Fiera Capital Corp Purchases 1,655 Shares of Murphy USA Inc. $MUSA

Fiera Capital Corp increased its position in shares of Murphy USA Inc. (NYSE:MUSA) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 104,464 shares of the specialty retailer’s stock after acquiring an additional 1,655 shares during the quarter. Fiera Capital Corp owned about 0.54% of Murphy USA worth $42,496,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC acquired a new position in Murphy USA during the 1st quarter valued at about $27,000. Ameritas Advisory Services LLC acquired a new position in Murphy USA in the second quarter valued at approximately $29,000. TCTC Holdings LLC lifted its holdings in Murphy USA by 116.7% in the first quarter. TCTC Holdings LLC now owns 65 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 35 shares during the period. Golden State Wealth Management LLC boosted its stake in Murphy USA by 1,925.0% in the second quarter. Golden State Wealth Management LLC now owns 81 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 77 shares during the last quarter. Finally, Costello Asset Management INC acquired a new stake in Murphy USA during the 1st quarter worth $47,000. 80.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MUSA has been the topic of a number of analyst reports. Jefferies Financial Group downgraded Murphy USA from a “buy” rating to a “hold” rating and set a $350.00 price target on the stock. in a research note on Friday, August 1st. Zacks Research raised Murphy USA from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Weiss Ratings restated a “hold (c)” rating on shares of Murphy USA in a research report on Wednesday, October 8th. KeyCorp lowered their price target on Murphy USA from $480.00 to $460.00 and set an “overweight” rating for the company in a research note on Thursday, October 23rd. Finally, Wells Fargo & Company initiated coverage on shares of Murphy USA in a research report on Wednesday, October 15th. They issued an “equal weight” rating and a $405.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six 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 $474.00.

Murphy USA Stock Up 0.5%

NYSE:MUSA opened at $359.27 on Thursday. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 15.15 and a beta of 0.39. The company has a current ratio of 0.81, a quick ratio of 0.40 and a debt-to-equity ratio of 4.07. The stock has a 50-day moving average price of $380.43 and a two-hundred day moving average price of $405.37. Murphy USA Inc. has a 1 year low of $345.23 and a 1 year high of $561.08.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, October 29th. The specialty retailer reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.60 by $0.65. Murphy USA had a return on equity of 69.87% and a net margin of 2.43%.The business had revenue of $5.11 billion during the quarter, compared to analyst estimates of $5.11 billion. During the same period in the previous year, the firm earned $7.20 EPS. Murphy USA’s quarterly revenue was down 2.5% compared to the same quarter last year. As a group, equities analysts expect that Murphy USA Inc. will post 26.45 earnings per share for the current year.

Murphy USA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 10th will be issued a dividend of $0.63 per share. The ex-dividend date is Monday, November 10th. This is a positive change from Murphy USA’s previous quarterly dividend of $0.53. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.7%. Murphy USA’s dividend payout ratio (DPR) is 10.63%.

Murphy USA 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.