Zhang Financial LLC Decreases Stock Position in Murphy USA Inc. (NYSE:MUSA)

Zhang Financial LLC trimmed its position in shares of Murphy USA Inc. (NYSE:MUSAFree Report) by 13.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 460 shares of the specialty retailer’s stock after selling 69 shares during the quarter. Zhang Financial LLC’s holdings in Murphy USA were worth $231,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC boosted its stake in Murphy USA by 40.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 21 shares during the last quarter. Fortitude Family Office LLC lifted its stake in shares of Murphy USA by 186.1% in the fourth quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock worth $52,000 after buying an additional 67 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Murphy USA by 348.4% in the fourth quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock worth $70,000 after buying an additional 108 shares in the last quarter. Key Financial Inc boosted its position in Murphy USA by 942.9% during the third quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock worth $72,000 after acquiring an additional 132 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in Murphy USA during the 2nd quarter valued at about $94,000. 80.81% of the stock is owned by institutional investors and hedge funds.

Murphy USA Price Performance

Murphy USA stock opened at $475.85 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19. The stock has a market cap of $9.64 billion, a P/E ratio of 19.63 and a beta of 0.80. The company has a 50-day moving average price of $520.22 and a 200 day moving average price of $505.97. Murphy USA Inc. has a 12-month low of $350.55 and a 12-month high of $561.08.

Murphy USA (NYSE:MUSAGet Free Report) last released its quarterly earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 EPS for the quarter, beating the consensus estimate of $6.64 by $0.56. Murphy USA had a net margin of 2.48% and a return on equity of 62.73%. The firm had revenue of $5.24 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the previous year, the company earned $7.69 EPS. The business’s revenue for the quarter was down 9.6% compared to the same quarter last year. Sell-side analysts anticipate that Murphy USA Inc. will post 23.51 earnings per share for the current year.

Murphy USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 4th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 0.40%. The ex-dividend date was Monday, November 4th. This is a positive change from Murphy USA’s previous quarterly dividend of $0.45. Murphy USA’s dividend payout ratio is 7.92%.

Analyst Ratings Changes

Separately, StockNews.com cut Murphy USA from a “buy” rating to a “hold” rating in a report on Monday, January 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $509.40.

View Our Latest Research Report on Murphy USA

Murphy USA Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Murphy USA (NYSE:MUSA)

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