Wilmington Savings Fund Society FSB decreased its holdings in shares of Murphy USA Inc. (NYSE:MUSA – Free Report) by 29.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 535 shares of the specialty retailer’s stock after selling 223 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Murphy USA were worth $268,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. V Square Quantitative Management LLC lifted its position in 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 buying an additional 21 shares during the period. Brown Lisle Cummings Inc. acquired a new position in shares of Murphy USA during the 4th quarter valued at about $50,000. Fortitude Family Office LLC lifted its holdings in shares of Murphy USA by 186.1% during the 4th quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock worth $52,000 after acquiring an additional 67 shares during the period. R Squared Ltd purchased a new stake in Murphy USA in the fourth quarter valued at approximately $55,000. Finally, Versant Capital Management Inc increased its position in Murphy USA by 348.4% during the fourth quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock worth $70,000 after purchasing an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 80.81% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently issued reports on MUSA. StockNews.com raised shares of Murphy USA from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Wells Fargo & Company dropped their price target on Murphy USA from $555.00 to $550.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Finally, Royal Bank of Canada boosted their target price on Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $510.80.
Murphy USA Trading Down 1.0 %
Shares of MUSA opened at $483.88 on Wednesday. Murphy USA Inc. has a 12 month low of $382.04 and a 12 month high of $561.08. The stock’s 50-day moving average is $505.89 and its two-hundred day moving average is $506.67. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.79 and a quick ratio of 0.41. The stock has a market cap of $9.80 billion, a PE ratio of 19.99 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%. Equities analysts forecast 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.
See Also
- Five stocks we like better than Murphy USA
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- META Stock: Insider Selling Ramps Up—What It Means for Investors
- Best Aerospace Stocks Investing
- 3 Chip Stocks Still Trading 50% Below Their 52-Week Highs
- 3 Warren Buffett Stocks to Buy Now
- U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?
Receive News & Ratings for Murphy USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murphy USA and related companies with MarketBeat.com's FREE daily email newsletter.