// AST – IMS - [DMinute_ROS]

Kepos Capital LP Trimmed Marathon Oil (MPC) Holding as Market Value Declined; Primo Wtr (PRMW) Share Value Declined While Wells Fargo & Company Lowered Holding

Primo Water Corporation (NASDAQ:PRMW) Logo

Wells Fargo & Company decreased its stake in Primo Wtr Corp (PRMW) by 41.88% based on its latest 2018Q3 regulatory filing with the SEC. Wells Fargo & Company sold 107,911 shares as the company’s stock declined 28.34% with the market. The institutional investor held 149,783 shares of the food distributors company at the end of 2018Q3, valued at $2.70 million, down from 257,694 at the end of the previous reported quarter. Wells Fargo & Company who had been investing in Primo Wtr Corp for a number of months, seems to be less bullish one the $560.30 million market cap company. The stock increased 2.61% or $0.37 during the last trading session, reaching $14.54. About 164,602 shares traded. Primo Water Corporation (NASDAQ:PRMW) has risen 5.45% since January 12, 2018 and is uptrending. It has outperformed by 5.45% the S&P500. Some Historical PRMW News: 15/03/2018 – SD STANDARD DRILLING PLC SDSD.OL – TRANSACTION OF PURCHASING TWO VESSELS WILL BE COMPLETED ULTIMO MARCH OR PRIMO APRIL 2018; 29/03/2018 – Primo Recalls Beverage Dispensers Due to Burn Hazard; 06/03/2018 – PRIMO WATER CORP – QTRLY 2018 ADJUSTED EBITDA $61.0 MLN TO $63.0 MLN; 22/05/2018 – Primo Water New Proceeds From Offering Were About $70.8 Million; 13/03/2018 – USGS: M 1.6 – 30km E of Primo Tapia, Mexico; 23/04/2018 – DJ Primo Water Corporation, Inst Holders, 1Q 2018 (PRMW); 06/03/2018 – RPT-PRIMO WATER CORP – QTRLY U.S. EXCHANGE SAME-STORE SALES UNIT GROWTH OF 6.1%; 29/03/2018 – Consum Prod Sfty: Primo Recalls Beverage Dispensers Due to Burn Hazard; 22/05/2018 – Primo Water Announces Closing of Follow-On Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shrs; 14/05/2018 – PRIMO WATER CORP – INTENDS TO USE NET PROCEEDS FROM OFFERING TO PAY DOWN EXISTING INDEBTEDNESS

Kepos Capital Lp decreased its stake in Marathon Oil Corp (MPC) by 76.88% based on its latest 2018Q3 regulatory filing with the SEC. Kepos Capital Lp sold 47,723 shares as the company’s stock declined 26.02% with the market. The hedge fund held 14,355 shares of the integrated oil company at the end of 2018Q3, valued at $1.15 million, down from 62,078 at the end of the previous reported quarter. Kepos Capital Lp who had been investing in Marathon Oil Corp for a number of months, seems to be less bullish one the $44.82B market cap company. The stock increased 1.95% or $1.24 during the last trading session, reaching $64.87. About 6.86 million shares traded. Marathon Petroleum Corporation (NYSE:MPC) has declined 4.72% since January 12, 2018 and is downtrending. It has underperformed by 4.72% the S&P500. Some Historical MPC News: 19/04/2018 – FIVE MEMBERS OF MPC VOTED IN FAVOR OF POLICY DECISION: MINUTES; 30/04/2018 – MPC SHARE REPURCHASE PLAN `CONTINUES UNFETTERED’; 16/04/2018 – MPC Container Ships Access Event Set By DNB Markets for Apr. 18; 13/03/2018 – Nigeria’s Senate Agrees to Screen MPC Nominees for Approval; 22/05/2018 – NIGERIA MPC: ECONOMY NEEDS NEW IMPETUS OF INCREASED LENDING; 30/04/2018 – Press Release: Marathon Petroleum Corp. and Andeavor Combination to Create Leading U.S. Refining, Marketing, and Midstream Co; 27/04/2018 – MPC CONTAINER SHIPS AS – SUBSEQUENT OFFERING, CO FULFILS REQUIREMENT FOR LISTING ON OSLO BØRS OF AT LEAST 500 SHAREHOLDERS; 24/05/2018 – S. AFRICA’S KGANYAGO: MPC WANTS TO SEE CPI `WELL WITHIN’ BAND; 26/03/2018 – Ghana MPC Statement on Rate Cut to 18%: Bank of Ghana Link; 22/05/2018 – BANK OF ENGLAND MPC’S VLIEGHE SAYS BREXIT UNCERTAINTY IS HAVING A DAMPENING EFFECT ON SOME OF THE ECONOMY

Among 23 analysts covering Marathon Petroleum Corp (NYSE:MPC), 19 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive. Marathon Petroleum Corp had 104 analyst reports since August 10, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $7500 target in Tuesday, April 24 report. RBC Capital Markets maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Friday, April 29. RBC Capital Markets has “Top Pick” rating and $58 target. Barclays Capital maintained it with “Overweight” rating and $63 target in Tuesday, October 10 report. The firm has “Hold” rating by Tudor Pickering given on Friday, May 18. Barclays Capital maintained it with “Overweight” rating and $54 target in Wednesday, March 16 report. Scotia Capital maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Monday, April 9. Scotia Capital has “Hold” rating and $7200 target. The company was upgraded on Monday, August 17 by Vetr. The firm earned “Buy” rating on Wednesday, December 20 by RBC Capital Markets. JP Morgan maintained Marathon Petroleum Corporation (NYSE:MPC) on Friday, June 10 with “Neutral” rating. The company was maintained on Friday, September 7 by Citigroup.

More important recent Marathon Petroleum Corporation (NYSE:MPC) news were published by: Seekingalpha.com which released: “Marathon Petroleum: Not Done Yet – Seeking Alpha” on August 28, 2018, also Seekingalpha.com published article titled: “Will The Rally Of Marathon Petroleum Resume? – Seeking Alpha”, Seekingalpha.com published: “Marathon Petroleum Becomes Refining Juggernaut – Seeking Alpha” on October 26, 2018. More interesting news about Marathon Petroleum Corporation (NYSE:MPC) was released by: Investorplace.com and their article: “3 High-Yield MLPs to Buy for a Stronger Portfolio in 2019 – Investorplace.com” with publication date: January 08, 2019.

Since October 9, 2018, it had 3 insider buys, and 0 sales for $384,121 activity. DAVIS STEVEN A also bought $217,490 worth of Marathon Petroleum Corporation (NYSE:MPC) on Friday, December 14.

Investors sentiment increased to 1.24 in 2018 Q3. Its up 0.30, from 0.94 in 2018Q2. It improved, as 34 investors sold MPC shares while 306 reduced holdings. 131 funds opened positions while 289 raised stakes. 385.13 million shares or 7.58% more from 358.01 million shares in 2018Q2 were reported. Delta Asset Mgmt Limited Liability Corp Tn invested 0.01% in Marathon Petroleum Corporation (NYSE:MPC). Fiera Cap Corporation holds 0.01% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 36,363 shares. Interocean Capital Limited Liability reported 0.03% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Retirement Of Alabama has 0.08% invested in Marathon Petroleum Corporation (NYSE:MPC) for 207,987 shares. Manufacturers Life Ins The holds 611,573 shares. Royal London Asset Mngmt Limited holds 173,891 shares. Cornerstone has 0.24% invested in Marathon Petroleum Corporation (NYSE:MPC). Segall Bryant Hamill Ltd Llc owns 132,562 shares. Stillwater Inv Management Ltd Llc stated it has 33,321 shares. Clarivest Asset Mngmt Limited Liability Corp reported 0% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Cortland Assoc Inc Mo has invested 0.08% in Marathon Petroleum Corporation (NYSE:MPC). The California-based Bailard has invested 0.22% in Marathon Petroleum Corporation (NYSE:MPC). Regentatlantic Cap Limited Liability Co owns 80,542 shares. Minnesota-based Us Fincl Bank De has invested 0.28% in Marathon Petroleum Corporation (NYSE:MPC). Alethea Cap Management Ltd Limited Liability Company has 0.85% invested in Marathon Petroleum Corporation (NYSE:MPC) for 7,058 shares.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on February, 7. They expect $1.14 earnings per share, up 8.57% or $0.09 from last year’s $1.05 per share. MPC’s profit will be $787.58 million for 14.23 P/E if the $1.14 EPS becomes a reality. After $1.70 actual earnings per share reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -32.94% negative EPS growth.

Kepos Capital Lp, which manages about $2.11B and $1.95 billion US Long portfolio, upped its stake in State Street Etf/Usa (XLP) by 907,740 shares to 979,670 shares, valued at $52.83M in 2018Q3, according to the filing. It also increased its holding in Medtronic Inc (NYSE:MDT) by 28,720 shares in the quarter, for a total of 66,530 shares, and has risen its stake in Next Alt Sarl.

Wells Fargo & Company, which manages about $353.75B US Long portfolio, upped its stake in Eaton Vance Ltd Dur Income F (EVV) by 114,000 shares to 819,459 shares, valued at $10.39M in 2018Q3, according to the filing. It also increased its holding in Trinet Group Inc (NYSE:TNET) by 5,360 shares in the quarter, for a total of 166,133 shares, and has risen its stake in Tegna Inc.

Among 8 analysts covering Primo Water (NASDAQ:PRMW), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Primo Water had 18 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Market Perform” on Thursday, May 24. The rating was maintained by FBR Capital with “Buy” on Tuesday, June 26. BMO Capital Markets upgraded it to “Outperform” rating and $17 target in Friday, November 16 report. The rating was maintained by Northland Capital with “Buy” on Monday, August 7. Barrington Research upgraded Primo Water Corporation (NASDAQ:PRMW) on Tuesday, December 29 to “Outperform” rating. The firm earned “Outperform” rating on Tuesday, October 11 by Barrington Research. Barrington Research downgraded the shares of PRMW in report on Friday, October 30 to “Market Perform” rating. As per Thursday, May 24, the company rating was initiated by William Blair. The stock has “Buy” rating by FBR Capital on Monday, November 6. The firm earned “Buy” rating on Monday, March 5 by FBR Capital.

Since August 16, 2018, it had 0 insider purchases, and 7 selling transactions for $5.65 million activity. NORRIS CHARLES A sold 25,000 shares worth $510,175.

Analysts await Primo Water Corporation (NASDAQ:PRMW) to report earnings on March, 5. They expect $0.05 EPS, up 350.00% or $0.07 from last year’s $-0.02 per share. PRMW’s profit will be $1.93 million for 72.70 P/E if the $0.05 EPS becomes a reality. After $0.18 actual EPS reported by Primo Water Corporation for the previous quarter, Wall Street now forecasts -72.22% negative EPS growth.

More notable recent Primo Water Corporation (NASDAQ:PRMW) news were published by: Seekingalpha.com which released: “Primo Water Corporation (PRMW) CEO Matt Sheehan on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on August 07, 2018, also Globenewswire.com with their article: “Primo Water to Announce Results for the Fourth Quarter and the Fiscal Year Ended December 31, 2017 – GlobeNewswire” published on February 13, 2018, Globenewswire.com published: “Primo® Water Selects Nayax as Exclusive Cashless Payment Solution Provider for Its Refill Business – GlobeNewswire” on November 16, 2018. More interesting news about Primo Water Corporation (NASDAQ:PRMW) were released by: Globenewswire.com and their article: “Primo Water Announces Fourth Quarter and Full Year 2017 Financial Results – GlobeNewswire” published on March 06, 2018 as well as Globenewswire.com‘s news article titled: “Primo Water Announces Closing of Follow-On Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares – GlobeNewswire” with publication date: May 22, 2018.

Investors sentiment decreased to 1.44 in 2018 Q3. Its down 1.11, from 2.55 in 2018Q2. It dropped, as 18 investors sold PRMW shares while 23 reduced holdings. 17 funds opened positions while 42 raised stakes. 24.85 million shares or 8.05% more from 23.00 million shares in 2018Q2 were reported. Parametric Assoc Lc invested 0% in Primo Water Corporation (NASDAQ:PRMW). Citadel Advsrs Ltd Liability Corp holds 44,853 shares or 0% of its portfolio. Los Angeles Capital Mgmt And Equity Research holds 0% of its portfolio in Primo Water Corporation (NASDAQ:PRMW) for 16,810 shares. Metropolitan Life Insur Communications Ny, a New York-based fund reported 2,451 shares. Vanguard Grp Inc accumulated 1.46 million shares. Commercial Bank Of America Corp De stated it has 421,745 shares or 0% of all its holdings. Salem Invest Counselors stated it has 5,274 shares. Timpani Lc holds 0.29% or 55,917 shares. Hawk Ridge Cap Mngmt LP invested in 91,851 shares. Minnesota-based Walleye Trading Ltd has invested 0% in Primo Water Corporation (NASDAQ:PRMW). The New York-based Bluemountain Cap Management has invested 0% in Primo Water Corporation (NASDAQ:PRMW). Moreover, Geode Mngmt Ltd Llc has 0% invested in Primo Water Corporation (NASDAQ:PRMW) for 356,694 shares. Morgan Stanley holds 0% or 56,192 shares in its portfolio. Perritt Cap has invested 1.17% of its portfolio in Primo Water Corporation (NASDAQ:PRMW). Moreover, Martingale Asset Ltd Partnership has 0.01% invested in Primo Water Corporation (NASDAQ:PRMW).

Primo Water Corporation (NASDAQ:PRMW) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.