U.S. Capital Wealth Advisors LLC Buys Shares of 10,000 Murphy Oil Corporation (NYSE:MUR)

U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Murphy Oil Corporation (NYSE:MUR - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 10,000 shares of the oil and gas producer's stock, valued at approximately $284,000.

Other hedge funds also recently added to or reduced their stakes in the company. Huntington National Bank lifted its position in shares of Murphy Oil by 342.8% in the 4th quarter. Huntington National Bank now owns 828 shares of the oil and gas producer's stock worth $25,000 after purchasing an additional 641 shares during the period. Riverview Trust Co acquired a new stake in shares of Murphy Oil in the first quarter worth $26,000. GeoWealth Management LLC acquired a new stake in Murphy Oil during the fourth quarter valued at $39,000. Byrne Asset Management LLC acquired a new stake in Murphy Oil during the first quarter valued at $44,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Murphy Oil by 177.8% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,725 shares of the oil and gas producer's stock valued at $49,000 after purchasing an additional 1,104 shares during the period. 78.31% of the stock is currently owned by institutional investors.

Murphy Oil Trading Down 3.7%

Shares of Murphy Oil stock traded down $0.96 during mid-day trading on Tuesday, hitting $24.99. 1,937,106 shares of the stock were exchanged, compared to its average volume of 2,391,313. The stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of 9.61 and a beta of 1.09. Murphy Oil Corporation has a twelve month low of $18.95 and a twelve month high of $43.02. The company has a current ratio of 0.76, a quick ratio of 0.69 and a debt-to-equity ratio of 0.28. The company has a 50-day simple moving average of $22.97 and a 200 day simple moving average of $25.32.

Murphy Oil (NYSE:MUR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The oil and gas producer reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.08. The business had revenue of $665.71 million for the quarter, compared to analyst estimates of $684.89 million. Murphy Oil had a net margin of 13.47% and a return on equity of 6.81%. The company's revenue was down 15.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.85 EPS. Research analysts forecast that Murphy Oil Corporation will post 2.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on MUR shares. Mizuho downgraded shares of Murphy Oil from an "outperform" rating to a "neutral" rating and reduced their target price for the stock from $32.00 to $31.00 in a research note on Tuesday, May 13th. UBS Group dropped their price objective on shares of Murphy Oil from $28.00 to $23.00 and set a "neutral" rating for the company in a report on Monday, April 7th. Roth Capital downgraded shares of Murphy Oil from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $27.00 to $25.00 in a research note on Thursday, May 15th. Johnson Rice downgraded shares of Murphy Oil from an "accumulate" rating to a "hold" rating in a research report on Wednesday, May 21st. Finally, KeyCorp restated a "sector weight" rating on shares of Murphy Oil in a research report on Monday, April 21st. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $29.46.

About Murphy Oil

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company in the United States, Canada, and internationally. 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.