Murphy USA Inc. (NYSE:MUSA) Director Rosemary Turner Sells 797 Shares

Murphy USA Inc. (NYSE:MUSA) Director Rosemary Turner sold 797 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $496.10, for a total value of $395,391.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Murphy USA Trading Down 1.4 %

MUSA opened at $485.65 on Friday. Murphy USA Inc. has a one year low of $382.04 and a one year high of $561.08. The firm has a market capitalization of $9.83 billion, a price-to-earnings ratio of 20.07 and a beta of 0.79. The business has a 50 day simple moving average of $502.93 and a two-hundred day simple moving average of $506.36. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.79 and a quick ratio of 0.41.

Murphy USA (NYSE:MUSA) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. Analysts predict that Murphy USA Inc. will post 26.47 EPS for the current year.

Murphy USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th will be given a $0.49 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.96 annualized dividend and a dividend yield of 0.40%. This is a positive change from Murphy USA’s previous quarterly dividend of $0.48. Murphy USA’s dividend payout ratio is currently 7.93%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. V Square Quantitative Management LLC raised its position in shares of Murphy USA by 40.4% in the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after acquiring an additional 21 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in Murphy USA during the 4th quarter valued at approximately $50,000. Fortitude Family Office LLC increased its position in Murphy USA by 186.1% during the 4th quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock valued at $52,000 after buying an additional 67 shares in the last quarter. R Squared Ltd bought a new position in Murphy USA during the 4th quarter valued at approximately $55,000. Finally, Johnson Financial Group Inc. bought a new position in Murphy USA during the 4th quarter valued at approximately $64,000. Institutional investors own 80.81% of the company’s stock.

Analyst Upgrades and Downgrades

MUSA has been the subject of several analyst reports. StockNews.com cut Murphy USA from a “buy” rating to a “hold” rating in a report on Saturday. Royal Bank of Canada upped their price target on Murphy USA from $550.00 to $554.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Finally, Wells Fargo & Company lowered their price target on Murphy USA from $555.00 to $550.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $510.80.

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.