Murphy USA Inc. (NYSE:MUSA) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Thursday.

A number of other equities research analysts also recently weighed in on the stock. Jefferies Group LLC set a $86.00 price target on shares of Murphy USA and gave the stock a “buy” rating in a research note on Friday, August 4th. Stephens downgraded shares of Murphy USA from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 4th. Zacks Investment Research downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, William Blair assumed coverage on shares of Murphy USA in a research note on Wednesday, July 12th. They set a “market perform” rating for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Murphy USA has a consensus rating of “Hold” and an average price target of $83.25.

Murphy USA (NYSE MUSA) traded up 0.16% on Thursday, reaching $67.72. 44,410 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $68.95 and its 200 day moving average price is $69.75. The firm has a market capitalization of $2.44 billion, a PE ratio of 18.06 and a beta of 0.71. Murphy USA has a 52-week low of $57.13 and a 52-week high of $79.98.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings results on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.42. The business had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.27 billion. Murphy USA had a net margin of 1.15% and a return on equity of 20.19%. Murphy USA’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.17 earnings per share. On average, analysts predict that Murphy USA will post $3.70 EPS for the current fiscal year.

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In other news, EVP Daryl R. Schofield bought 3,000 shares of the stock in a transaction on Thursday, August 17th. The stock was purchased at an average price of $66.00 per share, with a total value of $198,000.00. Following the completion of the purchase, the executive vice president now owns 3,000 shares of the company’s stock, valued at $198,000. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP John A. Moore sold 1,030 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $71.46, for a total transaction of $73,603.80. Following the completion of the sale, the senior vice president now directly owns 18,169 shares of the company’s stock, valued at approximately $1,298,356.74. The disclosure for this sale can be found here. 7.30% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of MUSA. Tower Research Capital LLC TRC increased its stake in Murphy USA by 1,343.0% in the second 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 in the last quarter. Fifth Third Bancorp increased its stake in Murphy USA by 29.3% in the first quarter. Fifth Third Bancorp now owns 1,945 shares of the specialty retailer’s stock valued at $143,000 after purchasing an additional 441 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in Murphy USA by 8.0% in the first quarter. Nomura Asset Management Co. Ltd. now owns 2,160 shares of the specialty retailer’s stock valued at $159,000 after purchasing an additional 160 shares in the last quarter. Victory Capital Management Inc. increased its stake in Murphy USA by 49.0% in the first quarter. Victory Capital Management Inc. now owns 2,232 shares of the specialty retailer’s stock valued at $164,000 after purchasing an additional 734 shares in the last quarter. Finally, LS Investment Advisors LLC boosted its holdings in shares of Murphy USA by 13.4% in the second quarter. LS Investment Advisors LLC now owns 2,896 shares of the specialty retailer’s stock valued at $215,000 after buying an additional 343 shares during the period. 97.47% of the stock is owned by hedge funds and other institutional investors.

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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