Atlas Capital Advisors LLC Has $410,000 Stock Holdings in Murphy USA Inc. (NYSE:MUSA)

Atlas Capital Advisors LLC lowered its stake in shares of Murphy USA Inc. (NYSE:MUSA) by 32.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 979 shares of the specialty retailer’s stock after selling 474 shares during the period. Atlas Capital Advisors LLC’s holdings in Murphy USA were worth $410,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. UMB Bank n.a. increased its position in Murphy USA by 191.7% during the fourth quarter. UMB Bank n.a. now owns 70 shares of the specialty retailer’s stock worth $25,000 after buying an additional 46 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Murphy USA in the 4th quarter valued at approximately $25,000. JFS Wealth Advisors LLC lifted its holdings in Murphy USA by 394.7% in the 4th quarter. JFS Wealth Advisors LLC now owns 94 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. McGlone Suttner Wealth Management Inc. acquired a new stake in Murphy USA in the 4th quarter worth approximately $44,000. Finally, Delta Asset Management LLC TN grew its holdings in Murphy USA by 70.7% during the fourth quarter. Delta Asset Management LLC TN now owns 128 shares of the specialty retailer’s stock valued at $46,000 after purchasing an additional 53 shares during the last quarter. 80.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Murphy USA news, CEO R Andrew Clyde sold 10,392 shares of the company’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $440.32, for a total value of $4,575,805.44. Following the sale, the chief executive officer now directly owns 199,563 shares in the company, valued at $87,871,580.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Murphy USA news, CEO R Andrew Clyde sold 10,392 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $440.32, for a total value of $4,575,805.44. Following the transaction, the chief executive officer now directly owns 199,563 shares in the company, valued at $87,871,580.16. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Rosemary Turner sold 205 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $400.00, for a total transaction of $82,000.00. The disclosure for this sale can be found here. Insiders sold 11,451 shares of company stock worth $5,032,498 in the last 90 days. 9.04% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. StockNews.com downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Thursday, May 9th. Wells Fargo & Company lifted their price objective on Murphy USA from $440.00 to $460.00 and gave the stock an “overweight” rating in a research note on Friday, April 19th. Finally, Stephens restated an “overweight” rating and set a $470.00 target price on shares of Murphy USA in a research note on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $408.60.

Murphy USA Stock Down 0.1 %

MUSA stock opened at $474.09 on Friday. Murphy USA Inc. has a twelve month low of $282.49 and a twelve month high of $489.89. The company has a quick ratio of 0.54, a current ratio of 0.87 and a debt-to-equity ratio of 2.28. The company has a market cap of $9.82 billion, a PE ratio of 19.89 and a beta of 0.76. The business’s 50-day simple moving average is $441.49 and its 200 day simple moving average is $407.53.

Murphy USA (NYSE:MUSA) last released its quarterly earnings data on Wednesday, May 1st. The specialty retailer reported $3.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.09 by ($0.97). The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.89 billion. Murphy USA had a net margin of 2.43% and a return on equity of 64.45%. The business’s revenue for the quarter was down 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.80 earnings per share. On average, research analysts anticipate that Murphy USA Inc. will post 24.57 earnings per share for the current year.

Murphy USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Monday, May 20th were issued a $0.44 dividend. The ex-dividend date of this dividend was Friday, May 17th. This is a boost from Murphy USA’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.37%. Murphy USA’s dividend payout ratio is presently 7.39%.

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.