Brown Advisory Inc Increased Murphy Usa Inc (NYSE:MUSA) Stake by $18.77 Million

August 12, 2018 - By Brian Ramirez

Murphy USA Inc. (NYSE:MUSA) LogoInvestors sentiment decreased to 0.53 in 2018 Q1. Its down 0.21, from 0.74 in 2017Q4. It dived, as 28 investors sold MUSA shares while 109 reduced holdings. 29 funds opened positions while 43 raised stakes. 27.86 million shares or 6.71% less from 29.87 million shares in 2017Q4 were reported. Regions Fincl owns 4,560 shares. 279,079 were accumulated by Geode Capital Mngmt Ltd Com. Brandywine Invest Mgmt Limited Liability Com holds 0.03% of its portfolio in Murphy USA Inc. (NYSE:MUSA) for 67,006 shares. The Kentucky-based River Road Asset Mgmt Llc has invested 0.66% in Murphy USA Inc. (NYSE:MUSA). Denali Ltd Liability holds 0.45% of its portfolio in Murphy USA Inc. (NYSE:MUSA) for 38,700 shares. Gabelli Funds Limited Liability reported 107,200 shares. Tiaa Cref Management Ltd Company reported 100,279 shares. Panagora Asset Management, a Massachusetts-based fund reported 2,050 shares. Parallax Volatility Advisers Lp, California-based fund reported 745 shares. Renaissance Ltd holds 0% of its portfolio in Murphy USA Inc. (NYSE:MUSA) for 15,800 shares. Raymond James Financial Advsr Inc reported 0% of its portfolio in Murphy USA Inc. (NYSE:MUSA). Teachers Retirement Sys Of The State Of Kentucky, Kentucky-based fund reported 8,799 shares. 91,495 were accumulated by First Advsr Limited Partnership. Texas Permanent School Fund holds 0.02% of its portfolio in Murphy USA Inc. (NYSE:MUSA) for 20,851 shares. State Treasurer State Of Michigan has 11,525 shares for 0.01% of their portfolio.

Brown Advisory Inc increased its stake in Murphy Usa Inc (NYSE:MUSA) by 195.85% based on its latest 2018Q2 regulatory filing with the SEC. Brown Advisory Inc bought 253,647 shares as the company’s stock declined 10.85% with the market. The institutional investor held 383,155 shares of the automotive aftermarket company at the end of 2018Q2, valued at $28.46 million, up from 129,508 at the end of the previous reported quarter. Brown Advisory Inc who had been investing in Murphy Usa Inc for a number of months, seems to be bullish on the $2.71B market cap company. The stock decreased 0.78% or $0.66 during the last trading session, reaching $84.12. About 353,141 shares traded. Murphy USA Inc. (NYSE:MUSA) has declined 2.10% since August 13, 2017 and is downtrending. It has underperformed by 14.67% the S&P500.

Brown Advisory Inc, which manages about $32.51B US Long portfolio, decreased its stake in Charter Communications Inc N () by 759,772 shares to 21,638 shares, valued at $6.34M in 2018Q2, according to the filing. It also reduced its holding in Liberty Media Corp Delaware () by 457,605 shares in the quarter, leaving it with 9,295 shares, and cut its stake in Qualcomm Inc (NASDAQ:QCOM).

Murphy USA Inc. (NYSE:MUSA) Ratings Coverage

Among 2 analysts covering Murphy (NYSE:MUSA), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Murphy had 2 analyst reports since April 13, 2018 according to SRatingsIntel. The rating was downgraded by Jefferies on Friday, April 13 to “Hold”. The rating was maintained by Stephens with “Hold” on Wednesday, April 11.

Murphy USA Inc. operates a chain of retail stores in the United States. The company has market cap of $2.71 billion. The companyÂ’s retail stores offer motor fuel products and convenience merchandise. It has a 10.2 P/E ratio. As of January 3, 2017, it operated approximately 1,400 retail stores located primarily in the Southwest, Southeast, and Midwest United States.

More recent Murphy USA Inc. (NYSE:MUSA) news were published by: which released: “Murphy USA, Inc. (MUSA) CEO Andrew Clyde on Q2 2018 Results – Earnings Call Transcript” on August 05, 2018. Also published the news titled: “Earnings Scheduled For August 1, 2018” on August 01, 2018.‘s news article titled: “Good Signs From Murphy USA” with publication date: July 16, 2018 was also an interesting one.

Murphy USA Inc. (NYSE:MUSA) Institutional Positions Chart

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