Chevy Chase Trust Holdings Has Trimmed By $302,448 Its Marathon Oil (MRO) Holding; Valueact Holdings LP Boosted Its Trinity Inds (TRN) Holding

June 20, 2018 - By Nellie Frank

Marathon Oil Corporation (NYSE:MRO) Logo

Chevy Chase Trust Holdings Inc decreased Marathon Oil Corp (MRO) stake by 2.57% reported in 2018Q1 SEC filing. Chevy Chase Trust Holdings Inc sold 18,903 shares as Marathon Oil Corp (MRO)’s stock rose 35.01%. The Chevy Chase Trust Holdings Inc holds 717,994 shares with $11.58 million value, down from 736,897 last quarter. Marathon Oil Corp now has $17.52 billion valuation. The stock increased 1.03% or $0.21 during the last trading session, reaching $20.53. About 11.35M shares traded. Marathon Oil Corporation (NYSE:MRO) has risen 53.41% since June 20, 2017 and is uptrending. It has outperformed by 40.84% the S&P500. Some Historical MRO News: ; 21/05/2018 – MARATHON OIL CORP MRO.N : UBS RAISES TARGET PRICE TO $23 FROM $16; 30/04/2018 – Marathon to Become Biggest U.S. Refiner After Buying Andeavor (Video); 19/03/2018 – A small oil field in Oklahoma is seeing big bets from producers; 03/05/2018 – MARATHON OIL CEO SAYS SHARE BUYBACK AN OPTION AS CASH GROWS; 06/03/2018 – Doug Foshee and Lisa Hyland Elected to Marathon Oil Corp Board of Directors; 20/03/2018 – CORRECTED-RPT-A small oil field in Oklahoma is seeing big bets from producers; 20/03/2018 – RPT-A small oil field in Oklahoma is seeing big bets from producers; 05/04/2018 – Marathon Oil Closes Above 50-Day Moving Average: Technicals; 03/05/2018 – Marathon CEO Doesn’t Expect Regulatory Issues With Andeavor Deal (Video); 20/05/2018 – GROUP OF LIBYAN YOUTH WILL SHUT DOWN OILFIELDS IN MARADA REGION UNLESS DEMANDS FOR BETTER STATE SERVICES ARE MET-STATEMENT

Valueact Holdings Lp increased Trinity Inds Inc (TRN) stake by 15.05% reported in 2018Q1 SEC filing. Valueact Holdings Lp acquired 2.80 million shares as Trinity Inds Inc (TRN)’s stock rose 5.10%. The Valueact Holdings Lp holds 21.41M shares with $698.54M value, up from 18.61M last quarter. Trinity Inds Inc now has $5.03 billion valuation. The stock decreased 1.61% or $0.55 during the last trading session, reaching $33.71. About 1.65 million shares traded. Trinity Industries, Inc. (NYSE:TRN) has risen 35.19% since June 20, 2017 and is uptrending. It has outperformed by 22.62% the S&P500. Some Historical TRN News: ; 21/04/2018 – DJ Trinity Industries Inc, Inst Holders, 1Q 2018 (TRN); 15/05/2018 – TRINITY SAYS 30M UNITS IN IPO PRICED AT $10 EACH; 28/05/2018 – INTEGRAL DIAGNOSTICS LTD IDX.AX – BUYS TRINITY MRI AND CAVENDISH RADIOLOGY IN AUCKLAND; 13/03/2018 – HK Bourse: Announcement From Trinity Ltd; 25/04/2018 – Sport Trinity Principals Detail Deception, Improper Conduct and Mismanagement Related to BIG3 Basketball In Court Filing; 10/05/2018 – Trinity Exploration Swings to 2017 Profit, Production Drops; 30/05/2018 – News On Trinity Merger Corp. (TMCXU) Now Under TMCX; 09/03/2018 – Japan’s ldemitsu acquires Australia’s Trinity Petroleum Services; 11/04/2018 – CMA HAS LAUNCHED AN INITIAL INVESTIGATION INTO COMPLETED TRINITY MIRROR/EXPRESS MERGER; 26/03/2018 – TRINITY DOESN’T PROPOSE DIVIDEND

Analysts await Marathon Oil Corporation (NYSE:MRO) to report earnings on August, 1. They expect $0.16 earnings per share, up 166.67% or $0.40 from last year’s $-0.24 per share. MRO’s profit will be $136.51M for 32.08 P/E if the $0.16 EPS becomes a reality. After $0.18 actual earnings per share reported by Marathon Oil Corporation for the previous quarter, Wall Street now forecasts -11.11% negative EPS growth.

Chevy Chase Trust Holdings Inc increased Roper Technologies Inc (NYSE:ROP) stake by 10,243 shares to 216,000 valued at $60.63M in 2018Q1. It also upped Schwab Charles Corp New (NYSE:SCHW) stake by 70,144 shares and now owns 1.74M shares. First Data Corp New was raised too.

Since May 7, 2018, it had 0 insider buys, and 3 selling transactions for $10.21 million activity. On Wednesday, May 16 the insider WAGNER PATRICK sold $1.13 million. $8.66M worth of Marathon Oil Corporation (NYSE:MRO) was sold by TILLMAN LEE M on Thursday, May 17. Another trade for 21,286 shares valued at $423,357 was sold by Little Thomas Mitchell.

Investors sentiment increased to 0.96 in Q1 2018. Its up 0.08, from 0.88 in 2017Q4. It is positive, as 29 investors sold MRO shares while 194 reduced holdings. 66 funds opened positions while 147 raised stakes. 647.65 million shares or 2.49% less from 664.17 million shares in 2017Q4 were reported. Proshare Advisors holds 0.02% of its portfolio in Marathon Oil Corporation (NYSE:MRO) for 196,611 shares. Mitchell Grp Inc has 2.7% invested in Marathon Oil Corporation (NYSE:MRO) for 864,280 shares. Toronto Dominion Bankshares invested in 461,856 shares or 0.02% of the stock. Adams Natural Res Fund Inc has invested 1.18% in Marathon Oil Corporation (NYSE:MRO). Nomura Asset Management Com Limited holds 153,869 shares or 0.03% of its portfolio. Kornitzer Mngmt Inc Ks has 196,220 shares for 0.05% of their portfolio. Lombard Odier Asset Management (Switzerland) holds 0.02% of its portfolio in Marathon Oil Corporation (NYSE:MRO) for 12,472 shares. Montana-based Da Davidson has invested 0.06% in Marathon Oil Corporation (NYSE:MRO). Cibc Markets Corp reported 110,144 shares or 0.02% of all its holdings. Chevy Chase Tru Hldgs invested 0.05% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Aqr Cap Management Lc reported 0.08% in Marathon Oil Corporation (NYSE:MRO). Gulf Interest Financial Bank (Uk) Limited reported 260,789 shares stake. Cleararc Inc invested in 0.05% or 21,699 shares. Suntrust Banks Inc stated it has 40,233 shares or 0% of all its holdings. Hartford Mngmt holds 0.16% of its portfolio in Marathon Oil Corporation (NYSE:MRO) for 19,594 shares.

More recent Marathon Oil Corporation (NYSE:MRO) news were published by: Seekingalpha.com which released: “Marathon Oil Is Bakken Into Oil Profits” on June 11, 2018. Also Bizjournals.com published the news titled: “Houston energy co. ranks lowest in study on profits returned to employees vs. shareholders” on May 23, 2018. Bizjournals.com‘s news article titled: “Marathon Oil investing in tech to boost efficiency in Eagle Ford Shale” with publication date: June 01, 2018 was also an interesting one.

Among 33 analysts covering Marathon Oil Corporation (NYSE:MRO), 18 have Buy rating, 0 Sell and 15 Hold. Therefore 55% are positive. Marathon Oil Corporation had 117 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of MRO in report on Monday, January 29 with “Hold” rating. The company was maintained on Thursday, July 13 by Jefferies. The stock of Marathon Oil Corporation (NYSE:MRO) has “Buy” rating given on Friday, March 24 by KLR Group. Barclays Capital maintained Marathon Oil Corporation (NYSE:MRO) rating on Monday, November 20. Barclays Capital has “Equal-Weight” rating and $15 target. The rating was downgraded by Bank of America on Monday, August 24 to “Buy”. The company was upgraded on Wednesday, July 5 by Citigroup. The rating was upgraded by Bank of America on Thursday, January 4 to “Buy”. The firm has “Neutral” rating given on Tuesday, December 13 by UBS. The rating was maintained by RBC Capital Markets on Friday, November 3 with “Hold”. Jefferies maintained Marathon Oil Corporation (NYSE:MRO) rating on Friday, January 19. Jefferies has “Hold” rating and $19.8 target.

More recent Trinity Industries, Inc. (NYSE:TRN) news were published by: Finance.Yahoo.com which released: “Should You Buy Trinity Industries Inc (NYSE:TRN) For Its Dividend?” on June 06, 2018. Also Seekingalpha.com published the news titled: “Trinity Industries Inc.: Spin-Off Entity Does Not Look Overly Promising” on June 11, 2018. Globenewswire.com‘s news article titled: “Detailed Research: Economic Perspectives on Och-Ziff Capital Management Group, Axalta Coating, Trinity Industries …” with publication date: June 13, 2018 was also an interesting one.

Since February 28, 2018, it had 5 insider purchases, and 0 sales for $91.69 million activity. $31.19 million worth of stock was bought by ValueAct Holdings – L.P. on Wednesday, February 28.

Investors sentiment decreased to 0.97 in Q1 2018. Its down 0.08, from 1.05 in 2017Q4. It is negative, as 36 investors sold TRN shares while 117 reduced holdings. 51 funds opened positions while 98 raised stakes. 129.79 million shares or 1.11% more from 128.36 million shares in 2017Q4 were reported. 22,125 are held by Creative Planning. Smithfield has 95 shares. Employees Retirement Association Of Colorado reported 27,348 shares stake. Germany-based Dekabank Deutsche Girozentrale has invested 0% in Trinity Industries, Inc. (NYSE:TRN). Chesapeake Asset Limited Com invested in 26,975 shares or 0.94% of the stock. Bnp Paribas Asset Mgmt reported 346,154 shares. First Dallas Secs Inc holds 0.2% or 9,533 shares in its portfolio. Fin Architects Incorporated holds 0% or 700 shares in its portfolio. 190,200 were accumulated by Westpac Banking. Natl Bank Of Ny Mellon Corp owns 2.18M shares. Weiss Multi reported 229,050 shares. Legal And General Plc owns 230,197 shares. Nordea Management Ab reported 0.01% of its portfolio in Trinity Industries, Inc. (NYSE:TRN). South Dakota Invest Council, South Dakota-based fund reported 31,500 shares. 669 are held by Signaturefd Limited Liability Corporation.

Marathon Oil Corporation (NYSE:MRO) Institutional Positions Chart

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