American Research & Management Decreased Welltower (HCN) Stake; Kensico Capital Management Has Decreased Marathon Pete (MPC) Holding By $64.04 Million

March 23, 2018 - By Nellie Frank

American Research & Management decreased Welltower Inc. (HCN) stake by 61.26% reported in 2017Q3 SEC filing. American Research & Management sold 12,250 shares as Welltower Inc. (HCN)’s stock rose 11.10%. The American Research & Management holds 7,746 shares with $544,000 value, down from 19,996 last quarter. Welltower Inc. now has $19.34B valuation. The stock decreased 4.01% or $2.18 during the last trading session, reaching $52.22. About 3.19M shares traded or 12.96% up from the average. Welltower Inc. (NYSE:HCN) has risen 7.08% since March 23, 2017 and is uptrending. It has underperformed by 9.62% the S&P500.

Kensico Capital Management Corp decreased Marathon Pete Corp (MPC) stake by 12.63% reported in 2017Q3 SEC filing. Kensico Capital Management Corp sold 1.14M shares as Marathon Pete Corp (MPC)’s stock rose 5.52%. The Kensico Capital Management Corp holds 7.91 million shares with $443.57 million value, down from 9.05M last quarter. Marathon Pete Corp now has $34.62 billion valuation. The stock decreased 0.33% or $0.24 during the last trading session, reaching $72.97. About 3.81M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since March 23, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Since December 12, 2017, it had 1 buying transaction, and 5 selling transactions for $8.42 million activity. Nichols Rodney P. also sold $413,864 worth of Marathon Petroleum Corporation (NYSE:MPC) on Thursday, December 14. BUNCH CHARLES E had bought 1,500 shares worth $101,070 on Tuesday, March 6. Another trade for 17,298 shares valued at $1.12M was sold by Palmer C. Michael. Kelley Thomas M. sold $1.40 million worth of Marathon Petroleum Corporation (NYSE:MPC) on Tuesday, March 13.

Kensico Capital Management Corp increased Tableau Software Inc (NYSE:DATA) stake by 403,828 shares to 1.44M valued at $108.13M in 2017Q3. It also upped Lamb Weston Hldgs Inc stake by 1.32 million shares and now owns 3.64 million shares. Western Digital Corp (NASDAQ:WDC) was raised too.

Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Marathon Petroleum Corp had 80 analyst reports since August 10, 2015 according to SRatingsIntel. As per Tuesday, October 10, the company rating was maintained by Barclays Capital. JP Morgan maintained the shares of MPC in report on Tuesday, March 13 with “Overweight” rating. The rating was upgraded by Bank of America on Tuesday, January 5 to “Neutral”. The rating was upgraded by Vetr to “Buy” on Monday, August 24. The firm earned “Buy” rating on Thursday, July 27 by RBC Capital Markets. On Wednesday, March 7 the stock rating was reinitiated by Credit Suisse with “Outperform”. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Outperform” rating by Oppenheimer on Wednesday, November 25. Zacks downgraded Marathon Petroleum Corporation (NYSE:MPC) on Monday, August 10 to “Buy” rating. The firm has “Overweight” rating by JP Morgan given on Wednesday, December 7. UBS initiated the shares of MPC in report on Thursday, May 19 with “Sell” rating.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on April, 26. They expect $0.64 earnings per share, up 966.67% or $0.58 from last year’s $0.06 per share. MPC’s profit will be $303.61M for 28.50 P/E if the $0.64 EPS becomes a reality. After $1.05 actual earnings per share reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -39.05% negative EPS growth.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.05, from 0.91 in 2017Q2. It improved, 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. Cibc Ww owns 101,613 shares. The North Carolina-based Bankshares Of America Corporation De has invested 0.03% in Marathon Petroleum Corporation (NYSE:MPC). River Road Asset Mngmt Lc owns 1.68 million shares. Kings Point Capital Mgmt holds 0.07% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 5,616 shares. Catalyst Advisors has invested 0% in Marathon Petroleum Corporation (NYSE:MPC). First Personal Fincl Svcs invested 0.02% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Whittier Trust Of Nevada invested 0.08% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Oppenheimer And invested in 19,847 shares. State Board Of Administration Of Florida Retirement System accumulated 763,698 shares or 0.12% of the stock. National Pension Serv reported 0.16% stake. Usca Ria Limited Liability Corporation has 0.67% invested in Marathon Petroleum Corporation (NYSE:MPC) for 99,659 shares. Cadence Cap Mgmt Ltd Liability reported 89,028 shares. Moreover, Girard Prns Limited has 0.07% invested in Marathon Petroleum Corporation (NYSE:MPC). Lazard Asset Mngmt Llc holds 98,970 shares or 0.01% of its portfolio. Hanson Doremus Inv Management holds 0.04% or 1,836 shares in its portfolio.

Since February 26, 2018, it had 2 insider purchases, and 0 insider sales for $131,999 activity. The insider BACON KENNETH J bought 600 shares worth $32,179. 1,862 Welltower Inc. (NYSE:HCN) shares with value of $99,820 were bought by Whitelaw Gary.

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