California Public Employees Retirement System cut its stake in shares of Murphy USA Inc (NYSE:MUSA) by 11.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 108,935 shares of the specialty retailer’s stock after selling 13,444 shares during the period. California Public Employees Retirement System owned about 0.33% of Murphy USA worth $7,930,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. ING Groep NV raised its position in shares of Murphy USA by 18.9% in the fourth quarter. ING Groep NV now owns 4,883 shares of the specialty retailer’s stock valued at $392,000 after buying an additional 777 shares during the last quarter. Reliance Trust Co. of Delaware raised its position in shares of Murphy USA by 20.6% in the fourth quarter. Reliance Trust Co. of Delaware now owns 4,579 shares of the specialty retailer’s stock valued at $368,000 after buying an additional 781 shares during the last quarter. Standard Life Aberdeen plc raised its position in shares of Murphy USA by 4.0% in the fourth quarter. Standard Life Aberdeen plc now owns 29,616 shares of the specialty retailer’s stock valued at $2,380,000 after buying an additional 1,126 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of Murphy USA by 657.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,561 shares of the specialty retailer’s stock valued at $126,000 after buying an additional 1,355 shares during the last quarter. Finally, King Luther Capital Management Corp raised its position in shares of Murphy USA by 6.8% in the first quarter. King Luther Capital Management Corp now owns 23,664 shares of the specialty retailer’s stock valued at $1,723,000 after buying an additional 1,500 shares during the last quarter. Institutional investors own 89.38% of the company’s stock.

Murphy USA opened at $77.34 on Wednesday, MarketBeat reports. Murphy USA Inc has a 12-month low of $61.05 and a 12-month high of $89.69. The stock has a market cap of $2.35 billion, a P/E ratio of 17.90, a PEG ratio of 2.59 and a beta of 0.93. The company has a quick ratio of 0.75, a current ratio of 1.04 and a debt-to-equity ratio of 1.21.

Murphy USA (NYSE:MUSA) last released its quarterly earnings data on Tuesday, May 1st. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.12). Murphy USA had a return on equity of 23.43% and a net margin of 2.20%. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.21 billion. equities research analysts predict that Murphy USA Inc will post 4.4 earnings per share for the current year.

MUSA has been the subject of a number of recent research reports. Stephens set a $65.00 target price on shares of Murphy USA and gave the company a “hold” rating in a research report on Wednesday, April 11th. ValuEngine cut shares of Murphy USA from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Jefferies Financial Group cut shares of Murphy USA from a “buy” rating to a “hold” rating and set a $73.00 target price for the company. in a research report on Friday, April 13th. Finally, Zacks Investment Research cut shares of Murphy USA from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Two analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Murphy USA currently has a consensus rating of “Hold” and an average price target of $82.00.

In other news, Director Robert Madison Murphy acquired 7,450 shares of the business’s stock in a transaction that occurred on Friday, May 4th. The stock was purchased at an average cost of $67.02 per share, for a total transaction of $499,299.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 8.14% of the stock is currently owned by company insiders.

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 January 31, 2018, the company operated approximately 1,446 retail stores located primarily in the Southwest, Southeast, and Midwest United States.

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

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