SG Americas Securities LLC lifted its position in shares of Murphy USA Inc (NYSE:MUSA) by 44.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,509 shares of the specialty retailer’s stock after buying an additional 12,537 shares during the period. SG Americas Securities LLC owned approximately 0.13% of Murphy USA worth $3,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Russell Investments Group Ltd. increased its holdings in Murphy USA by 40.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 43,889 shares of the specialty retailer’s stock valued at $3,743,000 after purchasing an additional 12,675 shares during the last quarter. Texas Permanent School Fund increased its holdings in Murphy USA by 0.7% in the 3rd quarter. Texas Permanent School Fund now owns 20,454 shares of the specialty retailer’s stock valued at $1,745,000 after purchasing an additional 149 shares during the last quarter. California Public Employees Retirement System increased its holdings in Murphy USA by 6.7% in the 3rd quarter. California Public Employees Retirement System now owns 65,870 shares of the specialty retailer’s stock valued at $5,619,000 after purchasing an additional 4,136 shares during the last quarter. Hussman Strategic Advisors Inc. increased its holdings in Murphy USA by 1.4% in the 3rd quarter. Hussman Strategic Advisors Inc. now owns 35,500 shares of the specialty retailer’s stock valued at $3,028,000 after purchasing an additional 500 shares during the last quarter. Finally, State of Tennessee Treasury Department increased its holdings in Murphy USA by 4.4% in the 3rd quarter. State of Tennessee Treasury Department now owns 47,966 shares of the specialty retailer’s stock valued at $4,092,000 after purchasing an additional 2,012 shares during the last quarter. Hedge funds and other institutional investors own 88.63% of the company’s stock.

MUSA stock traded up $0.17 during midday trading on Tuesday, hitting $116.70. The company’s stock had a trading volume of 5,616 shares, compared to its average volume of 546,971. The company has a quick ratio of 0.83, a current ratio of 1.29 and a debt-to-equity ratio of 1.24. Murphy USA Inc has a 52-week low of $69.98 and a 52-week high of $121.12. The firm has a market capitalization of $3.59 billion, a P/E ratio of 21.58, a PEG ratio of 6.41 and a beta of 0.74. The firm has a 50-day simple moving average of $94.22 and a 200-day simple moving average of $88.07.

Several analysts recently weighed in on MUSA shares. ValuEngine downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Stephens upgraded shares of Murphy USA from an “equal” rating to an “overweight” rating and lifted their target price for the company from $92.00 to $100.00 in a report on Tuesday, October 15th. Wells Fargo & Co lifted their target price on shares of Murphy USA from $80.00 to $87.00 and gave the company a “market perform” rating in a report on Wednesday, October 23rd. Finally, TheStreet upgraded shares of Murphy USA from a “c+” rating to a “b+” rating in a report on Wednesday, July 31st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $92.67.

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 December 31, 2018, the company operated approximately 1,474 retail stores, including 1,160 Murphy USA and 312 are standalone Murphy Express stores located primarily in the Southwest, Southeast, and Midwest United States.

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

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