Shares of the Company are trading below their 50-day moving average by -3.45%.
Hedge funds and other institutional investors have recently modified their holdings of the company. Global X Management Co. Todd Asset Management LLC purchased a new position in shares of Marathon Oil during the third quarter worth about $257,000. Wells Fargo & Company MN now owns 3,765,418 shares of the company's stock worth $152,837,000 after buying an additional 1,893,062 shares during the last quarter. Independent Advisor Alliance purchased a new position in shares of Marathon Oil during the fourth quarter worth about $103,000. They set a buy rating and a $29.00 price target on the stock. In the last five years, the company's full-year sales raise remained over 88.50% a year on average and the company's earnings per share moved down by an average rate of -13.50%. Finally, FTB Advisors Inc. increased its position in shares of Marathon Oil by 15.6% in the third quarter. If you are investing like Buffett, the report can assist in finding the company with the durable competitive advantage, and if Peter Lynch is your hero, you might find a low P/E ratio, share buyback or future earnings growth in the depths of the report. The number of shares now owned by investors are 528 mln.
A number of other analysts also recently issued reports on the stock. Susquehanna Bancshares Inc reiterated a "neutral" rating on shares of Marathon Oil in a research note on Wednesday, December 7th.
Marathon Oil Corporation's (MRO) witnessed a loss of -0.58% in recent trading period with closing price of $ 15.46. The company maintains price to book ratio of 0.75. Shares of Marathon Oil Corporation (MRO) are trading -19.56% downward from the 52-week high mark and 62.45% above from the fifty two-week low mark. The stock was rated "Hold" by 15 analysts in current phase, 2 analysts rated at "Overweight".
If we glance over stock price target, the analysts were fairly in stock's favor assigning high price target of 78 and average price target of 66.33.
Shares of Calpine Corporation (NYSE:CPN) inclined 1.36% to $11.20. The company has a 50 day moving average of $16.15 and a 200 day moving average of $16.10. Marathon Petroleum Corp has a 12-month low of $32.02 and a 12-month high of $54.59.
The company also recently announced a quarterly dividend, which was paid on Friday, March 10th.
When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 0. The ex-dividend date of this dividend was Tuesday, February 14th. This represents a $1.44 dividend on an annualized basis and a yield of 2.81%. Marathon Oil's dividend payout ratio is -9.26%.
In the last quarter, Marathon Oil Corporation reported Annual Earnings of $-0.1. The companys business is organized into three segments - North America Exploration and Production, International Exploration and Production, and Oil Sands Mining.