Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in shares of Murphy USA Inc. (NYSE:MUSA) by 0.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,630 shares of the specialty retailer’s stock after selling 16 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Murphy USA were worth $491,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NGAM Advisors L.P. raised its stake in Murphy USA by 6.0% in the second quarter. NGAM Advisors L.P. now owns 25,752 shares of the specialty retailer’s stock valued at $1,908,000 after buying an additional 1,462 shares during the last quarter. Fifth Third Bancorp raised its stake in Murphy USA by 29.3% in the first quarter. Fifth Third Bancorp now owns 1,945 shares of the specialty retailer’s stock valued at $143,000 after buying an additional 441 shares during the last quarter. Oppenheimer Asset Management Inc. raised its stake in Murphy USA by 4.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 78,126 shares of the specialty retailer’s stock valued at $5,790,000 after buying an additional 3,314 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in Murphy USA by 4.4% in the first quarter. Public Employees Retirement System of Ohio now owns 26,959 shares of the specialty retailer’s stock valued at $1,979,000 after buying an additional 1,147 shares during the last quarter. Finally, Virginia Retirement Systems ET AL raised its stake in Murphy USA by 6.5% in the second quarter. Virginia Retirement Systems ET AL now owns 37,900 shares of the specialty retailer’s stock valued at $2,809,000 after buying an additional 2,300 shares during the last quarter. Hedge funds and other institutional investors own 97.29% of the company’s stock.

MUSA has been the subject of a number of research analyst reports. Jefferies Group LLC reiterated a “buy” rating and issued a $83.00 price target (up from $77.00) on shares of Murphy USA in a research note on Monday, July 17th. BidaskClub upgraded Murphy USA from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Stephens cut Murphy USA from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 4th. Zacks Investment Research upgraded Murphy USA from a “strong sell” rating to a “hold” rating and set a $83.00 price target for the company in a research note on Saturday, July 1st. Finally, William Blair initiated coverage on Murphy USA in a research note on Wednesday, July 12th. They issued a “market perform” rating for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $84.00.

In other news, SVP John A. Moore sold 1,030 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $71.46, for a total value of $73,603.80. Following the completion of the sale, the senior vice president now directly owns 18,169 shares of the company’s stock, valued at approximately $1,298,356.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Daryl R. Schofield bought 3,000 shares of Murphy USA stock in a transaction dated Thursday, August 17th. The stock was purchased at an average cost of $66.00 per share, with a total value of $198,000.00. Following the completion of the acquisition, the executive vice president now directly owns 3,000 shares in the company, valued at approximately $198,000. The disclosure for this purchase can be found here. Corporate insiders own 7.30% of the company’s stock.

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Murphy USA Inc. (MUSA) opened at 66.93 on Thursday. Murphy USA Inc. has a 52 week low of $57.13 and a 52 week high of $79.98. The stock has a market capitalization of $2.41 billion, a PE ratio of 17.85 and a beta of 0.71. The stock has a 50 day moving average price of $67.67 and a 200 day moving average price of $69.79.

Murphy USA (NYSE:MUSA) last released its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.42. The business had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.27 billion. Murphy USA had a return on equity of 20.19% and a net margin of 1.15%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.17 EPS. Equities analysts forecast that Murphy USA Inc. will post $3.69 EPS for the current year.

Murphy USA Company 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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