BidaskClub lowered shares of Murphy USA Inc. (NYSE:MUSA) from a buy rating to a hold rating in a research report released on Sunday.

A number of other research firms have also weighed in on MUSA. Zacks Investment Research raised shares of Murphy USA from a strong sell rating to a hold rating and set a $83.00 target price on the stock in a report on Saturday, July 1st. Jefferies Group LLC reaffirmed a buy rating and set a $83.00 target price (up previously from $77.00) on shares of Murphy USA in a report on Monday, July 17th. Stephens decreased their target price on shares of Murphy USA from $82.00 to $76.00 and set an overweight rating on the stock in a report on Wednesday, May 3rd. William Blair initiated coverage on shares of Murphy USA in a report on Wednesday, July 12th. They set a market perform rating on the stock. Finally, Wells Fargo & Company lowered shares of Murphy USA from an outperform rating to a market perform rating in a report on Tuesday, April 18th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Murphy USA currently has a consensus rating of Hold and an average target price of $83.25.

Murphy USA (NYSE MUSA) opened at 69.86 on Friday. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 18.63 and a beta of 0.68. Murphy USA has a 1-year low of $57.13 and a 1-year high of $79.98. The stock has a 50 day moving average price of $73.09 and a 200-day moving average price of $69.30.

Murphy USA (NYSE:MUSA) last posted its earnings results on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.42. The business had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.27 billion. Murphy USA had a net margin of 1.15% and a return on equity of 20.19%. Murphy USA’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.17 EPS. Equities analysts predict that Murphy USA will post $3.72 earnings per share for the current year.

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In other news, SVP John A. Moore sold 1,030 shares of the stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $71.46, for a total value of $73,603.80. Following the transaction, the senior vice president now owns 18,169 shares of the company’s stock, valued at approximately $1,298,356.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 7.30% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc raised its position in Murphy USA by 1.0% in the second quarter. IFP Advisors Inc now owns 3,776 shares of the specialty retailer’s stock valued at $280,000 after buying an additional 39 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in Murphy USA by 1.2% in the second quarter. Oppenheimer & Co. Inc. now owns 4,225 shares of the specialty retailer’s stock valued at $314,000 after buying an additional 52 shares in the last quarter. Heartland Advisors Inc. raised its position in Murphy USA by 1.7% in the first quarter. Heartland Advisors Inc. now owns 3,561 shares of the specialty retailer’s stock valued at $261,000 after buying an additional 59 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Murphy USA by 1.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,646 shares of the specialty retailer’s stock valued at $488,000 after buying an additional 95 shares in the last quarter. Finally, Horrell Capital Management Inc. raised its position in Murphy USA by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 27,260 shares of the specialty retailer’s stock valued at $2,001,000 after buying an additional 100 shares in the last quarter. 97.90% of the stock is currently owned by institutional investors.

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.

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