BlueCrest Capital Management Ltd trimmed its position in Murphy USA Inc (NYSE:MUSA) by 88.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,625 shares of the specialty retailer’s stock after selling 35,744 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in Murphy USA were worth $372,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Renaissance Technologies LLC bought a new stake in Murphy USA in the 4th quarter valued at approximately $273,000. Amundi Pioneer Asset Management Inc. acquired a new position in shares of Murphy USA during the 4th quarter worth approximately $145,000. Reliance Trust Co. of Delaware increased its position in shares of Murphy USA by 20.6% during the 4th quarter. Reliance Trust Co. of Delaware now owns 4,579 shares of the specialty retailer’s stock worth $368,000 after purchasing an additional 781 shares during the last quarter. Assetmark Inc. acquired a new position in shares of Murphy USA during the 4th quarter worth approximately $134,000. Finally, BancorpSouth Bank acquired a new position in shares of Murphy USA during the 4th quarter worth approximately $83,141,000. Hedge funds and other institutional investors own 96.22% of the company’s stock.
Shares of Murphy USA Inc (MUSA) opened at $75.69 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.81 and a debt-to-equity ratio of 1.17. Murphy USA Inc has a 1 year low of $63.79 and a 1 year high of $89.69. The firm has a market capitalization of $2,508.23, a price-to-earnings ratio of 10.95, a P/E/G ratio of 1.77 and a beta of 0.88.
Murphy USA (NYSE:MUSA) last announced its quarterly earnings data on Wednesday, January 31st. The specialty retailer reported $3.58 earnings per share for the quarter, topping the consensus estimate of $1.04 by $2.54. Murphy USA had a return on equity of 22.69% and a net margin of 1.91%. The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.25 billion. During the same period in the prior year, the company earned $1.14 EPS. Murphy USA’s revenue for the quarter was up 10.6% on a year-over-year basis. analysts predict that Murphy USA Inc will post 5 earnings per share for the current year.
A number of analysts have recently weighed in on the company. Gabelli downgraded Murphy USA from a “buy” rating to a “hold” rating and set a $92.00 target price for the company. in a research report on Thursday, January 11th. Wells Fargo upped their target price on Murphy USA and gave the company a “market perform” rating in a research report on Thursday, January 4th. Stephens set a $85.00 target price on Murphy USA and gave the company a “hold” rating in a research report on Tuesday, January 16th. Zacks Investment Research downgraded Murphy USA from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Finally, Jefferies Group reiterated a “buy” rating and set a $98.00 target price on shares of Murphy USA in a research report on Monday, January 8th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $93.25.
Murphy USA Profile
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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