514 Shares in Murphy USA Inc. (NYSE:MUSA) Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC purchased a new position in Murphy USA Inc. (NYSE:MUSA) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 514 shares of the specialty retailer’s stock, valued at approximately $241,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in Murphy USA during the 1st quarter valued at $40,000. CX Institutional bought a new stake in Murphy USA during the 1st quarter valued at $59,000. Johnson Financial Group Inc. bought a new stake in shares of Murphy USA in the 4th quarter worth $64,000. Farther Finance Advisors LLC raised its stake in shares of Murphy USA by 63.5% in the 1st quarter. Farther Finance Advisors LLC now owns 157 shares of the specialty retailer’s stock worth $75,000 after buying an additional 61 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of Murphy USA by 18.7% in the 1st quarter. Fifth Third Bancorp now owns 203 shares of the specialty retailer’s stock worth $95,000 after buying an additional 32 shares in the last quarter. Institutional investors own 80.81% of the company’s stock.

Murphy USA Stock Down 0.3%

NYSE:MUSA opened at $425.49 on Friday. The firm has a market capitalization of $8.41 billion, a price-to-earnings ratio of 17.95 and a beta of 0.48. Murphy USA Inc. has a 1-year low of $385.44 and a 1-year high of $561.08. The company has a current ratio of 0.80, a quick ratio of 0.39 and a debt-to-equity ratio of 2.74. The business’s fifty day moving average price is $429.92 and its 200 day moving average price is $463.45.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings results on Wednesday, May 7th. The specialty retailer reported $2.63 earnings per share for the quarter, missing the consensus estimate of $3.87 by ($1.24). The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.79 billion. Murphy USA had a net margin of 2.46% and a return on equity of 61.19%. The firm’s quarterly revenue was down 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $3.12 earnings per share. On average, 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 firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.47%. This is a positive change from Murphy USA’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Monday, May 12th. Murphy USA’s payout ratio is presently 8.44%.

Insiders Place Their Bets

In other Murphy USA news, Director David C. Haley purchased 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 27th. The shares were purchased at an average cost of $435.58 per share, with a total value of $435,580.00. Following the completion of the transaction, the director owned 1,000 shares of the company’s stock, valued at approximately $435,580. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 9.04% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on MUSA shares. Raymond James Financial downgraded Murphy USA from an “outperform” rating to a “market perform” rating in a research note on Friday, May 9th. Wall Street Zen downgraded Murphy USA from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. KeyCorp dropped their price objective on Murphy USA from $550.00 to $525.00 and set an “overweight” rating on the stock in a research note on Friday, May 9th. Finally, Stephens cut their target price on Murphy USA from $530.00 to $475.00 and set an “overweight” rating on the stock in a research report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $526.29.

About Murphy USA

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.