Murphy USA Inc. (MUSA) Holdings Trimmed by BB&T Securities LLC
BB&T Securities LLC trimmed its position in Murphy USA Inc. (NYSE:MUSA) by 5.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,405 shares of the specialty retailer’s stock after selling 1,426 shares during the quarter. BB&T Securities LLC owned about 0.07% of Murphy USA worth $1,683,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of MUSA. Iridian Asset Management LLC CT boosted its holdings in Murphy USA by 79.5% in the 2nd quarter. Iridian Asset Management LLC CT now owns 2,202,973 shares of the specialty retailer’s stock valued at $163,262,000 after purchasing an additional 975,880 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Murphy USA by 31.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,596,956 shares of the specialty retailer’s stock valued at $110,110,000 after purchasing an additional 379,971 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in Murphy USA in the 2nd quarter valued at about $10,500,000. Prudential Financial Inc. boosted its holdings in Murphy USA by 481.2% in the 3rd quarter. Prudential Financial Inc. now owns 131,593 shares of the specialty retailer’s stock valued at $9,080,000 after purchasing an additional 108,950 shares during the last quarter. Finally, Becker Capital Management Inc. boosted its holdings in Murphy USA by 23.8% in the 3rd quarter. Becker Capital Management Inc. now owns 263,496 shares of the specialty retailer’s stock valued at $18,181,000 after purchasing an additional 50,740 shares during the last quarter. Institutional investors own 95.48% of the company’s stock.
Shares of Murphy USA Inc. (MUSA) traded up $0.23 during mid-day trading on Thursday, hitting $79.51. 232,300 shares of the stock traded hands, compared to its average volume of 460,499. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.77 and a current ratio of 1.18. Murphy USA Inc. has a 52-week low of $60.44 and a 52-week high of $81.30. The firm has a market cap of $2,758.64, a price-to-earnings ratio of 17.74, a P/E/G ratio of 1.43 and a beta of 0.76.
Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, November 1st. The specialty retailer reported $1.90 EPS for the quarter, topping the consensus estimate of $1.34 by $0.56. Murphy USA had a net margin of 1.31% and a return on equity of 24.19%. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same period in the prior year, the business posted $1.16 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. analysts forecast that Murphy USA Inc. will post 4.28 EPS for the current fiscal year.
Several equities analysts have weighed in on the stock. ValuEngine lowered shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Saturday, November 25th. BidaskClub upgraded shares of Murphy USA from a “strong sell” rating to a “sell” rating in a report on Thursday, September 14th. Zacks Investment Research lowered shares of Murphy USA from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. Finally, J P Morgan Chase & Co lowered shares of Murphy USA from a “neutral” rating to an “underweight” rating in a report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $84.50.
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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.
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