Aperio Group LLC lifted its stake in shares of Murphy USA Inc (NYSE:MUSA) by 25.3% in the fourth quarter, HoldingsChannel reports. The firm owned 31,709 shares of the specialty retailer’s stock after buying an additional 6,407 shares during the period. Aperio Group LLC’s holdings in Murphy USA were worth $2,548,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Zions Bancorporation acquired a new position in Murphy USA during the third quarter worth about $106,000. State of Alaska Department of Revenue acquired a new position in Murphy USA during the fourth quarter worth about $158,000. Campbell & CO Investment Adviser LLC acquired a new position in Murphy USA during the third quarter worth about $208,000. Acadian Asset Management LLC acquired a new position in Murphy USA during the fourth quarter worth about $545,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Murphy USA by 10.7% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,341 shares of the specialty retailer’s stock worth $507,000 after acquiring an additional 711 shares during the last quarter. 95.95% of the stock is owned by institutional investors and hedge funds.
Murphy USA Inc (MUSA) opened at $74.95 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 1.15 and a debt-to-equity ratio of 1.17. The firm has a market cap of $2,567.77, a PE ratio of 10.85, a price-to-earnings-growth ratio of 1.80 and a beta of 0.77. Murphy USA Inc has a fifty-two week low of $62.76 and a fifty-two week high of $89.69.
A number of research firms recently weighed in on MUSA. Stephens set a $85.00 price target on shares of Murphy USA and gave the stock a “hold” rating in a research report on Tuesday, January 16th. Gabelli lowered shares of Murphy USA from a “buy” rating to a “hold” rating and set a $92.00 price target on the stock. in a research report on Thursday, January 11th. Jefferies Group restated a “buy” rating and set a $98.00 price target on shares of Murphy USA in a research report on Monday, January 8th. Zacks Investment Research upgraded shares of Murphy USA from a “hold” rating to a “strong-buy” rating and set a $98.00 price target on the stock in a research report on Thursday, February 1st. Finally, Wells Fargo & Co boosted their price target on shares of Murphy USA and gave the stock a “market perform” rating in a research report on Thursday, January 4th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Murphy USA currently has an average rating of “Hold” and a consensus target price of $93.25.
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Murphy USA Profile
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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