Peterson Wealth Services Invests $480,000 in Murphy USA Inc. (NYSE:MUSA)

Peterson Wealth Services purchased a new stake in shares of Murphy USA Inc. (NYSE:MUSA) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 956 shares of the specialty retailer’s stock, valued at approximately $480,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC grew its stake in shares of Murphy USA by 6.0% during the third quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer’s stock valued at $863,116,000 after acquiring an additional 99,253 shares in the last quarter. State Street Corp grew its stake in Murphy USA by 1.5% during the 3rd quarter. State Street Corp now owns 590,558 shares of the specialty retailer’s stock valued at $291,068,000 after purchasing an additional 8,507 shares in the last quarter. JPMorgan Chase & Co. increased its holdings 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 purchasing an additional 176,308 shares during the last quarter. International Assets Investment Management LLC increased its holdings in 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 purchasing an additional 388,090 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Murphy USA by 4.3% in the 3rd quarter. Geode Capital Management LLC now owns 388,271 shares of the specialty retailer’s stock valued at $191,407,000 after purchasing an additional 16,006 shares in the last quarter. Hedge funds and other institutional investors own 80.81% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Murphy USA from $555.00 to $550.00 and set an “overweight” rating for the company in a research report on Friday. StockNews.com raised shares of Murphy USA from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Royal Bank of Canada increased their price target on shares of Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $510.80.

Murphy USA Stock Up 1.6 %

Shares of NYSE:MUSA opened at $488.57 on Tuesday. Murphy USA Inc. has a 1-year low of $382.04 and a 1-year high of $561.08. The company’s fifty day moving average is $507.04 and its two-hundred day moving average is $506.85. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.41 and a current ratio of 0.79. The stock has a market capitalization of $9.89 billion, a price-to-earnings ratio of 20.19 and a beta of 0.79.

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

Murphy USA 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.