Davidson Capital Management Inc. Acquires 299 Shares of Murphy USA Inc. (NYSE:MUSA)

Davidson Capital Management Inc. increased its holdings in shares of Murphy USA Inc. (NYSE:MUSA) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,534 shares of the specialty retailer’s stock after buying an additional 299 shares during the period. Davidson Capital Management Inc.’s holdings in Murphy USA were worth $3,278,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its position in shares of Murphy USA by 49,501.3% during the 3rd quarter. International Assets Investment Management LLC now owns 388,874 shares of the specialty retailer’s stock worth $191,664,000 after buying an additional 388,090 shares during the period. JPMorgan Chase & Co. boosted its stake in Murphy USA by 69.9% during 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 last quarter. Fiera Capital Corp acquired a new position in Murphy USA during the third quarter valued at approximately $53,387,000. FMR LLC increased its stake in Murphy USA by 6.0% in the third quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer’s stock valued at $863,116,000 after purchasing an additional 99,253 shares in the last quarter. Finally, World Investment Advisors LLC bought a new stake in Murphy USA in the third quarter valued at approximately $30,122,000. 80.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on MUSA. Wells Fargo & Company dropped their price target on Murphy USA from $555.00 to $550.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. StockNews.com upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a report on Friday, February 7th. Finally, Royal Bank of Canada lifted their price target on shares of Murphy USA from $550.00 to $554.00 and gave the company a “sector perform” rating in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $510.80.

Murphy USA Stock Down 1.0 %

MUSA stock opened at $483.88 on Wednesday. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.79 and a quick ratio of 0.41. The stock has a market capitalization of $9.80 billion, a P/E ratio of 19.99 and a beta of 0.79. Murphy USA Inc. has a fifty-two week low of $382.04 and a fifty-two week high of $561.08. The business has a 50-day moving average of $505.89 and a 200-day moving average of $506.67.

Murphy USA (NYSE:MUSA) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share for the quarter, topping analysts’ consensus estimates of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. On average, sell-side analysts anticipate that Murphy USA Inc. will post 26.47 earnings per share for the current fiscal year.

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.