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

Murphy USA Inc. (NYSE:MUSA) Director Rosemary Turner sold 205 shares of Murphy USA stock in a transaction on Monday, May 6th. The stock was sold at an average price of $400.00, for a total value of $82,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Murphy USA Trading Down 1.2 %

Murphy USA stock opened at $407.56 on Thursday. The stock has a market cap of $8.48 billion, a P/E ratio of 17.10 and a beta of 0.77. The company has a debt-to-equity ratio of 2.28, a current ratio of 0.87 and a quick ratio of 0.54. Murphy USA Inc. has a 1 year low of $268.69 and a 1 year high of $430.83. The firm’s 50 day moving average price is $414.58 and its 200-day moving average price is $385.87.

Murphy USA (NYSE:MUSA) last released its quarterly earnings data on Wednesday, May 1st. The specialty retailer reported $3.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.09 by ($0.97). Murphy USA had a net margin of 2.43% and a return on equity of 64.45%. The company had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.89 billion. During the same quarter in the previous year, the business earned $4.80 EPS. The company’s quarterly revenue was down 4.6% on a year-over-year basis. On average, equities analysts predict that Murphy USA Inc. will post 26.29 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

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

Analysts Set New Price Targets

Several research firms have recently commented on MUSA. Royal Bank of Canada upped their price target 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. Wells Fargo & Company boosted their price objective 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, Stephens reaffirmed an “overweight” rating and issued a $470.00 target price on shares of Murphy USA in a report on Wednesday, April 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Murphy USA presently has an average rating of “Moderate Buy” and a consensus target price of $408.60.

Institutional Investors Weigh In On Murphy USA

Several large investors have recently bought and sold shares of the business. Texas Yale Capital Corp. increased its position in Murphy USA by 10.9% in the first quarter. Texas Yale Capital Corp. now owns 2,705 shares of the specialty retailer’s stock worth $1,134,000 after purchasing an additional 265 shares during the last quarter. William Blair Investment Management LLC boosted its stake in Murphy USA by 1.2% during the first quarter. William Blair Investment Management LLC now owns 127,160 shares of the specialty retailer’s stock worth $53,305,000 after buying an additional 1,509 shares during the period. Bleakley Financial Group LLC purchased a new position in Murphy USA during the first quarter worth $204,000. Russell Investments Group Ltd. boosted its stake in Murphy USA by 15.8% during the first quarter. Russell Investments Group Ltd. now owns 10,453 shares of the specialty retailer’s stock worth $4,382,000 after buying an additional 1,425 shares during the period. Finally, Inspire Investing LLC boosted its stake in Murphy USA by 74.0% during the first quarter. Inspire Investing LLC now owns 6,506 shares of the specialty retailer’s stock worth $2,727,000 after buying an additional 2,766 shares during the period. Institutional investors own 80.81% of the company’s stock.

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.