Murphy USA (NYSE:MUSA) SVP Sells $131,806.67 in Stock

Murphy USA Inc. (NYSE:MUSA) SVP Renee Bacon sold 353 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $373.39, for a total value of $131,806.67. Following the transaction, the senior vice president directly owned 5,927 shares in the company, valued at approximately $2,213,082.53. This represents a 5.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Murphy USA Price Performance

Murphy USA stock opened at $383.65 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.80 and a debt-to-equity ratio of 3.47. Murphy USA Inc. has a 12-month low of $345.23 and a 12-month high of $523.09. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 15.80, a P/E/G ratio of 2.66 and a beta of 0.38. The business’s 50-day simple moving average is $413.22 and its 200 day simple moving average is $391.91.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, February 4th. The specialty retailer reported $7.53 EPS for the quarter, topping the consensus estimate of $6.67 by $0.86. Murphy USA had a net margin of 2.43% and a return on equity of 75.75%. The company had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.88 billion. During the same quarter in the previous year, the company earned $6.96 EPS. Murphy USA’s revenue was up .7% on a year-over-year basis. As a group, research analysts anticipate that Murphy USA Inc. will post 26.45 earnings per share for the current year.

Analyst Ratings Changes

MUSA has been the topic of several analyst reports. KeyCorp set a $500.00 target price on Murphy USA in a research note on Thursday, February 5th. Royal Bank Of Canada cut their price target on shares of Murphy USA from $467.00 to $445.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Stephens decreased their price objective on shares of Murphy USA from $475.00 to $450.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Bank of America assumed coverage on shares of Murphy USA in a report on Friday, January 9th. They issued an “underperform” rating on the stock. Finally, Wells Fargo & Company reduced their price target on shares of Murphy USA from $410.00 to $400.00 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $457.50.

Institutional Trading of Murphy USA

Large investors have recently bought and sold shares of the business. Barclays PLC lifted its stake in Murphy USA by 318.6% in the third quarter. Barclays PLC now owns 424,818 shares of the specialty retailer’s stock valued at $164,940,000 after buying an additional 323,331 shares in the last quarter. Norges Bank acquired a new stake in shares of Murphy USA during the second quarter worth $93,967,000. Neuberger Berman Group LLC lifted its position in Murphy USA by 3,650.7% in the 2nd quarter. Neuberger Berman Group LLC now owns 180,858 shares of the specialty retailer’s stock valued at $73,573,000 after acquiring an additional 176,036 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Murphy USA by 676.7% in the 2nd quarter. Alliancebernstein L.P. now owns 170,215 shares of the specialty retailer’s stock worth $69,243,000 after purchasing an additional 148,301 shares during the period. Finally, SG Americas Securities LLC boosted its stake in Murphy USA by 1,723.1% in the 4th quarter. SG Americas Securities LLC now owns 132,450 shares of the specialty retailer’s stock worth $53,446,000 after purchasing an additional 125,185 shares during the period. 80.81% of the stock is owned by institutional investors.

About Murphy USA

Murphy USA is a leading downstream marketer of gasoline, diesel and convenience store products in the United States. Headquartered in El Dorado, Arkansas, the company was originally established as part of Murphy Oil Corporation and was spun off as an independent public entity in 2013. Since its separation, Murphy USA has focused on retail fueling services and convenience offerings designed to deliver value and convenience to consumers.

The company’s primary operations center on two retail formats.