Wells Fargo & Company MN decreased its position in shares of Murphy USA Inc (NYSE:MUSA) by 7.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 109,661 shares of the specialty retailer’s stock after selling 9,016 shares during the quarter. Wells Fargo & Company MN owned about 0.34% of Murphy USA worth $9,215,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. raised its stake in shares of Murphy USA by 2.4% during the 1st quarter. BlackRock Inc. now owns 3,569,003 shares of the specialty retailer’s stock worth $305,578,000 after purchasing an additional 84,919 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Murphy USA by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,201,329 shares of the specialty retailer’s stock worth $92,068,000 after purchasing an additional 10,302 shares in the last quarter. FMR LLC grew its holdings in shares of Murphy USA by 92.3% during the first quarter. FMR LLC now owns 975,626 shares of the specialty retailer’s stock worth $83,532,000 after purchasing an additional 468,295 shares in the last quarter. Geode Capital Management LLC boosted its stake in Murphy USA by 9.8% in the fourth quarter. Geode Capital Management LLC now owns 329,161 shares of the specialty retailer’s stock worth $25,226,000 after buying an additional 29,309 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in Murphy USA by 5.0% in the first quarter. Parametric Portfolio Associates LLC now owns 163,491 shares of the specialty retailer’s stock worth $13,998,000 after buying an additional 7,754 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

A number of research firms have recently weighed in on MUSA. ValuEngine lowered Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Zacks Investment Research upgraded Murphy USA from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a report on Monday, July 8th. Finally, TheStreet raised Murphy USA from a “c+” rating to a “b+” rating in a research note on Wednesday, July 31st. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $84.00.

Shares of NYSE MUSA traded down $0.60 during trading on Friday, reaching $90.32. The company had a trading volume of 4,606 shares, compared to its average volume of 321,473. Murphy USA Inc has a 12-month low of $69.98 and a 12-month high of $94.71. The stock has a market cap of $2.83 billion, a PE ratio of 16.75, a P/E/G ratio of 5.49 and a beta of 0.71. The business’s 50-day moving average is $89.19 and its 200 day moving average is $84.56. The company has a quick ratio of 0.77, a current ratio of 1.13 and a debt-to-equity ratio of 1.02.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, July 31st. The specialty retailer reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.15). Murphy USA had a return on equity of 20.38% and a net margin of 1.13%. The company had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $3.56 billion. During the same period in the prior year, the company posted $1.58 earnings per share. The company’s revenue was down .8% on a year-over-year basis. On average, analysts anticipate that Murphy USA Inc will post 4.03 earnings per share for the current year.

Murphy USA Profile

Murphy USA Inc operates a chain of retail stores in the United States. The company's retail stores offer motor fuel products and convenience merchandise. It operates retail stores under the Murphy USA and Murphy Express brand names. As of December 31, 2018, the company operated approximately 1,474 retail stores, including 1,160 Murphy USA and 312 are standalone Murphy Express stores located primarily in the Southwest, Southeast, and Midwest United States.

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

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