Grimes & Company Inc. bought a new stake in shares of Murphy USA Inc (NYSE:MUSA) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 2,774 shares of the specialty retailer’s stock, valued at approximately $223,000.

A number of other large investors have also made changes to their positions in MUSA. Thrivent Financial For Lutherans increased its position in Murphy USA by 6.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 6,920 shares of the specialty retailer’s stock valued at $513,000 after buying an additional 390 shares in the last quarter. UBS Asset Management Americas Inc. increased its position in Murphy USA by 1.8% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 51,644 shares of the specialty retailer’s stock valued at $3,827,000 after buying an additional 891 shares in the last quarter. Citigroup Inc. increased its position in Murphy USA by 514.2% during the 2nd quarter. Citigroup Inc. now owns 6,130 shares of the specialty retailer’s stock valued at $454,000 after buying an additional 5,132 shares in the last quarter. BlueCrest Capital Management Ltd increased its position in Murphy USA by 445.2% during the 2nd quarter. BlueCrest Capital Management Ltd now owns 18,712 shares of the specialty retailer’s stock valued at $1,387,000 after buying an additional 15,280 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in Murphy USA during the 2nd quarter valued at about $688,000. 95.32% of the stock is currently owned by institutional investors.

Shares of Murphy USA Inc (NYSE:MUSA) opened at $71.00 on Thursday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.81 and a current ratio of 1.15. The firm has a market capitalization of $2,456.64, a PE ratio of 16.53, a price-to-earnings-growth ratio of 1.15 and a beta of 0.77. Murphy USA Inc has a one year low of $62.76 and a one year high of $89.69.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings results on Wednesday, January 31st. The specialty retailer reported $3.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $2.54. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.25 billion. Murphy USA had a return on equity of 22.69% and a net margin of 1.91%. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.14 EPS. equities research analysts forecast that Murphy USA Inc will post 4.92 earnings per share for the current year.

Several research analysts recently issued reports on MUSA shares. Zacks Investment Research lowered Murphy USA from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. Wells Fargo & Co boosted their price target on Murphy USA and gave the company a “market perform” rating in a research note on Thursday, January 4th. BidaskClub downgraded Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. ValuEngine upgraded Murphy USA from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Finally, Jefferies Group reiterated a “buy” rating and set a $98.00 price target on shares of Murphy USA in a research note on Monday, January 8th. One analyst has rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $93.25.

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

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