Chicago Equity Partners LLC cut its holdings in Murphy USA Inc (NYSE:MUSA) by 30.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,825 shares of the specialty retailer’s stock after selling 15,925 shares during the period. Chicago Equity Partners LLC owned approximately 0.11% of Murphy USA worth $2,746,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also bought and sold shares of the company. Financial Counselors Inc. raised its stake in Murphy USA by 57.3% in the fourth quarter. Financial Counselors Inc. now owns 5,490 shares of the specialty retailer’s stock worth $421,000 after buying an additional 2,000 shares in the last quarter. Dupont Capital Management Corp bought a new position in Murphy USA in the fourth quarter worth about $167,000. Rhumbline Advisers raised its stake in Murphy USA by 58.9% in the fourth quarter. Rhumbline Advisers now owns 96,372 shares of the specialty retailer’s stock worth $7,386,000 after buying an additional 35,734 shares in the last quarter. Horrell Capital Management Inc. raised its stake in Murphy USA by 0.9% in the fourth quarter. Horrell Capital Management Inc. now owns 31,029 shares of the specialty retailer’s stock worth $2,378,000 after buying an additional 283 shares in the last quarter. Finally, Arizona State Retirement System raised its stake in Murphy USA by 1.3% in the fourth quarter. Arizona State Retirement System now owns 21,521 shares of the specialty retailer’s stock worth $1,649,000 after buying an additional 274 shares in the last quarter. 88.63% of the stock is owned by hedge funds and other institutional investors.
MUSA stock opened at $75.14 on Thursday. Murphy USA Inc has a 1 year low of $61.05 and a 1 year high of $88.34. The stock has a market capitalization of $2.44 billion, a P/E ratio of 13.89, a P/E/G ratio of 4.24 and a beta of 0.75. The company has a quick ratio of 0.73, a current ratio of 1.19 and a debt-to-equity ratio of 1.04.
Murphy USA (NYSE:MUSA) last announced its earnings results on Wednesday, January 30th. The specialty retailer reported $2.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.64 by ($0.26). Murphy USA had a net margin of 1.49% and a return on equity of 24.36%. The business had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.48 billion. During the same period in the prior year, the business posted $3.58 EPS. Murphy USA’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, equities analysts anticipate that Murphy USA Inc will post 4.5 earnings per share for the current fiscal year.
MUSA has been the subject of a number of research reports. Jefferies Financial Group increased their price target on shares of Murphy USA from $74.00 to $77.00 and gave the stock a “hold” rating in a research note on Tuesday, November 6th. Zacks Investment Research downgraded shares of Murphy USA from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 3rd. ValuEngine downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Tuesday, January 29th. Finally, Gabelli reissued a “hold” rating on shares of Murphy USA in a research note on Friday, February 1st. Five research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and an average target price of $80.50.
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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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