Murphy USA Inc. (MUSA) Stake Lifted by New York State Common Retirement Fund

New York State Common Retirement Fund lifted its holdings in Murphy USA Inc. (NYSE:MUSA) by 4.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,417 shares of the specialty retailer’s stock after acquiring an additional 6,606 shares during the quarter. New York State Common Retirement Fund owned approximately 0.49% of Murphy USA worth $11,828,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MUSA. Tower Research Capital LLC TRC raised its position in Murphy USA by 1,343.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock worth $107,000 after purchasing an additional 1,343 shares during the last quarter. Victory Capital Management Inc. raised its position in Murphy USA by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 2,624 shares of the specialty retailer’s stock worth $194,000 after purchasing an additional 392 shares during the last quarter. Raymond James Trust N.A. raised its position in Murphy USA by 12.9% in the 2nd quarter. Raymond James Trust N.A. now owns 3,701 shares of the specialty retailer’s stock worth $274,000 after purchasing an additional 423 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Murphy USA by 1.2% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 4,225 shares of the specialty retailer’s stock worth $314,000 after purchasing an additional 52 shares during the last quarter. Finally, Howe & Rusling Inc. raised its position in Murphy USA by 13.4% in the 3rd quarter. Howe & Rusling Inc. now owns 6,025 shares of the specialty retailer’s stock worth $416,000 after purchasing an additional 714 shares during the last quarter. 95.35% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently weighed in on MUSA shares. Zacks Investment Research cut shares of Murphy USA from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. BidaskClub cut shares of Murphy USA from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 2nd. ValuEngine upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Finally, J P Morgan Chase & Co cut shares of Murphy USA from a “neutral” rating to an “underweight” rating in a research report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $84.50.

Shares of Murphy USA Inc. (NYSE MUSA) opened at $79.05 on Wednesday. The company has a market cap of $2,656.34, a price-to-earnings ratio of 17.08, a price-to-earnings-growth ratio of 1.37 and a beta of 0.76. Murphy USA Inc. has a 1 year low of $60.44 and a 1 year high of $81.30. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 1.30.

Murphy USA (NYSE:MUSA) last issued its earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 EPS for the quarter, beating the consensus estimate of $1.34 by $0.56. The company had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.43 billion. Murphy USA had a net margin of 1.31% and a return on equity of 24.19%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.16 EPS. equities research analysts forecast that Murphy USA Inc. will post 4.28 earnings per share for the current fiscal year.

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Murphy USA Company 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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Institutional Ownership by Quarter for Murphy USA (NYSE:MUSA)

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