Murphy Oil Co. (MUR) Shares Bought by CWM Advisors LLC

CWM Advisors LLC raised its position in shares of Murphy Oil Co. (NYSE:MUR) by 11.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,475 shares of the oil and gas producer’s stock after buying an additional 1,112 shares during the period. CWM Advisors LLC’s holdings in Murphy Oil were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Mercantile Trust Co. boosted its position in shares of Murphy Oil by 109.2% during the fourth quarter. First Mercantile Trust Co. now owns 1,360 shares of the oil and gas producer’s stock worth $32,000 after buying an additional 710 shares during the period. Enlightenment Research LLC purchased a new position in shares of Murphy Oil during the fourth quarter worth $61,000. Oregon Public Employees Retirement Fund boosted its position in shares of Murphy Oil by 2,265.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,513,637 shares of the oil and gas producer’s stock worth $65,000 after buying an additional 1,449,640 shares during the period. Murphy Pohlad Asset Management LLC purchased a new position in shares of Murphy Oil during the fourth quarter worth $117,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Murphy Oil during the fourth quarter worth $119,000. Institutional investors and hedge funds own 87.52% of the company’s stock.

In other Murphy Oil news, VP John B. Gardner sold 8,364 shares of the firm’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $28.94, for a total value of $242,054.16. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.59% of the stock is owned by company insiders.

Shares of NYSE MUR opened at $29.30 on Friday. The firm has a market capitalization of $5.07 billion, a PE ratio of 23.44 and a beta of 2.21. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.94 and a current ratio of 1.04. Murphy Oil Co. has a 12-month low of $21.51 and a 12-month high of $36.53.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings data on Thursday, January 31st. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. Murphy Oil had a return on equity of 4.51% and a net margin of 15.99%. The business had revenue of $692.01 million for the quarter, compared to analysts’ expectations of $668.85 million. During the same period last year, the firm earned $0.08 earnings per share. As a group, analysts anticipate that Murphy Oil Co. will post 0.78 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Tuesday, February 19th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend was Friday, February 15th. Murphy Oil’s dividend payout ratio is presently 79.37%.

Several analysts have recently issued reports on MUR shares. TheStreet upgraded Murphy Oil from a “c+” rating to a “b” rating in a research note on Friday, February 1st. MKM Partners started coverage on Murphy Oil in a research note on Wednesday, December 5th. They issued a “buy” rating and a $44.00 price objective on the stock. Stephens started coverage on Murphy Oil in a research note on Thursday, December 6th. They issued an “equal weight” rating and a $38.00 price objective on the stock. JPMorgan Chase & Co. set a $39.00 price objective on Murphy Oil and gave the company a “hold” rating in a research note on Friday, December 7th. Finally, Credit Suisse Group set a $36.00 price objective on Murphy Oil and gave the company a “hold” rating in a research note on Monday, December 3rd. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $34.82.

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Murphy Oil Company Profile

Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and gas. It operates through the following geographical segments: United States, Canada, Malaysia, and Other. Its products include oil and gas liquids, natural gas, and synthetic oil. The company was founded by Charles H.

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

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