Metlife (MET) Holder Schafer Cullen Capital Management Has Decreased Its Position as Market Value Declined; As Marathon Petroleum (MPC) Stock Rose, Boyd Watterson Asset Management Has Lowered Holding by $443,885

April 24, 2018 - By mmahotstuff

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Schafer Cullen Capital Management Inc decreased its stake in Metlife Inc. (MET) by 4.43% based on its latest 2017Q4 regulatory filing with the SEC. Schafer Cullen Capital Management Inc sold 115,135 shares as the company’s stock declined 10.38% with the market. The hedge fund held 2.48 million shares of the finance company at the end of 2017Q4, valued at $125.64 million, down from 2.60M at the end of the previous reported quarter. Schafer Cullen Capital Management Inc who had been investing in Metlife Inc. for a number of months, seems to be less bullish one the $49.12B market cap company. The stock decreased 0.04% or $0.0192 during the last trading session, reaching $47.3808. About 3.49M shares traded. MetLife, Inc. (NYSE:MET) has declined 1.24% since April 24, 2017 and is downtrending. It has underperformed by 12.79% the S&P500.

Boyd Watterson Asset Management Llc decreased its stake in Marathon Petroleum Corp (MPC) by 52.51% based on its latest 2017Q4 regulatory filing with the SEC. Boyd Watterson Asset Management Llc sold 6,829 shares as the company’s stock rose 9.83% while stock markets declined. The institutional investor held 6,176 shares of the integrated oil company at the end of 2017Q4, valued at $407,000, down from 13,005 at the end of the previous reported quarter. Boyd Watterson Asset Management Llc who had been investing in Marathon Petroleum Corp for a number of months, seems to be less bullish one the $37.78 billion market cap company. The stock decreased 0.26% or $0.21 during the last trading session, reaching $79.64. About 2.77M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 49.25% since April 24, 2017 and is uptrending. It has outperformed by 37.70% the S&P500.

Boyd Watterson Asset Management Llc, which manages about $4.87 billion and $207.21 million US Long portfolio, upped its stake in Walgreens Boots Alliance by 8,437 shares to 37,579 shares, valued at $2.73 million in 2017Q4, according to the filing. It also increased its holding in Jm Smucker Company (NYSE:SJM) by 5,800 shares in the quarter, for a total of 8,339 shares, and has risen its stake in Citigroup Inc (NYSE:C).

Among 20 analysts covering Marathon Petroleum Corp (NYSE:MPC), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 70% are positive. Marathon Petroleum Corp had 85 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Friday, April 20. The firm earned “Sector Outperform” rating on Thursday, February 4 by Howard Weil. The company was maintained on Friday, August 25 by Jefferies. UBS initiated the stock with “Sell” rating in Thursday, May 19 report. The stock has “Overweight” rating by Morgan Stanley on Monday, April 16. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Sell” rating by Wells Fargo on Monday, February 5. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, July 20 report. On Thursday, July 27 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by Jefferies on Thursday, June 22. JP Morgan maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Tuesday, March 13. JP Morgan has “Overweight” rating and $90 target.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.05, from 0.91 in 2017Q3. It increased, as 37 investors sold MPC shares while 316 reduced holdings. 118 funds opened positions while 222 raised stakes. 367.91 million shares or 3.23% less from 380.18 million shares in 2017Q3 were reported. Jane Street Gru Limited Liability has invested 0.02% in Marathon Petroleum Corporation (NYSE:MPC). Wetherby Asset holds 0.09% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 9,391 shares. Snow Capital LP reported 0.01% in Marathon Petroleum Corporation (NYSE:MPC). Moreover, Field & Main Financial Bank has 0.28% invested in Marathon Petroleum Corporation (NYSE:MPC). Manchester Cap Mgmt Limited Liability owns 0.01% invested in Marathon Petroleum Corporation (NYSE:MPC) for 967 shares. 75,378 are owned by Commonwealth Of Pennsylvania Public School Empls Retrmt Sys. Cleararc Cap reported 12,448 shares. Institute For Wealth Mngmt Ltd Liability owns 15,298 shares. Ifrah Services Inc has 4,332 shares. Alphamark Advsr Lc reported 20 shares or 0% of all its holdings. Aull Monroe Management Corp holds 4,124 shares. 230,090 were reported by Employees Retirement Sys Of Ohio. 5,356 are owned by Oakworth. Salem Invest Counselors owns 3,288 shares for 0.02% of their portfolio. 3,820 are held by White Pine Capital Ltd Liability.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on May, 1 before the open. They expect $0.24 earnings per share, up 300.00% or $0.18 from last year’s $0.06 per share. MPC’s profit will be $113.86M for 82.96 P/E if the $0.24 EPS becomes a reality. After $1.05 actual earnings per share reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -77.14% negative EPS growth.

Since December 12, 2017, it had 1 insider buy, and 5 selling transactions for $8.42 million activity. Palmer C. Michael sold $1.12M worth of Marathon Petroleum Corporation (NYSE:MPC) on Tuesday, December 12. BUNCH CHARLES E had bought 1,500 shares worth $101,070 on Tuesday, March 6. Nichols Rodney P. also sold $413,864 worth of Marathon Petroleum Corporation (NYSE:MPC) shares.

Schafer Cullen Capital Management Inc, which manages about $10.62 billion and $8.60 billion US Long portfolio, upped its stake in Ishares Msci Taiwan Etf by 27,380 shares to 430,956 shares, valued at $15.61M in 2017Q4, according to the filing. It also increased its holding in Silicon Motion Technology Corp (NASDAQ:SIMO) by 28,495 shares in the quarter, for a total of 47,223 shares, and has risen its stake in Mmc Norilsk Nickel Pjsc (Adr).

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.13, from 0.89 in 2017Q3. It increased, as 45 investors sold MET shares while 330 reduced holdings. 93 funds opened positions while 290 raised stakes. 782.94 million shares or 0.24% less from 784.85 million shares in 2017Q3 were reported. Impax Asset Limited Co holds 8,405 shares. F&V Management Ltd Llc stated it has 10,160 shares. Laurion Cap Mgmt L P, a New York-based fund reported 707,526 shares. Carroll Fincl Associate owns 3,026 shares. 10 holds 2.71% in MetLife, Inc. (NYSE:MET) or 224,030 shares. Profund Advisors Limited Liability Com reported 32,449 shares. Next Grp holds 5,521 shares or 0.12% of its portfolio. Pacad Ltd reported 48,095 shares stake. 2.47M were reported by New York State Common Retirement Fund. West Oak Cap invested in 0% or 126 shares. Fmr Ltd Liability Corporation accumulated 27.14M shares. The Virginia-based Thompson Siegel & Walmsley Ltd Liability Corp has invested 0.02% in MetLife, Inc. (NYSE:MET). Suntrust Banks accumulated 71,957 shares or 0.02% of the stock. D E Shaw & reported 291,204 shares or 0.02% of all its holdings. Ftb Advisors accumulated 135,112 shares.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Positions Chart

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