Murphy USA Inc. (NYSE:MUSA) Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB trimmed its holdings in Murphy USA Inc. (NYSE:MUSA) by 29.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 535 shares of the specialty retailer’s stock after selling 223 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Murphy USA were worth $268,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Stifel Financial Corp raised its holdings in Murphy USA by 22.2% in the third quarter. Stifel Financial Corp now owns 8,385 shares of the specialty retailer’s stock valued at $4,133,000 after acquiring an additional 1,526 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Murphy USA in the 4th quarter valued at about $11,529,000. Oak Thistle LLC bought a new position in shares of Murphy USA during the fourth quarter worth about $1,207,000. Assetmark Inc. lifted its position in shares of Murphy USA by 6.1% during the third quarter. Assetmark Inc. now owns 35,240 shares of the specialty retailer’s stock worth $17,369,000 after purchasing an additional 2,028 shares during the last quarter. Finally, CWA Asset Management Group LLC acquired a new position in Murphy USA in the third quarter worth about $1,573,000. 80.81% of the stock is currently owned by hedge funds and other institutional investors.

Murphy USA Stock Down 1.0 %

Shares of Murphy USA stock opened at $483.88 on Wednesday. Murphy USA Inc. has a twelve month low of $382.04 and a twelve month high of $561.08. The stock has a market capitalization of $9.80 billion, a price-to-earnings ratio of 19.99 and a beta of 0.79. The company has a current ratio of 0.79, a quick ratio of 0.41 and a debt-to-equity ratio of 2.18. The business’s 50 day simple moving average is $505.89 and its 200-day simple moving average is $506.67.

Murphy USA (NYSE:MUSA) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share 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%. Equities research analysts forecast that Murphy USA Inc. will post 26.47 earnings per share for the current year.

Wall Street Analyst Weigh In

MUSA has been the topic of a number of research analyst reports. Royal Bank of Canada increased their target price on Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. StockNews.com upgraded Murphy USA from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Finally, Wells Fargo & Company lowered their target price on shares of Murphy USA from $555.00 to $550.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Murphy USA currently has an average rating of “Moderate Buy” and an average price target 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.