Aperio Group LLC Acquires 2,627 Shares of Murphy Oil Co. (MUR)

Aperio Group LLC grew its holdings in Murphy Oil Co. (NYSE:MUR) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 132,198 shares of the oil and gas producer’s stock after purchasing an additional 2,627 shares during the quarter. Aperio Group LLC owned approximately 0.08% of Murphy Oil worth $4,407,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MUR. FMR LLC raised its stake in shares of Murphy Oil by 7.2% during the 2nd quarter. FMR LLC now owns 15,868,414 shares of the oil and gas producer’s stock worth $535,876,000 after acquiring an additional 1,065,018 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Murphy Oil by 5,302.0% during the 2nd quarter. Marshall Wace LLP now owns 824,190 shares of the oil and gas producer’s stock worth $27,833,000 after acquiring an additional 808,933 shares in the last quarter. Aristotle Atlantic Partners LLC raised its stake in shares of Murphy Oil by 2,028.0% during the 2nd quarter. Aristotle Atlantic Partners LLC now owns 548,637 shares of the oil and gas producer’s stock worth $18,526,000 after acquiring an additional 522,855 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Murphy Oil by 69.5% during the 2nd quarter. Renaissance Technologies LLC now owns 726,600 shares of the oil and gas producer’s stock worth $24,537,000 after acquiring an additional 298,000 shares in the last quarter. Finally, BlackRock Inc. raised its stake in shares of Murphy Oil by 1.9% during the 2nd quarter. BlackRock Inc. now owns 16,118,018 shares of the oil and gas producer’s stock worth $544,306,000 after acquiring an additional 295,199 shares in the last quarter. Institutional investors and hedge funds own 89.62% of the company’s stock.

Several research analysts recently commented on MUR shares. Zacks Investment Research upgraded shares of Murphy Oil from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Friday, August 24th. KLR Group reiterated a “buy” rating and set a $39.00 price objective on shares of Murphy Oil in a research note on Monday, August 20th. National Alliance Securities upgraded shares of Murphy Oil from a “hold” rating to a “buy” rating in a research note on Thursday, October 11th. Barclays boosted their price objective on shares of Murphy Oil from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 11th. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $43.00 price objective on shares of Murphy Oil in a research note on Wednesday, October 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. Murphy Oil presently has an average rating of “Hold” and an average price target of $36.27.

NYSE:MUR opened at $30.39 on Friday. The company has a market cap of $5.41 billion, a price-to-earnings ratio of -233.77 and a beta of 2.26. Murphy Oil Co. has a twelve month low of $24.39 and a twelve month high of $36.53. The company has a current ratio of 1.46, a quick ratio of 1.35 and a debt-to-equity ratio of 0.62.

Murphy Oil (NYSE:MUR) last released its earnings results on Wednesday, August 8th. The oil and gas producer reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. The company had revenue of $655.15 million for the quarter, compared to the consensus estimate of $623.76 million. Murphy Oil had a negative net margin of 6.19% and a positive return on equity of 2.32%. Murphy Oil’s revenue was up 37.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.11) EPS. On average, equities research analysts expect that Murphy Oil Co. will post 1.76 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Monday, November 12th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Thursday, November 8th. Murphy Oil’s dividend payout ratio is presently -769.23%.

Murphy Oil Profile

Murphy Oil Corporation operates as an oil and gas exploration and production company worldwide. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Murphy Oil Corporation was founded in 1950 and is headquartered in El Dorado, Arkansas.

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

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