Murphy USA Inc. (NYSE:MUSA) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC increased its stake in Murphy USA Inc. (NYSE:MUSA) by 19.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 788 shares of the specialty retailer’s stock after acquiring an additional 126 shares during the period. TD Private Client Wealth LLC’s holdings in Murphy USA were worth $388,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MUSA. V Square Quantitative Management LLC raised its position in shares of Murphy USA by 40.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after acquiring an additional 21 shares in the last quarter. Key Financial Inc increased its stake in Murphy USA by 942.9% in the third quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock valued at $72,000 after purchasing an additional 132 shares during the last quarter. GHP Investment Advisors Inc. raised its holdings in Murphy USA by 82.1% during the second quarter. GHP Investment Advisors Inc. now owns 173 shares of the specialty retailer’s stock worth $81,000 after purchasing an additional 78 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of Murphy USA by 25.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 201 shares of the specialty retailer’s stock worth $94,000 after buying an additional 41 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Murphy USA by 135.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 186 shares of the specialty retailer’s stock valued at $94,000 after buying an additional 107 shares in the last quarter. 80.81% of the stock is currently owned by hedge funds and other institutional investors.

Murphy USA Price Performance

NYSE:MUSA opened at $550.90 on Friday. The firm has a market cap of $11.16 billion, a price-to-earnings ratio of 22.73 and a beta of 0.78. Murphy USA Inc. has a 12-month low of $350.55 and a 12-month high of $561.08. 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 company’s 50-day moving average is $511.90 and its two-hundred day moving average is $498.14.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 EPS for the quarter, beating the consensus estimate of $6.64 by $0.56. The firm had revenue of $5.24 billion during the quarter, compared to analyst estimates of $5.54 billion. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. The business’s quarterly revenue was down 9.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $7.69 earnings per share. Research analysts expect that Murphy USA Inc. will post 23.59 EPS for the current year.

Murphy USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 4th were paid a $0.48 dividend. This is a positive change from Murphy USA’s previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a dividend yield of 0.35%. The ex-dividend date was Monday, November 4th. Murphy USA’s payout ratio is currently 7.92%.

Analyst Ratings Changes

A number of research firms have recently commented on MUSA. StockNews.com upgraded Murphy USA from a “hold” rating to a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. lowered 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 report on Thursday, September 19th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $495.33.

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.