SG Americas Securities LLC Invests $839,000 in Murphy USA Inc (MUSA)

SG Americas Securities LLC acquired a new position in shares of Murphy USA Inc (NYSE:MUSA) during the 4th quarter, HoldingsChannel reports. The fund acquired 10,444 shares of the specialty retailer’s stock, valued at approximately $839,000.

Other hedge funds also recently made changes to their positions in the company. Tiedemann Wealth Management LLC raised its holdings in Murphy USA by 9.9% in the third quarter. Tiedemann Wealth Management LLC now owns 17,693 shares of the specialty retailer’s stock valued at $103,000 after buying an additional 1,587 shares during the period. Zions Bancorporation purchased a new position in Murphy USA in the third quarter valued at approximately $106,000. State of Alaska Department of Revenue purchased a new position in Murphy USA in the fourth quarter valued at approximately $158,000. Campbell & CO Investment Adviser LLC purchased a new position in Murphy USA in the third quarter valued at approximately $208,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Murphy USA by 10.7% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,341 shares of the specialty retailer’s stock valued at $507,000 after buying an additional 711 shares during the period. Institutional investors and hedge funds own 96.36% of the company’s stock.

Shares of Murphy USA Inc (NYSE:MUSA) opened at $75.32 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.15 and a quick ratio of 0.81. Murphy USA Inc has a 1 year low of $62.76 and a 1 year high of $89.69. The stock has a market cap of $2,567.81, a P/E ratio of 17.28, a price-to-earnings-growth ratio of 1.80 and a beta of 0.77.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, January 31st. The specialty retailer reported $3.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $2.54. Murphy USA had a net margin of 1.91% and a return on equity of 22.69%. The company had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.25 billion. During the same quarter last year, the company earned $1.14 earnings per share. Murphy USA’s revenue for the quarter was up 10.6% on a year-over-year basis. equities research analysts forecast that Murphy USA Inc will post 5.01 EPS for the current fiscal year.

Several research analysts recently commented on the stock. Stephens set a $85.00 price target on shares of Murphy USA and gave the company a “hold” rating in a report on Tuesday, January 16th. Gabelli lowered shares of Murphy USA from a “buy” rating to a “hold” rating and set a $92.00 price target on the stock. in a report on Thursday, January 11th. Jefferies Group restated a “buy” rating and issued a $98.00 price target on shares of Murphy USA in a report on Monday, January 8th. Zacks Investment Research upgraded shares of Murphy USA from a “hold” rating to a “strong-buy” rating and set a $98.00 price target on the stock in a report on Thursday, February 1st. Finally, Wells Fargo & Co raised their price target on shares of Murphy USA and gave the company a “market perform” rating in a report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Murphy USA presently has a consensus rating of “Hold” and a consensus target price of $93.25.

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About Murphy USA

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.

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

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