Murphy USA Inc. (NYSE:MUSA) Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its position in shares of Murphy USA Inc. (NYSE:MUSA) by 11.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,868 shares of the specialty retailer’s stock after buying an additional 187 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Murphy USA were worth $862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. International Assets Investment Management LLC raised its stake in shares of Murphy USA by 3.8% in the 2nd quarter. International Assets Investment Management LLC now owns 784 shares of the specialty retailer’s stock valued at $368,000 after acquiring an additional 29 shares during the period. SYSTM Wealth Solutions LLC lifted its stake in Murphy USA by 3.8% during the first quarter. SYSTM Wealth Solutions LLC now owns 844 shares of the specialty retailer’s stock worth $354,000 after purchasing an additional 31 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Murphy USA by 5.1% during the first quarter. GAMMA Investing LLC now owns 643 shares of the specialty retailer’s stock worth $270,000 after buying an additional 31 shares during the period. CIBC Asset Management Inc grew its stake in shares of Murphy USA by 5.6% in the second quarter. CIBC Asset Management Inc now owns 580 shares of the specialty retailer’s stock valued at $272,000 after buying an additional 31 shares in the last quarter. Finally, Resonant Capital Advisors LLC grew its stake in shares of Murphy USA by 4.4% in the first quarter. Resonant Capital Advisors LLC now owns 860 shares of the specialty retailer’s stock valued at $361,000 after buying an additional 36 shares in the last quarter. Institutional investors and hedge funds own 80.81% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Raymond James boosted their target price on Murphy USA from $530.00 to $545.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Royal Bank of Canada cut their target price on shares of Murphy USA from $538.00 to $537.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 1st. JPMorgan Chase & Co. downgraded shares of Murphy USA from a “neutral” rating to an “underweight” rating and lifted their price target for the stock from $415.00 to $435.00 in a research note on Thursday, September 19th. StockNews.com downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a research report on Tuesday, September 17th. Finally, Wells Fargo & Company lifted their price objective on shares of Murphy USA from $540.00 to $560.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $464.57.

Insider Buying and Selling

In other news, Director Robert Madison Murphy sold 16,755 shares of Murphy USA stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $514.54, for a total transaction of $8,621,117.70. Following the completion of the sale, the director now directly owns 396,384 shares in the company, valued at approximately $203,955,423.36. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, Director James W. Keyes sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $511.54, for a total value of $1,023,080.00. Following the sale, the director now directly owns 16,114 shares in the company, valued at approximately $8,242,955.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert Madison Murphy sold 16,755 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $514.54, for a total transaction of $8,621,117.70. Following the transaction, the director now owns 396,384 shares of the company’s stock, valued at $203,955,423.36. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 32,209 shares of company stock valued at $16,564,666. Corporate insiders own 9.04% of the company’s stock.

Murphy USA Trading Down 1.6 %

Shares of Murphy USA stock opened at $487.04 on Wednesday. Murphy USA Inc. has a 1 year low of $338.94 and a 1 year high of $552.30. The company has a market capitalization of $10.09 billion, a P/E ratio of 20.44 and a beta of 0.77. The company’s fifty day moving average is $510.22 and its two-hundred day moving average is $462.58. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.52 and a current ratio of 0.84.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings data on Wednesday, July 31st. The specialty retailer reported $6.92 EPS for the quarter, topping analysts’ consensus estimates of $6.91 by $0.01. Murphy USA had a net margin of 2.50% and a return on equity of 64.73%. The company had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.69 billion. During the same quarter in the prior year, the firm earned $6.02 EPS. Murphy USA’s quarterly revenue was down 2.4% on a year-over-year basis. Analysts forecast that Murphy USA Inc. will post 24.43 earnings per share for the current year.

Murphy USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Monday, August 26th were given a $0.45 dividend. This is a boost from Murphy USA’s previous quarterly dividend of $0.44. The ex-dividend date was Monday, August 26th. This represents a $1.80 annualized dividend and a yield of 0.37%. Murphy USA’s dividend payout ratio is presently 7.55%.

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.