Murphy USA Inc. (NYSE:MUSA) has been given a consensus recommendation of “Hold” by the six brokerages that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $86.00.

MUSA has been the topic of a number of recent analyst reports. Jefferies Group LLC restated a “buy” rating and set a $83.00 price objective (up from $77.00) on shares of Murphy USA in a research note on Monday, July 17th. BidaskClub upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Stephens cut shares of Murphy USA from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 4th. Zacks Investment Research upgraded shares of Murphy USA from a “strong sell” rating to a “hold” rating and set a $83.00 price objective on the stock in a research note on Saturday, July 1st. Finally, William Blair initiated coverage on shares of Murphy USA in a research note on Wednesday, July 12th. They set a “market perform” rating on the stock.

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Shares of Murphy USA (MUSA) traded up 1.05% on Friday, hitting $69.36. 346,011 shares of the stock traded hands. The firm’s 50-day moving average is $73.00 and its 200 day moving average is $69.51. Murphy USA has a 12-month low of $57.13 and a 12-month high of $79.98. The firm has a market cap of $2.50 billion, a P/E ratio of 18.50 and a beta of 0.68.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.42. Murphy USA had a net margin of 1.15% and a return on equity of 20.19%. The business had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.27 billion. During the same period in the previous year, the business earned $1.17 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. Equities research analysts forecast that Murphy USA will post $3.76 EPS for the current fiscal year.

In other Murphy USA news, SVP John A. Moore sold 1,030 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $71.46, for a total value of $73,603.80. Following the sale, the senior vice president now directly owns 18,169 shares in the company, valued at $1,298,356.74. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 7.30% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of MUSA. BlackRock Inc. boosted its position in shares of Murphy USA by 10,259.5% in the first quarter. BlackRock Inc. now owns 3,001,041 shares of the specialty retailer’s stock worth $220,335,000 after buying an additional 2,972,072 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Murphy USA by 0.7% in the first quarter. Vanguard Group Inc. now owns 2,844,983 shares of the specialty retailer’s stock worth $208,879,000 after buying an additional 18,620 shares in the last quarter. Iridian Asset Management LLC CT boosted its position in shares of Murphy USA by 79.5% in the second quarter. Iridian Asset Management LLC CT now owns 2,202,973 shares of the specialty retailer’s stock worth $163,262,000 after buying an additional 975,880 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Murphy USA by 30.3% in the second quarter. JPMorgan Chase & Co. now owns 1,216,985 shares of the specialty retailer’s stock worth $90,192,000 after buying an additional 282,812 shares in the last quarter. Finally, River Road Asset Management LLC boosted its position in shares of Murphy USA by 33.4% in the first quarter. River Road Asset Management LLC now owns 752,967 shares of the specialty retailer’s stock worth $55,283,000 after buying an additional 188,648 shares in the last quarter. 97.90% of the stock is currently owned by hedge funds and other institutional investors.

About Murphy USA

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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