Gofen & Glossberg LLC IL acquired a new position in shares of Murphy Oil Co. (NYSE:MUR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,100 shares of the oil and gas producer’s stock, valued at approximately $220,000.

A number of other institutional investors have also recently added to or reduced their stakes in MUR. Advisor Group Inc. increased its position in shares of Murphy Oil by 8.0% during the second quarter. Advisor Group Inc. now owns 4,071 shares of the oil and gas producer’s stock valued at $105,000 after acquiring an additional 301 shares during the last quarter. Murphy Pohlad Asset Management LLC acquired a new stake in shares of Murphy Oil during the third quarter valued at about $216,000. Commerzbank Aktiengesellschaft FI acquired a new stake in shares of Murphy Oil during the third quarter valued at about $230,000. HighTower Advisors LLC acquired a new stake in shares of Murphy Oil during the second quarter valued at about $236,000. Finally, Shelton Capital Management acquired a new stake in shares of Murphy Oil during the third quarter valued at about $251,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

In other news, VP John B. Gardner sold 3,783 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $27.84, for a total value of $105,318.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Madison Murphy sold 6,325 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $28.55, for a total transaction of $180,578.75. The disclosure for this sale can be found here. In the last three months, insiders bought 25,500 shares of company stock valued at $5,100. Insiders own 6.89% of the company’s stock.

Murphy Oil Co. (NYSE MUR) opened at $34.69 on Friday. The company has a quick ratio of 1.60, a current ratio of 1.74 and a debt-to-equity ratio of 0.58. Murphy Oil Co. has a 12 month low of $22.21 and a 12 month high of $35.16. The company has a market cap of $6,031.42, a P/E ratio of -68.02 and a beta of 2.24.

Murphy Oil (NYSE:MUR) last posted its quarterly earnings data on Wednesday, November 1st. The oil and gas producer reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.11. Murphy Oil had a negative net margin of 4.15% and a negative return on equity of 1.25%. The business had revenue of $498.31 million during the quarter, compared to analyst estimates of $460.17 million. During the same quarter last year, the firm posted ($0.18) earnings per share. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. sell-side analysts expect that Murphy Oil Co. will post -0.22 EPS for the current year.

A number of brokerages have weighed in on MUR. Cowen reiterated a “hold” rating and set a $34.00 price target on shares of Murphy Oil in a research report on Thursday. Zacks Investment Research upgraded shares of Murphy Oil from a “sell” rating to a “hold” rating in a research report on Monday. Morgan Stanley lifted their price target on shares of Murphy Oil from $23.00 to $26.00 and gave the company an “underweight” rating in a research report on Wednesday, October 18th. Finally, Credit Suisse Group began coverage on shares of Murphy Oil in a research report on Monday, December 11th. They set a “neutral” rating and a $30.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $30.27.

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Murphy Oil 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.

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

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