Applied Capital LLC FL grew its stake in shares of Murphy USA Inc. (NYSE:MUSA – Free Report) by 8.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 526 shares of the specialty retailer’s stock after purchasing an additional 41 shares during the quarter. Applied Capital LLC FL’s holdings in Murphy USA were worth $264,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of MUSA. V Square Quantitative Management LLC increased its stake in Murphy USA by 40.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock valued at $36,000 after purchasing an additional 21 shares in the last quarter. Fortitude Family Office LLC grew its holdings in shares of Murphy USA by 186.1% during the fourth quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock valued at $52,000 after buying an additional 67 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Murphy USA by 348.4% during the fourth quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock valued at $70,000 after buying an additional 108 shares during the last quarter. Key Financial Inc increased its position in shares of Murphy USA by 942.9% in the 3rd quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 132 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in Murphy USA in the 2nd quarter worth $94,000. 80.81% of the stock is owned by hedge funds and other institutional investors.
Murphy USA Trading Down 1.1 %
NYSE MUSA opened at $476.54 on Friday. Murphy USA Inc. has a 1 year low of $350.55 and a 1 year high of $561.08. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.80 and a quick ratio of 0.41. The company has a market capitalization of $9.65 billion, a PE ratio of 19.66 and a beta of 0.80. The company has a fifty day moving average of $516.39 and a 200 day moving average of $506.33.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Murphy USA from a “hold” rating to a “buy” rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $509.40.
Get Our Latest Report on Murphy USA
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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