SG Americas Securities LLC Increases Holdings in Murphy USA Inc. $MUSA

SG Americas Securities LLC boosted its position in shares of Murphy USA Inc. (NYSE:MUSA) by 346.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,265 shares of the specialty retailer’s stock after purchasing an additional 5,636 shares during the quarter. SG Americas Securities LLC’s holdings in Murphy USA were worth $2,821,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vista Finance LLC grew its position in shares of Murphy USA by 4.0% during the 2nd quarter. Vista Finance LLC now owns 646 shares of the specialty retailer’s stock worth $263,000 after buying an additional 25 shares in the last quarter. Fortune Financial Advisors LLC lifted its stake in Murphy USA by 1.6% in the second quarter. Fortune Financial Advisors LLC now owns 1,821 shares of the specialty retailer’s stock worth $741,000 after acquiring an additional 29 shares during the period. Global Retirement Partners LLC lifted its stake in Murphy USA by 2.7% in the third quarter. Global Retirement Partners LLC now owns 1,282 shares of the specialty retailer’s stock worth $498,000 after acquiring an additional 34 shares during the period. Corient Private Wealth LLC grew its holdings in Murphy USA by 0.3% during the 2nd quarter. Corient Private Wealth LLC now owns 12,902 shares of the specialty retailer’s stock worth $5,249,000 after acquiring an additional 40 shares in the last quarter. Finally, Resonant Capital Advisors LLC increased its position in Murphy USA by 4.5% during the 2nd quarter. Resonant Capital Advisors LLC now owns 1,001 shares of the specialty retailer’s stock valued at $407,000 after purchasing an additional 43 shares during the period. 80.81% of the stock is owned by institutional investors.

Murphy USA Price Performance

NYSE MUSA opened at $440.74 on Tuesday. The firm’s fifty day simple moving average is $392.14 and its two-hundred day simple moving average is $391.98. The company has a current ratio of 0.81, a quick ratio of 0.40 and a debt-to-equity ratio of 4.07. Murphy USA Inc. has a 12-month low of $345.23 and a 12-month high of $523.09. The firm has a market capitalization of $8.26 billion, a P/E ratio of 18.59 and a beta of 0.39.

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

Murphy USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were issued a $0.63 dividend. This is a boost from Murphy USA’s previous quarterly dividend of $0.53. This represents a $2.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, November 10th. Murphy USA’s dividend payout ratio is 10.63%.

Insider Transactions at Murphy USA

In other news, CEO Malynda K. West sold 4,051 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $425.00, for a total transaction of $1,721,675.00. Following the sale, the chief executive officer owned 117,389 shares in the company, valued at approximately $49,890,325. The trade was a 3.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO R Andrew Clyde sold 16,250 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $381.33, for a total transaction of $6,196,612.50. Following the completion of the transaction, the chief executive officer directly owned 59,172 shares of the company’s stock, valued at $22,564,058.76. The trade was a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 45,034 shares of company stock worth $17,349,722 in the last 90 days. Insiders own 10.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MUSA shares. Zacks Research raised shares of Murphy USA from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Wells Fargo & Company assumed coverage on shares of Murphy USA in a research note on Wednesday, October 15th. They issued an “equal weight” rating and a $405.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Murphy USA in a research report on Monday, December 29th. Bank of America started coverage on Murphy USA in a report on Friday. They issued an “underperform” rating on the stock. Finally, KeyCorp decreased their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Murphy USA presently has an average rating of “Hold” and an average target price of $474.00.

Murphy USA Profile

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.