Marshall Wace North America L.P. acquired a new stake in Murphy USA Inc. (NYSE:MUSA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 141,893 shares of the specialty retailer’s stock, valued at approximately $10,500,000. Marshall Wace North America L.P. owned approximately 0.39% of Murphy USA as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MUSA. BNP Paribas Arbitrage SA increased its position in Murphy USA by 303.3% in the second quarter. BNP Paribas Arbitrage SA now owns 45,155 shares of the specialty retailer’s stock valued at $3,346,000 after buying an additional 33,960 shares during the period. Gamco Investors INC. ET AL increased its position in Murphy USA by 5.9% in the second quarter. Gamco Investors INC. ET AL now owns 357,878 shares of the specialty retailer’s stock valued at $26,522,000 after buying an additional 19,850 shares during the period. Comerica Bank increased its position in 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 buying an additional 328 shares during the period. Legal & General Group Plc increased its position in Murphy USA by 1.6% in the second quarter. Legal & General Group Plc now owns 99,613 shares of the specialty retailer’s stock valued at $7,377,000 after buying an additional 1,568 shares during the period. Finally, Arizona State Retirement System increased its position in Murphy USA by 1.4% in the second quarter. Arizona State Retirement System now owns 14,600 shares of the specialty retailer’s stock valued at $1,082,000 after buying an additional 200 shares during the period. 97.92% of the stock is currently owned by institutional investors.

Murphy USA Inc. (NYSE:MUSA) opened at 67.31 on Friday. The stock has a market capitalization of $2.43 billion, a P/E ratio of 17.95 and a beta of 0.68. The stock has a 50 day moving average of $71.28 and a 200 day moving average of $69.73. Murphy USA Inc. has a 52-week low of $57.13 and a 52-week high of $79.98.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.42. Murphy USA had a return on equity of 20.19% and a net margin of 1.15%. The firm had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.27 billion. During the same period in the previous year, the firm earned $1.17 earnings per share. The company’s revenue was up 6.9% compared to the same quarter last year. On average, equities research analysts forecast that Murphy USA Inc. will post $3.72 EPS for the current year.

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Several research firms have recently weighed in on MUSA. BidaskClub downgraded shares of Murphy USA from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Jefferies Group LLC set a $86.00 target price on shares of Murphy USA and gave the stock a “buy” rating in a research report on Friday, August 4th. Stephens downgraded shares of Murphy USA from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 4th. Zacks Investment Research downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Finally, William Blair began coverage on shares of Murphy USA in a research report on Wednesday, July 12th. They issued a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $83.25.

In other Murphy USA news, EVP Daryl R. Schofield purchased 3,000 shares of the company’s stock in a transaction on Thursday, August 17th. The shares were purchased at an average cost of $66.00 per share, with a total value of $198,000.00. Following the completion of the purchase, the executive vice president now owns 3,000 shares in the company, valued at $198,000. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP John A. Moore sold 1,030 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president now directly owns 18,169 shares in the company, valued at $1,298,356.74. The disclosure for this sale can be found here. 7.30% of the stock is currently owned by insiders.

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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