Financial Engines Advisors Has Lifted Its Marathon Petroleum (MPC) Stake by $1.00 Million as Stock Rose; Wallace Capital Management Has Lifted Liberty Interactive (QVCA) Position by $389,390

February 18, 2018 - By Adrian Erickson

Financial Engines Advisors Llc increased its stake in Marathon Petroleum Corp (MPC) by 18.8% based on its latest 2017Q3 regulatory filing with the SEC. Financial Engines Advisors Llc bought 17,906 shares as the company’s stock rose 5.52% with the market. The institutional investor held 113,140 shares of the integrated oil company at the end of 2017Q3, valued at $6.35 million, up from 95,234 at the end of the previous reported quarter. Financial Engines Advisors Llc who had been investing in Marathon Petroleum Corp for a number of months, seems to be bullish on the $33.01B market cap company. The stock increased 0.19% or $0.13 during the last trading session, reaching $67.93. About 3.30M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since February 18, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Scott Wallace increased its stake in Liberty Interactive Corp (QVCA) by 1.43% based on its latest 2017Q3 regulatory filing with the SEC. Wallace Capital Management Inc bought 16,930 shares as the company’s stock rose 23.01% with the market. The hedge fund run by Scott Wallace held 1.20 million shares of the catalog and specialty distribution company at the end of 2017Q3, valued at $28.21 million, up from 1.18 million at the end of the previous reported quarter. Wallace Capital Management Inc who had been investing in Liberty Interactive Corp for a number of months, seems to be bullish on the $13.52B market cap company. The stock increased 0.54% or $0.15 during the last trading session, reaching $27.95. About 2.01M shares traded. QVC Group (NASDAQ:QVCA) has declined 6.46% since February 18, 2017 and is downtrending. It has underperformed by 23.16% the S&P500.

Wallace Capital Management Inc, which manages about $662.24M and $623.99M US Long portfolio, decreased its stake in Rh by 76,290 shares to 207,252 shares, valued at $14.57M in 2017Q3, according to the filing.

Among 14 analysts covering Liberty Interactive (NASDAQ:QVCA), 12 have Buy rating, 1 Sell and 1 Hold. Therefore 86% are positive. Liberty Interactive had 29 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, August 12 by FBR Capital. Axiom Capital maintained QVC Group (NASDAQ:QVCA) rating on Friday, November 13. Axiom Capital has “Buy” rating and $35 target. The rating was maintained by UBS on Friday, November 10 with “Buy”. Axiom Capital maintained QVC Group (NASDAQ:QVCA) rating on Wednesday, May 11. Axiom Capital has “Buy” rating and $34 target. The stock of QVC Group (NASDAQ:QVCA) earned “Buy” rating by KeyBanc Capital Markets on Monday, October 23. The stock of QVC Group (NASDAQ:QVCA) has “Buy” rating given on Thursday, August 6 by Axiom Capital. Stifel Nicolaus maintained QVC Group (NASDAQ:QVCA) on Thursday, August 6 with “Buy” rating. FBR Capital maintained the stock with “Buy” rating in Friday, July 7 report. FBN Securities downgraded the stock to “Hold” rating in Thursday, July 6 report. As per Friday, July 7, the company rating was maintained by Aegis Capital.

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. Cowen & Co maintained the stock with “Buy” rating in Tuesday, October 17 report. The firm has “Buy” rating by Cowen & Co given on Thursday, February 1. On Wednesday, December 7 the stock rating was upgraded by JP Morgan to “Overweight”. Scotia Capital maintained Marathon Petroleum Corporation (NYSE:MPC) on Thursday, December 21 with “Hold” rating. The firm has “Neutral” rating given on Monday, August 24 by Bank of America. RBC Capital Markets maintained Marathon Petroleum Corporation (NYSE:MPC) on Thursday, July 27 with “Buy” rating. Bank of America upgraded the stock to “Neutral” rating in Tuesday, January 5 report. The stock of Marathon Petroleum Corporation (NYSE:MPC) has “Overweight” rating given on Wednesday, August 26 by JP Morgan. The stock has “Buy” rating by Cowen & Co on Thursday, July 13. The stock has “Buy” rating by Piper Jaffray on Thursday, July 13.

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. Moreover, Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.12% invested in Marathon Petroleum Corporation (NYSE:MPC). Miller Howard Ny holds 0.22% or 188,377 shares in its portfolio. 19,450 were reported by Ci Invests Inc. State Of Alaska Department Of Revenue owns 31,821 shares for 0.09% of their portfolio. Frontfour Grp Ltd Company reported 9,842 shares stake. Nuveen Asset Mgmt Limited Liability Corporation has 0.02% invested in Marathon Petroleum Corporation (NYSE:MPC) for 67,111 shares. Moreover, Vantage Investment Llc has 0.85% invested in Marathon Petroleum Corporation (NYSE:MPC) for 194,252 shares. Haverford Trust holds 0.01% in Marathon Petroleum Corporation (NYSE:MPC) or 4,998 shares. Hartford Invest Mngmt owns 0.14% invested in Marathon Petroleum Corporation (NYSE:MPC) for 136,567 shares. Ny State Common Retirement Fund stated it has 0.12% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Moreover, Rodgers Brothers Inc has 0.33% invested in Marathon Petroleum Corporation (NYSE:MPC) for 16,716 shares. Services Wi reported 36,868 shares or 2.12% of all its holdings. Liberty Mutual Group Asset invested in 22,128 shares. Denver Inv Advsrs has invested 0.52% in Marathon Petroleum Corporation (NYSE:MPC). Creative Planning has 0.01% invested in Marathon Petroleum Corporation (NYSE:MPC).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: