JFS Wealth Advisors LLC Boosts Stock Position in Murphy USA Inc. (NYSE:MUSA)

JFS Wealth Advisors LLC lifted its stake in Murphy USA Inc. (NYSE:MUSAFree Report) by 394.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 94 shares of the specialty retailer’s stock after purchasing an additional 75 shares during the period. JFS Wealth Advisors LLC’s holdings in Murphy USA were worth $34,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in MUSA. UMB Bank n.a. grew its position in shares of Murphy USA by 191.7% during the 4th quarter. UMB Bank n.a. now owns 70 shares of the specialty retailer’s stock worth $25,000 after buying an additional 46 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in Murphy USA during the 4th quarter valued at about $25,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Murphy USA in the 4th quarter valued at about $44,000. Fifth Third Bancorp lifted its position in shares of Murphy USA by 34.2% in the 3rd quarter. Fifth Third Bancorp now owns 153 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 39 shares during the period. Finally, Key Financial Inc boosted its stake in shares of Murphy USA by 942.9% during the fourth quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 132 shares in the last quarter. Hedge funds and other institutional investors own 80.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on MUSA shares. Royal Bank of Canada upped their target price on Murphy USA from $382.00 to $408.00 and gave the stock a “sector perform” rating in a report on Thursday, February 8th. StockNews.com downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Thursday. Wells Fargo & Company lifted their price objective on shares of Murphy USA from $440.00 to $460.00 and gave the stock an “overweight” rating in a research report on Friday, April 19th. Finally, Stephens restated an “overweight” rating and issued a $470.00 target price on shares of Murphy USA in a research note on Wednesday, April 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $408.60.

Read Our Latest Stock Report on MUSA

Insider Buying and Selling

In other Murphy USA news, SVP Christopher A. Click sold 664 shares of Murphy USA stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $415.55, for a total value of $275,925.20. Following the completion of the transaction, the senior vice president now directly owns 2,413 shares of the company’s stock, valued at approximately $1,002,722.15. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Murphy USA news, SVP Christopher A. Click sold 664 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $415.55, for a total value of $275,925.20. Following the completion of the transaction, the senior vice president now owns 2,413 shares of the company’s stock, valued at approximately $1,002,722.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Robert J. Chumley sold 7,016 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $404.42, for a total transaction of $2,837,410.72. Following the completion of the transaction, the senior vice president now owns 6,448 shares of the company’s stock, valued at approximately $2,607,700.16. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,645 shares of company stock valued at $4,326,582. Corporate insiders own 9.04% of the company’s stock.

Murphy USA Price Performance

Shares of NYSE MUSA traded up $17.29 during trading on Friday, hitting $435.58. The company had a trading volume of 316,294 shares, compared to its average volume of 265,503. The firm has a market capitalization of $9.06 billion, a price-to-earnings ratio of 18.28 and a beta of 0.77. The stock has a fifty day simple moving average of $414.93 and a two-hundred day simple moving average of $386.88. 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 fifty-two week low of $268.69 and a fifty-two week high of $435.92.

Murphy USA (NYSE:MUSAGet Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The specialty retailer reported $3.12 earnings per share for the quarter, missing the consensus estimate of $4.09 by ($0.97). The firm 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 business’s quarterly revenue was down 4.6% on a year-over-year basis. During the same period last year, the company earned $4.80 EPS. On average, research analysts expect that Murphy USA Inc. will post 25.72 earnings per share for the current year.

Murphy USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, May 20th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 0.40%. The ex-dividend date is Friday, May 17th. This is an increase from Murphy USA’s previous quarterly dividend of $0.42. Murphy USA’s payout ratio is currently 7.05%.

Murphy USA Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Murphy USA (NYSE:MUSA)

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