Mutual of America Capital Management LLC lowered its holdings in shares of Murphy USA Inc. (NYSE:MUSA) by 4.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,839 shares of the specialty retailer’s stock after selling 1,169 shares during the period. Mutual of America Capital Management LLC owned about 0.08% of Murphy USA worth $1,921,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. NGAM Advisors L.P. boosted its stake in Murphy USA by 6.0% during the second quarter. NGAM Advisors L.P. now owns 25,752 shares of the specialty retailer’s stock worth $1,908,000 after buying an additional 1,462 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Murphy USA by 4.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 78,126 shares of the specialty retailer’s stock worth $5,790,000 after buying an additional 3,314 shares in the last quarter. Virginia Retirement Systems ET AL boosted its stake in Murphy USA by 6.5% during the second quarter. Virginia Retirement Systems ET AL now owns 37,900 shares of the specialty retailer’s stock worth $2,809,000 after buying an additional 2,300 shares in the last quarter. Legal & General Group Plc boosted its stake in Murphy USA by 1.6% during the second quarter. Legal & General Group Plc now owns 99,613 shares of the specialty retailer’s stock worth $7,377,000 after buying an additional 1,568 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Murphy USA by 30.3% during the second quarter. JPMorgan Chase & Co. now owns 1,216,985 shares of the specialty retailer’s stock worth $90,192,000 after buying an additional 282,812 shares in the last quarter. Hedge funds and other institutional investors own 97.11% of the company’s stock.

In related news, EVP Daryl R. Schofield bought 3,000 shares of Murphy USA stock in a transaction dated Thursday, August 17th. The shares were bought at an average cost of $66.00 per share, with a total value of $198,000.00. Following the acquisition, the executive vice president now owns 3,000 shares in the company, valued at approximately $198,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP John A. Moore sold 1,030 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $71.46, for a total value of $73,603.80. Following the sale, the senior vice president now directly owns 18,169 shares in the company, valued at $1,298,356.74. The disclosure for this sale can be found here. Corporate insiders own 7.30% of the company’s stock.

A number of equities research analysts have weighed in on MUSA shares. BidaskClub upgraded shares of Murphy USA from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 5th. Jefferies Group LLC reiterated a “buy” rating and set a $83.00 price target (up previously from $77.00) on shares of Murphy USA in a research note on Monday, July 17th. William Blair started coverage on shares of Murphy USA in a research note on Wednesday, July 12th. They set a “market perform” rating on the stock. Finally, Zacks Investment Research downgraded shares of Murphy USA from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $84.50.

ILLEGAL ACTIVITY NOTICE: “Mutual of America Capital Management LLC Sells 1,169 Shares of Murphy USA Inc. (MUSA)” was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this story on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this story can be read at https://theolympiareport.com/2017/11/01/mutual-of-america-capital-management-llc-sells-1169-shares-of-murphy-usa-inc-musa.html.

Murphy USA Inc. (MUSA) opened at 74.36 on Wednesday. Murphy USA Inc. has a one year low of $57.13 and a one year high of $79.98. The firm’s 50 day moving average price is $70.90 and its 200-day moving average price is $70.01. The company has a market capitalization of $2.68 billion, a PE ratio of 19.83 and a beta of 0.72.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.42. The company had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.27 billion. Murphy USA had a return on equity of 20.19% and a net margin of 1.15%. Murphy USA’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.17 EPS. Equities analysts forecast that Murphy USA Inc. will post $3.81 earnings per share for the current fiscal year.

Murphy USA Profile

Murphy USA Inc is engaged in the marketing of retail motor fuel products and merchandise through a chain of retail stores. The Company operates through the Marketing segment. The Marketing segment includes its retail marketing sites and product supply, and wholesale assets. As of December 31, 2016, its retail stores were located in 26 states, primarily in the Southwest, Southeast and Midwest the United States.

Institutional Ownership by Quarter for Murphy USA (NYSE:MUSA)

Receive News & Ratings for Murphy USA Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murphy USA Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.