Livforsakringsbolaget Skandia Omsesidigt held its position in Marathon Oil Corporation (NYSE:MRO) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 16,121 shares of the oil and gas producer’s stock at the end of the second quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Marathon Oil Corporation were worth $191,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MRO. Gulf International Bank UK Ltd boosted its position in Marathon Oil Corporation by 1.5% in the first quarter. Gulf International Bank UK Ltd now owns 261,245 shares of the oil and gas producer’s stock valued at $4,127,000 after buying an additional 3,900 shares in the last quarter. Creative Planning boosted its position in Marathon Oil Corporation by 169.0% in the first quarter. Creative Planning now owns 140,117 shares of the oil and gas producer’s stock valued at $2,214,000 after buying an additional 88,026 shares in the last quarter. Raymond James Trust N.A. boosted its position in Marathon Oil Corporation by 2.8% in the first quarter. Raymond James Trust N.A. now owns 35,353 shares of the oil and gas producer’s stock valued at $559,000 after buying an additional 947 shares in the last quarter. New England Research & Management Inc. boosted its position in Marathon Oil Corporation by 32.8% in the first quarter. New England Research & Management Inc. now owns 20,850 shares of the oil and gas producer’s stock valued at $329,000 after buying an additional 5,150 shares in the last quarter. Finally, Trust Co boosted its position in Marathon Oil Corporation by 24.6% in the fourth quarter. Trust Co now owns 16,147 shares of the oil and gas producer’s stock valued at $279,000 after buying an additional 3,185 shares in the last quarter. 81.24% of the stock is owned by institutional investors.

Marathon Oil Corporation (NYSE MRO) opened at 11.68 on Wednesday. The firm’s 50-day moving average price is $12.08 and its 200-day moving average price is $14.90. The company’s market cap is $9.93 billion. Marathon Oil Corporation has a 1-year low of $11.20 and a 1-year high of $19.28.

Marathon Oil Corporation (NYSE:MRO) last issued its earnings results on Thursday, May 4th. The oil and gas producer reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. Marathon Oil Corporation had a negative net margin of 134.01% and a negative return on equity of 2.54%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the firm posted ($0.43) EPS. The business’s revenue for the quarter was up 88.1% compared to the same quarter last year. Equities research analysts forecast that Marathon Oil Corporation will post ($0.34) EPS for the current fiscal year.

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Several research analysts recently commented on the company. Vetr cut Marathon Oil Corporation from a “strong-buy” rating to a “buy” rating and set a $18.38 price target for the company. in a research report on Monday, April 10th. BMO Capital Markets reissued a “hold” rating and set a $17.00 price target on shares of Marathon Oil Corporation in a research report on Thursday, April 13th. Stifel Nicolaus assumed coverage on Marathon Oil Corporation in a research report on Wednesday, April 12th. They set a “hold” rating and a $17.00 price target for the company. Jefferies Group LLC reissued a “buy” rating and set a $22.00 price target on shares of Marathon Oil Corporation in a research report on Friday, March 31st. Finally, Barclays PLC reissued a “hold” rating and set a $15.00 price target (down from $17.00) on shares of Marathon Oil Corporation in a research report on Thursday, April 20th. Four analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $17.86.

Marathon Oil Corporation Company Profile

Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America.

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Institutional Ownership by Quarter for Marathon Oil Corporation (NYSE:MRO)

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