Quaker Capital Investments Holds Stake in Kinross Gold (KGC); Virginia Retirement Systems Et Al Increases Stake in Marathon Oil (MRO)

Kinross Gold Corporation (NYSE:KGC) Logo

Virginia Retirement Systems Et Al increased its stake in Marathon Oil Corp (MRO) by 14.76% based on its latest 2018Q3 regulatory filing with the SEC. Virginia Retirement Systems Et Al bought 35,400 shares as the company’s stock declined 24.82% with the market. The institutional investor held 275,243 shares of the oil & gas production company at the end of 2018Q3, valued at $6.41M, up from 239,843 at the end of the previous reported quarter. Virginia Retirement Systems Et Al who had been investing in Marathon Oil Corp for a number of months, seems to be bullish on the $12.72 billion market cap company. The stock increased 4.69% or $0.69 during the last trading session, reaching $15.31. About 9.18 million shares traded. Marathon Oil Corporation (NYSE:MRO) has risen 3.80% since January 4, 2018 and is uptrending. It has outperformed by 3.80% the S&P500. Some Historical MRO News: 19/03/2018 – A small oil field in Oklahoma is seeing big bets from producers; 06/03/2018 – Doug Foshee and Lisa Hyland elected to Marathon Oil Corporation Board of Directors; 02/05/2018 – Marathon Oil 1Q Adj EPS 18c; 20/03/2018 – CORRECTED-A small oil field in Oklahoma is seeing big bets from producers; 02/05/2018 – MARATHON OIL 1Q REV., OTHER INCOME $1.73B, EST. $1.39B; 02/05/2018 – MARATHON OIL 1Q ADJ EPS CONT OPS 18C; 20/05/2018 – Unemployed protest near east Libyan oil pipeline; production normal; 03/05/2018 – MARATHON OIL CEO SAYS SHARE BUYBACK AN OPTION AS CASH GROWS; 26/04/2018 – Marathon Oil Corporation Declares First Quarter 2018 Dividend; 02/05/2018 – MARATHON OIL 1Q ADJ EPS CONT OPS 18C, EST. 14C

Quaker Capital Investments Llc increased its stake in Kinross Gold Corp (KGC) by 8.87% based on its latest 2018Q3 regulatory filing with the SEC. Quaker Capital Investments Llc bought 200,000 shares as the company’s stock rose 4.38% while stock markets declined. The institutional investor held 2.45 million shares of the precious metals company at the end of 2018Q3, valued at $6.62 billion, up from 2.25M at the end of the previous reported quarter. Quaker Capital Investments Llc who had been investing in Kinross Gold Corp for a number of months, seems to be bullish on the $4.08 billion market cap company. The stock decreased 0.31% or $0.01 during the last trading session, reaching $3.22. About 8.07M shares traded. Kinross Gold Corporation (NYSE:KGC) has declined 26.29% since January 4, 2018 and is downtrending. It has underperformed by 26.29% the S&P500. Some Historical KGC News: 09/04/2018 – Kinross Gold Closes Below 50-Day Moving Average: Technicals; 16/05/2018 – KINROSS SAYS HUNDREDS OF CONTRACTORS GOING HOME IN MAURITANIA; 16/05/2018 – KINROSS: WB JUST SIGNED OFF ON MAURITANIA FISCAL ARRANGEMENTS; 15/03/2018 – KINROSS ADOPTS NEW HOLDER RIGHTS PLAN; 09/04/2018 – KINROSS GOLD CORP K.TO – WILL CONTINUE TO MONITOR SANCTION LEGISLATION IN CANADA, U.S. AND EUROPEAN UNION SO CO AND UNITS REMAIN IN COMPLIANCE; 16/05/2018 – KINROSS HAS $300M OF POLITICAL-RISK INSURANCE WITH WORLD BANK; 08/05/2018 – KINROSS GOLD CORP K.TO – 2018 OUTLOOK UNCHANGED; 26/03/2018 – Kinross Gold settles Foreign Corrupt Practices Act charges -SEC; 08/05/2018 – Kinross Gold 1Q Rev $897.2M; 16/05/2018 – KINROSS `HOPES TO BE TRIMMING AROUND THE EDGES’ IN MAURITANIA

Among 18 analysts covering Kinross Gold Corporation (NYSE:KGC), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Kinross Gold Corporation had 69 analyst reports since July 24, 2015 according to SRatingsIntel. BMO Capital Markets maintained Kinross Gold Corporation (NYSE:KGC) rating on Monday, March 7. BMO Capital Markets has “Outperform” rating and $3.75 target. The rating was maintained by Barclays Capital on Friday, February 12 with “Equal Weight”. RBC Capital Markets maintained Kinross Gold Corporation (NYSE:KGC) rating on Sunday, December 3. RBC Capital Markets has “Buy” rating and $5.5 target. Jefferies maintained the shares of KGC in report on Tuesday, August 15 with “Hold” rating. Citigroup maintained Kinross Gold Corporation (NYSE:KGC) rating on Wednesday, August 29. Citigroup has “Neutral” rating and $3.25 target. The stock of Kinross Gold Corporation (NYSE:KGC) has “Hold” rating given on Friday, July 14 by Jefferies. Robert W. Baird downgraded the shares of KGC in report on Monday, August 24 to “Sector Perform” rating. The rating was upgraded by Goldman Sachs to “Neutral” on Wednesday, May 11. Raymond James downgraded Kinross Gold Corporation (NYSE:KGC) on Wednesday, November 18 to “Mkt Perform” rating. TD Securities maintained Kinross Gold Corporation (NYSE:KGC) on Thursday, October 19 with “Buy” rating.

More notable recent Kinross Gold Corporation (NYSE:KGC) news were published by: Seekingalpha.com which released: “Kinross Gold seen as loser, Rio Tinto a winner in U.S. sanctions on Russia – Seeking Alpha” on April 09, 2018, also Seekingalpha.com with their article: “Kinross Gold: A Look At Q3 Results – Seeking Alpha” published on November 08, 2018, 247Wallst.com published: “5 Gold Stocks to Buy Now in Case Market Tests or Breaks Lows – 24/7 Wall St.” on March 05, 2018. More interesting news about Kinross Gold Corporation (NYSE:KGC) were released by: Gurufocus.com and their article: “Kinross Gold Is Again Moving As a Real Buy – GuruFocus.com” published on April 12, 2018 as well as Globenewswire.com‘s news article titled: “Kinross announces end of regulatory investigation of West Africa operations – GlobeNewswire” with publication date: March 26, 2018.

Quaker Capital Investments Llc, which manages about $309.57 billion US Long portfolio, decreased its stake in Cnx Resources Corporation by 301,448 shares to 2.10 million shares, valued at $29.99B in 2018Q3, according to the filing.

Among 37 analysts covering Marathon Oil Corporation (NYSE:MRO), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Marathon Oil Corporation had 130 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Seaport Global to “Buy” on Wednesday, March 30. Jefferies maintained Marathon Oil Corporation (NYSE:MRO) rating on Monday, April 3. Jefferies has “Buy” rating and $22 target. As per Friday, November 10, the company rating was downgraded by Citigroup. The rating was upgraded by Simmons & Co on Tuesday, May 31 to “Overweight”. The stock of Marathon Oil Corporation (NYSE:MRO) earned “Equal Weight” rating by Barclays Capital on Monday, October 17. The rating was maintained by Jefferies with “Hold” on Friday, January 19. Jefferies maintained the shares of MRO in report on Thursday, October 19 with “Hold” rating. The firm has “Overweight” rating given on Thursday, September 1 by Barclays Capital. The company was upgraded on Friday, March 10 by Susquehanna. The stock of Marathon Oil Corporation (NYSE:MRO) earned “Hold” rating by Jefferies on Tuesday, August 29.

Investors sentiment decreased to 1.1 in Q3 2018. Its down 0.07, from 1.17 in 2018Q2. It worsened, as 42 investors sold MRO shares while 190 reduced holdings. 93 funds opened positions while 163 raised stakes. 646.46 million shares or 1.73% less from 657.86 million shares in 2018Q2 were reported. Blackrock accumulated 69.25 million shares. Kentucky Retirement Systems has invested 0.15% in Marathon Oil Corporation (NYSE:MRO). Delta Asset Management Tn invested in 0% or 247 shares. 120,075 were reported by Mason Street Advsrs Limited Com. Tiaa Cref Inv Mgmt Ltd Liability Co holds 0.04% or 2.43 million shares. Adams Asset Advsr accumulated 9,102 shares. Gulf Savings Bank (Uk) Limited accumulated 295,484 shares. Advisor Prtnrs Limited Liability Company reported 0.09% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Pittenger Anderson Incorporated holds 2,750 shares. Voloridge Investment Mgmt Limited Company reported 11,786 shares or 0.01% of all its holdings. Old Point Trust & Fincl N A owns 1.37% invested in Marathon Oil Corporation (NYSE:MRO) for 149,960 shares. 25,672 are owned by Berkshire Asset Mgmt Ltd Liability Company Pa. Vident Inv Advisory Ltd Com accumulated 0.06% or 66,428 shares. Sector Pension Board has invested 0.01% in Marathon Oil Corporation (NYSE:MRO). Leavell Invest Mgmt owns 0.04% invested in Marathon Oil Corporation (NYSE:MRO) for 17,602 shares.

Since September 14, 2018, it had 0 buys, and 1 insider sale for $2.43 million activity.

Virginia Retirement Systems Et Al, which manages about $8.64B US Long portfolio, decreased its stake in Corcept Therapeutics Inc (NASDAQ:CORT) by 63,900 shares to 13,800 shares, valued at $193,000 in 2018Q3, according to the filing. It also reduced its holding in Hospitality Pptys Tr (NYSE:HPT) by 21,000 shares in the quarter, leaving it with 183,100 shares, and cut its stake in Louisiana Pac Corp (NYSE:LPX).

More notable recent Marathon Oil Corporation (NYSE:MRO) news were published by: Seekingalpha.com which released: “Marathon Oil rises after strong Q3 results, production at high end of guidance – Seeking Alpha” on November 07, 2018, also Seekingalpha.com with their article: “Marathon Oil Corp: Buy This Pullback – Seeking Alpha” published on August 29, 2018, Fool.com published: “Marathon Oil Corporation’s Drilling Machine Produced High-End Results in Q3 – Motley Fool” on November 08, 2018. More interesting news about Marathon Oil Corporation (NYSE:MRO) were released by: Seekingalpha.com and their article: “Way To Go, Marathon Oil! – Seeking Alpha” published on August 06, 2018 as well as Fool.com‘s news article titled: “These 5 Oil Stocks Chose the Right Side – The Motley Fool” with publication date: December 09, 2018.

Marathon Oil Corporation (NYSE:MRO) 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.