Bank of Montreal Can Buys 77,984 Shares of Marathon Petroleum Corporation $MPC

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Bank of Montreal Can increased its stake in Marathon Petroleum (NYSE:MPC) by 17.2%, purchasing an additional 77,984 shares to own a total of 530,273 shares valued at approximately $102.2 million. Other institutional investors like Vanguard Group Inc. and Norges Bank also significantly increased their positions. Marathon Petroleum recently reported beating quarterly earnings estimates, pays a $1.00 quarterly dividend, and holds an average analyst rating of “Moderate Buy” with a $202.50 price target.

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