Murphy USA Inc. (NYSE:MUSA) Shares Bought by Narwhal Capital Management

Narwhal Capital Management grew its holdings in Murphy USA Inc. (NYSE:MUSA) by 460.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,754 shares of the specialty retailer’s stock after buying an additional 5,549 shares during the period. Narwhal Capital Management’s holdings in Murphy USA were worth $3,389,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. V Square Quantitative Management LLC raised its holdings 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 valued at $36,000 after acquiring an additional 21 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in shares of Murphy USA by 186.1% during the 4th quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 67 shares during the last quarter. Versant Capital Management Inc grew its position in shares of Murphy USA by 348.4% in the fourth quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 108 shares in the last quarter. Key Financial Inc increased its holdings in shares of Murphy USA by 942.9% in the third quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock valued at $72,000 after purchasing an additional 132 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Murphy USA during the second quarter worth approximately $94,000. 80.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded 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 given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $509.40.

Murphy USA Trading Down 1.1 %

MUSA opened at $476.54 on Monday. The stock has a market capitalization of $9.65 billion, a PE ratio of 19.66 and a beta of 0.80. Murphy USA Inc. has a one year low of $350.55 and a one year high of $561.08. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.41 and a current ratio of 0.80. The business’s 50 day moving average price is $516.39 and its 200 day moving average price is $506.63.

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