Mplx Target of Unusually Large Options Trading (NYSE:MPLX)
Mplx Lp (NYSE:MPLX) experienced unusually large options trading, with 6,789 call options acquired, a 237% increase from the average. Analysts have mixed ratings, with a consensus of "Moderate Buy" and a price target of $59.00. The stock traded at $54.84, with a market cap of $55.78 billion. Mplx reported strong earnings and increased its dividend, offering a yield of 7.9%. Institutional investors have adjusted their holdings, with 24.25% ownership by hedge funds.
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