Murphy USA Inc. (NYSE:MUSA) Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama cut its position in Murphy USA Inc. (NYSE:MUSA) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,891 shares of the specialty retailer’s stock after selling 248 shares during the quarter. Retirement Systems of Alabama’s holdings in Murphy USA were worth $22,524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in MUSA. International Assets Investment Management LLC boosted its position in Murphy USA by 49,501.3% in the 3rd quarter. International Assets Investment Management LLC now owns 388,874 shares of the specialty retailer’s stock valued at $191,664,000 after buying an additional 388,090 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Murphy USA by 69.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 428,379 shares of the specialty retailer’s stock valued at $211,135,000 after purchasing an additional 176,308 shares in the last quarter. Fiera Capital Corp purchased a new stake in Murphy USA during the 3rd quarter worth approximately $53,387,000. FMR LLC increased its holdings in Murphy USA by 6.0% during the 3rd quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer’s stock worth $863,116,000 after purchasing an additional 99,253 shares during the last quarter. Finally, World Investment Advisors LLC acquired a new position in shares of Murphy USA in the 3rd quarter valued at approximately $30,122,000. 80.81% of the stock is owned by institutional investors and hedge funds.

Murphy USA Trading Down 3.2 %

Shares of NYSE MUSA opened at $499.61 on Friday. Murphy USA Inc. has a 1-year low of $361.74 and a 1-year high of $561.08. The company has a 50-day moving average of $509.52 and a two-hundred day moving average of $507.16. The company has a market cap of $10.12 billion, a PE ratio of 20.61 and a beta of 0.79. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 EPS for the quarter, beating the consensus estimate of $6.46 by $0.50. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. As a group, equities analysts expect that Murphy USA Inc. will post 23.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

MUSA has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Royal Bank of Canada lifted their target price on Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $512.80.

About Murphy USA

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, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.