Marathon Petroleum Co. (NYSE:MPC) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in Marathon Petroleum Co. (NYSE:MPC - Free Report) by 7.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 63,337 shares of the oil and gas company's stock after selling 5,271 shares during the quarter. Yousif Capital Management LLC's holdings in Marathon Petroleum were worth $9,397,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Marathon Petroleum during the 4th quarter worth approximately $25,000. Bruce G. Allen Investments LLC acquired a new stake in Marathon Petroleum during the fourth quarter worth approximately $32,000. Tennessee Valley Asset Management Partners bought a new stake in shares of Marathon Petroleum during the fourth quarter worth approximately $40,000. Peoples Bank KS bought a new position in Marathon Petroleum during the 3rd quarter worth $44,000. Finally, Exchange Traded Concepts LLC increased its position in Marathon Petroleum by 811.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 319 shares of the oil and gas company's stock worth $47,000 after acquiring an additional 284 shares during the period. 76.77% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Marathon Petroleum news, Director Kim K.W. Rucker sold 1,000 shares of the company's stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $170.35, for a total transaction of $170,350.00. Following the sale, the director now directly owns 23,446 shares of the company's stock, valued at $3,994,026.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.21% of the stock is currently owned by insiders.

Marathon Petroleum Stock Down 0.3 %

MPC stock traded down $0.53 during trading on Wednesday, reaching $199.12. The stock had a trading volume of 1,472,880 shares, compared to its average volume of 2,785,725. The company has a quick ratio of 1.13, a current ratio of 1.59 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $71.75 billion, a price-to-earnings ratio of 8.46, a P/E/G ratio of 1.70 and a beta of 1.52. Marathon Petroleum Co. has a one year low of $104.32 and a one year high of $221.11. The company's 50 day moving average is $191.26 and its two-hundred day moving average is $166.23.

Marathon Petroleum (NYSE:MPC - Get Free Report) last released its earnings results on Tuesday, January 30th. The oil and gas company reported $3.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $1.77. Marathon Petroleum had a return on equity of 30.58% and a net margin of 6.44%. The company had revenue of $36.26 billion during the quarter, compared to analyst estimates of $34.90 billion. During the same period in the prior year, the company posted $6.65 earnings per share. Marathon Petroleum's quarterly revenue was down 8.9% on a year-over-year basis. Equities research analysts forecast that Marathon Petroleum Co. will post 19.42 EPS for the current year.

Marathon Petroleum Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.66%. Marathon Petroleum's dividend payout ratio is presently 14.02%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Scotiabank raised their price objective on Marathon Petroleum from $175.00 to $207.00 and gave the stock a "sector outperform" rating in a research note on Thursday, April 11th. Piper Sandler raised their price objective on Marathon Petroleum from $159.00 to $204.00 and gave the company a "neutral" rating in a research note on Friday, April 5th. Barclays raised their price target on shares of Marathon Petroleum from $168.00 to $221.00 and gave the company an "overweight" rating in a research note on Friday, April 5th. Bank of America increased their price objective on shares of Marathon Petroleum from $185.00 to $230.00 and gave the company a "neutral" rating in a research note on Friday, March 15th. Finally, TD Cowen boosted their target price on shares of Marathon Petroleum from $168.00 to $170.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 31st. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $193.77.

About Marathon Petroleum

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services.