Teachers Retirement System of The State of Kentucky trimmed its holdings in shares of Murphy USA Inc. (NYSE:MUSA) by 6.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 9,190 shares of the specialty retailer’s stock after selling 600 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Murphy USA were worth $681,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Suntrust Banks Inc. lifted its holdings in shares of Murphy USA by 3.9% during the second quarter. Suntrust Banks Inc. now owns 8,617 shares of the specialty retailer’s stock valued at $638,000 after purchasing an additional 326 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of Murphy USA by 514.2% during the second quarter. Citigroup Inc. now owns 6,130 shares of the specialty retailer’s stock valued at $454,000 after purchasing an additional 5,132 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in shares of Murphy USA by 1.8% during the second quarter. UBS Asset Management Americas Inc. now owns 51,644 shares of the specialty retailer’s stock valued at $3,827,000 after purchasing an additional 891 shares during the last quarter. Quantitative Investment Management LLC purchased a new position in shares of Murphy USA during the second quarter valued at approximately $1,052,000. Finally, Mutual of America Capital Management LLC lifted its holdings in shares of Murphy USA by 2.1% during the second quarter. Mutual of America Capital Management LLC now owns 29,008 shares of the specialty retailer’s stock valued at $2,150,000 after purchasing an additional 604 shares during the last quarter. Hedge funds and other institutional investors own 97.29% of the company’s stock.

Several equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of Murphy USA from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Jefferies Group LLC reiterated a “buy” rating and set a $83.00 target price (up from $77.00) on shares of Murphy USA in a report on Monday, July 17th. Stephens lowered shares of Murphy USA from an “overweight” rating to an “equal weight” rating in a report on Friday, August 4th. William Blair assumed coverage on shares of Murphy USA in a report on Wednesday, July 12th. They set a “market perform” rating for the company. Finally, Zacks Investment Research lowered shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Tuesday, July 18th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $84.50.

Murphy USA Inc. (NYSE MUSA) opened at 73.55 on Monday. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 19.61 and a beta of 0.72. The stock’s 50 day moving average is $68.10 and its 200 day moving average is $69.95. Murphy USA Inc. has a 12-month low of $57.13 and a 12-month high of $79.98.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings results on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share for the quarter, topping 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 firm had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.27 billion. During the same quarter in the prior year, the company earned $1.17 EPS. The company’s revenue was up 6.9% compared to the same quarter last year. Equities analysts predict that Murphy USA Inc. will post $3.76 earnings per share for the current fiscal year.

In related news, SVP John A. Moore sold 1,030 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $71.46, for a total transaction of $73,603.80. Following the completion of the sale, the senior vice president now owns 18,169 shares of the company’s stock, valued at $1,298,356.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daryl R. Schofield bought 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The shares were purchased at an average cost of $66.00 per share, with a total value of $198,000.00. Following the transaction, the executive vice president now directly owns 3,000 shares of the company’s stock, valued at $198,000. The disclosure for this purchase can be found here. Corporate insiders own 7.30% of the company’s stock.

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

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