BidaskClub downgraded shares of Murphy USA Inc. (NYSE:MUSA) from a buy rating to a hold rating in a report published on Sunday.

Other equities analysts have also recently issued reports about the stock. Jefferies Group LLC reissued a buy rating and issued a $83.00 target price (up from $77.00) on shares of Murphy USA in a research note on Monday, July 17th. Stephens cut shares of Murphy USA from an overweight rating to an equal weight rating in a research report on Friday, August 4th. Zacks Investment Research raised shares of Murphy USA from a sell rating to a hold rating in a research report on Tuesday, April 18th. Wells Fargo & Company cut shares of Murphy USA from an outperform rating to a market perform rating in a research report on Tuesday, April 18th. Finally, William Blair started coverage on shares of Murphy USA in a research report on Wednesday, July 12th. They set a market perform rating for the company. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. Murphy USA has an average rating of Hold and a consensus target price of $83.25.

Shares of Murphy USA (NYSE MUSA) opened at 70.93 on Friday. Murphy USA has a 12-month low of $57.13 and a 12-month high of $79.98. The stock’s 50 day moving average is $73.09 and its 200-day moving average is $69.30. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 18.91 and a beta of 0.68.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.42. Murphy USA had a net margin of 1.15% and a return on equity of 20.19%. The business had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.27 billion. During the same period last year, the business earned $1.17 earnings per share. The firm’s revenue was up 6.9% on a year-over-year basis. On average, analysts anticipate that Murphy USA will post $3.72 EPS for the current fiscal year.

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Several large investors have recently bought and sold shares of MUSA. Sawgrass Asset Management LLC purchased a new stake in Murphy USA during the first quarter worth $278,000. First Citizens Bank & Trust Co. purchased a new stake in Murphy USA during the first quarter worth $220,000. Independent Portfolio Consultants Inc. increased its stake in Murphy USA by 43.9% in the first quarter. Independent Portfolio Consultants Inc. now owns 23,830 shares of the specialty retailer’s stock worth $1,750,000 after buying an additional 7,275 shares in the last quarter. Quantitative Systematic Strategies LLC purchased a new stake in Murphy USA during the first quarter worth $1,984,000. Finally, Reliance Trust Co. of Delaware purchased a new stake in Murphy USA during the first quarter worth $284,000. 97.90% of the stock is owned by institutional investors.

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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