California State Teachers Retirement System lessened its stake in shares of Murphy USA Inc (NYSE:MUSA) by 3.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 61,406 shares of the specialty retailer’s stock after selling 2,117 shares during the period. California State Teachers Retirement System owned about 0.18% of Murphy USA worth $4,237,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC lifted its position in shares of Murphy USA by 1,343.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock valued at $107,000 after acquiring an additional 1,343 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Murphy USA by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 2,624 shares of the specialty retailer’s stock valued at $194,000 after acquiring an additional 392 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Murphy USA during the 3rd quarter valued at $208,000. Raymond James Trust N.A. lifted its position in shares of Murphy USA by 12.9% during the 2nd quarter. Raymond James Trust N.A. now owns 3,701 shares of the specialty retailer’s stock valued at $274,000 after acquiring an additional 423 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its position in shares of Murphy USA by 1.2% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 4,225 shares of the specialty retailer’s stock valued at $314,000 after acquiring an additional 52 shares during the last quarter. Institutional investors own 95.35% of the company’s stock.

MUSA has been the subject of a number of recent research reports. BidaskClub upgraded Murphy USA from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 14th. Zacks Investment Research lowered Murphy USA from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. JPMorgan Chase & Co. lowered Murphy USA from a “neutral” rating to an “underweight” rating in a report on Tuesday, November 7th. ValuEngine upgraded Murphy USA from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Finally, Wells Fargo & Co increased their target price on Murphy USA and gave the company a “market perform” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. Murphy USA currently has an average rating of “Hold” and a consensus target price of $84.50.

Shares of Murphy USA Inc (MUSA) opened at $83.76 on Friday. The stock has a market capitalization of $2,816.05, a price-to-earnings ratio of 18.74, a PEG ratio of 1.42 and a beta of 0.76. Murphy USA Inc has a 1-year low of $60.44 and a 1-year high of $84.79. The company has a quick ratio of 0.77, a current ratio of 1.18 and a debt-to-equity ratio of 1.30.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.56. The company had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.43 billion. Murphy USA had a return on equity of 24.19% and a net margin of 1.31%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.16 earnings per share. sell-side analysts expect that Murphy USA Inc will post 4.28 EPS for the current fiscal year.

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Murphy USA Profile

Murphy USA Inc is engaged in the marketing of retail motor fuel products and merchandise through a chain of retail stores. The Company operates through the Marketing segment. The Marketing segment includes its retail marketing sites and product supply, and wholesale assets. As of December 31, 2016, its retail stores were located in 26 states, primarily in the Southwest, Southeast and Midwest the United States.

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

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