Investors Buy High Volume of Murphy USA Put Options (NYSE:MUSA)

Murphy USA Inc (NYSE:MUSA) was the target of unusually large options trading on Wednesday. Traders acquired 1,168 put options on the stock. This is an increase of approximately 2,236% compared to the average daily volume of 50 put options.

Several equities analysts recently weighed in on MUSA shares. Zacks Investment Research raised Murphy USA from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research report on Monday, July 8th. ValuEngine raised Murphy USA from a “hold” rating to a “buy” rating in a research report on Thursday, August 15th. Finally, TheStreet raised Murphy USA from a “c+” rating to a “b+” rating in a research report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $84.00.

Murphy USA stock opened at $89.29 on Friday. The business has a 50 day moving average price of $87.78 and a two-hundred day moving average price of $83.27. The company has a quick ratio of 0.77, a current ratio of 1.13 and a debt-to-equity ratio of 1.02. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 16.50, a price-to-earnings-growth ratio of 5.73 and a beta of 0.74. Murphy USA has a 12 month low of $69.98 and a 12 month high of $94.71.



Murphy USA (NYSE:MUSA) last posted its quarterly earnings results on Wednesday, July 31st. The specialty retailer reported $1.01 EPS for the quarter, missing the consensus estimate of $1.16 by ($0.15). The firm had revenue of $3.80 billion during the quarter, compared to analyst estimates of $3.56 billion. Murphy USA had a net margin of 1.13% and a return on equity of 20.38%. The company’s revenue was down .8% on a year-over-year basis. During the same period last year, the company earned $1.58 EPS. On average, analysts expect that Murphy USA will post 4.07 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of MUSA. Marshall Wace LLP acquired a new position in shares of Murphy USA in the 1st quarter worth approximately $9,363,000. FMR LLC raised its holdings in shares of Murphy USA by 92.3% in the 1st quarter. FMR LLC now owns 975,626 shares of the specialty retailer’s stock worth $83,532,000 after buying an additional 468,295 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in shares of Murphy USA by 5.0% in the 1st quarter. Parametric Portfolio Associates LLC now owns 163,491 shares of the specialty retailer’s stock worth $13,998,000 after buying an additional 7,754 shares in the last quarter. Spark Investment Management LLC raised its holdings in shares of Murphy USA by 38.3% in the 1st quarter. Spark Investment Management LLC now owns 81,200 shares of the specialty retailer’s stock worth $6,952,000 after buying an additional 22,500 shares in the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of Murphy USA in the 2nd quarter worth approximately $4,517,000. 85.46% of the stock is owned by hedge funds and other institutional investors.

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 December 31, 2018, the company operated approximately 1,474 retail stores, including 1,160 Murphy USA and 312 are standalone Murphy Express stores located primarily in the Southwest, Southeast, and Midwest United States.

Further Reading: Fundamental Analysis and Individual Investors

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