Murphy USA Inc. (NYSE:MUSA) Shares Bought by Security National Bank

Security National Bank lifted its holdings in Murphy USA Inc. (NYSE:MUSA - Free Report) by 5.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 53,215 shares of the specialty retailer's stock after acquiring an additional 2,983 shares during the period. Murphy USA accounts for approximately 4.7% of Security National Bank's holdings, making the stock its 4th biggest holding. Security National Bank owned 0.27% of Murphy USA worth $25,001,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new stake in Murphy USA in the first quarter worth about $40,000. CX Institutional bought a new stake in Murphy USA in the first quarter worth about $59,000. Johnson Financial Group Inc. purchased a new position in shares of Murphy USA during the fourth quarter worth approximately $64,000. SBI Securities Co. Ltd. purchased a new position in shares of Murphy USA during the fourth quarter worth approximately $67,000. Finally, Farther Finance Advisors LLC increased its position in shares of Murphy USA by 63.5% during the first quarter. Farther Finance Advisors LLC now owns 157 shares of the specialty retailer's stock worth $75,000 after acquiring an additional 61 shares during the period. Institutional investors own 80.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on MUSA shares. Wall Street Zen lowered shares of Murphy USA from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Melius started coverage on shares of Murphy USA in a research report on Tuesday, March 11th. They set a "buy" rating and a $600.00 target price on the stock. Raymond James Financial lowered shares of Murphy USA from an "outperform" rating to a "market perform" rating in a research report on Friday, May 9th. Melius Research raised shares of Murphy USA to a "strong-buy" rating in a report on Tuesday, March 11th. Finally, Stephens cut their price objective 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Murphy USA currently has an average rating of "Moderate Buy" and a consensus price target of $526.29.

Insider Activity at Murphy USA

In other Murphy USA news, Director David C. Haley bought 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The stock was bought at an average cost of $435.58 per share, for a total transaction of $435,580.00. Following the completion of the transaction, the director now directly owns 1,000 shares of the company's stock, valued at approximately $435,580. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 9.04% of the stock is currently owned by insiders.

Murphy USA Stock Performance

Shares of NYSE:MUSA traded up $3.75 on Friday, hitting $408.26. 323,738 shares of the company were exchanged, compared to its average volume of 226,577. Murphy USA Inc. has a 1-year low of $385.44 and a 1-year high of $561.08. The stock's 50 day moving average price is $445.56 and its 200 day moving average price is $471.60. The company has a current ratio of 0.80, a quick ratio of 0.39 and a debt-to-equity ratio of 2.74. The firm has a market capitalization of $8.07 billion, a P/E ratio of 17.22 and a beta of 0.50.

Murphy USA (NYSE:MUSA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The specialty retailer reported $2.63 EPS for the quarter, missing the consensus estimate of $3.87 by ($1.24). Murphy USA had a return on equity of 61.19% and a net margin of 2.46%. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.79 billion. During the same quarter in the previous year, the firm posted $3.12 earnings per share. The company's quarterly revenue was down 6.6% on a year-over-year basis. Sell-side analysts predict that Murphy USA Inc. will post 26.45 EPS for the current year.

Murphy USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, May 12th. This is an increase from Murphy USA's previous quarterly dividend of $0.49. This represents a $2.00 dividend on an annualized basis and a yield of 0.49%. Murphy USA's payout ratio is currently 8.44%.

About Murphy USA

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.