Barclays PLC boosted its position in Murphy USA Inc. (NYSE:MUSA – Free Report) by 19.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 28,672 shares of the specialty retailer’s stock after acquiring an additional 4,624 shares during the period. Barclays PLC owned about 0.13% of Murphy USA worth $7,398,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of MUSA. BlackRock Inc. grew its stake in shares of Murphy USA by 1.4% during the 1st quarter. BlackRock Inc. now owns 2,670,297 shares of the specialty retailer’s stock valued at $533,953,000 after buying an additional 35,610 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Murphy USA by 4.2% during the 4th quarter. Renaissance Technologies LLC now owns 538,200 shares of the specialty retailer’s stock valued at $150,448,000 after acquiring an additional 21,600 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Murphy USA by 18.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 462,016 shares of the specialty retailer’s stock valued at $129,152,000 after acquiring an additional 70,813 shares in the last quarter. River Road Asset Management LLC lifted its holdings in shares of Murphy USA by 49.1% during the 1st quarter. River Road Asset Management LLC now owns 441,007 shares of the specialty retailer’s stock valued at $113,802,000 after acquiring an additional 145,265 shares in the last quarter. Finally, Morgan Stanley lifted its holdings in shares of Murphy USA by 76.4% during the 4th quarter. Morgan Stanley now owns 379,886 shares of the specialty retailer’s stock valued at $106,194,000 after acquiring an additional 164,519 shares in the last quarter. 85.01% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Murphy USA
In related news, SVP Christopher A. Click sold 700 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $302.31, for a total transaction of $211,617.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, SVP Christopher A. Click sold 700 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $302.31, for a total transaction of $211,617.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Robert J. Chumley sold 1,075 shares of the business’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $277.72, for a total transaction of $298,549.00. Following the sale, the senior vice president now directly owns 6,661 shares of the company’s stock, valued at approximately $1,849,892.92. The disclosure for this sale can be found here. Insiders own 9.47% of the company’s stock.
Murphy USA Price Performance
MUSA opened at $307.96 on Thursday. The company has a 50-day moving average of $300.76 and a 200-day moving average of $278.19. The company has a market capitalization of $6.61 billion, a P/E ratio of 12.17 and a beta of 0.81. Murphy USA Inc. has a 1-year low of $231.65 and a 1-year high of $323.40. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.51 and a current ratio of 0.94.
Murphy USA (NYSE:MUSA – Get Free Report) last released its earnings results on Wednesday, August 2nd. The specialty retailer reported $6.02 earnings per share for the quarter, missing the consensus estimate of $6.09 by ($0.07). The company had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.61 billion. Murphy USA had a return on equity of 80.20% and a net margin of 2.59%. Equities analysts expect that Murphy USA Inc. will post 20.98 EPS for the current fiscal year.
Analysts Set New Price Targets
MUSA has been the topic of several recent research reports. Stephens restated an “overweight” rating and set a $370.00 target price on shares of Murphy USA in a report on Thursday, August 3rd. StockNews.com lowered shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Tuesday. Wells Fargo & Company boosted their price objective on shares of Murphy USA from $325.00 to $330.00 in a report on Thursday, May 4th. Finally, Royal Bank of Canada cut their price objective on shares of Murphy USA from $362.00 to $360.00 and set a “sector perform” rating on the stock in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Murphy USA currently has a consensus rating of “Hold” and an average target price of $318.60.
View Our Latest Research Report on MUSA
Murphy USA Profile
Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States. The company was founded in 1996 and is headquartered in El Dorado, Arkansas.
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