Texas Yale Capital Corp. Has $2.84 Million Holdings in Murphy USA Inc. $MUSA

Texas Yale Capital Corp. raised its holdings in Murphy USA Inc. (NYSE:MUSAFree Report) by 18.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,046 shares of the specialty retailer’s stock after buying an additional 1,115 shares during the quarter. Texas Yale Capital Corp.’s holdings in Murphy USA were worth $2,843,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Enhancing Capital LLC lifted its stake in Murphy USA by 2.1% in the fourth quarter. Enhancing Capital LLC now owns 1,132 shares of the specialty retailer’s stock valued at $457,000 after buying an additional 23 shares during the period. NBC Securities Inc. lifted its stake in Murphy USA by 1.4% in the fourth quarter. NBC Securities Inc. now owns 1,752 shares of the specialty retailer’s stock valued at $707,000 after buying an additional 24 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in Murphy USA by 82.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 62 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 28 shares during the period. NewEdge Advisors LLC lifted its stake in Murphy USA by 1.9% in the third quarter. NewEdge Advisors LLC now owns 1,470 shares of the specialty retailer’s stock valued at $571,000 after buying an additional 28 shares during the period. Finally, Verus Capital Partners LLC lifted its stake in Murphy USA by 5.6% in the third quarter. Verus Capital Partners LLC now owns 568 shares of the specialty retailer’s stock valued at $221,000 after buying an additional 30 shares during the period. 80.81% of the stock is owned by institutional investors and hedge funds.

Murphy USA Stock Down 0.1%

Shares of NYSE:MUSA opened at $505.77 on Monday. The company has a market capitalization of $9.34 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 1.71 and a beta of 0.30. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.83 and a quick ratio of 0.48. The business has a fifty day moving average price of $524.17 and a two-hundred day moving average price of $448.24. Murphy USA Inc. has a 1 year low of $345.23 and a 1 year high of $609.82.

Murphy USA (NYSE:MUSAGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The specialty retailer reported $7.28 earnings per share for the quarter, topping the consensus estimate of $5.37 by $1.91. The company had revenue of $4.82 billion during the quarter, compared to the consensus estimate of $4.70 billion. Murphy USA had a return on equity of 91.05% and a net margin of 2.81%.The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.63 EPS. Analysts forecast that Murphy USA Inc. will post 31.48 earnings per share for the current year.

Murphy USA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 18th will be paid a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, May 18th. This is a positive change from Murphy USA’s previous quarterly dividend of $0.63. Murphy USA’s dividend payout ratio is currently 8.85%.

Insider Transactions at Murphy USA

In related news, Director Robert Madison Murphy sold 41,500 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $596.96, for a total transaction of $24,773,840.00. Following the sale, the director owned 342,212 shares of the company’s stock, valued at approximately $204,286,875.52. This represents a 10.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Renee M. Bacon sold 1,050 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $529.44, for a total value of $555,912.00. Following the sale, the senior vice president directly owned 3,083 shares in the company, valued at $1,632,263.52. This trade represents a 25.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 43,362 shares of company stock worth $25,779,517 over the last 90 days. 9.02% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on MUSA shares. Royal Bank Of Canada boosted their price objective on Murphy USA from $510.00 to $517.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Wall Street Zen lowered shares of Murphy USA from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings upgraded shares of Murphy USA from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Stephens decreased their price target on Murphy USA from $475.00 to $450.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Finally, Bank of America upgraded Murphy USA from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $350.00 to $550.00 in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $503.71.

Get Our Latest Stock Report on Murphy USA

Murphy USA Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding MUSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Murphy USA Inc. (NYSE:MUSAFree Report).

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

Receive News & Ratings for Murphy USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murphy USA and related companies with MarketBeat.com's FREE daily email newsletter.