Marathon Pete Com (MPC) Holding Lifted by Leavell Investment Management Inc; Matthews International Capital Management Has Raised Stake in Bitauto Hldgs LTD (BITA) by $3.66 Million

April 18, 2018 - By Michael Collier

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Matthews International Capital Management Llc increased its stake in Bitauto Hldgs Ltd (BITA) by 93.58% based on its latest 2017Q4 regulatory filing with the SEC. Matthews International Capital Management Llc bought 118,000 shares as the company’s stock declined 36.73% with the market. The institutional investor held 244,100 shares of the edp services company at the end of 2017Q4, valued at $7.76 million, up from 126,100 at the end of the previous reported quarter. Matthews International Capital Management Llc who had been investing in Bitauto Hldgs Ltd for a number of months, seems to be bullish on the $1.40B market cap company. The stock decreased 3.63% or $0.76 during the last trading session, reaching $20.2. About 807,540 shares traded. Bitauto Holdings Limited (NYSE:BITA) has declined 22.66% since April 18, 2017 and is downtrending. It has underperformed by 34.21% the S&P500.

Leavell Investment Management Inc increased its stake in Marathon Pete Corp Com (MPC) by 41.67% based on its latest 2017Q4 regulatory filing with the SEC. Leavell Investment Management Inc bought 7,000 shares as the company’s stock rose 9.83% while stock markets declined. The institutional investor held 23,800 shares of the integrated oil company at the end of 2017Q4, valued at $1.57M, up from 16,800 at the end of the previous reported quarter. Leavell Investment Management Inc who had been investing in Marathon Pete Corp Com for a number of months, seems to be bullish on the $37.94B market cap company. The stock increased 1.82% or $1.43 during the last trading session, reaching $79.98. About 1.81M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 49.25% since April 18, 2017 and is uptrending. It has outperformed by 37.70% the S&P500.

Among 9 analysts covering Bitauto Holdings (NYSE:BITA), 8 have Buy rating, 1 Sell and 0 Hold. Therefore 89% are positive. Bitauto Holdings had 16 analyst reports since October 29, 2015 according to SRatingsIntel. The company was initiated on Tuesday, February 23 by JP Morgan. The rating was downgraded by Credit Agricole to “Underperform” on Tuesday, November 10. CLSA upgraded the shares of BITA in report on Monday, February 22 to “Buy” rating. The firm has “Buy” rating given on Wednesday, January 27 by HSBC. The stock of Bitauto Holdings Limited (NYSE:BITA) earned “Buy” rating by Credit Agricole on Monday, February 22. The stock of Bitauto Holdings Limited (NYSE:BITA) earned “Buy” rating by Citigroup on Tuesday, January 2. The rating was downgraded by CLSA to “Outperform” on Wednesday, May 24. The rating was downgraded by Morgan Stanley on Monday, May 16 to “Underweight”. The firm has “Overweight” rating given on Wednesday, August 31 by JP Morgan. The firm has “Outperform” rating by Macquarie Research given on Friday, July 8.

Matthews International Capital Management Llc, which manages about $24.94 billion and $2.12B US Long portfolio, decreased its stake in China Lodging Group Ltd (NASDAQ:HTHT) by 48,300 shares to 150,500 shares, valued at $21.74M in 2017Q4, according to the filing. It also reduced its holding in Taiwan Semiconductor Mfg Ltd (NYSE:TSM) by 385,000 shares in the quarter, leaving it with 3.37 million shares, and cut its stake in Hsbc Hldgs Plc (NYSE:HSBC).

Since December 12, 2017, it had 1 insider purchase, and 5 insider sales for $8.42 million activity. BUNCH CHARLES E bought $101,070 worth of stock or 1,500 shares. 20,000 shares were sold by Kelley Thomas M., worth $1.40 million on Tuesday, March 13. $413,864 worth of Marathon Petroleum Corporation (NYSE:MPC) was sold by Nichols Rodney P..

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.05, from 0.91 in 2017Q3. It improved, 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. Crestpoint Capital Lc owns 1.95% invested in Marathon Petroleum Corporation (NYSE:MPC) for 53,200 shares. Fukoku Mutual Life Ins Communication stated it has 3,100 shares. Boulegeris Invs holds 51,061 shares or 1.75% of its portfolio. Community Natl Bank Na owns 344 shares. The Connecticut-based Aqr Capital Ltd Llc has invested 0.22% in Marathon Petroleum Corporation (NYSE:MPC). 2,646 were accumulated by Sandy Spring Bank. Adage Cap Prtnrs Group Inc Ltd Liability has invested 0.15% in Marathon Petroleum Corporation (NYSE:MPC). Wesbanco Bank, a West Virginia-based fund reported 92,603 shares. Thrivent For Lutherans stated it has 250,408 shares. Roosevelt Investment Gp owns 99,674 shares. Sawgrass Asset Limited Liability Com has invested 0.12% in Marathon Petroleum Corporation (NYSE:MPC). Sg Americas Limited Company, New York-based fund reported 90,866 shares. Advsr Asset Management has invested 0.13% in Marathon Petroleum Corporation (NYSE:MPC). Oppenheimer & has invested 0.02% in Marathon Petroleum Corporation (NYSE:MPC). Palladium Prtn Ltd Liability Corp has invested 0.43% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC).

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 84 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Marathon Petroleum Corporation (NYSE:MPC) has “Buy” rating given on Monday, August 24 by Vetr. The stock of Marathon Petroleum Corporation (NYSE:MPC) has “Neutral” rating given on Wednesday, November 15 by UBS. Cowen & Co maintained Marathon Petroleum Corporation (NYSE:MPC) on Friday, December 15 with “Buy” rating. The company was maintained on Friday, December 4 by Deutsche Bank. The rating was maintained by Howard Weil on Friday, October 28 with “Sector Perform”. The firm has “Buy” rating by RBC Capital Markets given on Thursday, July 27. RBC Capital Markets maintained it with “Buy” rating and $71.0 target in Thursday, August 31 report. The firm earned “Top Pick” rating on Friday, April 29 by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, October 18. Cowen & Co maintained Marathon Petroleum Corporation (NYSE:MPC) on Tuesday, November 14 with “Buy” rating.

Marathon Petroleum Corporation (NYSE:MPC) Institutional Positions Chart

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