Stephens Inc. AR Boosts Stake in Murphy USA Inc (NYSE:MUSA)

Stephens Inc. AR grew its position in shares of Murphy USA Inc (NYSE:MUSA) by 20.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 7,349 shares of the specialty retailer’s stock after acquiring an additional 1,249 shares during the period. Stephens Inc. AR’s holdings in Murphy USA were worth $618,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MUSA. Investors Research Corp bought a new stake in shares of Murphy USA in the 1st quarter worth approximately $55,000. Advisor Group Inc. lifted its position in Murphy USA by 61.2% in the 2nd quarter. Advisor Group Inc. now owns 851 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 323 shares in the last quarter. Cerebellum GP LLC lifted its position in Murphy USA by 1,741.3% in the 2nd quarter. Cerebellum GP LLC now owns 1,915 shares of the specialty retailer’s stock valued at $161,000 after acquiring an additional 1,811 shares in the last quarter. GHP Investment Advisors Inc. bought a new position in Murphy USA in the 1st quarter valued at approximately $215,000. Finally, Dupont Capital Management Corp lifted its position in Murphy USA by 18.4% in the 2nd quarter. Dupont Capital Management Corp now owns 2,575 shares of the specialty retailer’s stock valued at $216,000 after acquiring an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 85.46% of the company’s stock.

Several equities analysts recently issued reports on MUSA shares. TheStreet raised Murphy USA from a “c+” rating to a “b+” rating in a research report on Wednesday, July 31st. Zacks Investment Research raised Murphy USA from a “hold” rating to a “buy” rating and set a $91.00 price objective on the stock in a research report on Monday, July 8th. Finally, ValuEngine raised Murphy USA from a “hold” rating to a “buy” rating in a research report on Thursday, August 15th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $84.00.

MUSA stock opened at $89.71 on Thursday. The stock has a market capitalization of $2.98 billion, a PE ratio of 16.58, a price-to-earnings-growth ratio of 5.73 and a beta of 0.74. Murphy USA Inc has a 12-month low of $69.98 and a 12-month high of $94.71. The company has a current ratio of 1.13, a quick ratio of 0.77 and a debt-to-equity ratio of 1.02. The stock’s 50 day simple moving average is $87.68 and its 200 day simple moving average is $83.19.

Murphy USA (NYSE:MUSA) last released its quarterly earnings results on Wednesday, July 31st. The specialty retailer reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.16 by ($0.15). The firm had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.56 billion. Murphy USA had a net margin of 1.13% and a return on equity of 20.38%. Murphy USA’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.58 earnings per share. On average, research analysts predict that Murphy USA Inc will post 4.07 earnings per share for the current year.

About Murphy USA

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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