Marathon Petroleum (MPC) Market Value Rose While Reaves W H & Company Has Cut Holding by $879,892; Columbia Sportswear Co (COLM) Market Value Declined While Jpmorgan Chase & Company Raised Stake by $7.62 Million

November 15, 2017 - By Vivian Currie

Reaves W H & Company Inc decreased its stake in Marathon Petroleum Corp (MPC) by 3.86% based on its latest 2017Q2 regulatory filing with the SEC. Reaves W H & Company Inc sold 16,921 shares as the company’s stock rose 5.52% with the market. The institutional investor held 421,130 shares of the integrated oil company at the end of 2017Q2, valued at $22.04M, down from 438,051 at the end of the previous reported quarter. Reaves W H & Company Inc who had been investing in Marathon Petroleum Corp for a number of months, seems to be less bullish one the $30.71 billion market cap company. The stock increased 1.06% or $0.66 during the last trading session, reaching $62.87. About 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.

Jpmorgan Chase & Company increased its stake in Columbia Sportswear Co (COLM) by 8.7% based on its latest 2017Q2 regulatory filing with the SEC. Jpmorgan Chase & Company bought 131,329 shares as the company’s stock declined 7.31% while stock markets rallied. The institutional investor held 1.64M shares of the apparel company at the end of 2017Q2, valued at $95.28 million, up from 1.51 million at the end of the previous reported quarter. Jpmorgan Chase & Company who had been investing in Columbia Sportswear Co for a number of months, seems to be bullish on the $4.43B market cap company. The stock increased 0.91% or $0.57 during the last trading session, reaching $63.38. About shares traded. Columbia Sportswear Company (NASDAQ:COLM) has risen 0.63% since November 15, 2016 and is uptrending. It has underperformed by 16.07% the S&P500.

Reaves W H & Company Inc, which manages about $3.03 billion and $2.71 billion US Long portfolio, upped its stake in Williams Partners LP Com Unit (ACMP) by 100,000 shares to 195,000 shares, valued at $7.82 million in 2017Q2, according to the filing. It also increased its holding in Uniti Group Inc by 520,247 shares in the quarter, for a total of 1.87 million shares, and has risen its stake in Transcanada Corp (NYSE:TRP).

Analysts await Marathon Petroleum Corp (NYSE:MPC) to report earnings on February, 7. They expect $0.90 EPS, up 109.30% or $0.47 from last year’s $0.43 per share. MPC’s profit will be $439.62 million for 17.46 P/E if the $0.90 EPS becomes a reality. After $1.77 actual EPS 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 Q2 2017. Its down 0.03, from 1.08 in 2017Q1. It fall, as 53 investors sold MPC 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. Macquarie Limited reported 0% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Keybank Association Oh has 0.01% invested in Marathon Petroleum Corp (NYSE:MPC). Tokio Marine Asset invested in 6,386 shares. Thompson Siegel & Walmsley Ltd Llc stated it has 757,245 shares or 0.47% of all its holdings. Dekabank Deutsche Girozentrale holds 109,208 shares or 0.05% of its portfolio. Bluemountain Capital Ltd Limited Liability Company holds 46,896 shares or 0.05% of its portfolio. Mutual Of America Cap Limited Company owns 110,218 shares. Alphamark Limited Liability stated it has 20 shares or 0% of all its holdings. Reilly Finance Advsr Limited Company stated it has 0% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Moreover, State Bank Of Ny Mellon Corporation has 0.07% invested in Marathon Petroleum Corp (NYSE:MPC) for 4.93M shares. 52,148 are held by Amg Funds Lc. Liberty Mutual Gru Asset Management invested 0.07% in Marathon Petroleum Corp (NYSE:MPC). Westwood Grp Inc has invested 0.04% of its portfolio in Marathon Petroleum Corp (NYSE:MPC). Louisiana State Employees Retirement System has 32,200 shares. Icon Advisers Incorporated invested in 0.16% or 45,000 shares.

More notable recent Marathon Petroleum Corp (NYSE:MPC) news were published by: Toledoblade.com which released: “Marathon Petroleum, Dana, First Solar report strong profits” on October 26, 2017, also Nasdaq.com with their article: “Marathon Petroleum Corp. and MPLX LP announce agreement for approximately $8.1 …” published on November 13, 2017, Law360.com published: “$8.1B Deal Completes Marathon Petroleum MLP Drop-Downs” on November 14, 2017. More interesting news about Marathon Petroleum Corp (NYSE:MPC) were released by: Seekingalpha.com and their article: “Marathon Petroleum To Create Second Largest Domestic Refining Complex By 2020” published on October 26, 2017 as well as Bizjournals.com‘s news article titled: “Contractor change at Marathon Petroleum’s Texas City refinery affects up to …” with publication date: November 14, 2017.

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 had 61 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by Howard Weil given on Friday, October 28. The firm has “Overweight” rating by JP Morgan given on Wednesday, December 7. The firm has “Neutral” rating by UBS given on Tuesday, November 1. Howard Weil upgraded it to “Sector Outperform” rating and $62.0 target in Tuesday, December 15 report. The firm has “Sell” rating by UBS given on Thursday, May 19. Citigroup maintained the shares of MPC in report on Wednesday, October 18 with “Buy” rating. The rating was maintained by Piper Jaffray with “Neutral” on Monday, August 22. On Thursday, July 27 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Deutsche Bank on Tuesday, February 9 with “Buy”. The firm has “Buy” rating given on Monday, August 24 by Vetr.

Since May 18, 2017, it had 0 insider purchases, and 2 selling transactions for $1.57 million activity. Kelley Thomas M. sold $1.36M worth of stock or 25,000 shares.

Since May 25, 2017, it had 0 insider buys, and 1 sale for $95,178 activity.

Among 18 analysts covering Columbia Sportswear Company (NASDAQ:COLM), 8 have Buy rating, 0 Sell and 10 Hold. Therefore 44% are positive. Columbia Sportswear Company had 43 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Columbia Sportswear Company (NASDAQ:COLM) earned “Neutral” rating by Macquarie Research on Tuesday, October 27. On Friday, September 11 the stock rating was initiated by BB&T Capital with “Buy”. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, July 28. The stock of Columbia Sportswear Company (NASDAQ:COLM) has “Outperform” rating given on Friday, January 22 by Robert W. Baird. The firm earned “Neutral” rating on Friday, February 12 by Credit Suisse. The firm has “Hold” rating by Stifel Nicolaus given on Friday, October 27. The stock has “Buy” rating by Robert W. Baird on Friday, September 15. The rating was initiated by Buckingham Research on Thursday, October 20 with “Neutral”. The stock of Columbia Sportswear Company (NASDAQ:COLM) has “Buy” rating given on Friday, April 29 by Citigroup. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, October 18.

Investors sentiment increased to 0.97 in Q2 2017. Its up 0.11, from 0.86 in 2017Q1. It improved, as 21 investors sold COLM shares while 52 reduced holdings. 20 funds opened positions while 51 raised stakes. 26.55 million shares or 0.81% less from 26.77 million shares in 2017Q1 were reported. Moreover, Northern Trust has 0.01% invested in Columbia Sportswear Company (NASDAQ:COLM). 4,523 are held by Glenmede Na. Atlanta Capital Mngmt L L C accumulated 1.32% or 3.89 million shares. Invesco reported 1.50M shares. 9,410 are owned by Fifth Third National Bank & Trust. Qci Asset Mgmt has invested 0% in Columbia Sportswear Company (NASDAQ:COLM). Great West Life Assurance Can has 2,627 shares. 6,060 were reported by Fmr Limited Liability Com. Gp One Trading LP has invested 0% of its portfolio in Columbia Sportswear Company (NASDAQ:COLM). 114 were accumulated by Farmers & Merchants Investments. California Public Employees Retirement System stated it has 70,800 shares or 0.01% of all its holdings. Global X Mngmt Co Limited Liability has invested 0% in Columbia Sportswear Company (NASDAQ:COLM). Westwood Holdings Gp reported 0.21% in Columbia Sportswear Company (NASDAQ:COLM). D E Shaw Com Incorporated has invested 0% of its portfolio in Columbia Sportswear Company (NASDAQ:COLM). Tennessee-based Martin & Incorporated Tn has invested 0.66% in Columbia Sportswear Company (NASDAQ:COLM).

More recent Columbia Sportswear Company (NASDAQ:COLM) news were published by: Nasdaq.com which released: “Columbia Sportswear Company (COLM) Ex-Dividend Date Scheduled for November 15 …” on November 14, 2017. Also Bizjournals.com published the news titled: “Columbia Sportswear Co.’s Q3 earnings beat Wall St. expectations” on October 26, 2017. Oregonlive.com‘s news article titled: “Columbia Sportswear considers closing downtown office citing safety concerns” with publication date: November 11, 2017 was also an interesting one.

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