Empowered Funds LLC Sells 7,747 Shares of Murphy USA Inc. (NYSE:MUSA)

Empowered Funds LLC decreased its position in shares of Murphy USA Inc. (NYSE:MUSA) by 37.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,938 shares of the specialty retailer’s stock after selling 7,747 shares during the quarter. Empowered Funds LLC owned about 0.06% of Murphy USA worth $6,492,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MUSA. V Square Quantitative Management LLC increased its holdings in Murphy USA by 40.4% in the third quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 21 shares in the last quarter. Brown Lisle Cummings Inc. bought a new stake in shares of Murphy USA in the 4th quarter valued at $50,000. Fortitude Family Office LLC lifted its position 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 valued at $52,000 after acquiring an additional 67 shares during the period. R Squared Ltd bought a new position in Murphy USA during the fourth quarter worth $55,000. Finally, Versant Capital Management Inc grew its holdings in Murphy USA by 348.4% in the fourth quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock worth $70,000 after purchasing an additional 108 shares during the period. Institutional investors and hedge funds own 80.81% of the company’s stock.

Murphy USA Stock Performance

Shares of Murphy USA stock opened at $488.57 on Tuesday. Murphy USA Inc. has a 52 week low of $382.04 and a 52 week high of $561.08. The company has a quick ratio of 0.41, a current ratio of 0.79 and a debt-to-equity ratio of 2.18. The business has a 50 day moving average price of $507.04 and a 200-day moving average price of $506.85. The company has a market cap of $9.89 billion, a PE ratio of 20.19 and a beta of 0.79.

Murphy USA (NYSE:MUSA) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 EPS for the quarter, beating 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%. Equities analysts anticipate that Murphy USA Inc. will post 26.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MUSA shares. Royal Bank of Canada upped their price objective on shares of Murphy USA from $550.00 to $554.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. StockNews.com raised Murphy USA from a “hold” rating to a “buy” rating in a research note on Friday. Finally, Wells Fargo & Company reduced their price objective on Murphy USA from $555.00 to $550.00 and set an “overweight” rating for the company in a research note on Friday. One equities research 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.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $510.80.

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.