Mount Yale Investment Advisors LLC Sells 46 Shares of Murphy USA Inc. (NYSE:MUSA)

Mount Yale Investment Advisors LLC trimmed its stake in Murphy USA Inc. (NYSE:MUSA) by 10.2% during the fourth quarter, Holdings Channel reports. The fund owned 407 shares of the specialty retailer’s stock after selling 46 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Murphy USA were worth $204,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. International Assets Investment Management LLC raised its position in shares of Murphy USA by 49,501.3% in the third quarter. International Assets Investment Management LLC now owns 388,874 shares of the specialty retailer’s stock valued at $191,664,000 after purchasing an additional 388,090 shares during the period. JPMorgan Chase & Co. raised its holdings in Murphy USA by 69.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 428,379 shares of the specialty retailer’s stock worth $211,135,000 after acquiring an additional 176,308 shares during the period. Fiera Capital Corp acquired a new position in Murphy USA during the 3rd quarter worth $53,387,000. FMR LLC boosted its holdings in Murphy USA by 6.0% during the third quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer’s stock valued at $863,116,000 after acquiring an additional 99,253 shares during the period. Finally, World Investment Advisors LLC acquired a new stake in shares of Murphy USA in the third quarter valued at about $30,122,000. 80.81% of the stock is owned by institutional investors.

Murphy USA Stock Performance

NYSE:MUSA opened at $494.24 on Thursday. The firm’s 50-day moving average is $514.52 and its 200-day moving average is $506.79. The company has a market cap of $10.01 billion, a price-to-earnings ratio of 20.39 and a beta of 0.80. 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 52-week low of $350.55 and a 52-week high of $561.08.

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

Analysts Set New Price Targets

Separately, StockNews.com downgraded Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $509.40.

Murphy USA Company 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.