Captrust Financial Advisors Takes $204,000 Position in Murphy USA Inc. (NYSE:MUSA)

Captrust Financial Advisors bought a new stake in Murphy USA Inc. (NYSE:MUSAFree Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 414 shares of the specialty retailer’s stock, valued at approximately $204,000.

Several other hedge funds have also made changes to their positions in the stock. Larson Financial Group LLC lifted its stake in shares of Murphy USA by 5.4% in the third quarter. Larson Financial Group LLC now owns 391 shares of the specialty retailer’s stock valued at $193,000 after buying an additional 20 shares during the period. V Square Quantitative Management LLC lifted its stake in Murphy USA by 40.4% during the third quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 21 shares during the period. International Assets Investment Management LLC lifted its stake in Murphy USA by 3.8% during the second quarter. International Assets Investment Management LLC now owns 784 shares of the specialty retailer’s stock worth $368,000 after purchasing an additional 29 shares during the period. CIBC Asset Management Inc lifted its stake in Murphy USA by 5.6% during the second quarter. CIBC Asset Management Inc now owns 580 shares of the specialty retailer’s stock worth $272,000 after purchasing an additional 31 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in Murphy USA by 7.3% during the third quarter. Fisher Asset Management LLC now owns 547 shares of the specialty retailer’s stock worth $270,000 after purchasing an additional 37 shares during the period. Institutional investors own 80.81% of the company’s stock.

Murphy USA Stock Performance

NYSE:MUSA opened at $547.42 on Tuesday. Murphy USA Inc. has a 1 year low of $350.55 and a 1 year high of $561.08. The firm has a 50 day moving average of $513.31 and a 200-day moving average of $499.42. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19. The stock has a market capitalization of $11.08 billion, a P/E ratio of 22.58 and a beta of 0.78.

Murphy USA (NYSE:MUSAGet Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share for the quarter, beating analysts’ consensus estimates of $6.64 by $0.56. The business had revenue of $5.24 billion during the quarter, compared to analyst estimates of $5.54 billion. Murphy USA had a net margin of 2.48% and a return on equity of 62.73%. Murphy USA’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter last year, the business posted $7.69 earnings per share. As a group, sell-side analysts anticipate that Murphy USA Inc. will post 23.59 EPS for the current fiscal year.

Murphy USA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 4th were issued a $0.48 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.35%. This is a positive change from Murphy USA’s previous quarterly dividend of $0.45. Murphy USA’s dividend payout ratio (DPR) is currently 7.92%.

Analyst Upgrades and Downgrades

MUSA has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut shares of Murphy USA from a “neutral” rating to an “underweight” rating and raised their price target for the stock from $415.00 to $435.00 in a research note on Thursday, September 19th. StockNews.com upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $495.33.

Get Our Latest Stock Report on MUSA

About Murphy USA

(Free Report)

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.

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

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