12,991 Shares in Murphy USA Inc. (NYSE:MUSA) Acquired by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC bought a new position in shares of Murphy USA Inc. (NYSE:MUSA - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,991 shares of the specialty retailer's stock, valued at approximately $6,103,000. Mountain Pacific Investment Advisers LLC owned approximately 0.07% of Murphy USA as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. V Square Quantitative Management LLC raised its position in shares of Murphy USA by 37.0% in the 4th quarter. V Square Quantitative Management LLC now owns 100 shares of the specialty retailer's stock valued at $50,000 after purchasing an additional 27 shares in the last quarter. CX Institutional acquired a new position in shares of Murphy USA in the 1st quarter valued at approximately $59,000. Johnson Financial Group Inc. acquired a new stake in shares of Murphy USA in the 4th quarter valued at about $64,000. SBI Securities Co. Ltd. acquired a new stake in shares of Murphy USA in the 4th quarter valued at about $67,000. Finally, Farther Finance Advisors LLC raised its stake in shares of Murphy USA by 63.5% in the 1st quarter. Farther Finance Advisors LLC now owns 157 shares of the specialty retailer's stock valued at $75,000 after purchasing an additional 61 shares in the last quarter. Institutional investors and hedge funds own 80.81% of the company's stock.

Wall Street Analyst Weigh In

MUSA has been the topic of several research reports. Melius initiated coverage on Murphy USA in a research report on Tuesday, March 11th. They set a "buy" rating and a $600.00 price target on the stock. Melius Research raised Murphy USA to a "strong-buy" rating in a research report on Tuesday, March 11th. Stephens dropped their target price on shares of Murphy USA from $530.00 to $475.00 and set an "overweight" rating on the stock in a report on Friday, May 9th. Raymond James cut shares of Murphy USA from an "outperform" rating to a "market perform" rating in a report on Friday, May 9th. Finally, Wall Street Zen cut shares of Murphy USA from a "buy" rating to a "hold" rating in a report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $526.29.

Insider Buying and Selling at Murphy USA

In other Murphy USA news, Director David C. Haley purchased 1,000 shares of the stock in a transaction dated Tuesday, May 27th. The shares were bought at an average cost of $435.58 per share, with a total value of $435,580.00. Following the completion of the acquisition, the director now owns 1,000 shares of the company's stock, valued at approximately $435,580. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 9.04% of the stock is owned by company insiders.

Murphy USA Price Performance

Shares of NYSE MUSA opened at $402.16 on Monday. Murphy USA Inc. has a 1-year low of $400.90 and a 1-year high of $561.08. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.79 and a quick ratio of 0.37. The business's fifty day moving average price is $463.67 and its two-hundred day moving average price is $479.95. The firm has a market capitalization of $7.95 billion, a PE ratio of 16.62 and a beta of 0.50.

Murphy USA (NYSE:MUSA - Get Free Report) last issued its earnings results on Wednesday, May 7th. The specialty retailer reported $2.63 earnings per share for the quarter, missing the consensus estimate of $3.87 by ($1.24). Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.79 billion. During the same period in the prior year, the business earned $3.12 earnings per share. Murphy USA's quarterly revenue was down 6.6% on a year-over-year basis. On average, research analysts expect that Murphy USA Inc. will post 26.45 EPS for the current year.

Murphy USA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $2.00 annualized dividend and a dividend yield of 0.50%. This is a positive change from Murphy USA's previous quarterly dividend of $0.49. Murphy USA's dividend payout ratio (DPR) is presently 8.44%.

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.

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