Why Richard Contreras Sold 164 Stock of Fresh Del Monte Produce Inc. (FDP)?; Coastline Trust Co Has Trimmed Marathon Petroleum (MPC) Stake By $470,568

February 24, 2018 - By Adrian Erickson

Mr. Richard Contreras, the SVP and CFO at Fresh Del Monte Produce Inc has not a long ago been linked with a stock market deal of 164 shares of the corporation, valued at $46.8 per share. The transaction was for a total value of of $7,667 U.S. Dollars. At present, Richard Contreras owns 236 shares or about 0.0005% of the Company’s market cap (total dollar market value of all company’s outstanding shares).

Coastline Trust Co decreased Marathon Petroleum Corporation (MPC) stake by 14.52% reported in 2017Q3 SEC filing. Coastline Trust Co sold 8,403 shares as Marathon Petroleum Corporation (MPC)’s stock rose 5.52%. The Coastline Trust Co holds 49,470 shares with $2.78 million value, down from 57,873 last quarter. Marathon Petroleum Corporation now has $32.47B valuation. The stock increased 0.53% or $0.35 during the last trading session, reaching $66.81. About 2.90M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since February 24, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.17, from 0.94 in 2017Q2. It improved, as 23 investors sold Fresh Del Monte Produce Inc. shares while 43 reduced holdings. 23 funds opened positions while 50 raised stakes. 32.23 million shares or 2.25% less from 32.98 million shares in 2017Q2 were reported. Parametric Port Associates Lc stated it has 135,690 shares or 0.01% of all its holdings. First Tru Advisors Lp reported 60,857 shares or 0.01% of all its holdings. United Kingdom-based Barclays Public Lc has invested 0% in Fresh Del Monte Produce Inc. (NYSE:FDP). Credit Suisse Ag holds 0% or 50,031 shares. Strategic Limited Liability holds 0.17% or 9,499 shares. Martingale Asset Mgmt Limited Partnership holds 0.07% of its portfolio in Fresh Del Monte Produce Inc. (NYSE:FDP) for 120,022 shares. Clarivest Asset Mgmt Lc holds 101,500 shares. Iowa-based Principal Finance has invested 0% in Fresh Del Monte Produce Inc. (NYSE:FDP). Piermont Capital Management Inc owns 8,730 shares or 0.13% of their US portfolio. Dean Investment Associate Limited Com owns 125,780 shares. Schwab Charles owns 0.01% invested in Fresh Del Monte Produce Inc. (NYSE:FDP) for 369,083 shares. Rhumbline Advisers accumulated 51,694 shares. D E Shaw Inc invested in 0% or 10,545 shares. Credit Agricole S A accumulated 0% or 8,000 shares. First Personal Svcs reported 956 shares.

Since August 30, 2017, it had 0 insider purchases, and 1 sale for $206,861 activity. Abbas Mohammed also sold $206,861 worth of Fresh Del Monte Produce Inc. (NYSE:FDP) shares.

The stock decreased 3.21% or $1.58 during the last trading session, reaching $47.6. About 354,323 shares traded or 60.68% up from the average. Fresh Del Monte Produce Inc. (NYSE:FDP) has risen 3.35% since February 24, 2017 and is uptrending. It has underperformed by 13.35% the S&P500.

Among 2 analysts covering Fresh Del Monte (NYSE:FDP), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Fresh Del Monte has $74 highest and $45.0 lowest target. $74’s average target is 55.46% above currents $47.6 stock price. Fresh Del Monte had 4 analyst reports since January 5, 2016 according to SRatingsIntel. The rating was maintained by Wunderlich on Wednesday, November 2 with “Buy”. On Wednesday, May 11 the stock rating was maintained by Wunderlich with “Buy”. The rating was initiated by Sidoti on Thursday, May 12 with “Neutral”. The firm has “Buy” rating by Wunderlich given on Tuesday, January 5.

Fresh Del Monte Produce Inc., together with its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruit and vegetables worldwide. The company has market cap of $2.32 billion. It offers fresh produce products consisting of bananas, pineapples, melons, tomatoes, grapes, apples, pears, peaches, plums, nectarines, cherries, citrus, avocados, blueberries, and kiwi; various vegetables, including potatoes, onions, bell peppers, and cucumbers; and various other fruits, such as strawberries, plantains, and mangos. It has a 19.92 P/E ratio. The firm also provides prepared food products comprising prepared fruits and vegetables, juices, other beverages, snacks, poultry, and meat products.

Coastline Trust Co increased Oracle Corporation Com (NYSE:ORCL) stake by 7,190 shares to 82,154 valued at $3.97M in 2017Q3. It also upped Vanguard Short (VTIP) stake by 12,685 shares and now owns 54,931 shares. Amgen Inc (NASDAQ:AMGN) was raised too.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on April, 26. They expect $0.67 earnings per share, up 1,016.67% or $0.61 from last year’s $0.06 per share. MPC’s profit will be $325.62 million for 24.93 P/E if the $0.67 EPS becomes a reality. After $1.05 actual earnings per share reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -36.19% negative EPS growth.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.14, from 1.05 in 2017Q2. It turned negative, 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. Pnc Financial Svcs Gru has invested 0.04% in Marathon Petroleum Corporation (NYSE:MPC). Capstone Investment Advsrs Ltd reported 19,465 shares. 59,051 were reported by Kepos Cap L P. Arizona State Retirement has invested 0.12% in Marathon Petroleum Corporation (NYSE:MPC). Moors & Cabot accumulated 11,103 shares or 0.09% of the stock. Amer Century Inc accumulated 2.21M shares. 1,982 were reported by Blue Chip Prns Inc. Amica Pension Fund Board Of Trustees, Rhode Island-based fund reported 19,475 shares. Eaton Vance Management holds 0.03% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 196,120 shares. Cs Mckee LP accumulated 392,610 shares or 1.71% of the stock. Federated Invsts Pa, Pennsylvania-based fund reported 43,298 shares. Condor Mgmt owns 27,681 shares. Benjamin F Edwards & reported 8,673 shares stake. Hancock Co has 267,495 shares for 0.64% of their portfolio. Wealthfront Inc has 12,483 shares.

Since September 14, 2017, it had 0 insider buys, and 5 selling transactions for $7.73 million activity. Kelley Thomas M. had sold 35,604 shares worth $2.31 million. Another trade for 11,450 shares valued at $607,079 was made by Palmer C. Michael on Thursday, September 14. $413,864 worth of Marathon Petroleum Corporation (NYSE:MPC) was sold by Nichols Rodney P. on Thursday, December 14.

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. The firm has “Buy” rating by Zacks given on Monday, August 10. The rating was upgraded by Wells Fargo to “Outperform” on Wednesday, October 7. The firm has “Hold” rating by Scotia Capital given on Thursday, December 21. The firm has “Outperform” rating given on Wednesday, November 25 by Oppenheimer. The rating was maintained by Jefferies on Friday, August 25 with “Buy”. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Overweight” rating by Barclays Capital on Tuesday, October 10. Scotia Capital maintained the stock with “Hold” rating in Wednesday, January 10 report. On Tuesday, November 14 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by Howard Weil with “Sector Outperform” on Thursday, February 4. Citigroup maintained the shares of MPC in report on Wednesday, October 18 with “Buy” rating.

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