Profit Investment Management Has Cut Its Holding in Take (TTWO) by $1.23 Million as Valuation Rose; Mount Lucas Management LP Lowered Holding in Marathon Petroleum (MPC) by $648,816 as Share Value Rose

February 21, 2018 - By Moses P. Lee

Mount Lucas Management Lp decreased its stake in Marathon Petroleum Corp (MPC) by 5.93% based on its latest 2017Q3 regulatory filing with the SEC. Mount Lucas Management Lp sold 11,586 shares as the company’s stock rose 5.52% with the market. The institutional investor held 183,925 shares of the integrated oil company at the end of 2017Q3, valued at $10.32 million, down from 195,511 at the end of the previous reported quarter. Mount Lucas Management Lp who had been investing in Marathon Petroleum Corp for a number of months, seems to be less bullish one the $32.20B market cap company. The stock decreased 1.81% or $1.22 during the last trading session, reaching $66.25. About 3.24M shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since February 21, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Profit Investment Management Llc decreased its stake in Take (TTWO) by 31.99% based on its latest 2017Q3 regulatory filing with the SEC. Profit Investment Management Llc sold 12,033 shares as the company’s stock rose 13.22% with the market. The institutional investor held 25,587 shares of the technology company at the end of 2017Q3, valued at $2.62 million, down from 37,620 at the end of the previous reported quarter. Profit Investment Management Llc who had been investing in Take for a number of months, seems to be less bullish one the $12.29B market cap company. The stock increased 0.41% or $0.44 during the last trading session, reaching $107.48. About 1.23 million shares traded. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has risen 81.23% since February 21, 2017 and is uptrending. It has outperformed by 64.53% the S&P500.

Mount Lucas Management Lp, which manages about $1.44 billion and $554.33M US Long portfolio, upped its stake in Ishares International Prefer (IPFF) by 89,169 shares to 111,359 shares, valued at $2.07 million in 2017Q3, according to the filing. It also increased its holding in Ishares Jp Morgan Usd Emergi (EMB) by 22,990 shares in the quarter, for a total of 27,052 shares, and has risen its stake in Kohls Corp (NYSE:KSS).

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.14, from 1.05 in 2017Q2. It turned negative, as 52 investors sold MPC shares while 292 reduced holdings. 85 funds opened positions while 227 raised stakes. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported. Campbell Invest Adviser Limited Liability reported 14,336 shares. Wheatland Advsr, Pennsylvania-based fund reported 87,838 shares. Dupont Mngmt Corporation stated it has 0.06% in Marathon Petroleum Corporation (NYSE:MPC). Meiji Yasuda Asset Limited has 13,742 shares. Calamos Ltd Co reported 283,712 shares. Bedrijfstakpensioenfonds Voor De Media Pno holds 0.27% or 42,238 shares. Citigroup accumulated 1.12M shares. 245,610 were accumulated by Retirement System Of Alabama. Virginia-based Old Point Trust And Services N A has invested 0.21% in Marathon Petroleum Corporation (NYSE:MPC). Finemark Natl Bank & invested in 0.41% or 109,641 shares. Ameriprise Financial Inc accumulated 0.09% or 3.47M shares. Moreover, Fuller And Thaler Asset Mngmt has 0% invested in Marathon Petroleum Corporation (NYSE:MPC) for 4,100 shares. Proshare Advsr Limited Co owns 102,954 shares or 0.05% of their US portfolio. Rafferty Asset Mgmt Limited Liability Com invested 0.06% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Arete Wealth Advsrs Ltd Liability Corporation holds 0.22% or 9,939 shares.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on April, 26. They expect $0.67 EPS, up 1,016.67% or $0.61 from last year’s $0.06 per share. MPC’s profit will be $325.63M for 24.72 P/E if the $0.67 EPS becomes a reality. After $1.05 actual EPS reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -36.19% negative EPS growth.

Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 13 have Buy rating, 1 Sell and 5 Hold. Therefore 68% are positive. Marathon Petroleum Corp had 75 analyst reports since August 10, 2015 according to SRatingsIntel. On Friday, December 15 the stock rating was maintained by Cowen & Co with “Buy”. JP Morgan maintained Marathon Petroleum Corporation (NYSE:MPC) on Friday, June 10 with “Neutral” rating. The company was downgraded on Wednesday, September 6 by Wells Fargo. Citigroup maintained it with “Buy” rating and $69 target in Wednesday, October 18 report. The company was maintained on Thursday, February 1 by Cowen & Co. Piper Jaffray maintained the shares of MPC in report on Monday, August 22 with “Neutral” rating. The stock of Marathon Petroleum Corporation (NYSE:MPC) has “Sector Perform” rating given on Friday, October 28 by Howard Weil. As per Tuesday, August 23, the company rating was initiated by Jefferies. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Outperform” rating by Cowen & Co on Friday, February 12. Wells Fargo downgraded the stock to “Sell” rating in Monday, February 5 report.

Since September 14, 2017, it had 0 insider buys, and 5 selling transactions for $7.73 million activity. On Thursday, December 14 the insider Kelley Thomas M. sold $2.31 million. On Thursday, December 14 Nichols Rodney P. sold $413,864 worth of Marathon Petroleum Corporation (NYSE:MPC) or 6,374 shares.

Analysts await Take-Two Interactive Software, Inc. (NASDAQ:TTWO) to report earnings on May, 22. They expect $0.47 EPS, down 27.69% or $0.18 from last year’s $0.65 per share. TTWO’s profit will be $53.73 million for 57.17 P/E if the $0.47 EPS becomes a reality. After $1.18 actual EPS reported by Take-Two Interactive Software, Inc. for the previous quarter, Wall Street now forecasts -60.17% negative EPS growth.

Since February 15, 2018, it had 0 insider buys, and 1 sale for $46,271 activity.

Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.10, from 1.28 in 2017Q2. It dived, as 40 investors sold TTWO shares while 124 reduced holdings. 72 funds opened positions while 122 raised stakes. 100.22 million shares or 0.81% more from 99.42 million shares in 2017Q2 were reported. Columbia Prns L L C Management invested in 32,185 shares. 8,300 were accumulated by Texas Yale Cap. The Connecticut-based Kensico has invested 1.36% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Gabelli Funds Ltd Liability Corporation owns 201,200 shares. Polar Llp holds 0.09% of its portfolio in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 76,093 shares. Commerzbank Aktiengesellschaft Fi accumulated 0.04% or 28,770 shares. Jag Mngmt Ltd Liability Corp has 2.55% invested in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 132,985 shares. Soros Fund Lc invested in 0.79% or 326,400 shares. Cambridge Rech Advsrs owns 2,473 shares. Calamos Advsrs Lc holds 0.03% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) or 42,950 shares. Whittier Trust Of Nevada holds 197 shares. Skytop Management Lc holds 5.24% or 60,000 shares. Lomas Capital Ltd Liability Corp reported 327,732 shares. Sei Invs Company holds 0.09% or 255,420 shares. Barometer Mngmt reported 127,100 shares.

Profit Investment Management Llc, which manages about $2.21 billion and $114.85M US Long portfolio, upped its stake in Boston Beer Inc (NYSE:SAM) by 2,932 shares to 13,785 shares, valued at $2.15 million in 2017Q3, according to the filing. It also increased its holding in Rollins Inc (NYSE:ROL) by 8,789 shares in the quarter, for a total of 32,329 shares, and has risen its stake in Citrix Sys Inc (NASDAQ:CTXS).

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By1 Moses P. Lee

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