Marathon Petroleum Corp (NYSE:MPC) Director James E. Rohr bought 12,500 shares of the firm’s stock in a transaction on Tuesday, June 11th. The stock was acquired at an average cost of $48.14 per share, with a total value of $601,750.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Marathon Petroleum stock opened at $47.96 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.20 and a debt-to-equity ratio of 0.69. Marathon Petroleum Corp has a 1-year low of $45.47 and a 1-year high of $88.45. The firm has a market capitalization of $31.78 billion, a PE ratio of 7.62, a PEG ratio of 1.14 and a beta of 1.52.

Marathon Petroleum (NYSE:MPC) last released its earnings results on Wednesday, May 8th. The oil and gas company reported ($0.09) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.10). The company had revenue of $28.62 billion for the quarter, compared to analyst estimates of $27.70 billion. Marathon Petroleum had a net margin of 2.56% and a return on equity of 11.10%. Marathon Petroleum’s revenue for the quarter was up 50.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.08 earnings per share. As a group, analysts anticipate that Marathon Petroleum Corp will post 4.67 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Thursday, May 16th were paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend was Wednesday, May 15th. Marathon Petroleum’s payout ratio is currently 31.27%.

Several analysts have commented on MPC shares. Wells Fargo & Co decreased their target price on shares of Marathon Petroleum from $96.00 to $90.00 and set an “outperform” rating for the company in a research report on Thursday, May 9th. ValuEngine upgraded shares of Marathon Petroleum from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 22nd. Morgan Stanley reduced their price objective on shares of Marathon Petroleum from $85.00 to $82.00 and set an “overweight” rating for the company in a research note on Monday, April 15th. Raymond James reduced their price objective on shares of Marathon Petroleum from $85.00 to $80.00 and set a “strong-buy” rating for the company in a research note on Thursday, May 9th. Finally, Cowen restated an “outperform” rating and issued a $90.00 price objective (down from $101.00) on shares of Marathon Petroleum in a research note on Monday, May 6th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $85.68.

A number of large investors have recently added to or reduced their stakes in MPC. BlackRock Inc. raised its stake in Marathon Petroleum by 36.6% during the 4th quarter. BlackRock Inc. now owns 54,581,132 shares of the oil and gas company’s stock valued at $3,220,832,000 after purchasing an additional 14,619,755 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in Marathon Petroleum by 9,095.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 14,042,197 shares of the oil and gas company’s stock valued at $238,000 after buying an additional 13,889,489 shares during the period. Norges Bank bought a new stake in Marathon Petroleum in the 4th quarter valued at $462,677,000. Boston Partners increased its holdings in Marathon Petroleum by 81.9% in the 4th quarter. Boston Partners now owns 12,173,365 shares of the oil and gas company’s stock valued at $718,350,000 after buying an additional 5,479,818 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in Marathon Petroleum by 70.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 10,065,459 shares of the oil and gas company’s stock valued at $593,940,000 after buying an additional 4,153,879 shares during the period. Hedge funds and other institutional investors own 77.57% of the company’s stock.

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About Marathon Petroleum

Marathon Petroleum Corp. is an independent petroleum product refiners, marketers and transporters in the United States. The company operates through the following segments: Refining & Marketing; Retail; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products through various means, including barges, terminals and trucks that the company owns or operates.

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