Rhumbline Advisers reduced its stake in shares of Murphy USA Inc (NYSE:MUSA) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,638 shares of the specialty retailer’s stock after selling 1,394 shares during the quarter. Rhumbline Advisers owned about 0.19% of Murphy USA worth $5,182,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Strs Ohio increased its stake in Murphy USA by 350.0% in the third quarter. Strs Ohio now owns 1,800 shares of the specialty retailer’s stock valued at $153,000 after purchasing an additional 1,400 shares during the period. Aperio Group LLC increased its stake in Murphy USA by 11.0% in the third quarter. Aperio Group LLC now owns 15,773 shares of the specialty retailer’s stock valued at $1,348,000 after purchasing an additional 1,564 shares during the period. Public Employees Retirement System of Ohio increased its stake in Murphy USA by 14.5% in the second quarter. Public Employees Retirement System of Ohio now owns 15,978 shares of the specialty retailer’s stock valued at $1,187,000 after purchasing an additional 2,022 shares during the period. Itau Unibanco Holding S.A. acquired a new position in Murphy USA in the second quarter valued at $157,000. Finally, Ferguson Wellman Capital Management Inc. acquired a new position in Murphy USA in the third quarter valued at $213,000. Hedge funds and other institutional investors own 89.26% of the company’s stock.

Separately, Jefferies Financial Group lifted their price objective on shares of Murphy USA from $74.00 to $77.00 and gave the company a “hold” rating in a research note on Tuesday, November 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. Murphy USA has a consensus rating of “Hold” and a consensus target price of $87.75.

NYSE MUSA opened at $75.46 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.60 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 17.47, a price-to-earnings-growth ratio of 4.79 and a beta of 0.93. Murphy USA Inc has a one year low of $61.05 and a one year high of $89.69.

Murphy USA (NYSE:MUSA) last issued its earnings results on Wednesday, October 31st. The specialty retailer reported $1.38 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.49 by ($0.11). The firm had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.62 billion. Murphy USA had a net margin of 1.83% and a return on equity of 19.13%. The firm’s revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.90 EPS. Equities analysts anticipate that Murphy USA Inc will post 4.45 earnings per share for the current year.

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Murphy USA Company Profile

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.

See Also: Diversification

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

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