TMB Capital Partners LLC Takes Position in Marathon Petroleum Corporation $MPC

TMB Capital Partners LLC has initiated a new position in Marathon Petroleum Corporation (NYSE:MPC) by purchasing 13,414 shares worth approximately $2.18 million during the fourth quarter. Marathon Petroleum recently surpassed first-quarter earnings expectations and declared a quarterly dividend of $1.00 per share, contributing to its "Moderate Buy" rating and an average target price of $272.94 from analysts. Other institutional investors have also adjusted their holdings in the company, while a VP recently sold a portion of his shares.