Virginia Retirement Systems ET AL increased its stake in Murphy USA Inc. (NYSE:MUSA) by 6.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,900 shares of the specialty retailer’s stock after buying an additional 2,300 shares during the period. Virginia Retirement Systems ET AL owned 0.11% of Murphy USA worth $2,809,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its position in Murphy USA by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 429,750 shares of the specialty retailer’s stock valued at $31,552,000 after buying an additional 7,941 shares during the period. Massmutual Trust Co. FSB ADV increased its position in Murphy USA by 82.2% in the first quarter. Massmutual Trust Co. FSB ADV now owns 5,869 shares of the specialty retailer’s stock valued at $431,000 after buying an additional 2,648 shares during the period. Eos Focused Equity Management L.P. bought a new position in Murphy USA during the first quarter valued at approximately $4,114,000. First Trust Advisors LP increased its position in Murphy USA by 27.4% in the first quarter. First Trust Advisors LP now owns 187,340 shares of the specialty retailer’s stock valued at $13,755,000 after buying an additional 40,247 shares during the period. Finally, Reinhart Partners Inc. increased its position in Murphy USA by 2.7% in the first quarter. Reinhart Partners Inc. now owns 44,850 shares of the specialty retailer’s stock valued at $3,293,000 after buying an additional 1,170 shares during the period. Institutional investors and hedge funds own 97.47% of the company’s stock.

Murphy USA Inc. (NYSE MUSA) opened at 65.88 on Tuesday. The company has a market cap of $2.38 billion, a P/E ratio of 17.57 and a beta of 0.68. Murphy USA Inc. has a 12 month low of $57.13 and a 12 month high of $79.98. The firm has a 50-day moving average price of $71.28 and a 200 day moving average price of $69.73.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.42. Murphy USA had a net margin of 1.15% and a return on equity of 20.19%. The company had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.27 billion. During the same period in the previous year, the firm posted $1.17 EPS. The firm’s revenue was up 6.9% compared to the same quarter last year. On average, equities analysts expect that Murphy USA Inc. will post $3.70 earnings per share for the current year.

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Several equities analysts recently commented on the company. BidaskClub upgraded Murphy USA from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Zacks Investment Research upgraded Murphy USA from a “strong sell” rating to a “hold” rating and set a $83.00 target price for the company in a research report on Saturday, July 1st. Stephens raised their target price on Murphy USA from $76.00 to $83.00 and gave the stock an “overweight” rating in a research report on Friday, June 30th. Jefferies Group LLC restated 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. Finally, William Blair assumed coverage on Murphy USA in a research report on Wednesday, July 12th. They set a “market perform” rating for the company. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $83.25.

In other news, SVP John A. Moore sold 1,030 shares of Murphy USA 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 sale, the senior vice president now directly owns 18,169 shares of the company’s stock, valued at approximately $1,298,356.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daryl R. Schofield acquired 3,000 shares of the company’s stock in a transaction dated Thursday, August 17th. The shares were bought at an average cost of $66.00 per share, with a total value of $198,000.00. Following the completion of the acquisition, the executive vice president now directly owns 3,000 shares in the company, valued at approximately $198,000. The disclosure for this purchase can be found here. 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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