Asset Management One Co. Ltd. cut its holdings in Murphy USA Inc (NYSE:MUSA) by 8.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,136 shares of the specialty retailer’s stock after selling 1,687 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.05% of Murphy USA worth $1,251,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Tiedemann Wealth Management LLC increased its position in shares of Murphy USA by 9.9% during the 3rd quarter. Tiedemann Wealth Management LLC now owns 17,693 shares of the specialty retailer’s stock valued at $103,000 after purchasing an additional 1,587 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Murphy USA by 1,343.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock valued at $107,000 after purchasing an additional 1,343 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Murphy USA by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 2,624 shares of the specialty retailer’s stock valued at $194,000 after purchasing an additional 392 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Murphy USA during the 3rd quarter valued at about $208,000. Finally, Raymond James Trust N.A. increased its position in shares of Murphy USA by 12.9% during the 2nd quarter. Raymond James Trust N.A. now owns 3,701 shares of the specialty retailer’s stock valued at $274,000 after purchasing an additional 423 shares during the last quarter. Institutional investors own 95.35% of the company’s stock.
Several equities research analysts have recently commented on MUSA shares. BidaskClub raised shares of Murphy USA from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Zacks Investment Research lowered shares of Murphy USA from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. JPMorgan Chase & Co. lowered shares of Murphy USA from a “neutral” rating to an “underweight” rating in a report on Tuesday, November 7th. ValuEngine raised shares of Murphy USA from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Finally, Wells Fargo & Co increased their price objective on shares of Murphy USA and gave the company a “market perform” rating in a report on Thursday, January 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Murphy USA currently has a consensus rating of “Hold” and a consensus price target of $91.00.
Murphy USA Inc (MUSA) traded up $0.67 during midday trading on Friday, hitting $86.09. The stock had a trading volume of 233,532 shares, compared to its average volume of 237,400. The company has a quick ratio of 0.77, a current ratio of 1.18 and a debt-to-equity ratio of 1.30. The company has a market cap of $2,972.29, a P/E ratio of 19.26, a P/E/G ratio of 1.66 and a beta of 0.76. Murphy USA Inc has a 52-week low of $61.01 and a 52-week high of $86.85.
Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.56. The company had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.43 billion. Murphy USA had a return on equity of 24.19% and a net margin of 1.31%. Murphy USA’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $1.16 earnings per share. equities analysts expect that Murphy USA Inc will post 4.35 EPS for the current fiscal year.
About Murphy USA
Murphy USA Inc is engaged in the marketing of retail motor fuel products and merchandise through a chain of retail stores. The Company operates through the Marketing segment. The Marketing segment includes its retail marketing sites and product supply, and wholesale assets. As of December 31, 2016, its retail stores were located in 26 states, primarily in the Southwest, Southeast and Midwest the United States.
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