0.08% or $0.06 during the last trading session, reaching $74.73. About 1.46 million shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.81% since June 19, 2017 and is uptrending. It has outperformed by 34.24% the S&P500. Some Historical MPC News: ; 30/04/2018 – FITCH AFFIRMS MARATHON PETROLEUM’S RATINGS FOLLOWING PURCHASE; 27/04/2018 – SOME POLISH MPC MEMBERS SAY ’18 GDP MAY BE HIGHER THAN EXPECTED; 24/05/2018 – CARNEY: MPC REVIEWING MEDIUM-TERM EQUILIBRIUM REAL RATE; 12/03/2018 – MARATHON GALVESTON BAY TEXAS REFINERY RESTARTED HYDROCRACKER ON SATURDAY; 07/05/2018 – PAP CITES POLISH MPC MEMBER LON ON INTEREST RATE OUTLOOK; 21/05/2018 – Easing Inflation, Stable Naira Show Nigeria MPC May Be Right; 15/03/2018 – MARATHON PETROLEUM COMPLETES REDEMPTION OF 2.7% NOTES DUE 2018; 19/04/2018 – INDIA MPC MEMBER GHATE BROAD-BASED TURNAROUND IN GROWTH CONTINUES TO GATHER STRENGTH, ALTHOUGH TURNAROUND IS BENEFITTING FROM A FAVOURABLE BASE; 08/05/2018 – Marathon restarting Texas City, Texas refinery after outage; 01/05/2018 – Marathon Petroleum’s (MPC) CEO Gary Heminger on Andeavor Strategic Combination (Transcript)

The stock decreased 0.57% or $0.05 during the last trading session, reaching $8.79. About 529 shares traded. Saipem S.p.A. (OTCMKTS:SAPMY) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500.

Saipem S.p.A., together with its subsidiaries, engages in the engineering, construction, procurement, and drilling businesses worldwide. The company has market cap of $4.34 billion. It offers engineering, procurement, project management, construction, and drilling services primarily for the gas and oil, complex civil and marine infrastructure, and environmental markets. It currently has negative earnings. The firm offers offshore engineering and construction services and products, including platforms, pipelines, subsea field developments, and MMO activities; and creates and constructs hydrocarbon production facilities, hydrocarbon treatment facilities, and large onshore treatment and transportation systems and facilities.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.06, from 0.96 in 2017Q4. It is negative, as 52 investors sold MPC shares while 322 reduced holdings. 98 funds opened positions while 239 raised stakes. 354.13 million shares or 3.74% less from 367.91 million shares in 2017Q4 were reported. 10,553 were reported by Meiji Yasuda Life Ins. Voya Ltd Co owns 0.2% invested in Marathon Petroleum Corporation (NYSE:MPC) for 1.29 million shares. Marshall Wace Limited Liability Partnership invested in 0.09% or 31,184 shares. Goodwin Daniel L reported 47,600 shares. 4.93M are owned by Ameriprise Fin. Oakworth has invested 0.1% in Marathon Petroleum Corporation (NYSE:MPC). Hbk Sorce Advisory Limited Liability has invested 0.03% in Marathon Petroleum Corporation (NYSE:MPC). Aspiriant Limited Liability reported 7,924 shares. Marathon Capital Mgmt holds 6,111 shares or 0.17% of its portfolio. Spark Investment owns 395,900 shares. The New York-based Engineers Gate Manager LP has invested 0.27% in Marathon Petroleum Corporation (NYSE:MPC). State Of Wisconsin Investment Board reported 617,745 shares or 0.13% of all its holdings. Hm Payson And holds 93,991 shares. Monetary Mngmt has invested 0.02% in Marathon Petroleum Corporation (NYSE:MPC). Moreover, Barry Inv Advsr Limited Liability Company has 0.36% invested in Marathon Petroleum Corporation (NYSE:MPC) for 13,080 shares.

Since March 6, 2018, it had 1 buying transaction, and 2 selling transactions for $3.27 million activity. 20,000 Marathon Petroleum Corporation (NYSE:MPC) shares with value of $1.40 million were sold by Kelley Thomas M.. BUNCH CHARLES E also bought $101,070 worth of Marathon Petroleum Corporation (NYSE:MPC) on Tuesday, March 6.

More recent Marathon Petroleum Corporation (NYSE:MPC) news were published by: Bizjournals.com which released: “Behind The Deal: Andeavor looked to be bought while closing Western Refining acquisition” on June 04, 2018. Also Seekingalpha.com published the news titled: “Reuters: Marathon Petroleum seeking EPA biofuel waiver” on May 23, 2018. Bizjournals.com‘s news article titled: “Andeavor makes deal to boost expansion of ARCO gas stations in Mexico” with publication date: June 12, 2018 was also an interesting one.

Polaris Capital Management Llc decreased United Financial Bancorp Inc stake by 123,403 shares to 19,348 valued at $313,000 in 2018Q1. It also reduced Asbury Automotive Group (NYSE:ABG) stake by 855,554 shares and now owns 40,046 shares. Samsung Electronics Pfd N/V (SSNGY) was reduced too.

Among 21 analysts covering Marathon Petroleum Corp (NYSE:MPC), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Marathon Petroleum Corp had 93 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Tuesday, November 14. Bank of America upgraded the stock to “Buy” rating in Thursday, May 10 report. Citigroup maintained it with “Buy” rating and $80 target in Tuesday, March 13 report. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, July 20 report. The stock of Marathon Petroleum Corporation (NYSE:MPC) has “Outperform” rating given on Wednesday, March 7 by Credit Suisse. Howard Weil upgraded Marathon Petroleum Corporation (NYSE:MPC) rating on Tuesday, December 15. Howard Weil has “Sector Outperform” rating and $62.0 target. The stock has “Overweight” rating by JP Morgan on Wednesday, December 7. The firm has “Hold” rating given on Tuesday, April 24 by Jefferies. Wells Fargo maintained it with “Market Perform” rating and $80 target in Tuesday, May 1 report. The firm has “Outperform” rating given on Tuesday, May 29 by Wells Fargo.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Positions Chart

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