Murphy USA Inc (NYSE:MUSA) Shares Sold by Mackay Shields LLC

Mackay Shields LLC lessened its stake in Murphy USA Inc (NYSE:MUSA) by 7.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,246 shares of the specialty retailer’s stock after selling 4,200 shares during the period. Mackay Shields LLC owned 0.16% of Murphy USA worth $4,457,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MUSA. Texas Permanent School Fund increased its position in Murphy USA by 0.7% during the 3rd quarter. Texas Permanent School Fund now owns 20,454 shares of the specialty retailer’s stock worth $1,745,000 after purchasing an additional 149 shares during the period. Retirement Systems of Alabama increased its position in Murphy USA by 0.4% during the 3rd quarter. Retirement Systems of Alabama now owns 39,065 shares of the specialty retailer’s stock worth $3,332,000 after purchasing an additional 151 shares during the period. Arizona State Retirement System increased its position in Murphy USA by 0.8% during the 2nd quarter. Arizona State Retirement System now owns 21,714 shares of the specialty retailer’s stock worth $1,825,000 after purchasing an additional 170 shares during the period. Oregon Public Employees Retirement Fund increased its position in Murphy USA by 1.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 12,018 shares of the specialty retailer’s stock worth $1,010,000 after purchasing an additional 172 shares during the period. Finally, Private Capital Group LLC increased its position in Murphy USA by 76.2% during the 2nd quarter. Private Capital Group LLC now owns 460 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 199 shares during the period. Hedge funds and other institutional investors own 85.23% of the company’s stock.

A number of equities research analysts recently weighed in on the company. TheStreet upgraded Murphy USA from a “c+” rating to a “b+” rating in a report on Wednesday, July 31st. Stephens upgraded Murphy USA from an “equal” rating to an “overweight” rating and upped their price target for the stock from $92.00 to $100.00 in a report on Tuesday, October 15th. Wells Fargo & Co upped their price target on Murphy USA from $80.00 to $87.00 and gave the stock a “market perform” rating in a report on Wednesday, October 23rd. Finally, ValuEngine cut Murphy USA from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $92.67.

Shares of MUSA traded down $0.58 on Friday, reaching $115.66. The stock had a trading volume of 405,743 shares, compared to its average volume of 352,195. The firm has a market capitalization of $3.68 billion, a PE ratio of 21.38, a PEG ratio of 6.72 and a beta of 0.74. The company has a quick ratio of 0.83, a current ratio of 1.29 and a debt-to-equity ratio of 1.24. The firm has a 50-day moving average of $93.07 and a 200 day moving average of $87.73. Murphy USA Inc has a twelve month low of $69.98 and a twelve month high of $121.12.

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 December 31, 2018, the company operated approximately 1,474 retail stores, including 1,160 Murphy USA and 312 are standalone Murphy Express stores located primarily in the Southwest, Southeast, and Midwest United States.

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

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