Yousif Capital Management LLC lessened its position in shares of Murphy USA Inc. (NYSE:MUSA – Free Report) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,883 shares of the specialty retailer’s stock after selling 272 shares during the quarter. Yousif Capital Management LLC’s holdings in Murphy USA were worth $2,450,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the company. V Square Quantitative Management LLC lifted its holdings in shares of Murphy USA by 40.4% during the third quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 21 shares during the period. Brown Lisle Cummings Inc. purchased a new position in Murphy USA during the 4th quarter worth approximately $50,000. Fortitude Family Office LLC lifted its stake in Murphy USA by 186.1% during the 4th quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock valued at $52,000 after acquiring an additional 67 shares during the period. R Squared Ltd purchased a new stake in shares of Murphy USA in the 4th quarter valued at $55,000. Finally, Versant Capital Management Inc increased its stake in shares of Murphy USA by 348.4% in the fourth quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock worth $70,000 after acquiring an additional 108 shares during the period. 80.81% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
MUSA has been the subject of a number of research reports. StockNews.com upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a research report on Friday. Royal Bank of Canada boosted their price objective on Murphy USA from $550.00 to $554.00 and gave the company a “sector perform” rating in a report on Thursday. Finally, Wells Fargo & Company dropped their target price on Murphy USA from $555.00 to $550.00 and set an “overweight” rating on the stock in a report on Friday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $510.80.
Murphy USA Trading Down 4.1 %
Shares of Murphy USA stock opened at $478.80 on Monday. The firm has a 50-day simple moving average of $508.11 and a two-hundred day simple moving average of $506.94. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.41 and a current ratio of 0.79. Murphy USA Inc. has a fifty-two week low of $371.30 and a fifty-two week high of $561.08. The company has a market cap of $9.70 billion, a P/E ratio of 19.79 and a beta of 0.79.
Murphy USA (NYSE:MUSA – Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share for the quarter, topping analysts’ consensus estimates of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. As a group, equities analysts predict that Murphy USA Inc. will post 26.47 earnings per share for the current fiscal year.
About Murphy USA
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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