UBS Reports Marathon Petro (MPC) Downgrade and $65.0 Target; Republic Bancorp Has 1.19 Sentiment

November 15, 2017 - By Adrian Mccoy

Republic Bancorp, Inc. is a financial holding firm of Republic Bank & Trust Company and Republic Insurance Services, Inc. (the Captive). The company has market cap of $793.39 million. The Bank is a Kentucky-based, state chartered non-member financial institution. It has a 16 P/E ratio. The Captive is an insurance subsidiary of the Company.

Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Marathon Petroleum Corp has $79.0 highest and $38 lowest target. $62.41’s average target is 0.27% above currents $62.24 stock price. Marathon Petroleum Corp had 61 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Marathon Petroleum Corp (NYSE:MPC) has “Buy” rating given on Thursday, July 13 by Piper Jaffray. The stock of Marathon Petroleum Corp (NYSE:MPC) earned “Overweight” rating by JP Morgan on Wednesday, August 26. The rating was downgraded by Goldman Sachs on Tuesday, October 3 to “Neutral”. Cowen & Co maintained the shares of MPC in report on Thursday, July 13 with “Buy” rating. The firm earned “Buy” rating on Wednesday, July 5 by RBC Capital Markets. On Tuesday, October 17 the stock rating was maintained by Cowen & Co with “Buy”. Barclays Capital maintained it with “Overweight” rating and $74 target in Friday, December 4 report. The firm has “Outperform” rating given on Wednesday, October 7 by Wells Fargo. As per Friday, June 10, the company rating was maintained by JP Morgan. As per Tuesday, November 1, the company rating was upgraded by UBS.

Stadium Capital Management Llc holds 0.78% of its portfolio in Republic Bancorp, Inc. KY for 50,856 shares. Outfitter Advisors Ltd. owns 50,750 shares or 0.68% of their US portfolio. Moreover, Gendell Jeffrey L has 0.25% invested in the company for 98,093 shares. The California-based Menta Capital Llc has invested 0.16% in the stock. Seizert Capital Partners Llc, a Michigan-based fund reported 89,459 shares.

It closed at $38.56 lastly. It is down 25.29% since November 15, 2016 and is uptrending. It has outperformed by 8.59% the S&P500.

Since May 18, 2017, it had 0 insider buys, and 2 sales for $1.57 million activity. Another trade for 4,000 shares valued at $213,000 was made by Palmer C. Michael on Wednesday, May 24. 25,000 shares were sold by Kelley Thomas M., worth $1.36 million.

Analysts await Marathon Petroleum Corp (NYSE:MPC) to report earnings on February, 7. They expect $0.90 earnings per share, up 109.30% or $0.47 from last year’s $0.43 per share. MPC’s profit will be $444.07 million for 17.29 P/E if the $0.90 EPS becomes a reality. After $1.77 actual earnings per share reported by Marathon Petroleum Corp for the previous quarter, Wall Street now forecasts -49.15% negative EPS growth.

Investors sentiment decreased to 1.05 in 2017 Q2. Its down 0.03, from 1.08 in 2017Q1. It is negative, as 53 investors sold Marathon Petroleum Corp shares while 274 reduced holdings. 93 funds opened positions while 250 raised stakes. 383.45 million shares or 4.21% less from 400.29 million shares in 2017Q1 were reported. 356,625 are held by Cs Mckee Lp. Walleye Trading has invested 0.08% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Mason Street Advsr Ltd invested in 0.09% or 71,995 shares. Etrade Lc invested in 0.02% or 9,253 shares. Paragon Capital Management Limited reported 0.11% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Sterling Mgmt has 0.09% invested in Marathon Petroleum Corp (NYSE:MPC). 800 are owned by Delta Asset Mngmt Ltd Llc Tn. Massmutual Trust Fsb Adv has 0% invested in Marathon Petroleum Corp (NYSE:MPC). Hsbc Public Limited Co accumulated 550,774 shares or 0.05% of the stock. Ny State Common Retirement Fund holds 0.12% in Marathon Petroleum Corp (NYSE:MPC) or 1.80M shares. Voloridge Investment Mgmt Limited Liability holds 0.6% of its portfolio in Marathon Petroleum Corp (NYSE:MPC) for 458,055 shares. Assetmark holds 0% or 5,124 shares in its portfolio. Ent Fincl, a Missouri-based fund reported 1,281 shares. Virginia-based Davenport And Communications Limited Liability Corporation has invested 0% in Marathon Petroleum Corp (NYSE:MPC). Employees Retirement Systems Of Texas holds 147,000 shares or 0.1% of its portfolio.

Marathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The company has market cap of $30.71 billion. The Firm operates through three divisions: Refining & Marketing; Speedway; and Midstream. It has a 19.66 P/E ratio. The Refining & Marketing segment refines crude oil and other feedstocks at the Company’s seven refineries in the Gulf Coast and Midwest regions of the United States.

About 12,769 shares traded. Marathon Petroleum Corp (NYSE:MPC) has risen 46.20% since November 15, 2016 and is uptrending. It has outperformed by 29.50% the S&P500.

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