Peterson Wealth Services Makes New Investment in Murphy USA Inc. (NYSE:MUSA)

Peterson Wealth Services purchased a new stake in shares of Murphy USA Inc. (NYSE:MUSA) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 956 shares of the specialty retailer’s stock, valued at approximately $480,000.

Other hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC raised its stake in Murphy USA by 40.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock valued at $36,000 after acquiring an additional 21 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new stake in Murphy USA in the fourth quarter worth about $50,000. Fortitude Family Office LLC grew its position in Murphy USA by 186.1% in the 4th quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock valued at $52,000 after buying an additional 67 shares in the last quarter. R Squared Ltd acquired a new position in Murphy USA during the 4th quarter valued at about $55,000. Finally, Versant Capital Management Inc raised its position in shares of Murphy USA by 348.4% during the 4th quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock worth $70,000 after buying an additional 108 shares in the last quarter. Institutional investors own 80.81% of the company’s stock.

Murphy USA Trading Up 1.6 %

Murphy USA stock opened at $488.57 on Tuesday. The firm has a market cap of $9.89 billion, a price-to-earnings ratio of 20.19 and a beta of 0.79. Murphy USA Inc. has a 1 year low of $382.04 and a 1 year high of $561.08. The firm’s 50 day moving average price is $507.04 and its two-hundred day moving average price is $506.85. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.41 and a current ratio of 0.79.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. On average, research analysts predict that Murphy USA Inc. will post 26.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MUSA. StockNews.com upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a report on Friday. Wells Fargo & Company lowered their price target on Murphy USA from $555.00 to $550.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Royal Bank of Canada upped their price objective on Murphy USA from $550.00 to $554.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Murphy USA currently has an average rating of “Moderate Buy” and an average target price of $510.80.

Murphy USA Company 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.