Murphy USA Inc. (MUSA) Holdings Cut by Cambiar Investors LLC

Cambiar Investors LLC lessened its stake in shares of Murphy USA Inc. (NYSE:MUSA) by 24.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 161,198 shares of the specialty retailer’s stock after selling 51,645 shares during the period. Cambiar Investors LLC owned about 0.46% of Murphy USA worth $11,123,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its stake in Murphy USA by 1,343.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock valued at $107,000 after acquiring an additional 1,343 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its stake in Murphy USA by 8.0% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 2,160 shares of the specialty retailer’s stock valued at $159,000 after acquiring an additional 160 shares in the last quarter. Victory Capital Management Inc. grew its stake in Murphy USA by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 2,624 shares of the specialty retailer’s stock valued at $194,000 after acquiring an additional 392 shares in the last quarter. LS Investment Advisors LLC grew its stake in Murphy USA by 13.4% during the 2nd quarter. LS Investment Advisors LLC now owns 2,896 shares of the specialty retailer’s stock valued at $215,000 after acquiring an additional 343 shares in the last quarter. Finally, Raymond James Trust N.A. grew its stake in Murphy USA by 12.9% during the 2nd quarter. Raymond James Trust N.A. now owns 3,701 shares of the specialty retailer’s stock valued at $274,000 after acquiring an additional 423 shares in the last quarter. Hedge funds and other institutional investors own 99.93% of the company’s stock.

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In other news, EVP Daryl R. Schofield purchased 3,000 shares of the stock in a transaction that occurred on Thursday, August 17th. The stock was acquired at an average price of $66.00 per share, with a total value of $198,000.00. Following the purchase, the executive vice president now owns 3,000 shares in the company, valued at approximately $198,000. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 7.30% of the company’s stock.

Shares of Murphy USA Inc. (NYSE MUSA) traded down $0.68 during midday trading on Tuesday, hitting $73.29. The company had a trading volume of 288,400 shares, compared to its average volume of 475,543. The company has a market cap of $2,573.87, a PE ratio of 16.55, a price-to-earnings-growth ratio of 1.36 and a beta of 0.74. Murphy USA Inc. has a 1-year low of $60.44 and a 1-year high of $79.98. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 1.30.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.34 by $0.56. The business had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.43 billion. Murphy USA had a return on equity of 24.19% and a net margin of 1.31%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.16 EPS. analysts predict that Murphy USA Inc. will post 4.19 EPS for the current fiscal year.

Several equities analysts have weighed in on MUSA shares. Jefferies Group LLC reaffirmed a “buy” rating and set a $83.00 target price (up previously from $77.00) on shares of Murphy USA in a research note on Monday, July 17th. BidaskClub raised Murphy USA from a “hold” rating to a “buy” rating in a research note on Wednesday, October 11th. ValuEngine raised Murphy USA from a “hold” rating to a “buy” rating in a research note on Friday. Stephens cut Murphy USA from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 4th. Finally, Zacks Investment Research cut Murphy USA from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $84.50.

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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