Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Murphy USA Inc. (NYSE:MUSA)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Murphy USA Inc. (NYSE:MUSA - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 7,840 shares of the specialty retailer's stock, valued at approximately $3,683,000.

Other large investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC bought a new position in Murphy USA during the 1st quarter worth $27,000. Golden State Wealth Management LLC bought a new position in shares of Murphy USA in the first quarter worth $40,000. CX Institutional bought a new position in shares of Murphy USA in the first quarter worth $59,000. Johnson Financial Group Inc. bought a new position in shares of Murphy USA in the fourth quarter worth $64,000. Finally, Farther Finance Advisors LLC increased its position in shares of Murphy USA by 63.5% in the first quarter. Farther Finance Advisors LLC now owns 157 shares of the specialty retailer's stock worth $75,000 after purchasing an additional 61 shares during the period. Institutional investors own 80.81% of the company's stock.

Insider Activity at Murphy USA

In other news, Director David C. Haley purchased 1,000 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were purchased at an average cost of $435.58 per share, with a total value of $435,580.00. Following the completion of the purchase, the director owned 1,000 shares of the company's stock, valued at $435,580. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Insiders own 9.04% of the company's stock.

Analysts Set New Price Targets

MUSA has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased their price target on Murphy USA from $520.00 to $440.00 and set an "overweight" rating on the stock in a research report on Friday. Stephens decreased their price target on Murphy USA from $530.00 to $475.00 and set an "overweight" rating on the stock in a research report on Friday, May 9th. KeyCorp reduced their price objective on Murphy USA from $500.00 to $480.00 and set an "overweight" rating on the stock in a research note on Friday, July 25th. Jefferies Financial Group lowered Murphy USA from a "buy" rating to a "hold" rating and set a $350.00 price objective on the stock. in a research note on Friday. Finally, Raymond James Financial lowered Murphy USA from an "outperform" rating to a "market perform" rating in a research note on Friday, May 9th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $484.88.

Murphy USA Trading Down 2.8%

Shares of MUSA stock traded down $10.10 during mid-day trading on Friday, reaching $352.38. 299,226 shares of the stock traded hands, compared to its average volume of 292,320. The stock's fifty day simple moving average is $418.49 and its two-hundred day simple moving average is $456.06. Murphy USA Inc. has a 1-year low of $345.23 and a 1-year high of $561.08. The company has a market cap of $6.96 billion, a price-to-earnings ratio of 14.59 and a beta of 0.48. The company has a quick ratio of 0.39, a current ratio of 0.80 and a debt-to-equity ratio of 2.74.

Murphy USA (NYSE:MUSA - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The specialty retailer reported $7.36 EPS for the quarter, beating analysts' consensus estimates of $6.82 by $0.54. Murphy USA had a return on equity of 61.57% and a net margin of 2.52%. The firm had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.17 billion. During the same period last year, the firm posted $6.92 earnings per share. The business's revenue for the quarter was down 8.2% on a year-over-year basis. On average, research analysts anticipate that Murphy USA Inc. will post 26.45 EPS 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.