Narus Financial Partners LLC decreased its position in Murphy USA Inc. (NYSE:MUSA – Free Report) by 7.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 866 shares of the specialty retailer’s stock after selling 69 shares during the quarter. Narus Financial Partners LLC’s holdings in Murphy USA were worth $435,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC lifted its stake in shares of Murphy USA by 40.4% in the third quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after buying an additional 21 shares during the last quarter. Fortitude Family Office LLC raised its holdings in Murphy USA by 186.1% in the 4th quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock worth $52,000 after acquiring an additional 67 shares during the period. R Squared Ltd acquired a new position in Murphy USA during the 4th quarter worth $55,000. Versant Capital Management Inc boosted its holdings in Murphy USA by 348.4% during the fourth quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock valued at $70,000 after acquiring an additional 108 shares during the period. Finally, Key Financial Inc grew its position in shares of Murphy USA by 942.9% in the third quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock valued at $72,000 after purchasing an additional 132 shares during the last quarter. Institutional investors and hedge funds own 80.81% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com cut Murphy USA from a “buy” rating to a “hold” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $509.40.
Murphy USA Stock Performance
NYSE:MUSA opened at $502.56 on Friday. The firm’s 50-day moving average is $513.94 and its 200-day moving average is $506.76. The company has a market cap of $10.18 billion, a price-to-earnings ratio of 20.73 and a beta of 0.80. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.41 and a current ratio of 0.80. Murphy USA Inc. has a 52-week low of $350.55 and a 52-week high of $561.08.
Murphy USA (NYSE:MUSA – Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The specialty retailer reported $7.20 EPS for the quarter, topping analysts’ consensus estimates of $6.64 by $0.56. The company had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.54 billion. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. The company’s quarterly revenue was down 9.6% on a year-over-year basis. During the same quarter last year, the company earned $7.69 EPS. Equities research analysts anticipate that Murphy USA Inc. will post 23.62 earnings per share for the current year.
Murphy USA Profile
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.
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