Rosemary Turner Sells 205 Shares of Murphy USA Inc. (NYSE:MUSA) Stock

Murphy USA Inc. (NYSE:MUSA) Director Rosemary Turner sold 205 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $400.00, for a total value of $82,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Murphy USA Price Performance

Shares of MUSA stock traded up $10.36 during mid-day trading on Tuesday, hitting $412.92. 346,627 shares of the stock were exchanged, compared to its average volume of 219,626. The company has a quick ratio of 0.54, a current ratio of 0.87 and a debt-to-equity ratio of 2.28. Murphy USA Inc. has a 52-week low of $268.69 and a 52-week high of $430.83. The firm has a fifty day moving average of $414.77 and a 200 day moving average of $385.36. The company has a market cap of $8.59 billion, a PE ratio of 16.89 and a beta of 0.77.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, May 1st. The specialty retailer reported $3.12 earnings per share for the quarter, missing analysts’ consensus estimates of $4.09 by ($0.97). The company had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.89 billion. Murphy USA had a net margin of 2.43% and a return on equity of 64.45%. The company’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same period in the prior year, the business posted $4.80 earnings per share. Research analysts anticipate that Murphy USA Inc. will post 26.29 earnings per share for the current year.

Murphy USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, February 26th were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, February 23rd. This is a positive change from Murphy USA’s previous quarterly dividend of $0.41. This represents a $1.68 dividend on an annualized basis and a yield of 0.41%. Murphy USA’s dividend payout ratio is 7.05%.

Analyst Ratings Changes

MUSA has been the topic of a number of research analyst reports. Stephens reissued an “overweight” rating and issued a $470.00 price target on shares of Murphy USA in a report on Wednesday, April 10th. Wells Fargo & Company upped their price target on shares of Murphy USA from $440.00 to $460.00 and gave the company an “overweight” rating in a research report on Friday, April 19th. Finally, Royal Bank of Canada raised their price objective on shares of Murphy USA from $382.00 to $408.00 and gave the company a “sector perform” rating in a research report on Thursday, February 8th. One 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $408.60.

Institutional Trading of Murphy USA

Several hedge funds have recently modified their holdings of MUSA. UMB Bank n.a. boosted its stake in Murphy USA by 191.7% in the fourth quarter. UMB Bank n.a. now owns 70 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 46 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in Murphy USA during the fourth quarter worth approximately $25,000. JFS Wealth Advisors LLC grew its position in shares of Murphy USA by 394.7% during the fourth quarter. JFS Wealth Advisors LLC now owns 94 shares of the specialty retailer’s stock worth $34,000 after acquiring an additional 75 shares during the last quarter. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Murphy USA in the 4th quarter valued at $44,000. Finally, Delta Asset Management LLC TN boosted its stake in Murphy USA by 70.7% during the 4th quarter. Delta Asset Management LLC TN now owns 128 shares of the specialty retailer’s stock worth $46,000 after purchasing an additional 53 shares during the period. 80.81% of the stock is currently owned by institutional investors and hedge funds.

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.