Murphy USA Inc (NYSE:MUSA) Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its position in shares of Murphy USA Inc (NYSE:MUSA) by 41.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 295,400 shares of the specialty retailer’s stock after purchasing an additional 86,500 shares during the quarter. Renaissance Technologies LLC owned 0.92% of Murphy USA worth $24,822,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of MUSA. Arizona State Retirement System grew its stake in Murphy USA by 0.8% in the 2nd quarter. Arizona State Retirement System now owns 21,714 shares of the specialty retailer’s stock valued at $1,825,000 after acquiring an additional 170 shares during the period. Oregon Public Employees Retirement Fund grew its stake in Murphy USA by 1.5% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 12,018 shares of the specialty retailer’s stock valued at $1,010,000 after acquiring an additional 172 shares during the period. Mason Street Advisors LLC grew its stake in Murphy USA by 1.6% in the 1st quarter. Mason Street Advisors LLC now owns 15,955 shares of the specialty retailer’s stock valued at $1,366,000 after acquiring an additional 249 shares during the period. Advisor Group Inc. grew its stake in Murphy USA by 61.2% in the 2nd quarter. Advisor Group Inc. now owns 851 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 323 shares during the period. Finally, Prudential Financial Inc. grew its stake in Murphy USA by 1.5% in the 2nd quarter. Prudential Financial Inc. now owns 26,878 shares of the specialty retailer’s stock valued at $2,259,000 after acquiring an additional 388 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.

MUSA stock traded down $0.33 during midday trading on Friday, reaching $90.59. The stock had a trading volume of 251,628 shares, compared to its average volume of 314,856. The company’s fifty day simple moving average is $89.31 and its 200 day simple moving average is $84.61. The company has a current ratio of 1.13, a quick ratio of 0.77 and a debt-to-equity ratio of 1.02. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 5.65 and a beta of 0.71. Murphy USA Inc has a 52-week low of $69.98 and a 52-week high of $94.71.



Murphy USA (NYSE:MUSA) last announced its quarterly earnings data on Wednesday, July 31st. The specialty retailer reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.15). The firm had revenue of $3.80 billion during the quarter, compared to analysts’ expectations 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 for the quarter was down .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.58 EPS. Sell-side analysts predict that Murphy USA Inc will post 4.03 EPS for the current year.

MUSA has been the topic of a number of research analyst reports. TheStreet raised shares of Murphy USA from a “c+” rating to a “b+” rating in a research note on Wednesday, July 31st. Zacks Investment Research raised shares of Murphy USA from a “hold” rating to a “buy” rating and set a $91.00 price target on the stock in a research note on Monday, July 8th. Finally, ValuEngine cut shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $84.00.

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.

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

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