Vanguard Group Inc. reduced its stake in Marathon Petroleum Corporation by 1.3% in the third quarter, selling 521,427 shares. Despite this, Vanguard still holds over 38 million shares valued at about $7.39 billion. Other institutional investors have also adjusted their positions, and Wall Street analysts currently give Marathon Petroleum a “Moderate Buy” consensus rating with a target price of $202.19.
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Vanguard Group Inc. Sells 521,427 Shares of Marathon Petroleum Corporation $MPC
Vanguard Group Inc. reduced its stake in Marathon Petroleum Corporation by 1.3% in the third quarter, selling 521,427 shares. Despite this, Vanguard still holds over 38 million shares valued at about $7.39 billion. Other institutional investors have also adjusted their positions, and Wall Street analysts currently give Marathon Petroleum a “Moderate Buy” consensus rating with a target price of $202.19.