Mitsubishi UFJ Asset Management Co. Ltd. Raises Stock Position in Marathon Petroleum Corporation $MPC

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Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Marathon Petroleum Corporation (NYSE:MPC) by 2.4% during the third quarter, bringing its total stake to 610,186 shares valued at approximately $117.6 million. Marathon Petroleum reported strong quarterly earnings of $4.07 per share, surpassing analyst estimates, and declared a quarterly dividend of $1.00 per share. The company currently holds a “Moderate Buy” consensus rating from analysts, with an average price target of $202.19.

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