Marathon Oil Corporation (NYSE:MRO) marched up 41.23% compared to a 52-week low price of $10.55. The shares were last seen trading -1.19% lower, taking the closing price at $14.9 on 12/04/2017. At recent session, the prices were hovering between $14.85 and $15.48. This company shares are 19.33% off its target price of $17.78 and the current market capitalization stands at $12.66B. The recent change has given its price a 4.06% lead over SMA 50 and -22.72% deficit over its 52-week high. The stock witnessed -3.5% declines, 31.98% gains and 15.68% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MRO’s volatility during a week at 3.05% and during a month it has been found around 2.81%.Marathon Oil Corporation (MRO) Top Holders
Institutional investors currently hold around $10.44 billion or 82.4% in MRO stock. Look at its top three institutional owners. Blackrock Inc. owns $1.48 billion in Marathon Oil Corporation, which represents roughly 11.68% of the company’s market cap and approximately 14.17% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 87,366,373 shares of the stock are valued at $1.32 billion. The third largest holder is Macquarie Group Ltd, which currently holds $822.24 million worth of this stock and that ownership represents nearly 6.49% of its market capitalization.Marathon Oil Corporation 13F Filings
At the end of 09/30/2017 reporting period, 245 institutional holders increased their position in Marathon Oil Corporation (NYSE:MRO) by some 63,817,797 shares, 281 decreased positions by 66,703,713 and 105 held positions by 561,512,246. That puts total institutional holdings at 692,033,756 shares, according to SEC filings. The stock grabbed 56 new institutional investments totaling 14,504,803 shares while 54 institutional investors sold out their entire positions totaling 9,746,011 shares.Marathon Oil Corporation (NYSE:MRO) Insider Trades
Multiple company employees have indulged in significant insider trading. Marathon Oil Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that V.P.-Corporate Development Wagner Patrick has acquired 5,000 shares of Marathon Oil Corporation (MRO) in trading session dated Sep. 14, 2015. These shares are worth $77,000 and were traded at $15.4 each. The SEC filing shows that Tillman Lee M performed a purchase of 25,600 shares. The President and CEO added these shares by way of transaction on Aug. 07, 2015. The company’s shares were assimilated at $19.51 per share worth to an investment of some $499,456 on account of Tillman Lee M.
President and CEO, Tillman Lee M, purchased 28,791 common shares of Marathon Oil Corporation (MRO) in the open market. In a transaction dated Mar. 10, 2015, the shares were bought at an average price of $26, giving away a sum of $748,566. After this purchase, 258,477 common shares of MRO are directly owned by the insider, with total stake valued at $3,851,307.
In the transaction dated Mar. 07, 2014, the great number of shares disposed came courtesy the VP-Global Exploration; Bay Annell R disposed a total of 112,242 shares at an average price of $34.1, amounting to approximately $3,827,452. The insider now directly owns 60,654 shares worth $903,745.Marathon Oil Corporation (MRO) Analyst Guide
Several analysts have released their opinion on Marathon Oil Corporation (NYSE:MRO), with 8 analysts believing it is a strong buy. Whereas 12 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.45 average brokerage recommendation.