Nisa Investment Advisors LLC maintained its position in Murphy USA Inc. (NYSE:MUSA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,650 shares of the specialty retailer’s stock at the end of the second quarter. Nisa Investment Advisors LLC owned approximately 0.07% of Murphy USA worth $1,821,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of MUSA. Fifth Third Bancorp boosted its stake in shares of 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 buying an additional 441 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of Murphy USA during the fourth quarter valued at $211,000. Public Employees Retirement System of Ohio boosted its stake in Murphy USA by 4.4% in the first quarter. Public Employees Retirement System of Ohio now owns 26,959 shares of the specialty retailer’s stock valued at $1,979,000 after buying an additional 1,147 shares in the last quarter. Norges Bank acquired a new stake in Murphy USA during the fourth quarter valued at approximately $19,206,000. Finally, King Luther Capital Management Corp boosted its stake in Murphy USA by 5.1% in the first quarter. King Luther Capital Management Corp now owns 22,164 shares of the specialty retailer’s stock valued at $1,627,000 after buying an additional 1,080 shares in the last quarter. Hedge funds and other institutional investors own 97.92% of the company’s stock.
Shares of Murphy USA Inc. (NYSE:MUSA) opened at 65.89 on Friday. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 17.57 and a beta of 0.68. Murphy USA Inc. has a 52 week low of $57.13 and a 52 week high of $79.98. The firm has a 50 day moving average price of $72.12 and a 200 day moving average price of $69.66.
Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.42. Murphy USA had a return on equity of 20.19% and a net margin of 1.15%. The business had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.27 billion. During the same quarter in the prior year, the business posted $1.17 EPS. Murphy USA’s revenue for the quarter was up 6.9% compared to the same quarter last year. Equities analysts forecast that Murphy USA Inc. will post $3.76 EPS for the current year.
A number of equities research analysts have commented on MUSA shares. BidaskClub cut Murphy USA from a “hold” rating to a “sell” rating in a research note on Thursday. Jefferies Group LLC set a $86.00 price objective on Murphy USA and gave the company a “buy” rating in a research note on Friday, August 4th. Stephens cut Murphy USA from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 4th. Zacks Investment Research lowered Murphy USA from a “buy” rating to a “hold” rating in a report on Tuesday, July 18th. Finally, William Blair initiated coverage on Murphy USA in a report on Wednesday, July 12th. They issued a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $83.25.
In other news, SVP John A. Moore sold 1,030 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $71.46, for a total transaction of $73,603.80. Following the completion of the transaction, the senior vice president now owns 18,169 shares in the company, valued at $1,298,356.74. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 7.30% of the company’s stock.
Murphy USA Company Profile
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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