Central Securities Lowered Murphy Oil (MUR) Holding by $4.39 Million; Tiger Legatus Capital Management Holding In Macquarie Infrastructure Cor (MIC) Was Has Raised

February 23, 2018 - By Adrian Erickson

Central Securities Corp decreased its stake in Murphy Oil Corp (MUR) by 73.48% based on its latest 2017Q3 regulatory filing with the SEC. Central Securities Corp sold 169,000 shares as the company’s stock declined 4.52% while stock markets rallied. The institutional investor held 61,000 shares of the oil & gas production company at the end of 2017Q3, valued at $1.62M, down from 230,000 at the end of the previous reported quarter. Central Securities Corp who had been investing in Murphy Oil Corp for a number of months, seems to be less bullish one the $4.51 billion market cap company. The stock increased 3.73% or $0.94 during the last trading session, reaching $26.12. About 2.94 million shares traded or 16.68% up from the average. Murphy Oil Corporation (NYSE:MUR) has declined 8.71% since February 23, 2017 and is downtrending. It has underperformed by 25.41% the S&P500.




Jesse Ro increased its stake in Macquarie Infrastructure Cor (MIC) by 6.29% based on its latest 2017Q3 regulatory filing with the SEC. Tiger Legatus Capital Management Llc bought 33,000 shares as the company’s stock declined 1.43% while stock markets rallied. The hedge fund run by Jesse Ro held 558,000 shares of the oil refining and marketing company at the end of 2017Q3, valued at $40.28M, up from 525,000 at the end of the previous reported quarter. Tiger Legatus Capital Management Llc who had been investing in Macquarie Infrastructure Cor for a number of months, seems to be bullish on the $3.16 billion market cap company. The stock decreased 41.20% or $26.21 during the last trading session, reaching $37.41. About 27.64M shares traded or 2053.01% up from the average. Macquarie Infrastructure Corporation (NYSE:MIC) has risen 11.18% since February 23, 2017 and is uptrending. It has underperformed by 5.52% the S&P500.

Among 8 analysts covering MacQuarie Infrastructure (NYSE:MIC), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. MacQuarie Infrastructure had 22 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, August 5. The firm has “Neutral” rating by JP Morgan given on Thursday, February 22. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Outperform” rating given on Wednesday, November 2 by RBC Capital Markets. The firm earned “Overweight” rating on Thursday, February 23 by Barclays Capital. The firm has “Overweight” rating given on Thursday, March 24 by JP Morgan. On Sunday, October 29 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Sunday, August 20. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 4. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Buy” rating given on Thursday, November 2 by SunTrust. RBC Capital Markets maintained the shares of MIC in report on Monday, September 25 with “Buy” rating.

Investors sentiment decreased to 1.46 in 2017 Q3. Its down 0.07, from 1.53 in 2017Q2. It turned negative, as 30 investors sold MIC shares while 91 reduced holdings. 52 funds opened positions while 125 raised stakes. 63.11 million shares or 4.68% less from 66.21 million shares in 2017Q2 were reported. Illinois-based First Trust Advisors Limited Partnership has invested 0.02% in Macquarie Infrastructure Corporation (NYSE:MIC). California State Teachers Retirement Sys invested in 140,484 shares or 0.02% of the stock. Parametric Port Assocs Ltd Liability Com reported 130,473 shares. Royal Natl Bank Of Canada holds 115,254 shares. Punch & Assoc Inv Mgmt Incorporated owns 0.82% invested in Macquarie Infrastructure Corporation (NYSE:MIC) for 128,268 shares. Credit Agricole S A holds 45,993 shares or 0.01% of its portfolio. Citadel Advisors Limited Liability Corp stated it has 0.04% in Macquarie Infrastructure Corporation (NYSE:MIC). Manufacturers Life Ins Company The invested in 0.04% or 470,896 shares. Vident Investment Advisory Ltd Limited Liability Company owns 5,958 shares. Cap World Investors reported 3.17M shares stake. Clear Harbor Asset Mgmt Ltd Company holds 81,488 shares or 1.17% of its portfolio. 14,800 were reported by Denali Advsrs Ltd Liability. New Mountain Vantage Advisers Ltd Liability Corporation invested in 508,424 shares or 2.82% of the stock. Stephens Ar reported 18,550 shares. Loring Wolcott And Coolidge Fiduciary Advsr Ltd Liability Partnership Ma reported 0% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC).

Analysts await Murphy Oil Corporation (NYSE:MUR) to report earnings on May, 2. They expect $0.21 earnings per share, up 450.00% or $0.27 from last year’s $-0.06 per share. MUR’s profit will be $36.24 million for 31.10 P/E if the $0.21 EPS becomes a reality. After $0.08 actual earnings per share reported by Murphy Oil Corporation for the previous quarter, Wall Street now forecasts 162.50% EPS growth.

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

Among 14 analysts covering Murphy Oil Corporation (NYSE:MUR), 1 have Buy rating, 2 Sell and 11 Hold. Therefore 7% are positive. Murphy Oil Corporation has $50 highest and $18 lowest target. $31.67’s average target is 21.25% above currents $26.12 stock price. Murphy Oil Corporation had 43 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, August 24 by Piper Jaffray. The company was initiated on Wednesday, December 9 by JP Morgan. Piper Jaffray maintained Murphy Oil Corporation (NYSE:MUR) on Tuesday, August 8 with “Hold” rating. The firm earned “Hold” rating on Monday, December 11 by Credit Suisse. On Friday, February 2 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The rating was maintained by Cowen & Co with “Hold” on Tuesday, July 18. The firm has “Hold” rating by Cowen & Co given on Thursday, October 19. The firm has “Hold” rating given on Tuesday, July 11 by Barclays Capital. The firm earned “Hold” rating on Tuesday, January 23 by Piper Jaffray. On Monday, February 5 the stock rating was maintained by Piper Jaffray with “Hold”.

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.25, from 1.11 in 2017Q2. It dived, as 57 investors sold MUR shares while 100 reduced holdings. 45 funds opened positions while 90 raised stakes. 164.72 million shares or 1.46% less from 167.16 million shares in 2017Q2 were reported. The New York-based Highbridge Capital Management Limited Liability has invested 0.03% in Murphy Oil Corporation (NYSE:MUR). Northern Tru reported 0.01% in Murphy Oil Corporation (NYSE:MUR). Livforsakringsbolaget Skandia Omsesidigt holds 0.01% of its portfolio in Murphy Oil Corporation (NYSE:MUR) for 3,088 shares. Elm Ridge Mgmt Ltd Llc owns 3.05% invested in Murphy Oil Corporation (NYSE:MUR) for 272,583 shares. Susquehanna Llp reported 0% of its portfolio in Murphy Oil Corporation (NYSE:MUR). Qs Investors Ltd Liability Co owns 48,297 shares. Tiaa Cref Invest Management Lc stated it has 0.01% in Murphy Oil Corporation (NYSE:MUR). New York-based Barrett Asset Mgmt Limited Liability Company has invested 0.12% in Murphy Oil Corporation (NYSE:MUR). Peak6 Lp owns 12,506 shares or 0% of their US portfolio. Amp Capital Invsts Limited holds 0.01% of its portfolio in Murphy Oil Corporation (NYSE:MUR) for 45,492 shares. Ellington Mngmt Grp Ltd Liability Corp holds 0.07% or 14,500 shares in its portfolio. Central Securities Corp holds 61,000 shares or 0.28% of its portfolio. Levin Strategies Lp has invested 0% in Murphy Oil Corporation (NYSE:MUR). Ajo Lp invested in 24,025 shares. Alliancebernstein Ltd Partnership invested in 0% or 113,699 shares.

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