Hotchkis & Wiley Capital Management Has Raised Murphy Oil (MUR) Position by $11.14 Million; Hoegh Lng Partners LP (HMLP) Holder Cohen & Steers Decreased Its Holding by $1.30 Million

December 7, 2017 - By Marguerite Chambers

Cohen & Steers Inc decreased its stake in Hoegh Lng Partners Lp (HMLP) by 24.65% based on its latest 2017Q2 regulatory filing with the SEC. Cohen & Steers Inc sold 68,378 shares as the company’s stock declined 1.29% while stock markets rallied. The institutional investor held 209,029 shares of the marine transportation company at the end of 2017Q2, valued at $4.00M, down from 277,407 at the end of the previous reported quarter. Cohen & Steers Inc who had been investing in Hoegh Lng Partners Lp for a number of months, seems to be less bullish one the $345.89M market cap company. The stock decreased 0.28% or $0.05 during the last trading session, reaching $17.5. About 32,013 shares traded. Höegh LNG Partners LP (NYSE:HMLP) has risen 10.34% since December 7, 2016 and is uptrending. It has underperformed by 6.36% the S&P500.

Hotchkis & Wiley Capital Management Llc increased its stake in Murphy Oil Corp (MUR) by 3.15% based on its latest 2017Q2 regulatory filing with the SEC. Hotchkis & Wiley Capital Management Llc bought 445,500 shares as the company’s stock declined 4.52% while stock markets rallied. The institutional investor held 14.58M shares of the oil & gas production company at the end of 2017Q2, valued at $373.72M, up from 14.14 million at the end of the previous reported quarter. Hotchkis & Wiley Capital Management Llc who had been investing in Murphy Oil Corp for a number of months, seems to be bullish on the $4.87B market cap company. The stock decreased 2.52% or $0.73 during the last trading session, reaching $28.21. About 1.80M shares traded. Murphy Oil Corporation (NYSE:MUR) has declined 8.71% since December 7, 2016 and is downtrending. It has underperformed by 25.41% the S&P500.




Among 13 analysts covering Murphy Oil Corporation (NYSE:MUR), 0 have Buy rating, 3 Sell and 10 Hold. Therefore 0 are positive. Murphy Oil Corporation had 36 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Neutral” rating by JP Morgan given on Wednesday, December 9. The stock of Murphy Oil Corporation (NYSE:MUR) has “Neutral” rating given on Thursday, July 30 by UBS. The firm has “Sector Perform” rating given on Friday, February 12 by Iberia Capital Partners. The company was downgraded on Tuesday, July 11 by Barclays Capital. The firm has “Hold” rating given on Tuesday, July 18 by Cowen & Co. On Friday, July 31 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm has “Hold” rating given on Tuesday, August 8 by Piper Jaffray. On Thursday, August 24 the stock rating was maintained by Piper Jaffray with “Hold”. RBC Capital Markets maintained Murphy Oil Corporation (NYSE:MUR) rating on Friday, June 2. RBC Capital Markets has “Hold” rating and $3200 target. The firm has “Buy” rating by Zacks given on Tuesday, August 11.

Another recent and important Murphy Oil Corporation (NYSE:MUR) news was published by Nasdaq.com which published an article titled: “Here’s Why You Should Hold on to Murphy Oil (MUR) Stock Now” on November 23, 2017.

Investors sentiment decreased to 1.11 in Q2 2017. Its down 0.04, from 1.15 in 2017Q1. It dropped, as 34 investors sold MUR shares while 99 reduced holdings. 44 funds opened positions while 103 raised stakes. 167.16 million shares or 1.53% more from 164.65 million shares in 2017Q1 were reported. Exxonmobil Investment Management Tx invested in 31,141 shares. Us Comml Bank De owns 68,247 shares. 33,162 were reported by Citigroup. Macquarie Limited stated it has 37,600 shares. Moreover, Schroder Invest Mgmt Gp has 0.01% invested in Murphy Oil Corporation (NYSE:MUR). Nomura Hldg Inc stated it has 0% of its portfolio in Murphy Oil Corporation (NYSE:MUR). Wealthfront holds 0.03% or 65,790 shares. Texas Permanent School Fund holds 0.02% or 45,573 shares. Ajo Ltd Partnership holds 0.12% of its portfolio in Murphy Oil Corporation (NYSE:MUR) for 1.09 million shares. Art Advsr Ltd accumulated 106,255 shares. Hsbc Hldg Public Limited Com reported 103,184 shares. Rhumbline Advisers invested in 293,568 shares. Parametric Port Associates Ltd reported 1.15 million shares stake. Canada Pension Plan Investment Board holds 0% or 10,410 shares. Old Mutual Customised Solutions (Proprietary) has invested 0.01% in Murphy Oil Corporation (NYSE:MUR).

Hotchkis & Wiley Capital Management Llc, which manages about $25.96B and $24.91 billion US Long portfolio, decreased its stake in Horace Mann Educators Corp N (NYSE:HMN) by 33,540 shares to 1.92 million shares, valued at $72.51 million in 2017Q2, according to the filing. It also reduced its holding in Marvell Technology Group Ltd (NASDAQ:MRVL) by 531,000 shares in the quarter, leaving it with 3.05 million shares, and cut its stake in Lifepoint Health Inc (NASDAQ:LPNT).

Among 6 analysts covering Hoegh LNG Partners LP (NYSE:HMLP), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hoegh LNG Partners LP had 14 analyst reports since August 14, 2015 according to SRatingsIntel. On Tuesday, July 18 the stock rating was upgraded by Barclays Capital to “Overweight”. The stock of Höegh LNG Partners LP (NYSE:HMLP) has “Buy” rating given on Thursday, September 7 by Stifel Nicolaus. Morgan Stanley upgraded the stock to “Overweight” rating in Wednesday, November 2 report. As per Friday, August 25, the company rating was maintained by Citigroup. On Wednesday, September 9 the stock rating was initiated by Clarkson Capital with “Buy”. Barclays Capital maintained the shares of HMLP in report on Tuesday, August 30 with “Equal-Weight” rating. Stifel Nicolaus maintained it with “Buy” rating and $2200 target in Thursday, July 20 report. The stock of Höegh LNG Partners LP (NYSE:HMLP) has “Buy” rating given on Thursday, October 12 by Stifel Nicolaus. On Friday, August 14 the stock rating was maintained by Citigroup with “Buy”. Seaport Global Securities initiated the stock with “Accumulate” rating in Wednesday, January 6 report.

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