Insider Selling: Murphy USA (NYSE:MUSA) SVP Sells 137 Shares of Stock

Murphy USA Inc. (NYSE:MUSA) SVP Scott Woodward sold 137 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $422.44, for a total value of $57,874.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Murphy USA Stock Performance

Shares of Murphy USA stock traded down $1.03 on Monday, reaching $437.40. 639,909 shares of the stock were exchanged, compared to its average volume of 360,320. The business has a 50 day moving average price of $412.52 and a two-hundred day moving average price of $393.66. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 18.01, a PEG ratio of 3.08 and a beta of 0.40. Murphy USA Inc. has a twelve month low of $345.23 and a twelve month high of $523.09. 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 (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, February 4th. The specialty retailer reported $7.53 earnings per share 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 for the quarter, compared to the consensus estimate of $4.88 billion. During the same quarter in the prior year, the company earned $6.96 EPS. Murphy USA’s quarterly revenue was up .7% on a year-over-year basis. Analysts anticipate that Murphy USA Inc. will post 26.45 earnings per share for the current fiscal year.

Murphy USA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, February 23rd were paid a $0.63 dividend. The ex-dividend date was Monday, February 23rd. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Murphy USA’s dividend payout ratio is presently 10.38%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MUSA. NewEdge Advisors LLC increased its holdings in Murphy USA by 10.2% in the 1st quarter. NewEdge Advisors LLC now owns 1,685 shares of the specialty retailer’s stock worth $792,000 after acquiring an additional 156 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in Murphy USA by 1,925.0% during the second quarter. Golden State Wealth Management LLC now owns 81 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 77 shares in the last quarter. AGF Management Ltd. lifted its holdings in Murphy USA by 16.8% during the second quarter. AGF Management Ltd. now owns 6,990 shares of the specialty retailer’s stock valued at $2,844,000 after purchasing an additional 1,003 shares in the last quarter. Campbell & CO Investment Adviser LLC grew its position in shares of Murphy USA by 196.4% in the second quarter. Campbell & CO Investment Adviser LLC now owns 6,176 shares of the specialty retailer’s stock valued at $2,512,000 after purchasing an additional 4,092 shares during the period. Finally, Illinois Municipal Retirement Fund grew its position in shares of Murphy USA by 39.8% in the second quarter. Illinois Municipal Retirement Fund now owns 10,574 shares of the specialty retailer’s stock valued at $4,302,000 after purchasing an additional 3,009 shares during the period. 80.81% of the stock is owned by institutional investors and hedge funds.

Murphy USA Company Profile

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.