BidaskClub upgraded shares of Murphy USA Inc. (NYSE:MUSA) from a strong sell rating to a sell rating in a report published on Thursday morning.

Several other equities analysts have also recently weighed in on the company. Jefferies Group LLC set a $86.00 price objective on Murphy USA and gave the company a buy rating in a research note on Friday, August 4th. Stephens cut Murphy USA from an overweight rating to an equal weight rating in a research note on Friday, August 4th. Zacks Investment Research cut Murphy USA from a buy rating to a hold rating in a research note on Tuesday, July 18th. Finally, William Blair assumed coverage on Murphy USA in a research note on Wednesday, July 12th. They set a market perform rating on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $83.25.

Shares of Murphy USA (NYSE:MUSA) opened at 66.40 on Thursday. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 17.71 and a beta of 0.71. The firm’s 50-day moving average is $68.22 and its 200 day moving average is $69.71. Murphy USA 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 data on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share for the quarter, beating the 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 business had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.27 billion. During the same period last year, the business earned $1.17 EPS. The business’s revenue was up 6.9% on a year-over-year basis. On average, equities research analysts anticipate that Murphy USA will post $3.70 earnings per share for the current year.

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In other news, SVP John A. Moore sold 1,030 shares of Murphy USA stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $71.46, for a total transaction of $73,603.80. Following the sale, the senior vice president now directly owns 18,169 shares in the company, valued at approximately $1,298,356.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daryl R. Schofield bought 3,000 shares of the stock in a transaction dated Thursday, August 17th. The shares were acquired at an average price of $66.00 per share, for a total transaction of $198,000.00. Following the completion of the purchase, the executive vice president now directly owns 3,000 shares in the company, valued at $198,000. The disclosure for this purchase can be found here. 7.30% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MUSA. Tower Research Capital LLC TRC raised its stake in shares of Murphy USA by 1,343.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock worth $107,000 after purchasing an additional 1,343 shares during the period. Fifth Third Bancorp raised its stake in shares of Murphy USA by 29.3% during the 1st quarter. Fifth Third Bancorp now owns 1,945 shares of the specialty retailer’s stock worth $143,000 after purchasing an additional 441 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in shares of Murphy USA by 8.0% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 2,160 shares of the specialty retailer’s stock worth $159,000 after purchasing an additional 160 shares during the period. Victory Capital Management Inc. raised its stake in shares of Murphy USA by 49.0% during the 1st quarter. Victory Capital Management Inc. now owns 2,232 shares of the specialty retailer’s stock worth $164,000 after purchasing an additional 734 shares during the period. Finally, LS Investment Advisors LLC raised its stake in shares of Murphy USA by 13.4% during the 2nd quarter. LS Investment Advisors LLC now owns 2,896 shares of the specialty retailer’s stock worth $215,000 after purchasing an additional 343 shares during the period. Institutional investors own 97.29% 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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