Royce & Associates LP increased its position in shares of Murphy USA Inc. (NYSE:MUSA) by 10.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,000 shares of the specialty retailer’s stock after buying an additional 3,000 shares during the quarter. Royce & Associates LP owned 0.09% of Murphy USA worth $2,277,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in MUSA. Russell Investments Group Ltd. grew its position in Murphy USA by 37.2% during the second quarter. Russell Investments Group Ltd. now owns 13,686 shares of the specialty retailer’s stock worth $1,014,000 after buying an additional 3,708 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Murphy USA by 3.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 165,166 shares of the specialty retailer’s stock worth $12,241,000 after purchasing an additional 4,777 shares during the period. Arizona State Retirement System lifted its stake in Murphy USA by 1.4% during the second quarter. Arizona State Retirement System now owns 14,600 shares of the specialty retailer’s stock worth $1,082,000 after purchasing an additional 200 shares during the period. Legal & General Group Plc lifted its stake in Murphy USA by 1.6% during the second quarter. Legal & General Group Plc now owns 99,613 shares of the specialty retailer’s stock worth $7,377,000 after purchasing an additional 1,568 shares during the period. Finally, Comerica Bank lifted its stake in Murphy USA by 1.3% during the second quarter. Comerica Bank now owns 26,366 shares of the specialty retailer’s stock worth $1,941,000 after purchasing an additional 328 shares during the period. 95.35% of the stock is currently owned by institutional investors and hedge funds.

Murphy USA Inc. (MUSA) opened at $79.85 on Thursday. The company has a market cap of $2,750.64, a PE ratio of 17.68, a price-to-earnings-growth ratio of 1.42 and a beta of 0.76. 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 one year low of $60.44 and a one year high of $81.30.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.56. The firm had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.43 billion. Murphy USA had a net margin of 1.31% and a return on equity of 24.19%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.16 earnings per share. equities analysts expect that Murphy USA Inc. will post 4.28 EPS for the current year.

A number of research analysts have commented on the stock. BidaskClub cut shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. J P Morgan Chase & Co cut shares of Murphy USA from a “neutral” rating to an “underweight” rating in a research note on Tuesday, November 7th. Zacks Investment Research upgraded shares of Murphy USA from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Finally, ValuEngine cut shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th. 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. Murphy USA currently has a consensus rating of “Hold” and a consensus price target of $84.50.

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Murphy USA Company 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.

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

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