Fuller & Thaler Asset Management Inc. Has $210.43 Million Position in Murphy USA Inc. (NYSE:MUSA)

Fuller & Thaler Asset Management Inc. cut its holdings in shares of Murphy USA Inc. (NYSE:MUSA - Free Report) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 419,397 shares of the specialty retailer's stock after selling 28,504 shares during the quarter. Murphy USA comprises approximately 0.8% of Fuller & Thaler Asset Management Inc.'s portfolio, making the stock its 24th biggest holding. Fuller & Thaler Asset Management Inc. owned approximately 2.07% of Murphy USA worth $210,432,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Murphy USA by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 1,864,405 shares of the specialty retailer's stock worth $935,465,000 after purchasing an additional 54,658 shares during the period. FMR LLC increased its holdings in shares of Murphy USA by 1.9% in the 4th quarter. FMR LLC now owns 1,783,849 shares of the specialty retailer's stock valued at $895,046,000 after acquiring an additional 32,643 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Murphy USA by 4.0% during the fourth quarter. Invesco Ltd. now owns 470,602 shares of the specialty retailer's stock worth $236,125,000 after purchasing an additional 18,097 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Murphy USA by 69.9% during the third quarter. JPMorgan Chase & Co. now owns 428,379 shares of the specialty retailer's stock worth $211,135,000 after purchasing an additional 176,308 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Murphy USA by 8.6% during the fourth quarter. Geode Capital Management LLC now owns 421,760 shares of the specialty retailer's stock worth $211,667,000 after purchasing an additional 33,489 shares during the period. 80.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MUSA has been the topic of a number of analyst reports. Wells Fargo & Company dropped their price objective on shares of Murphy USA from $555.00 to $550.00 and set an "overweight" rating on the stock in a report on Friday, February 7th. Melius Research upgraded shares of Murphy USA to a "strong-buy" rating in a research report on Tuesday, March 11th. Melius assumed coverage on shares of Murphy USA in a research report on Tuesday, March 11th. They set a "buy" rating and a $600.00 price objective for the company. Stephens upgraded shares of Murphy USA to a "strong-buy" rating in a report on Monday, April 7th. Finally, Royal Bank of Canada raised their target price on shares of Murphy USA from $550.00 to $554.00 and gave the stock a "sector perform" rating in a report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $539.00.

Murphy USA Price Performance

MUSA traded down $1.23 during midday trading on Monday, reaching $490.32. 56,835 shares of the company's stock were exchanged, compared to its average volume of 243,580. The firm has a market capitalization of $9.71 billion, a price-to-earnings ratio of 20.26 and a beta of 0.73. The company has a quick ratio of 0.37, a current ratio of 0.79 and a debt-to-equity ratio of 2.18. Murphy USA Inc. has a one year low of $382.04 and a one year high of $561.08. The business has a 50-day simple moving average of $470.84 and a two-hundred day simple moving average of $493.73.

Murphy USA (NYSE:MUSA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 EPS for the quarter, topping analysts' consensus estimates of $6.46 by $0.50. Murphy USA had a net margin of 2.48% and a return on equity of 61.60%. As a group, research analysts predict that Murphy USA Inc. will post 26.45 EPS for the current year.

Murphy USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were paid a dividend of $0.49 per share. This is a boost from Murphy USA's previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.96 dividend on an annualized basis and a yield of 0.40%. Murphy USA's dividend payout ratio (DPR) is currently 8.10%.

Insiders Place Their Bets

In other news, Director Rosemary Turner sold 797 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $496.10, for a total transaction of $395,391.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Renee M. Bacon sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $469.58, for a total transaction of $939,160.00. Following the sale, the chief marketing officer now directly owns 5,927 shares of the company's stock, valued at approximately $2,783,200.66. The trade was a 25.23 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,594 shares of company stock worth $1,695,043 over the last quarter. Company 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.