Murphy USA Inc. $MUSA Shares Purchased by Roundview Capital LLC

Roundview Capital LLC increased its holdings in shares of Murphy USA Inc. (NYSE:MUSA) by 1.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,867 shares of the specialty retailer’s stock after purchasing an additional 67 shares during the quarter. Roundview Capital LLC’s holdings in Murphy USA were worth $1,573,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Independent Advisor Alliance increased its position in shares of Murphy USA by 4.9% during the 1st quarter. Independent Advisor Alliance now owns 489 shares of the specialty retailer’s stock worth $230,000 after purchasing an additional 23 shares during the last quarter. State of Alaska Department of Revenue grew its position in Murphy USA by 1.2% in the 1st quarter. State of Alaska Department of Revenue now owns 2,130 shares of the specialty retailer’s stock valued at $1,000,000 after acquiring an additional 25 shares in the last quarter. US Bancorp DE grew its position in Murphy USA by 0.7% in the 1st quarter. US Bancorp DE now owns 4,473 shares of the specialty retailer’s stock valued at $2,101,000 after acquiring an additional 29 shares in the last quarter. Fortune Financial Advisors LLC grew its position in Murphy USA by 1.6% in the 2nd quarter. Fortune Financial Advisors LLC now owns 1,821 shares of the specialty retailer’s stock valued at $741,000 after acquiring an additional 29 shares in the last quarter. Finally, Applied Capital LLC FL grew its position in Murphy USA by 5.9% in the 1st quarter. Applied Capital LLC FL now owns 557 shares of the specialty retailer’s stock valued at $262,000 after acquiring an additional 31 shares in the last quarter. 80.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MUSA has been the subject of several research reports. Jefferies Financial Group downgraded Murphy USA from a “buy” rating to a “hold” rating and set a $350.00 target price for the company. in a research report on Friday, August 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Murphy USA in a research report on Saturday, September 27th. Zacks Research raised Murphy USA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Wells Fargo & Company dropped their target price on Murphy USA from $520.00 to $440.00 and set an “overweight” rating for the company in a research report on Friday, August 1st. Finally, KeyCorp reiterated an “overweight” rating and issued a $480.00 price objective on shares of Murphy USA in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Murphy USA currently has a consensus rating of “Moderate Buy” and a consensus target price of $483.17.

Insider Activity at Murphy USA

In related news, COO Malynda K. West sold 1,859 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $386.22, for a total transaction of $717,982.98. Following the completion of the sale, the chief operating officer owned 117,389 shares in the company, valued at $45,337,979.58. The trade was a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Madison Murphy bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were acquired at an average price of $367.01 per share, with a total value of $1,835,050.00. Following the purchase, the director owned 389,172 shares of the company’s stock, valued at $142,830,015.72. The trade was a 1.30% increase in their ownership of the stock. The disclosure for this purchase can be found here. 10.12% of the stock is owned by insiders.

Murphy USA Stock Performance

Shares of MUSA opened at $381.78 on Wednesday. The stock has a 50-day simple moving average of $383.94 and a 200-day simple moving average of $425.81. The company has a debt-to-equity ratio of 3.20, a quick ratio of 0.39 and a current ratio of 0.80. The stock has a market capitalization of $7.36 billion, a PE ratio of 15.81 and a beta of 0.42. Murphy USA Inc. has a 1 year low of $345.23 and a 1 year high of $561.08.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings data on Wednesday, July 30th. The specialty retailer reported $7.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.82 by $0.54. The business had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $5.17 billion. Murphy USA had a return on equity of 64.63% and a net margin of 2.52%.The business’s quarterly revenue was down 8.2% compared to the same quarter last year. During the same quarter last year, the business posted $6.92 EPS. On average, analysts predict that Murphy USA Inc. will post 26.45 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 25th were paid a dividend of $0.53 per share. The ex-dividend date was Monday, August 25th. This is a positive change from Murphy USA’s previous quarterly dividend of $0.50. This represents a $2.12 annualized dividend and a yield of 0.6%. Murphy USA’s dividend payout ratio (DPR) is presently 8.78%.

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.