Aperio Group LLC lifted its position in shares of Murphy Oil Corporation (NYSE:MUR) by 9.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 125,450 shares of the oil and gas producer’s stock after purchasing an additional 10,536 shares during the period. Aperio Group LLC owned 0.07% of Murphy Oil Corporation worth $3,332,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Murphy Oil Corporation by 3.2% during the second quarter. Hotchkis & Wiley Capital Management LLC now owns 14,581,270 shares of the oil and gas producer’s stock valued at $373,718,000 after purchasing an additional 445,500 shares in the last quarter. BlackRock Inc. lifted its position in shares of Murphy Oil Corporation by 2.2% during the second quarter. BlackRock Inc. now owns 12,162,743 shares of the oil and gas producer’s stock valued at $311,730,000 after purchasing an additional 265,161 shares in the last quarter. FMR LLC lifted its position in shares of Murphy Oil Corporation by 4.7% during the second quarter. FMR LLC now owns 11,806,976 shares of the oil and gas producer’s stock valued at $302,613,000 after purchasing an additional 529,291 shares in the last quarter. State Street Corp lifted its position in shares of Murphy Oil Corporation by 4.6% during the second quarter. State Street Corp now owns 11,373,872 shares of the oil and gas producer’s stock valued at $291,513,000 after purchasing an additional 503,190 shares in the last quarter. Finally, Pzena Investment Management LLC lifted its position in shares of Murphy Oil Corporation by 4.3% during the second quarter. Pzena Investment Management LLC now owns 9,510,782 shares of the oil and gas producer’s stock valued at $243,761,000 after purchasing an additional 396,009 shares in the last quarter. 98.32% of the stock is currently owned by institutional investors.

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In other news, Director Robert Madison Murphy sold 6,325 shares of Murphy Oil Corporation stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $28.55, for a total value of $180,578.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.89% of the stock is owned by company insiders.

Shares of Murphy Oil Corporation (NYSE:MUR) opened at $29.14 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.74 and a quick ratio of 1.60. Murphy Oil Corporation has a 12-month low of $22.21 and a 12-month high of $35.19.

Murphy Oil Corporation (NYSE:MUR) last announced its quarterly earnings data on Wednesday, November 1st. The oil and gas producer reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.11. The business had revenue of $498.31 million for the quarter, compared to analyst estimates of $460.17 million. Murphy Oil Corporation had a negative net margin of 4.15% and a negative return on equity of 1.25%. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.18) earnings per share. sell-side analysts forecast that Murphy Oil Corporation will post -0.19 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 13th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.00 annualized dividend and a dividend yield of 3.43%. Murphy Oil Corporation’s payout ratio is -196.08%.

A number of research firms recently weighed in on MUR. ValuEngine raised shares of Murphy Oil Corporation from a “sell” rating to a “hold” rating in a research report on Friday, July 28th. BidaskClub raised shares of Murphy Oil Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Piper Jaffray Companies reissued a “hold” rating and set a $31.00 price target on shares of Murphy Oil Corporation in a research report on Thursday, August 10th. Morgan Stanley raised their price target on shares of Murphy Oil Corporation from $23.00 to $26.00 and gave the company an “underweight” rating in a research report on Wednesday, October 18th. Finally, Zacks Investment Research lowered shares of Murphy Oil Corporation from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $30.27.

Murphy Oil Corporation Company Profile

Murphy Oil Corporation (Murphy) is an oil and gas exploration and production company. The Company’s exploration and production business explores for and produces crude oil, natural gas and natural gas liquids across the world. Its exploration and production activities are subdivided into four geographic segments: the United States, Canada, Malaysia and all other countries.

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Institutional Ownership by Quarter for Murphy Oil Corporation (NYSE:MUR)

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