New York State Common Retirement Fund Has $11.83 Million Stake in Murphy USA Inc (MUSA)

New York State Common Retirement Fund increased its holdings in Murphy USA Inc (NYSE:MUSA) by 4.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 171,417 shares of the specialty retailer’s stock after purchasing an additional 6,606 shares during the quarter. New York State Common Retirement Fund owned 0.49% of Murphy USA worth $11,828,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of MUSA. Russell Investments Group Ltd. raised its position in Murphy USA by 37.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 13,686 shares of the specialty retailer’s stock worth $1,014,000 after purchasing an additional 3,708 shares during the period. Schwab Charles Investment Management Inc. raised its position in Murphy USA by 3.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 165,166 shares of the specialty retailer’s stock worth $12,241,000 after purchasing an additional 4,777 shares during the period. Arizona State Retirement System raised its position in Murphy USA by 1.4% in the 2nd quarter. Arizona State Retirement System now owns 14,600 shares of the specialty retailer’s stock worth $1,082,000 after purchasing an additional 200 shares during the period. Legal & General Group Plc raised its position in Murphy USA by 1.6% in the 2nd quarter. Legal & General Group Plc now owns 99,613 shares of the specialty retailer’s stock worth $7,377,000 after purchasing an additional 1,568 shares during the period. Finally, Comerica Bank increased its position in shares of Murphy USA by 1.3% in the second quarter. Comerica Bank now owns 26,366 shares of the specialty retailer’s stock valued at $1,941,000 after acquiring an additional 328 shares during the period. Institutional investors own 95.35% of the company’s stock.

A number of research firms have issued reports on MUSA. Gabelli cut shares of Murphy USA from a “buy” rating to a “hold” rating and set a $92.00 price objective on the stock. in a research report on Thursday. Jefferies Group restated a “buy” rating and issued a $98.00 price objective on shares of Murphy USA in a research report on Monday. Wells Fargo & Co boosted their price objective on shares of Murphy USA and gave the company a “market perform” rating in a research report on Thursday, January 4th. ValuEngine cut shares of Murphy USA from a “buy” rating to a “hold” rating in a research report on Saturday, November 25th. Finally, JPMorgan Chase & Co. cut shares of Murphy USA from a “neutral” rating to an “underweight” rating in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $91.00.

Murphy USA Inc (NYSE MUSA) traded down $0.55 during trading hours on Thursday, reaching $85.42. 344,327 shares of the company traded hands, compared to its average volume of 292,407. Murphy USA Inc has a 1-year low of $61.01 and a 1-year high of $86.85. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.18 and a quick ratio of 0.77. The company has a market capitalization of $2,970.00, a price-to-earnings ratio of 19.15, a P/E/G ratio of 1.42 and a beta of 0.79.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, November 1st. The specialty retailer reported $1.90 EPS for the quarter, topping the consensus estimate of $1.34 by $0.56. Murphy USA had a net margin of 1.31% and a return on equity of 24.19%. The business had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same quarter in the previous year, the firm posted $1.16 earnings per share. Murphy USA’s quarterly revenue was up 6.4% on a year-over-year basis. analysts anticipate that Murphy USA Inc will post 4.31 earnings per share 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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