Institutional Investors Positive on Marathon Patent Group Inc (NASDAQ:MARA)

June 20, 2017 - By Vivian Currie

 Institutional Investors  Positive on Marathon Patent Group Inc (NASDAQ:MARA)

Sentiment for Marathon Patent Group Inc (NASDAQ:MARA)

Marathon Patent Group Inc (NASDAQ:MARA) institutional sentiment increased to 2.8 in 2016 Q4. Its up 1.00, from 1.8 in 2016Q3. The ratio is better, as 14 funds increased or opened new positions, while 5 sold and decreased positions in Marathon Patent Group Inc. The funds in our partner’s database now own: 3.14 million shares, up from 1.40 million shares in 2016Q3. Also, the number of funds holding Marathon Patent Group Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 2 Increased: 7 New Position: 7.

Marathon Patent Group Inc. is engaged in acquiring patents and patent rights from owners or other ventures. The company has market cap of $3.12 million. The Firm monetizes its portfolio of patents and patent rights by entering into license discussions. It currently has negative earnings. The Firm owns around 378 United States and foreign patents, and patent rights across a range of technologies and markets.

About 373,255 shares traded. Marathon Patent Group Inc (NASDAQ:MARA) has declined 87.73% since June 20, 2016 and is downtrending. It has underperformed by 104.43% the S&P500.

Heartland Advisors Inc holds 0.09% of its portfolio in Marathon Patent Group Inc for 915,194 shares. Cambridge Investment Research Advisors Inc. owns 717,034 shares or 0.02% of their US portfolio. Moreover, Fortress Investment Group Llc has 0.01% invested in the company for 134,409 shares. The Arizona-based Tci Wealth Advisors Inc. has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 4 shares.#img1#

Marathon Patent Group Inc (NASDAQ:MARA) Ratings Coverage

Ratings analysis reveals 80% of Marathon Patent Group Inc’s analysts are positive. Out of 5 Wall Street analysts rating Marathon Patent Group Inc, 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $7 while the high is $8. The stock’s average target of $7.33 is 5289.71% above today’s ($0.136) share price. MARA was included in 7 notes of analysts from August 18, 2015. Wells Fargo upgraded the stock to “Outperform” rating in Wednesday, October 7 report. The rating was downgraded by Zacks to “Hold” on Wednesday, August 19. The company was downgraded on Tuesday, August 25 by Zacks. Zacks upgraded the shares of MARA in report on Tuesday, September 22 to “Hold” rating.

More notable recent Marathon Patent Group Inc (NASDAQ:MARA) news were published by: Finance.Yahoo.com which released: “Marathon Patent Group Issues Letter to Shareholders” on February 21, 2017, also Marketwired.com with their article: “Marathon Patent Group, Inc. to Announce First Quarter Financial Results on May …” published on May 04, 2017, Benzinga.com published: “Marathon Patent Group Wholly-Owned Subsidiary Signal IP Receives Scheduling …” on May 22, 2017. More interesting news about Marathon Patent Group Inc (NASDAQ:MARA) were released by: Seekingalpha.com and their article: “Marathon Patent’s (MARA) CEO Doug Croxall on Q4 2016 Results – Earnings Call …” published on March 31, 2017 as well as Streetinsider.com‘s news article titled: “Marathon Patent Group (MARA) Announces Settlement and License Agreement with …” with publication date: April 18, 2017.

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