Measured Wealth Private Client Group LLC lifted its stake in Murphy USA Inc. (NYSE:MUSA – Free Report) by 2.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 967 shares of the specialty retailer’s stock after acquiring an additional 26 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Murphy USA were worth $485,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in the company. FMR LLC raised its holdings in Murphy USA by 6.0% in the 3rd quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer’s stock valued at $863,116,000 after acquiring an additional 99,253 shares in the last quarter. State Street Corp raised its stake in shares of Murphy USA by 1.5% in the third quarter. State Street Corp now owns 590,558 shares of the specialty retailer’s stock valued at $291,068,000 after purchasing an additional 8,507 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Murphy USA by 69.9% in the third quarter. JPMorgan Chase & Co. now owns 428,379 shares of the specialty retailer’s stock worth $211,135,000 after purchasing an additional 176,308 shares during the period. International Assets Investment Management LLC lifted its position in Murphy USA by 49,501.3% in the third quarter. International Assets Investment Management LLC now owns 388,874 shares of the specialty retailer’s stock worth $191,664,000 after purchasing an additional 388,090 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Murphy USA by 4.3% in the 3rd quarter. Geode Capital Management LLC now owns 388,271 shares of the specialty retailer’s stock valued at $191,407,000 after buying an additional 16,006 shares during the period. 80.81% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
MUSA has been the subject of a number of analyst reports. StockNews.com downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Royal Bank of Canada raised their price target on shares of Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Murphy USA has an average rating of “Hold” and a consensus target price of $512.80.
Murphy USA Stock Down 3.2 %
MUSA opened at $499.61 on Friday. The firm has a market cap of $10.12 billion, a price-to-earnings ratio of 20.61 and a beta of 0.79. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.41 and a current ratio of 0.80. The firm’s 50-day simple moving average is $509.52 and its 200-day simple moving average is $507.16. Murphy USA Inc. has a twelve month low of $361.74 and a twelve month high of $561.08.
Murphy USA (NYSE:MUSA – Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share for the quarter, topping the consensus estimate of $6.46 by $0.50. Murphy USA had a net margin of 2.48% and a return on equity of 62.73%. Equities research analysts anticipate that Murphy USA Inc. will post 23.62 EPS for the current fiscal year.
Murphy USA Company 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, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.
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