Davidson Capital Management Inc. raised its stake in Murphy USA Inc. (NYSE:MUSA – Free Report) by 4.8% in the fourth quarter, Holdings Channel reports. The firm owned 6,534 shares of the specialty retailer’s stock after acquiring an additional 299 shares during the quarter. Davidson Capital Management Inc.’s holdings in Murphy USA were worth $3,278,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Murphy USA by 17.9% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,159 shares of the specialty retailer’s stock worth $571,000 after purchasing an additional 176 shares during the last quarter. Creative Planning grew its holdings in Murphy USA by 4.8% during the third quarter. Creative Planning now owns 2,340 shares of the specialty retailer’s stock worth $1,153,000 after purchasing an additional 107 shares during the period. Kapitalo Investimentos Ltda increased its position in Murphy USA by 100.6% during the third quarter. Kapitalo Investimentos Ltda now owns 985 shares of the specialty retailer’s stock worth $485,000 after buying an additional 494 shares during the last quarter. Applied Capital LLC FL bought a new stake in Murphy USA in the third quarter valued at approximately $239,000. Finally, nVerses Capital LLC lifted its position in shares of Murphy USA by 18.2% in the third quarter. nVerses Capital LLC now owns 1,300 shares of the specialty retailer’s stock valued at $641,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 80.81% of the company’s stock.
Wall Street Analyst Weigh In
MUSA has been the topic of a number of research analyst reports. Wells Fargo & Company dropped their price target on Murphy USA from $555.00 to $550.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Royal Bank of Canada boosted their price objective on Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Finally, StockNews.com raised Murphy USA from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Murphy USA presently has an average rating of “Moderate Buy” and an average price target of $510.80.
Murphy USA Price Performance
Shares of Murphy USA stock opened at $483.88 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 0.79 and a debt-to-equity ratio of 2.18. The stock has a market capitalization of $9.80 billion, a price-to-earnings ratio of 19.99 and a beta of 0.79. Murphy USA Inc. has a twelve month low of $382.04 and a twelve month high of $561.08. The company has a 50-day simple moving average of $505.89 and a two-hundred day simple moving average of $506.67.
Murphy USA (NYSE:MUSA – Get Free Report) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share for the quarter, beating analysts’ consensus estimates of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. Analysts forecast that Murphy USA Inc. will post 26.47 EPS for the current year.
About Murphy USA
Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.
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