Hancock Whitney Corp Sells 2,572 Shares of Murphy USA Inc (NYSE:MUSA)

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Hancock Whitney Corp reduced its position in shares of Murphy USA Inc (NYSE:MUSA) by 13.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,246 shares of the specialty retailer’s stock after selling 2,572 shares during the quarter. Hancock Whitney Corp’s holdings in Murphy USA were worth $1,901,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of MUSA. Cubist Systematic Strategies LLC bought a new stake in Murphy USA during the 2nd quarter valued at $36,000. Tower Research Capital LLC TRC raised its holdings in Murphy USA by 41.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 650 shares of the specialty retailer’s stock valued at $55,000 after buying an additional 192 shares during the last quarter. Quest Capital Management Inc. ADV bought a new stake in Murphy USA during the 3rd quarter valued at $62,000. Meeder Asset Management Inc. raised its holdings in Murphy USA by 40,700.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 816 shares of the specialty retailer’s stock valued at $70,000 after buying an additional 814 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Murphy USA by 13.1% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,863 shares of the specialty retailer’s stock valued at $159,000 after buying an additional 216 shares during the last quarter. Institutional investors own 85.94% of the company’s stock.

Shares of Murphy USA stock opened at $105.08 on Friday. The company has a current ratio of 1.41, a quick ratio of 0.96 and a debt-to-equity ratio of 1.24. The company’s fifty day simple moving average is $110.79 and its two-hundred day simple moving average is $102.42. The company has a market cap of $3.24 billion, a P/E ratio of 20.05, a PEG ratio of 4.16 and a beta of 0.75. Murphy USA Inc has a 12-month low of $74.83 and a 12-month high of $121.24.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, January 29th. The specialty retailer reported $1.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.46 by $0.08. The business had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.57 billion. Murphy USA had a net margin of 1.10% and a return on equity of 20.84%. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.38 EPS. Analysts predict that Murphy USA Inc will post 5.63 EPS for the current fiscal year.

MUSA has been the subject of a number of recent analyst reports. ValuEngine lowered shares of Murphy USA from a “hold” rating to a “sell” rating in a report on Saturday, February 1st. JPMorgan Chase & Co. upgraded shares of Murphy USA from an “underweight” rating to a “neutral” rating and upped their price target for the company from $100.00 to $102.00 in a report on Monday, February 3rd. Finally, Wells Fargo & Co boosted their price objective on shares of Murphy USA from $80.00 to $87.00 and gave the company a “market perform” rating in a research report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $95.00.

Murphy USA 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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