Trexquant Investment LP acquired a new stake in Murphy USA Inc. (NYSE:MUSA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,354 shares of the specialty retailer’s stock, valued at approximately $397,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MUSA. BlackRock Inc. boosted its stake in shares of Murphy USA by 10,259.5% in the first quarter. BlackRock Inc. now owns 3,001,041 shares of the specialty retailer’s stock valued at $220,335,000 after buying an additional 2,972,072 shares during the period. Vanguard Group Inc. boosted its stake in shares of Murphy USA by 0.7% in the first quarter. Vanguard Group Inc. now owns 2,844,983 shares of the specialty retailer’s stock valued at $208,879,000 after buying an additional 18,620 shares during the period. Iridian Asset Management LLC CT bought a new stake in shares of Murphy USA during the first quarter valued at about $90,093,000. JPMorgan Chase & Co. boosted its stake in shares of Murphy USA by 344.3% in the first quarter. JPMorgan Chase & Co. now owns 934,173 shares of the specialty retailer’s stock valued at $68,589,000 after buying an additional 723,910 shares during the period. Finally, River Road Asset Management LLC boosted its stake in shares of Murphy USA by 33.4% in the first quarter. River Road Asset Management LLC now owns 752,967 shares of the specialty retailer’s stock valued at $55,283,000 after buying an additional 188,648 shares during the period. Institutional investors own 97.92% of the company’s stock.

Shares of Murphy USA Inc. (NYSE MUSA) opened at 67.20 on Wednesday. Murphy USA Inc. has a 52-week low of $57.13 and a 52-week high of $79.98. The stock has a 50 day moving average price of $72.68 and a 200-day moving average price of $69.70. The firm has a market cap of $2.42 billion, a PE ratio of 17.92 and a beta of 0.68.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.42. Murphy USA had a return on equity of 20.19% and a net margin of 1.15%. The business had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.27 billion. During the same quarter in the prior year, the company earned $1.17 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. On average, equities analysts anticipate that Murphy USA Inc. will post $3.76 EPS for the current fiscal year.

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Several brokerages have issued reports on MUSA. Stephens cut Murphy USA from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 4th. 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 research report on Monday, July 17th. BidaskClub cut Murphy USA from a “buy” rating to a “hold” rating in a research report on Sunday, August 6th. William Blair began coverage on Murphy USA in a research report on Wednesday, July 12th. They set a “market perform” rating on the stock. Finally, Zacks Investment Research cut Murphy USA from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $83.25.

In related news, SVP John A. Moore sold 1,030 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $71.46, for a total transaction of $73,603.80. Following the completion of the transaction, the senior vice president now owns 18,169 shares in the company, valued at $1,298,356.74. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 7.30% of the company’s stock.

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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Institutional Ownership by Quarter for Murphy USA (NYSE:MUSA)

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