BidaskClub upgraded shares of Murphy USA Inc. (NYSE:MUSA) from a sell rating to a hold rating in a report issued on Tuesday.

Other equities research analysts have also issued research reports about the company. Jefferies Group LLC set a $86.00 price target on Murphy USA and gave the stock a buy rating in a research note on Friday, August 4th. Zacks Investment Research raised shares of Murphy USA from a strong sell rating to a hold rating and set a $83.00 price target for the company in a report on Saturday, July 1st. Stephens increased their price target on shares of Murphy USA from $76.00 to $83.00 and gave the company an overweight rating in a report on Friday, June 30th. Finally, William Blair started coverage on shares of Murphy USA in a report on Wednesday, July 12th. They issued a market perform rating for the company. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Murphy USA presently has a consensus rating of Hold and a consensus target price of $84.00.

Shares of Murphy USA (MUSA) opened at 69.00 on Tuesday. The firm has a 50-day moving average price of $67.67 and a 200-day moving average price of $69.79. The stock has a market capitalization of $2.49 billion, a P/E ratio of 18.40 and a beta of 0.71. Murphy USA has a 52-week low of $57.13 and a 52-week high of $79.98.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported $1.51 EPS for the quarter, topping the consensus estimate of $1.09 by $0.42. The firm had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.27 billion. Murphy USA had a return on equity of 20.19% and a net margin of 1.15%. Murphy USA’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 EPS. On average, analysts predict that Murphy USA will post $3.69 EPS for the current year.

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In other Murphy USA 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 value of $73,603.80. Following the completion of the transaction, the senior vice president now owns 18,169 shares of the company’s stock, valued at $1,298,356.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daryl R. Schofield acquired 3,000 shares of the business’s stock in a transaction on Thursday, August 17th. The stock was purchased at an average cost of $66.00 per share, with a total value of $198,000.00. Following the acquisition, the executive vice president now directly owns 3,000 shares of the company’s stock, valued at approximately $198,000. The disclosure for this purchase can be found here. Insiders own 7.30% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC grew its stake in Murphy USA by 2.5% during the 2nd quarter. Lord Abbett & CO. LLC now owns 40,800 shares of the specialty retailer’s stock valued at $3,024,000 after acquiring an additional 1,000 shares in the last quarter. BW Gestao de Investimentos Ltda. grew its stake in Murphy USA by 11.2% during the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 10,035 shares of the specialty retailer’s stock valued at $744,000 after acquiring an additional 1,007 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in 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 valued at $107,000 after acquiring an additional 1,343 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Murphy USA by 1.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 50,897 shares of the specialty retailer’s stock valued at $3,772,000 after acquiring an additional 723 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in Murphy USA during the 2nd quarter valued at about $688,000. 97.29% of the stock is owned by institutional investors and hedge funds.

About Murphy USA

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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