Marathon Patent Group, Inc. (MARA) Reaches $4.17 After 3.00% Up Move; Last Week W&T Offshore, Inc. (WTI) Analysts

January 14, 2018 - By Kurt Siggers

Among 4 analysts covering W&T Offshore (NYSE:WTI), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. W&T Offshore had 12 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Global Hunter Securities given on Thursday, August 6. KLR Group downgraded the shares of WTI in report on Thursday, March 10 to “Hold” rating. The firm earned “Underweight” rating on Wednesday, January 10 by Capital One. The stock has “Sector Perform” rating by Iberia Capital Partners on Monday, August 17. Barclays Capital downgraded the shares of WTI in report on Monday, October 17 to “Underweight” rating. The stock of W&T Offshore, Inc. (NYSE:WTI) earned “Underweight” rating by Capital One on Tuesday, January 19. See W&T Offshore, Inc. (NYSE:WTI) latest ratings:

10/01/2018 Broker: Capital One Old Rating: Equal-Weight New Rating: Underweight Downgrade




The stock of Marathon Patent Group, Inc. (NASDAQ:MARA) is a huge mover today! The stock increased 8.59% or $0.33 during the last trading session, reaching $4.17. About 10.86 million shares traded or 100.13% up from the average. Marathon Patent Group, Inc. (NASDAQ:MARA) has declined 87.73% since January 14, 2017 and is downtrending. It has underperformed by 104.43% the S&P500.The move comes after 5 months positive chart setup for the $52.04M company. It was reported on Jan, 14 by Barchart.com. We have $4.30 PT which if reached, will make NASDAQ:MARA worth $1.56M more.

Since December 18, 2017, it had 0 insider buys, and 2 selling transactions for $133,631 activity. Another trade for 29,000 shares valued at $80,910 was sold by GIBBONS JOHN D. 18,762 shares valued at $52,721 were sold by Schroeder Stephen L on Monday, December 18.

W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company has market cap of $672.57 million. It sells crude oil, natural gas liquids, and natural gas. It has a 9.53 P/E ratio. The firm holds working interests in approximately 54 offshore fields in federal and state waters.

Investors sentiment increased to 1.94 in Q3 2017. Its up 0.28, from 1.66 in 2017Q2. It improved, as 13 investors sold W&T Offshore, Inc. shares while 19 reduced holdings. 30 funds opened positions while 32 raised stakes. 63.51 million shares or 3.99% less from 66.16 million shares in 2017Q2 were reported. Fmr Lc holds 45,400 shares or 0% of its portfolio. First Interstate National Bank & Trust reported 100 shares. 42,063 are owned by Voya Inv Management Ltd Liability Corp. Macquarie Group Limited stated it has 0% in W&T Offshore, Inc. (NYSE:WTI). Creative Planning owns 83,316 shares for 0% of their portfolio. Natixis stated it has 11,579 shares. Parallax Volatility Advisers Limited Partnership holds 3,023 shares. Franklin Resources Inc stated it has 0.01% in W&T Offshore, Inc. (NYSE:WTI). Dimensional Fund Advsr L P stated it has 0% in W&T Offshore, Inc. (NYSE:WTI). Wells Fargo Mn accumulated 24,636 shares. Fny Managed Accounts Ltd Limited Liability Company accumulated 1,368 shares. Bnp Paribas Arbitrage owns 0% invested in W&T Offshore, Inc. (NYSE:WTI) for 22,694 shares. Retail Bank Of America De has 0% invested in W&T Offshore, Inc. (NYSE:WTI) for 88,541 shares. Rhumbline Advisers holds 107,542 shares. Schwab Charles Mngmt has invested 0.01% in W&T Offshore, Inc. (NYSE:WTI).

The stock increased 1.67% or $0.08 during the last trading session, reaching $4.88. About 4.14M shares traded or 82.61% up from the average. W&T Offshore, Inc. (NYSE:WTI) has risen 11.39% since January 14, 2017 and is uptrending. It has underperformed by 5.31% the S&P500.

Investors sentiment decreased to 0.5 in 2017 Q3. Its down 0.28, from 0.78 in 2017Q2. It fall, as 6 investors sold Marathon Patent Group, Inc. shares while 2 reduced holdings. 2 funds opened positions while 2 raised stakes. 819,346 shares or 58.98% less from 2.00 million shares in 2017Q2 were reported. Morgan Stanley invested in 2,400 shares. Two Sigma Securities Ltd Liability Corporation reported 0.01% in Marathon Patent Group, Inc. (NASDAQ:MARA). Barclays Public Limited Co stated it has 0% of its portfolio in Marathon Patent Group, Inc. (NASDAQ:MARA). Fortress Invest Group Ltd Company reported 134,409 shares. Vanguard Group owns 164,903 shares or 0% of their US portfolio. Northern Corp holds 19,240 shares. Tci Wealth Advsrs Inc invested in 0% or 2,500 shares. Royal Bank & Trust Of Canada owns 729 shares. Geode Capital Mgmt stated it has 0% of its portfolio in Marathon Patent Group, Inc. (NASDAQ:MARA). Virtu Financial Ltd Liability Corp accumulated 309,953 shares or 0% of the stock. Blackrock has invested 0% in Marathon Patent Group, Inc. (NASDAQ:MARA).

Marathon Patent Group, Inc., together with its subsidiaries, acquires and monetizes patents primarily in the United States. The company has market cap of $52.04 million. The firm is involved in the acquisition of patents and patent rights from their owners ranging from individual inventors to Fortune 500 companies; and monetization of its patents and patent rights by entering into license discussions. It currently has negative earnings. As of December 31, 2016, it owned 515 patents.

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