HB Wealth Management LLC向马拉松石油公司投资25.4万美元（纽约证券交易所：MRO）

富途牛牛综合

2023.04.0317:03

关注

HB Wealth Management LLC acquired a new position in shares of Marathon Oil Co. (NYSE:MRO – Get Rating) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,372 shares of the oil and gas producer's stock, valued at approximately $254,000.

Several other hedge funds and other institutional investors also recently modified their holdings of MRO. HWG Holdings LP purchased a new stake in Marathon Oil in the third quarter worth approximately $25,000. Ronald Blue Trust Inc. purchased a new stake in Marathon Oil in the second quarter worth approximately $30,000. Jones Financial Companies Lllp boosted its stake in Marathon Oil by 39.9% in the third quarter. Jones Financial Companies Lllp now owns 1,379 shares of the oil and gas producer's stock worth $31,000 after buying an additional 393 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in Marathon Oil by 90.6% in the first quarter. Brown Brothers Harriman & Co. now owns 1,361 shares of the oil and gas producer's stock worth $34,000 after buying an additional 647 shares in the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in Marathon Oil in the third quarter worth approximately $35,000. Hedge funds and other institutional investors own 77.30% of the company's stock.

Get

Marathon Oil

alerts:

Insiders Place Their Bets

In other Marathon Oil news, CAO Rob L. White sold 5,000 shares of the stock in a transaction on Monday, March 27th. The stock was sold at an average price of $22.85, for a total value of $114,250.00. Following the completion of the transaction, the chief accounting officer now owns 39,344 shares in the company, valued at $899,010.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.52% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

MRO has been the subject of several research reports. Benchmark raised Marathon Oil from a "hold" rating to a "buy" rating and set a $32.00 target price for the company in a research note on Thursday, February 16th. Barclays upped their target price on Marathon Oil from $34.00 to $35.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 7th. StockNews.com initiated coverage on Marathon Oil in a research report on Thursday, March 16th. They issued a "hold" rating for the company. Mizuho reiterated a "neutral" rating and issued a $32.00 price objective on shares of Marathon Oil in a research report on Tuesday, January 10th. Finally, Evercore ISI initiated coverage on Marathon Oil in a research report on Thursday, January 5th. They issued an "outperform" rating for the company. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $34.00.

Marathon Oil Price Performance

Shares of Marathon Oil stock opened at $23.96 on Monday. The business has a 50 day moving average of $25.25 and a 200 day moving average of $27.03. The company has a quick ratio of 0.67, a current ratio of 0.72 and a debt-to-equity ratio of 0.48. The company has a market cap of $15.09 billion, a PE ratio of 4.62, a P/E/G ratio of 0.33 and a beta of 2.38. Marathon Oil Co. has a 52 week low of $19.42 and a 52 week high of $33.42.

Marathon Oil (NYSE:MRO – Get Rating) last posted its quarterly earnings data on Thursday, February 16th. The oil and gas producer reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.08. The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.77 billion. Marathon Oil had a return on equity of 27.07% and a net margin of 44.95%. The firm's quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.77 earnings per share. As a group, equities research analysts forecast that Marathon Oil Co. will post 3.11 earnings per share for the current year.

Marathon Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 10th. Shareholders of record on Wednesday, February 15th were issued a $0.10 dividend. This is an increase from Marathon Oil's previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, February 14th. This represents a $0.40 dividend on an annualized basis and a yield of 1.67%. Marathon Oil's dividend payout ratio is 7.71%.

Marathon Oil Company Profile

(Get Rating)

Marathon Oil Corp. engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through the following two segments: United States (U. S.) and International. The U. S. segment engages in oil and gas exploration, development and production activities in the U.S.