Mustard Seed Financial LLC Raises Holdings in Murphy USA Inc. (NYSE:MUSA)

Mustard Seed Financial LLC raised its position in Murphy USA Inc. (NYSE:MUSA) by 2.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,123 shares of the specialty retailer’s stock after purchasing an additional 30 shares during the period. Mustard Seed Financial LLC’s holdings in Murphy USA were worth $564,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC boosted its stake in Murphy USA by 40.4% during the third quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after buying an additional 21 shares during the last quarter. Fortitude Family Office LLC raised 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 acquiring an additional 67 shares during the period. Versant Capital Management Inc boosted its position in shares of Murphy USA by 348.4% during the 4th quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock valued at $70,000 after acquiring an additional 108 shares during the last quarter. Key Financial Inc grew 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 period. Finally, EverSource Wealth Advisors LLC increased its position in Murphy USA by 135.4% during the second quarter. EverSource Wealth Advisors LLC now owns 186 shares of the specialty retailer’s stock worth $94,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 80.81% of the company’s stock.

Murphy USA Stock Down 1.0 %

Shares of NYSE:MUSA opened at $481.25 on Thursday. The company has a market capitalization of $9.75 billion, a price-to-earnings ratio of 19.85 and a beta of 0.80. Murphy USA Inc. has a 12-month low of $350.55 and a 12-month high of $561.08. The business has a 50-day moving average price of $518.38 and a 200 day moving average price of $506.02. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share for the quarter, beating analysts’ consensus estimates of $6.64 by $0.56. Murphy USA had a net margin of 2.48% and a return on equity of 62.73%. The business had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same period last year, the business earned $7.69 earnings per share. The business’s revenue for the quarter was down 9.6% on a year-over-year basis. Sell-side analysts expect that Murphy USA Inc. will post 23.62 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.