Dimensional Fund Advisors LP lifted its position in shares of Murphy USA Inc. (NYSE:MUSA) by 2.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,148,891 shares of the specialty retailer’s stock after acquiring an additional 25,895 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.19% of Murphy USA worth $85,143,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NGAM Advisors L.P. grew its stake in shares of Murphy USA by 6.0% during the 2nd quarter. NGAM Advisors L.P. now owns 25,752 shares of the specialty retailer’s stock worth $1,908,000 after acquiring an additional 1,462 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of Murphy USA by 4.4% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 78,126 shares of the specialty retailer’s stock worth $5,790,000 after acquiring an additional 3,314 shares during the period. Fifth Third Bancorp grew its stake in shares of Murphy USA by 29.3% during the 1st quarter. Fifth Third Bancorp now owns 1,945 shares of the specialty retailer’s stock worth $143,000 after acquiring an additional 441 shares during the period. Virginia Retirement Systems ET AL grew its stake in shares of Murphy USA by 6.5% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 37,900 shares of the specialty retailer’s stock worth $2,809,000 after acquiring an additional 2,300 shares during the period. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Murphy USA by 4.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 26,959 shares of the specialty retailer’s stock worth $1,979,000 after acquiring an additional 1,147 shares during the period. Institutional investors own 97.29% of the company’s stock.

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

Shares of Murphy USA Inc. (NYSE:MUSA) opened at 71.68 on Friday. The company’s 50-day moving average price is $67.19 and its 200-day moving average price is $69.92. The stock has a market cap of $2.58 billion, a PE ratio of 19.11 and a beta of 0.72. Murphy USA Inc. has a one year low of $57.13 and a one year high of $79.98.

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

MUSA has been the subject of several research reports. BidaskClub upgraded Murphy USA from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Stephens increased their price target on Murphy USA from $76.00 to $83.00 and gave the stock an “overweight” rating in a research note on Friday, June 30th. William Blair initiated coverage on Murphy USA in a research note on Wednesday, July 12th. They set a “market perform” rating for the company. Jefferies Group LLC reiterated a “buy” rating and set a $83.00 price target (up previously from $77.00) on shares of Murphy USA in a research note on Monday, July 17th. Finally, Zacks Investment Research downgraded Murphy USA from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $84.50.

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.

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

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