Analysts are on the Bearish side about Murphy Oil Corporation (NYSE:MUR) this week.

April 17, 2018 - By Hazel Jackson

Murphy Oil Corporation (NYSE:MUR) LogoInvestors sentiment increased to 0.91 in 2017 Q4. Its up 0.05, from 0.86 in 2017Q3. It improved, as 47 investors sold Murphy Oil Corporation shares while 92 reduced holdings. 44 funds opened positions while 82 raised stakes. 156.61 million shares or 4.92% less from 164.72 million shares in 2017Q3 were reported.
Teacher Retirement Systems Of Texas holds 0.02% in Murphy Oil Corporation (NYSE:MUR) or 73,760 shares. Signature Mngmt Inc stated it has 166,815 shares. Teachers Retirement Sys Of The State Of Kentucky accumulated 33,700 shares. Aqr Ltd Liability Com accumulated 2.73 million shares. Levin Strategies Limited Partnership holds 0.01% or 10,128 shares in its portfolio. Pnc Grp Inc Inc holds 51,472 shares or 0% of its portfolio. Schwab Charles Inv Management invested in 846,549 shares. Brandywine Glob Mngmt Ltd Liability holds 495,969 shares or 0.09% of its portfolio. Robeco Institutional Asset Bv invested in 0.07% or 417,116 shares. Cornerstone Advisors Inc invested in 0% or 82 shares. Ls Invest Advsr Lc holds 10,827 shares. Ftb Advisors Inc holds 0% or 1,027 shares. Engineers Gate Manager L P reported 0.21% stake. Atlantic Grp Lc owns 225 shares or 0% of their US portfolio. Advisory Services Networks Limited Liability Company invested in 0.03% or 12,538 shares.

Since February 2, 2018, it had 0 insider buys, and 1 insider sale for $965,516 activity.

Murphy Oil Corporation (NYSE:MUR) Ratings Coverage

Among 7 analysts covering Murphy Oil (NYSE:MUR), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Murphy Oil had 13 analyst reports since October 18, 2017 according to SRatingsIntel. On Monday, January 22 the stock rating was maintained by Stephens with “Buy”. The stock of Murphy Oil Corporation (NYSE:MUR) earned “Equal-Weight” rating by Barclays Capital on Friday, February 2. The rating was maintained by Cowen & Co with “Hold” on Thursday, October 19. Morgan Stanley maintained it with “Underweight” rating and $26 target in Wednesday, October 18 report. Credit Suisse initiated the stock with “Hold” rating in Monday, December 11 report. The company was maintained on Monday, February 5 by Piper Jaffray. Morgan Stanley maintained Murphy Oil Corporation (NYSE:MUR) on Wednesday, January 24 with “Underweight” rating. On Thursday, January 18 the stock rating was maintained by Cowen & Co with “Hold”. The rating was maintained by Stephens with “Buy” on Tuesday, March 13. The firm earned “Hold” rating on Tuesday, November 21 by Piper Jaffray. Below is a list of Murphy Oil Corporation (NYSE:MUR) latest ratings and price target changes.

13/03/2018 Broker: Stephens Rating: Buy New Target: $34.0 Maintain
07/03/2018 Broker: UBS Rating: Neutral New Target: $28 Initiates Coverage On
05/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $33.0 Maintain
02/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $29 New Target: $34 Maintain
23/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $34.0 Maintain
24/01/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $26 New Target: $33 Maintain
22/01/2018 Broker: Stephens Rating: Buy New Target: $37.0 Maintain
18/01/2018 Broker: Cowen & Co Rating: Hold New Target: $34.0 Maintain
11/12/2017 Broker: Credit Suisse Rating: Hold New Target: $30.0 Initiate
21/11/2017 Broker: Piper Jaffray Rating: Hold New Target: $28.0 Maintain

The stock increased 0.80% or $0.23 during the last trading session, reaching $28.9. About 941,502 shares traded. Murphy Oil Corporation (NYSE:MUR) has declined 2.02% since April 17, 2017 and is downtrending. It has underperformed by 13.57% the S&P500.

Murphy Oil Corporation operates as an gas and oil exploration and production firm worldwide. The company has market cap of $5.00 billion. It explores for and produces crude oil, natural gas, and natural gas liquids. It currently has negative earnings. The firm was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.

Murphy Oil Corporation (NYSE:MUR) Institutional Positions Chart

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