Mn Companies Vermogensbeheer BV decreased its place in shares of Marathon Oil Co. (NYSE:MRO – Get Ranking ) by 3.8% within the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee. The agency owned 166,800 shares of the oil and gasoline producer’s inventory after promoting 6,500 shares through the interval. Mn Companies Vermogensbeheer BV’s holdings in Marathon Oil have been price $3,766,000 as of its most up-to-date submitting with the Securities and Trade Fee.
Plenty of different institutional traders and hedge funds have additionally lately made modifications to their positions in MRO. Wellington Administration Group LLP lifted its holdings in shares of Marathon Oil by 1,220.4% through the 1st quarter. Wellington Administration Group LLP now owns 8,754,588 shares of the oil and gasoline producer’s inventory valued at $219,828,000 after buying an extra 8,091,570 shares through the interval. Goldman Sachs Group Inc. lifted its holdings in shares of Marathon Oil by 60.1% through the 1st quarter. Goldman Sachs Group Inc. now owns 7,739,802 shares of the oil and gasoline producer’s inventory valued at $194,346,000 after buying an extra 2,904,140 shares through the interval. Arrowstreet Capital Restricted Partnership lifted its holdings in shares of Marathon Oil by 3,527.3% through the 1st quarter. Arrowstreet Capital Restricted Partnership now owns 2,735,575 shares of the oil and gasoline producer’s inventory valued at $68,690,000 after buying an extra 2,660,158 shares through the interval. Embody Capital Advisors LLC lifted its holdings in shares of Marathon Oil by 173.0% through the 2nd quarter. Embody Capital Advisors LLC now owns 3,794,020 shares of the oil and gasoline producer’s inventory valued at $85,290,000 after buying an extra 2,404,020 shares through the interval. Lastly, Renaissance Applied sciences LLC lifted its holdings in shares of Marathon Oil by 521.5% through the 2nd quarter. Renaissance Applied sciences LLC now owns 2,861,046 shares of the oil and gasoline producer’s inventory valued at $64,316,000 after buying an extra 2,400,700 shares through the interval. Institutional traders personal 77.30% of the corporate’s shares.
Marathon oil buying and selling down 1.1%
MRO opened at $27.08 on Tuesday. Marathon Oil Co. has a twelve month low of $17.01 and a twelve month excessive of $33.42. The corporate has a fast ratio of 1.04, a present ratio of 1.08 and a debt-to-equity ratio of 0.32. The corporate has a 50-day transferring common of $28.58 and a 200-day transferring common of $26.37. The inventory has a market cap of $17.15 billion, a PE ratio of 5.20, a price-to-earnings-growth ratio of 0.28 and a beta of two.43.
Marathon Oil (NYSE:MRO – Get Ranking ) final posted its quarterly earnings outcomes on Wednesday, November 2nd. The oil and gasoline producer reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.05. The corporate had income of $2.25 billion for the quarter, in comparison with analysts’ expectations of $2.07 billion. Marathon Oil had a internet margin of 46.11% and a return on fairness of 27.76%. On common, sell-side analysts predict that Marathon Oil Co. will submit 4.51 EPS for the present yr.
Marathon Oil will increase yields
The corporate additionally lately declared a quarterly dividend, which was paid on Monday, December twelfth. Shareholders of file on Wednesday, November sixteenth have been issued a $0.09 dividend. This represents an annualized dividend of $0.36 and a yield of 1.33%. It is a increase from Marathon Oil’s earlier quarterly dividend of $0.08. The ex-dividend date for this dividend was Tuesday, November fifteenth. Marathon Oil’s dividend yield (DPR) is at present 6.91%.
Insiders place their bets
In different Marathon Oil information, CAO Rob L. White offered 2,000 shares of the agency’s inventory in a transaction on Friday, November 4th. The shares have been offered at a median worth of $32.31, for a complete worth of $64,620.00. Following the completion of the sale, the chief accounting officer now straight owns 41,377 shares within the firm, valued at $1,336,890.87. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is accessible on the SEC web site. In different information, CAO Rob L. White offered 2,000 shares of Marathon Oil inventory in a transaction dated Friday, November 4th. The shares have been offered at a median worth of $32.31, for a complete transaction of $64,620.00. Following the completion of the transaction, the chief accounting officer now straight owns 41,377 shares within the firm, valued at $1,336,890.87. The sale was disclosed in a submitting with the Securities & Trade Fee, which will be accessed by way of this hyperlink. Additionally, VP Michael A. Henderson offered 80,000 shares of Marathon Oil inventory in a transaction dated Tuesday, November eighth. The shares have been offered at a median worth of $32.56, for a complete transaction of $2,604,800.00. Following the transaction, the vp now owns 105,250 shares of the corporate’s inventory, valued at $3,426,940. The details about this sale will be discovered right here. Over the past ninety days, insiders have offered 419,601 shares of firm inventory valued at $13,493,768. 0.52% of the shares are at present owned by firm insiders.
Wall Avenue analyst weighs in
A number of brokerages lately commented on MRO. Mizuho reissued a “impartial” score and issued a $32.00 worth goal on shares of Marathon Oil in a analysis be aware on Tuesday, January tenth. Jefferies Monetary Group started protection on shares of Marathon Oil in a analysis be aware on Wednesday, October nineteenth. They issued a “maintain” score and a $30.00 worth goal for the corporate. Barclays boosted their worth goal on shares of Marathon Oil from $34.00 to $35.00 and gave the corporate an “obese” score in a analysis be aware on Wednesday, December seventh. Evercore ISI began protection on shares of Marathon Oil in a analysis be aware on Thursday, January fifth. They issued an “outperform” score for the corporate. Lastly, Goldman Sachs Group boosted their worth goal on shares of Marathon Oil from $27.00 to $30.00 and gave the corporate a “promote” score in a analysis be aware on Wednesday, November twenty third. Two funding analysts have rated the inventory with a promote score, seven have issued a maintain score, 9 have assigned a purchase score and one has assigned a powerful purchase score to the corporate. Based mostly on information from MarketBeat, Marathon Oil at present has a consensus score of “Maintain” and a median goal worth of $33.38.
About Marathon Oil
Marathon Oil Company operates as an impartial exploration and manufacturing firm in the US and internationally. The corporate is engaged within the exploration, manufacturing and advertising of crude oil and condensate, pure gasoline liquids and pure gasoline; and manufacturing and advertising of merchandise produced from pure gasoline, resembling liquefied pure gasoline and methanol.
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