Invictus RG acquired a new stake in shares of Murphy USA Inc (NYSE:MUSA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,343 shares of the specialty retailer’s stock, valued at approximately $286,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC increased its holdings in shares of Murphy USA by 28.0% during the 3rd quarter. Hsbc Holdings PLC now owns 3,694 shares of the specialty retailer’s stock valued at $316,000 after acquiring an additional 807 shares during the last quarter. Poehling Capital Management LLC grew its holdings in Murphy USA by 17.6% in the 3rd quarter. Poehling Capital Management LLC now owns 5,643 shares of the specialty retailer’s stock valued at $482,000 after buying an additional 845 shares during the last quarter. Group One Trading L.P. acquired a new stake in Murphy USA in the 3rd quarter valued at approximately $115,000. Strs Ohio grew its holdings in Murphy USA by 350.0% in the 3rd quarter. Strs Ohio now owns 1,800 shares of the specialty retailer’s stock valued at $153,000 after buying an additional 1,400 shares during the last quarter. Finally, Aperio Group LLC grew its holdings in Murphy USA by 11.0% in the 3rd quarter. Aperio Group LLC now owns 15,773 shares of the specialty retailer’s stock valued at $1,348,000 after buying an additional 1,564 shares during the last quarter. 89.26% of the stock is currently owned by institutional investors and hedge funds.
Separately, Jefferies Financial Group raised their target price on Murphy USA from $74.00 to $77.00 and gave the company a “hold” rating in a report on Tuesday, November 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $87.75.
MUSA opened at $73.54 on Friday. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 18.36, a price-to-earnings-growth ratio of 4.73 and a beta of 0.93. The company has a current ratio of 1.00, a quick ratio of 0.60 and a debt-to-equity ratio of 1.16. Murphy USA Inc has a 12-month low of $61.05 and a 12-month high of $89.69.
Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, October 31st. The specialty retailer reported $1.38 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.49 by ($0.11). The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.62 billion. Murphy USA had a net margin of 1.83% and a return on equity of 19.13%. The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period last year, the business earned $1.90 EPS. Research analysts expect that Murphy USA Inc will post 4.4 EPS for the current fiscal year.
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Murphy USA Company Profile
Murphy USA Inc operates a chain of retail stores in the United States. The company's retail stores offer motor fuel products and convenience merchandise. It operates retail stores under the Murphy USA and Murphy Express brand names. As of January 31, 2018, the company operated approximately 1,446 retail stores located primarily in the Southwest, Southeast, and Midwest United States.
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