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Stephens Has Upped Its Marathon Pete (MPC) Position; Lowes Cos (LOW) Stake Maintained by Smith Salley & Associates

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Smith Salley & Associates increased its stake in Lowes Cos Inc (LOW) by 460.49% based on its latest 2017Q4 regulatory filing with the SEC. Smith Salley & Associates bought 46,970 shares as the company’s stock declined 5.74% with the market. The institutional investor held 57,170 shares of the consumer services company at the end of 2017Q4, valued at $5.31 million, up from 10,200 at the end of the previous reported quarter. Smith Salley & Associates who had been investing in Lowes Cos Inc for a number of months, seems to be bullish on the $71.30 billion market cap company. The stock increased 1.02% or $0.87 during the last trading session, reaching $86.34. About 5.82M shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since May 20, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.

Stephens Inc increased its stake in Marathon Pete Corp (MPC) by 23.45% based on its latest 2017Q4 regulatory filing with the SEC. Stephens Inc bought 16,726 shares as the company’s stock rose 9.83% while stock markets declined. The institutional investor held 88,038 shares of the integrated oil company at the end of 2017Q4, valued at $5.81 million, up from 71,312 at the end of the previous reported quarter. Stephens Inc who had been investing in Marathon Pete Corp for a number of months, seems to be bullish on the $36.73 billion market cap company. The stock decreased 1.46% or $1.18 during the last trading session, reaching $79.53. About 4.02 million shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 49.25% since May 20, 2017 and is uptrending. It has outperformed by 37.70% the S&P500.

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Nasdaq.com which released: “Lowe’s Companies, Inc. Is Rallying — Grab Some Before the Earnings Spike” on May 14, 2018, also Fool.com with their article: “3 Things to Watch in Lowe’s Earnings” published on May 18, 2018, Seekingalpha.com published: “Spotlight On Gambling Reset And Banking Bill” on May 19, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Benzinga.com and their article: “Checking In On Agriculture With Deere & Co. Earnings Tomorrow” published on May 17, 2018 as well as Bizjournals.com‘s news article titled: “Craftsman tools now stocked in Lowe’s stores” with publication date: May 14, 2018.

Smith Salley & Associates, which manages about $331.94M and $558.35M US Long portfolio, decreased its stake in Select Sector Spdr Tr (XLF) by 30,729 shares to 47,732 shares, valued at $1.33M in 2017Q4, according to the filing. It also reduced its holding in Mdu Res Group Inc (NYSE:MDU) by 113,234 shares in the quarter, leaving it with 8,301 shares, and cut its stake in Vanguard World Fds (VGT).

Among 36 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 23 have Buy rating, 0 Sell and 13 Hold. Therefore 64% are positive. Lowe’s Companies Inc. had 98 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Hold” rating given on Thursday, September 28 by Jefferies. The firm has “Neutral” rating by Citigroup given on Monday, December 19. SunTrust maintained the stock with “Hold” rating in Thursday, March 1 report. The company was maintained on Friday, September 29 by Piper Jaffray. The stock has “Buy” rating by RBC Capital Markets on Wednesday, August 23. The stock has “Buy” rating by Stifel Nicolaus on Thursday, July 20. The firm has “Neutral” rating by Cleveland given on Thursday, October 6. Longbow maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Friday, August 14. Longbow has “Buy” rating and $85 target. Piper Jaffray maintained Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, August 23 with “Hold” rating. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, August 24.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.03, from 1.04 in 2017Q3. It is negative, as 48 investors sold LOW shares while 437 reduced holdings. 138 funds opened positions while 351 raised stakes. 585.84 million shares or 0.67% less from 589.78 million shares in 2017Q3 were reported. Gamco Inc Et Al invested 0% in Lowe's Companies, Inc. (NYSE:LOW). Newman Dignan & Sheerar holds 20,404 shares. Adell Harriman Carpenter holds 0.05% or 2,295 shares in its portfolio. North Carolina-based Sterling Capital Ltd Company has invested 0.82% in Lowe's Companies, Inc. (NYSE:LOW). Moreover, Tokio Marine Asset Communications Ltd has 1.43% invested in Lowe's Companies, Inc. (NYSE:LOW) for 101,550 shares. Balasa Dinverno & Foltz Ltd Liability Com holds 0.06% in Lowe's Companies, Inc. (NYSE:LOW) or 4,445 shares. Greatmark Prns Incorporated has 1.41% invested in Lowe's Companies, Inc. (NYSE:LOW). Moreover, Natixis has 0.26% invested in Lowe's Companies, Inc. (NYSE:LOW). Whitnell & Com holds 500 shares. Hays Advisory Lc accumulated 0.15% or 4,625 shares. Westwood Gp Inc holds 8,050 shares. Yorktown Mngmt Company holds 0.45% in Lowe's Companies, Inc. (NYSE:LOW) or 16,600 shares. State Treasurer State Of Michigan has invested 0.19% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Auxier Asset Management reported 36,420 shares. State Bank Of Hawaii reported 14,974 shares.

Among 20 analysts covering Marathon Petroleum Corp (NYSE:MPC), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Marathon Petroleum Corp had 91 analyst reports since August 10, 2015 according to SRatingsIntel. RBC Capital Markets maintained Marathon Petroleum Corporation (NYSE:MPC) on Friday, April 20 with “Buy” rating. Jefferies maintained the shares of MPC in report on Thursday, June 22 with “Buy” rating. The rating was maintained by Jefferies with “Hold” on Tuesday, April 24. The firm earned “Hold” rating on Monday, April 9 by Scotia Capital. The firm earned “Neutral” rating on Tuesday, October 3 by Goldman Sachs. The stock has “Buy” rating by Piper Jaffray on Sunday, January 21. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Hold” rating by Jefferies on Monday, February 5. The firm has “Buy” rating given on Monday, August 24 by Vetr. The stock has “Overweight” rating by JP Morgan on Monday, April 9. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by Cowen & Co on Tuesday, October 17.

Investors sentiment increased to 0.96 in 2017 Q4. Its up 0.05, from 0.91 in 2017Q3. It increased, as 37 investors sold MPC shares while 316 reduced holdings. 118 funds opened positions while 222 raised stakes. 367.91 million shares or 3.23% less from 380.18 million shares in 2017Q3 were reported. First Trust Com holds 12,329 shares or 0.09% of its portfolio. Rockefeller Fincl Inc invested in 332 shares. Everence Mngmt Incorporated has 8,216 shares. Corecommodity holds 34,281 shares. Cibc World Inc stated it has 0% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Blb&B Advisors Limited Liability Co invested in 0.04% or 4,130 shares. Profit Invest Management Ltd Liability Company reported 16,890 shares. Greatmark Invest Prns accumulated 0.2% or 8,490 shares. Driehaus Mgmt Ltd Limited Liability Company accumulated 0.02% or 6,861 shares. Neville Rodie & Shaw Incorporated has invested 0.06% in Marathon Petroleum Corporation (NYSE:MPC). Horizon Kinetics Limited Liability stated it has 0.01% in Marathon Petroleum Corporation (NYSE:MPC). M&R owns 1,203 shares or 0.02% of their US portfolio. Capital One Association accumulated 11,392 shares. New Mexico Educational Retirement Board reported 48,670 shares stake. Baker Ellis Asset Management Limited Liability owns 0.39% invested in Marathon Petroleum Corporation (NYSE:MPC) for 23,758 shares.

More notable recent Marathon Petroleum Corporation (NYSE:MPC) news were published by: Bizjournals.com which released: “Three-person team to oversee Marathon acquisition of Andeavor” on May 11, 2018, also Seekingalpha.com with their article: “The Marathon Deal Is Great For Andeavor’s Shareholders” published on May 02, 2018, Benzinga.com published: “Andeavor Downgraded By Morgan Stanley On Marathon Acquisition” on May 08, 2018. More interesting news about Marathon Petroleum Corporation (NYSE:MPC) were released by: Benzinga.com and their article: “Competing Bid Unlikely In Andeavor-Marathon Merger, Credit Suisse Says In Downgrade” published on May 18, 2018 as well as 247Wallst.com‘s news article titled: “Marathon, Andeavor to Merge, Create Largest US Oil Refiner” with publication date: April 30, 2018.

Since December 12, 2017, it had 1 buying transaction, and 5 insider sales for $8.42 million activity. $2.31M worth of Marathon Petroleum Corporation (NYSE:MPC) was sold by Kelley Thomas M.. $413,864 worth of Marathon Petroleum Corporation (NYSE:MPC) was sold by Nichols Rodney P. on Thursday, December 14. Palmer C. Michael had sold 17,298 shares worth $1.12M.

Stephens Inc, which manages about $6.58B and $2.67 billion US Long portfolio, decreased its stake in Crown Castle Intl Corp New (NYSE:CCI) by 16,604 shares to 159,607 shares, valued at $17.72 million in 2017Q4, according to the filing. It also reduced its holding in Philip Morris Intl Inc (NYSE:PM) by 5,478 shares in the quarter, leaving it with 149,603 shares, and cut its stake in Tekla Life Sciences Invs (NYSE:HQL).

Marathon Petroleum Corporation (NYSE:MPC) Institutional Positions Chart

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