Murphy USA Inc. $MUSA Stock Holdings Decreased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its position in Murphy USA Inc. (NYSE:MUSA) by 16.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,217 shares of the specialty retailer’s stock after selling 5,681 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.15% of Murphy USA worth $11,344,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vista Finance LLC raised its stake in Murphy USA by 4.0% during the 2nd quarter. Vista Finance LLC now owns 646 shares of the specialty retailer’s stock valued at $263,000 after purchasing an additional 25 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Murphy USA by 4.8% during the third quarter. Sequoia Financial Advisors LLC now owns 585 shares of the specialty retailer’s stock valued at $227,000 after buying an additional 27 shares in the last quarter. Global Retirement Partners LLC raised its position in Murphy USA by 2.7% during the third quarter. Global Retirement Partners LLC now owns 1,282 shares of the specialty retailer’s stock valued at $498,000 after buying an additional 34 shares during the period. Corient Private Wealth LLC lifted its stake in Murphy USA by 0.3% in the 2nd quarter. Corient Private Wealth LLC now owns 12,902 shares of the specialty retailer’s stock worth $5,249,000 after acquiring an additional 40 shares in the last quarter. Finally, Ferguson Wellman Capital Management Inc. boosted its position in Murphy USA by 5.1% during the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 846 shares of the specialty retailer’s stock worth $328,000 after acquiring an additional 41 shares during the period. 80.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Murphy USA in a report on Monday, December 29th. Stephens upped their price objective on shares of Murphy USA from $425.00 to $475.00 and gave the company an “overweight” rating in a research note on Wednesday, January 21st. Wells Fargo & Company lifted their target price on shares of Murphy USA from $375.00 to $410.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 21st. Bank of America initiated coverage on shares of Murphy USA in a research note on Friday, January 9th. They issued an “underperform” rating on the stock. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $467.00 price objective on shares of Murphy USA in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $460.33.

Murphy USA Stock Down 0.5%

Murphy USA stock opened at $429.78 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.40 and a debt-to-equity ratio of 4.07. Murphy USA Inc. has a 1-year low of $345.23 and a 1-year high of $523.09. The firm’s fifty day simple moving average is $407.35 and its 200-day simple moving average is $393.29. The company has a market capitalization of $8.05 billion, a P/E ratio of 18.13, a P/E/G ratio of 3.81 and a beta of 0.39.

Murphy USA (NYSE:MUSA) last posted its earnings results on Wednesday, October 29th. The specialty retailer reported $7.25 EPS for the quarter, topping the consensus estimate of $6.60 by $0.65. Murphy USA had a net margin of 2.43% and a return on equity of 69.87%. The firm had revenue of $5.11 billion for the quarter, compared to the consensus estimate of $5.11 billion. During the same period in the prior year, the business posted $7.20 earnings per share. The business’s quarterly revenue was down 2.5% on a year-over-year basis. Sell-side analysts forecast that Murphy USA Inc. will post 26.45 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 10th were issued a $0.63 dividend. This is an increase from Murphy USA’s previous quarterly dividend of $0.53. The ex-dividend date was Monday, November 10th. This represents a $2.52 annualized dividend and a yield of 0.6%. Murphy USA’s dividend payout ratio is presently 10.63%.

Insider Activity at Murphy USA

In related news, CEO Malynda K. West sold 4,051 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $425.00, for a total value of $1,721,675.00. Following the transaction, the chief executive officer directly owned 117,389 shares in the company, valued at approximately $49,890,325. This trade represents a 3.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO R Andrew Clyde sold 24,733 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $381.33, for a total transaction of $9,431,434.89. Following the transaction, the chief executive officer directly owned 131,024 shares of the company’s stock, valued at approximately $49,963,381.92. This represents a 15.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 45,034 shares of company stock worth $17,349,722. Corporate insiders own 10.12% of the company’s stock.

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.