Murphy USA Inc. (MUSA) Shares Sold by American International Group Inc.

American International Group Inc. reduced its position in shares of Murphy USA Inc. (NYSE:MUSA) by 3.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,592 shares of the specialty retailer’s stock after selling 2,094 shares during the period. American International Group Inc. owned about 0.20% of Murphy USA worth $4,733,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tower Research Capital LLC TRC increased its holdings in shares of Murphy USA by 1,343.0% during the second quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock valued at $107,000 after purchasing an additional 1,343 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Murphy USA by 17.6% during the second quarter. Victory Capital Management Inc. now owns 2,624 shares of the specialty retailer’s stock valued at $194,000 after purchasing an additional 392 shares during the period. Raymond James Trust N.A. increased its holdings in shares of Murphy USA by 12.9% during the second quarter. Raymond James Trust N.A. now owns 3,701 shares of the specialty retailer’s stock valued at $274,000 after purchasing an additional 423 shares during the period. IFP Advisors Inc increased its holdings in shares of Murphy USA by 1.0% during the second quarter. IFP Advisors Inc now owns 3,776 shares of the specialty retailer’s stock valued at $280,000 after purchasing an additional 39 shares during the period. Finally, ING Groep NV acquired a new position in shares of Murphy USA during the second quarter valued at $312,000. 95.48% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts recently weighed in on the company. ValuEngine cut Murphy USA from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th. J P Morgan Chase & Co cut Murphy USA from a “neutral” rating to an “underweight” rating in a research note on Tuesday, November 7th. BidaskClub cut Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. Finally, Zacks Investment Research raised Murphy USA from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. Murphy USA presently has an average rating of “Hold” and a consensus target price of $84.50.

Murphy USA Inc. (NYSE MUSA) traded down $2.31 during trading hours on Friday, hitting $74.55. The company had a trading volume of 282,100 shares, compared to its average volume of 457,870. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.18 and a quick ratio of 0.77. Murphy USA Inc. has a fifty-two week low of $60.44 and a fifty-two week high of $81.30. The firm has a market cap of $2,674.43, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 1.38 and a beta of 0.76.

Murphy USA (NYSE:MUSA) last released its quarterly earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.56. Murphy USA had a return on equity of 24.19% and a net margin of 1.31%. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.43 billion. During the same quarter last year, the company posted $1.16 EPS. Murphy USA’s revenue for the quarter was up 6.4% on a year-over-year basis. analysts anticipate that Murphy USA Inc. will post 4.28 EPS for the current year.

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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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