Sterling Capital Management LLC boosted its stake in shares of Murphy USA Inc. (NYSE:MUSA) by 0.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,826 shares of the specialty retailer’s stock after buying an additional 47 shares during the period. Sterling Capital Management LLC owned 0.05% of Murphy USA worth $1,469,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Tower Research Capital LLC TRC lifted its stake in shares of Murphy USA by 1,343.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock valued at $107,000 after purchasing an additional 1,343 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of Murphy USA by 29.3% in the 1st quarter. Fifth Third Bancorp now owns 1,945 shares of the specialty retailer’s stock valued at $143,000 after purchasing an additional 441 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of Murphy USA by 8.0% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 2,160 shares of the specialty retailer’s stock valued at $159,000 after purchasing an additional 160 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Murphy USA by 49.0% in the 1st quarter. Victory Capital Management Inc. now owns 2,232 shares of the specialty retailer’s stock valued at $164,000 after purchasing an additional 734 shares during the last quarter. Finally, LS Investment Advisors LLC lifted its stake in shares of Murphy USA by 13.4% in the 2nd quarter. LS Investment Advisors LLC now owns 2,896 shares of the specialty retailer’s stock valued at $215,000 after purchasing an additional 343 shares during the last quarter. 97.29% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have recently commented on MUSA shares. BidaskClub raised Murphy USA from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 5th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $83.00 price target (up previously from $77.00) on shares of Murphy USA in a research note on Monday, July 17th. William Blair started coverage on Murphy USA in a research note on Wednesday, July 12th. They issued a “market perform” rating on the stock. Finally, Zacks Investment Research lowered Murphy USA from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Murphy USA has an average rating of “Hold” and an average price target of $84.50.

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In related 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 value of $73,603.80. Following 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 Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daryl R. Schofield bought 3,000 shares of Murphy USA stock in a transaction that occurred on Thursday, August 17th. The stock was purchased at an average price of $66.00 per share, for a total transaction 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. 7.30% of the stock is owned by insiders.

Murphy USA Inc. (NYSE MUSA) opened at 72.86 on Friday. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 19.43 and a beta of 0.72. Murphy USA Inc. has a 1-year low of $57.13 and a 1-year high of $79.98. The company’s 50-day moving average price is $68.91 and its 200 day moving average price is $69.99.

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

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.

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

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