Murphy USA Inc. (NYSE:MUSA) Shares Purchased by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC increased its stake in Murphy USA Inc. (NYSE:MUSA) by 14.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,914 shares of the specialty retailer’s stock after purchasing an additional 1,002 shares during the period. Exchange Traded Concepts LLC’s holdings in Murphy USA were worth $3,971,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Larson Financial Group LLC lifted its stake in shares of Murphy USA by 5.4% during the third quarter. Larson Financial Group LLC now owns 391 shares of the specialty retailer’s stock worth $193,000 after buying an additional 20 shares during the period. V Square Quantitative Management LLC raised its stake 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 worth $36,000 after acquiring an additional 21 shares during the last quarter. UMB Bank n.a. lifted its position in Murphy USA by 6.4% during the 4th quarter. UMB Bank n.a. now owns 347 shares of the specialty retailer’s stock worth $174,000 after acquiring an additional 21 shares during the period. Mustard Seed Financial LLC grew its stake in Murphy USA by 2.7% during the 4th quarter. Mustard Seed Financial LLC now owns 1,123 shares of the specialty retailer’s stock valued at $564,000 after purchasing an additional 30 shares during the last quarter. Finally, First Hawaiian Bank increased its holdings in shares of Murphy USA by 2.3% in the fourth quarter. First Hawaiian Bank now owns 1,394 shares of the specialty retailer’s stock valued at $699,000 after purchasing an additional 32 shares during the period. Hedge funds and other institutional investors own 80.81% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Murphy USA from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Murphy USA currently has a consensus rating of “Moderate Buy” and a consensus price target of $509.40.

Murphy USA Stock Performance

NYSE MUSA opened at $476.54 on Friday. The firm has a market capitalization of $9.65 billion, a P/E ratio of 19.66 and a beta of 0.80. The stock has a 50-day simple moving average of $516.39 and a two-hundred day simple moving average of $506.33. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.41 and a current ratio of 0.80. Murphy USA Inc. has a fifty-two week low of $350.55 and a fifty-two week high of $561.08.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.64 by $0.56. The company had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.54 billion. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. Murphy USA’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same period in the previous year, the company posted $7.69 earnings per share. On average, equities analysts forecast that Murphy USA Inc. will post 23.6 earnings per share for the current year.

Murphy USA 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.