Gamco Investors INC. ET AL lowered its stake in Murphy USA Inc (NYSE:MUSA) by 23.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 129,267 shares of the specialty retailer’s stock after selling 39,409 shares during the quarter. Gamco Investors INC. ET AL owned about 0.40% of Murphy USA worth $11,047,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Strs Ohio lifted its position in Murphy USA by 350.0% in the third quarter. Strs Ohio now owns 1,800 shares of the specialty retailer’s stock valued at $153,000 after buying an additional 1,400 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of Murphy USA during the second quarter worth about $157,000. Bridgewater Associates LP acquired a new stake in shares of Murphy USA during the second quarter worth about $207,000. Martingale Asset Management L P acquired a new stake in shares of Murphy USA during the second quarter worth about $209,000. Finally, Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Murphy USA during the third quarter worth about $213,000. 95.38% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on MUSA. Jefferies Financial Group increased their price target on shares of Murphy USA from $74.00 to $77.00 and gave the stock a “hold” rating in a research report on Tuesday. ValuEngine raised shares of Murphy USA from a “hold” rating to a “buy” rating in a research report on Wednesday, August 8th. Finally, Stephens set a $84.00 price target on shares of Murphy USA and gave the stock a “hold” rating in a research report on Friday, August 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. Murphy USA has a consensus rating of “Hold” and an average price target of $87.75.

Shares of MUSA opened at $79.83 on Friday. The stock has a market cap of $2.62 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 5.07 and a beta of 0.97. Murphy USA Inc has a 1 year low of $61.05 and a 1 year high of $89.69. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.60 and a current ratio of 1.00.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, October 31st. The specialty retailer reported $1.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.49 by ($0.11). The business had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.62 billion. Murphy USA had a return on equity of 19.13% and a net margin of 1.83%. The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.90 EPS. As a group, analysts predict that Murphy USA Inc will post 4.42 EPS for the current year.

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Murphy USA Company Profile

Murphy USA Inc operates a chain of retail stores in the United States. The company's retail stores offer motor fuel products and convenience merchandise. It operates retail stores under the Murphy USA and Murphy Express brand names. As of January 31, 2018, the company operated approximately 1,446 retail stores located primarily in the Southwest, Southeast, and Midwest United States.

Further Reading: Market Capitalization – What it Means for Investors

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

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