Invictus RG Purchases New Position in Murphy USA Inc. (MUSA)

Invictus RG acquired a new position in Murphy USA Inc. (NYSE:MUSA) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,381 shares of the specialty retailer’s stock, valued at approximately $322,000.

Other large investors have also modified their holdings of the company. Fifth Third Bancorp raised its stake in shares of Murphy USA by 29.3% in the first quarter. Fifth Third Bancorp now owns 1,945 shares of the specialty retailer’s stock worth $143,000 after buying an additional 441 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Murphy USA by 49.0% in the first quarter. Victory Capital Management Inc. now owns 2,232 shares of the specialty retailer’s stock worth $164,000 after buying an additional 734 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Murphy USA during the fourth quarter worth $198,000. Grimes & Company Inc. acquired a new stake in shares of Murphy USA during the first quarter worth $204,000. Finally, First Republic Investment Management Inc. acquired a new stake in shares of Murphy USA during the fourth quarter worth $211,000. Hedge funds and other institutional investors own 98.27% of the company’s stock.

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

Murphy USA Inc. (MUSA) traded up 1.96% on Friday, hitting $71.20. The stock had a trading volume of 688,992 shares. Murphy USA Inc. has a 1-year low of $57.13 and a 1-year high of $80.44. The stock’s 50-day moving average is $68.06 and its 200 day moving average is $67.38. The firm has a market capitalization of $2.62 billion, a price-to-earnings ratio of 20.66 and a beta of 0.69.

Murphy USA (NYSE:MUSA) last issued its earnings results on Monday, May 1st. The specialty retailer reported ($0.08) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.08). The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.06 billion. Murphy USA had a return on equity of 18.37% and a net margin of 1.10%. The firm’s quarterly revenue was up 20.5% on a year-over-year basis. During the same quarter last year, the business posted $2.08 EPS. On average, equities research analysts predict that Murphy USA Inc. will post $3.40 earnings per share for the current fiscal year.

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A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company lowered Murphy USA from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 18th. Zacks Investment Research lowered Murphy USA from a “hold” rating to a “sell” rating in a research report on Wednesday, April 12th. Jefferies Group LLC cut their price objective on Murphy USA from $78.00 to $77.00 and set a “buy” rating on the stock in a research report on Wednesday, May 3rd. Finally, Stephens lowered their target price on Murphy USA from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Wednesday, May 3rd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $79.75.

In other news, SVP John P. Corrigan bought 1,000 shares of Murphy USA stock in a transaction that occurred on Thursday, May 4th. The stock was bought at an average price of $65.01 per share, for a total transaction of $65,010.00. Following the purchase, the senior vice president now directly owns 2,000 shares of the company’s stock, valued at approximately $130,020. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James W. Keyes bought 4,000 shares of Murphy USA stock in a transaction that occurred on Thursday, May 4th. The stock was purchased at an average price of $65.20 per share, with a total value of $260,800.00. Following the purchase, the director now directly owns 9,650 shares in the company, valued at $629,180. The disclosure for this purchase can be found here. Company insiders own 7.30% of the company’s stock.

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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