3,867 Shares in Murphy USA Inc. $MUSA Bought by Lido Advisors LLC

Lido Advisors LLC bought a new position in shares of Murphy USA Inc. (NYSE:MUSA - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,867 shares of the specialty retailer's stock, valued at approximately $1,910,000.

Other large investors also recently bought and sold shares of the company. Huntington National Bank increased its holdings in Murphy USA by 106.7% during the 4th quarter. Huntington National Bank now owns 62 shares of the specialty retailer's stock valued at $25,000 after acquiring an additional 32 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Murphy USA by 423.1% in the second quarter. EverSource Wealth Advisors LLC now owns 68 shares of the specialty retailer's stock valued at $28,000 after purchasing an additional 55 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Murphy USA in the fourth quarter valued at approximately $29,000. WPG Advisers LLC increased its stake in shares of Murphy USA by 148.5% during the 4th quarter. WPG Advisers LLC now owns 82 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 49 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Murphy USA during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 80.81% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group raised Murphy USA from a "sell" rating to a "neutral" rating and upped their target price for the company from $380.00 to $550.00 in a research note on Monday, July 6th. Bank of America boosted their price target on Murphy USA from $600.00 to $625.00 and gave the stock a "neutral" rating in a report on Friday, July 10th. Royal Bank Of Canada increased their price objective on Murphy USA from $510.00 to $517.00 and gave the company a "sector perform" rating in a research note on Thursday, April 30th. Jefferies Financial Group raised shares of Murphy USA from a "hold" rating to a "buy" rating and boosted their target price for the company from $550.00 to $625.00 in a research note on Wednesday, July 1st. Finally, KeyCorp upped their target price on shares of Murphy USA from $600.00 to $680.00 and gave the company an "overweight" rating in a report on Friday, June 12th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Murphy USA has an average rating of "Moderate Buy" and an average price target of $585.11.

Murphy USA Trading Up 0.0%

NYSE MUSA opened at $613.40 on Monday. The company has a market cap of $11.33 billion, a P/E ratio of 21.20, a P/E/G ratio of 1.98 and a beta of 0.30. Murphy USA Inc. has a 12 month low of $345.23 and a 12 month high of $636.04. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.83 and a quick ratio of 0.48. The company has a 50-day moving average of $566.52 and a 200-day moving average of $499.57.

Murphy USA (NYSE:MUSA - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The specialty retailer reported $7.28 earnings per share for the quarter, beating analysts' consensus estimates of $5.37 by $1.91. Murphy USA had a net margin of 2.81% and a return on equity of 91.05%. The company had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.70 billion. During the same quarter last year, the business earned $2.63 EPS. Murphy USA's revenue for the quarter was up 6.5% on a year-over-year basis. As a group, equities analysts predict that Murphy USA Inc. will post 32.58 earnings per share for the current year.

Murphy USA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were issued a $0.64 dividend. The ex-dividend date was Monday, May 18th. This is an increase from Murphy USA's previous quarterly dividend of $0.63. This represents a $2.56 dividend on an annualized basis and a yield of 0.4%. Murphy USA's payout ratio is 8.85%.

Insider Activity

In other Murphy USA news, SVP Keith A. Emery sold 517 shares of the company's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $574.49, for a total transaction of $297,011.33. Following the completion of the sale, the senior vice president directly owned 500 shares in the company, valued at $287,245. This represents a 50.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Scott G. Woodward sold 158 shares of the firm's stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $600.50, for a total value of $94,879.00. Following the completion of the transaction, the senior vice president owned 476 shares in the company, valued at approximately $285,838. This trade represents a 24.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 46,225 shares of company stock valued at $27,363,392 in the last 90 days. 9.02% of the stock is owned by corporate insiders.

About Murphy USA

Murphy USA is a leading downstream marketer of gasoline, diesel and convenience store products in the United States. Headquartered in El Dorado, Arkansas, the company was originally established as part of Murphy Oil Corporation and was spun off as an independent public entity in 2013. Since its separation, Murphy USA has focused on retail fueling services and convenience offerings designed to deliver value and convenience to consumers.

The company's primary operations center on two retail formats.

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