Applied Capital LLC FL grew its holdings in shares of Murphy USA Inc. (NYSE:MUSA – Free Report) by 8.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 526 shares of the specialty retailer’s stock after buying an additional 41 shares during the quarter. Applied Capital LLC FL’s holdings in Murphy USA were worth $264,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. V Square Quantitative Management LLC boosted its position in Murphy USA by 40.4% in the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock valued at $36,000 after buying an additional 21 shares during the period. Fortitude Family Office LLC raised its stake in shares of Murphy USA by 186.1% during the fourth quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock valued at $52,000 after acquiring an additional 67 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Murphy USA by 348.4% in the fourth quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 108 shares during the period. Key Financial Inc grew its stake in Murphy USA by 942.9% in the third quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock worth $72,000 after purchasing an additional 132 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Murphy USA during the 2nd quarter worth $94,000. Institutional investors own 80.81% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Murphy USA from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Murphy USA has a consensus rating of “Moderate Buy” and an average price target of $509.40.
Murphy USA Stock Down 1.1 %
Murphy USA stock opened at $476.54 on Friday. The company has a quick ratio of 0.41, a current ratio of 0.80 and a debt-to-equity ratio of 2.19. The firm has a market cap of $9.65 billion, a P/E ratio of 19.66 and a beta of 0.80. The business has a fifty day moving average of $516.39 and a two-hundred day moving average of $506.33. Murphy USA Inc. has a twelve month low of $350.55 and a twelve month high of $561.08.
Murphy USA (NYSE:MUSA – Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share for the quarter, topping analysts’ consensus estimates of $6.64 by $0.56. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. The firm had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the prior year, the business posted $7.69 EPS. The firm’s quarterly revenue was down 9.6% on a year-over-year basis. On average, analysts forecast that Murphy USA Inc. will post 23.6 earnings per share for the current fiscal year.
Murphy USA Company Profile
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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