De Lisle Partners LLP Has $19.88 Million Stake in Murphy USA Inc. (NYSE:MUSA)

Key Points

• De Lisle Partners LLP increased its holdings in Murphy USA by 8.9%, acquiring an additional 3,455 shares in the first quarter, making it the firm's third largest holding.
• Murphy USA reported earnings of $2.63 per share, missing estimates by $1.24, and experienced a 6.6% year-over-year revenue decline.
• The company's recent quarterly dividend increased to $0.50, reflecting a dividend yield of 0.48%, with a payout ratio of 8.44%.

De Lisle Partners LLP increased its holdings in Murphy USA Inc. (NYSE:MUSA - Free Report) by 8.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,261 shares of the specialty retailer's stock after acquiring an additional 3,455 shares during the quarter. Murphy USA makes up 3.3% of De Lisle Partners LLP's portfolio, making the stock its 3rd biggest position. De Lisle Partners LLP owned 0.21% of Murphy USA worth $19,876,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GW&K Investment Management LLC acquired a new position in shares of Murphy USA in the first quarter worth $27,000. TCTC Holdings LLC lifted its stake in Murphy USA by 116.7% during the first quarter. TCTC Holdings LLC now owns 65 shares of the specialty retailer's stock worth $31,000 after purchasing an additional 35 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Murphy USA in the first quarter valued at approximately $40,000. CX Institutional acquired a new stake in Murphy USA during the 1st quarter worth $59,000. Finally, Johnson Financial Group Inc. acquired a new stake in Murphy USA during the 4th quarter worth $64,000. Institutional investors and hedge funds own 80.81% of the company's stock.

Murphy USA Price Performance

Murphy USA stock traded down $1.70 during midday trading on Friday, reaching $360.78. 610,035 shares of the stock were exchanged, compared to its average volume of 294,311. The company's fifty day moving average is $418.49 and its 200-day moving average is $456.06. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.39 and a current ratio of 0.80. The firm has a market cap of $7.13 billion, a PE ratio of 14.94 and a beta of 0.48. Murphy USA Inc. has a 52 week low of $345.23 and a 52 week high of $561.08.

Murphy USA (NYSE:MUSA - Get Free Report) last released its earnings results on Wednesday, July 30th. The specialty retailer reported $7.36 EPS for the quarter, beating the consensus estimate of $6.82 by $0.54. The company had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.17 billion. Murphy USA had a net margin of 2.52% and a return on equity of 61.57%. The firm's quarterly revenue was down 8.2% compared to the same quarter last year. During the same quarter last year, the firm earned $6.92 EPS. On average, sell-side analysts forecast that Murphy USA Inc. will post 26.45 EPS for the current year.

Analyst Ratings Changes

MUSA has been the topic of several research reports. Jefferies Financial Group cut shares of Murphy USA from a "buy" rating to a "hold" rating and set a $350.00 price objective on the stock. in a research report on Friday. Raymond James Financial lowered shares of Murphy USA from an "outperform" rating to a "market perform" rating in a research note on Friday, May 9th. Stephens decreased their target price on shares of Murphy USA from $530.00 to $475.00 and set an "overweight" rating on the stock in a research report on Friday, May 9th. Wall Street Zen lowered shares of Murphy USA from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Finally, Wells Fargo & Company cut their target price on shares of Murphy USA from $520.00 to $440.00 and set an "overweight" rating on the stock in a research report on Friday. One research analyst has rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $484.88.

Insider Activity at Murphy USA

In other Murphy USA news, Director David C. Haley acquired 1,000 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were acquired at an average price of $435.58 per share, for a total transaction of $435,580.00. Following the completion of the acquisition, the director owned 1,000 shares in the company, valued at $435,580. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 9.04% of the company's stock.

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.