JANA Partners Shows New 5.27% Stake in Marathon Petroleum (MPC)
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Price: $393.52 +0.66%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.1%
Revenue Growth %: +26.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.1%
Revenue Growth %: +26.9%
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In a 13D filing on Marathon Petroleum (NYSE: MPC), hedge fund JANA Partners disclosed a 5.27%, or 18,806,322 share, stake in the company. The position includes options to purchase 896,000 shares of common stock. The firm did not hold shares at the end of the latest quarter ending September 30, 2011.
In the filing, JANA said it and the company are continuing talks and may purchase other options or proposals.
For more notable holders of Marathon Petroleum stock click here. For more information on JANA Partners click here.
In the filing, JANA said it and the company are continuing talks and may purchase other options or proposals.
For more notable holders of Marathon Petroleum stock click here. For more information on JANA Partners click here.
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