Mutual of America Capital Management LLC Has $5.58 Million Stock Position in Murphy USA Inc. (NYSE:MUSA)

Mutual of America Capital Management LLC decreased its holdings in shares of Murphy USA Inc. (NYSE:MUSAFree Report) by 27.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,330 shares of the specialty retailer’s stock after selling 6,074 shares during the quarter. Mutual of America Capital Management LLC owned about 0.08% of Murphy USA worth $5,580,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MUSA. Linden Thomas Advisory Services LLC raised its holdings in Murphy USA by 20.0% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 2,014 shares of the specialty retailer’s stock valued at $627,000 after acquiring an additional 336 shares in the last quarter. LSV Asset Management raised its holdings in Murphy USA by 3.4% in the 3rd quarter. LSV Asset Management now owns 87,730 shares of the specialty retailer’s stock valued at $29,980,000 after acquiring an additional 2,900 shares in the last quarter. California Public Employees Retirement System raised its holdings in Murphy USA by 4.6% in the 3rd quarter. California Public Employees Retirement System now owns 114,897 shares of the specialty retailer’s stock valued at $39,264,000 after acquiring an additional 5,007 shares in the last quarter. Ronald Blue Trust Inc. raised its holdings in Murphy USA by 156.9% in the 3rd quarter. Ronald Blue Trust Inc. now owns 465 shares of the specialty retailer’s stock valued at $145,000 after acquiring an additional 284 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new position in shares of Murphy USA in the 3rd quarter worth approximately $595,000. Institutional investors own 83.95% of the company’s stock.

Insider Buying and Selling

In related news, SVP Jennifer Bridges sold 2,268 shares of Murphy USA stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $365.41, for a total transaction of $828,749.88. Following the completion of the sale, the senior vice president now directly owns 2,850 shares of the company’s stock, valued at $1,041,418.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Murphy USA news, SVP Jennifer Bridges sold 2,268 shares of Murphy USA stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $365.41, for a total transaction of $828,749.88. Following the transaction, the senior vice president now directly owns 2,850 shares in the company, valued at $1,041,418.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CMO Renee M. Bacon sold 7,206 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $367.51, for a total value of $2,648,277.06. Following the completion of the sale, the chief marketing officer now owns 3,083 shares in the company, valued at $1,133,033.33. The disclosure for this sale can be found here. 9.47% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MUSA. Jefferies Financial Group raised Murphy USA from a “hold” rating to a “buy” rating and increased their target price for the stock from $375.00 to $425.00 in a report on Thursday, January 4th. Royal Bank of Canada increased their target price on Murphy USA from $382.00 to $408.00 and gave the stock a “sector perform” rating in a report on Thursday. Stephens reissued an “overweight” rating and issued a $425.00 target price on shares of Murphy USA in a report on Thursday. Wells Fargo & Company increased their target price on Murphy USA from $395.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday. Finally, The Goldman Sachs Group increased their target price on Murphy USA from $252.00 to $280.00 and gave the stock a “sell” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $395.60.

Get Our Latest Stock Analysis on Murphy USA

Murphy USA Stock Down 1.9 %

Shares of MUSA opened at $393.71 on Monday. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 15.43 and a beta of 0.74. The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.56 and a current ratio of 0.95. The business’s fifty day moving average price is $364.67 and its two-hundred day moving average price is $349.53. Murphy USA Inc. has a 52 week low of $231.65 and a 52 week high of $404.93.

Murphy USA (NYSE:MUSAGet Free Report) last announced its quarterly earnings data on Wednesday, February 7th. The specialty retailer reported $7.00 EPS for the quarter, beating analysts’ consensus estimates of $5.79 by $1.21. The firm had revenue of $5.07 billion for the quarter, compared to analyst estimates of $5.32 billion. Murphy USA had a return on equity of 70.92% and a net margin of 2.59%. The business’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same period last year, the company earned $5.21 EPS. On average, analysts predict that Murphy USA Inc. will post 24.9 earnings per share for the current year.

Murphy USA Company Profile

(Free Report)

Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States. The company was founded in 1996 and is headquartered in El Dorado, Arkansas.

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

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