Brown Advisory Inc. decreased its stake in shares of Murphy USA Inc (NYSE:MUSA) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 373,696 shares of the specialty retailer’s stock after selling 9,459 shares during the period. Brown Advisory Inc. owned 1.16% of Murphy USA worth $31,936,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of MUSA. BlackRock Inc. increased its position in Murphy USA by 26.7% during the second quarter. BlackRock Inc. now owns 3,461,833 shares of the specialty retailer’s stock worth $257,179,000 after purchasing an additional 729,948 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Murphy USA by 956.1% in the third quarter. Alliancebernstein L.P. now owns 449,854 shares of the specialty retailer’s stock worth $38,445,000 after acquiring an additional 407,257 shares in the last quarter. Hennessy Advisors Inc. acquired a new stake in shares of Murphy USA in the third quarter worth $28,159,000. Northern Trust Corp increased its position in shares of Murphy USA by 63.8% in the second quarter. Northern Trust Corp now owns 500,409 shares of the specialty retailer’s stock worth $37,175,000 after acquiring an additional 194,985 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its position in shares of Murphy USA by 134.9% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 325,516 shares of the specialty retailer’s stock worth $24,183,000 after acquiring an additional 186,916 shares in the last quarter. 92.00% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have recently issued reports on MUSA shares. Jefferies Financial Group reissued a “hold” rating and issued a $78.00 price objective on shares of Murphy USA in a research report on Friday, August 3rd. Stephens set a $84.00 price objective on shares of Murphy USA and gave the stock a “hold” rating in a research report on Friday, August 3rd. Finally, ValuEngine raised shares of Murphy USA from a “hold” rating to a “buy” rating in a research report on Wednesday, August 8th. One investment 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. The company presently has a consensus rating of “Hold” and an average price target of $87.75.
Murphy USA stock opened at $81.15 on Friday. Murphy USA Inc has a 52-week low of $61.05 and a 52-week high of $89.69. The firm has a market capitalization of $2.65 billion, a PE ratio of 18.78, a price-to-earnings-growth ratio of 5.08 and a beta of 0.97. The company has a quick ratio of 0.60, a current ratio of 1.00 and a debt-to-equity ratio of 1.16.
Murphy USA (NYSE:MUSA) last released its quarterly earnings data on Wednesday, October 31st. The specialty retailer reported $1.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.11). Murphy USA had a return on equity of 19.13% and a net margin of 1.83%. The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.62 billion. During the same period in the previous year, the company earned $1.90 EPS. Murphy USA’s revenue was up 17.0% on a year-over-year basis. Research analysts anticipate that Murphy USA Inc will post 4.45 EPS for the current fiscal year.
Murphy USA 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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