Lindenwold Advisors INC Purchases 39 Shares of Murphy USA Inc. (NYSE:MUSA)

Lindenwold Advisors INC grew its position in Murphy USA Inc. (NYSE:MUSA) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,089 shares of the specialty retailer’s stock after purchasing an additional 39 shares during the period. Lindenwold Advisors INC’s holdings in Murphy USA were worth $537,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in Murphy USA by 777.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 79 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 70 shares during the last quarter. Mather Group LLC. increased its position in shares of Murphy USA by 141.4% during the second quarter. Mather Group LLC. now owns 70 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 41 shares during the last quarter. V Square Quantitative Management LLC increased its position in shares of Murphy USA by 40.4% during the third quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock valued at $36,000 after acquiring an additional 21 shares during the last quarter. EntryPoint Capital LLC bought a new stake in Murphy USA during the first quarter worth $69,000. Finally, Key Financial Inc boosted its position in Murphy USA by 942.9% in the third quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock worth $72,000 after purchasing an additional 132 shares during the last quarter. 80.81% of the stock is owned by institutional investors.

Murphy USA Stock Down 1.5 %

Murphy USA stock opened at $521.00 on Tuesday. The firm has a 50 day simple moving average of $497.14 and a 200 day simple moving average of $482.83. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19. Murphy USA Inc. has a 1-year low of $350.55 and a 1-year high of $552.30. The firm has a market capitalization of $10.55 billion, a price-to-earnings ratio of 21.49 and a beta of 0.75.

Murphy USA (NYSE:MUSA) last released its quarterly earnings data on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.64 by $0.56. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. The company had revenue of $5.24 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period in the previous year, the company posted $7.69 EPS. The firm’s revenue for the quarter was down 9.6% compared to the same quarter last year. On average, analysts predict that Murphy USA Inc. will post 23.61 earnings per share for the current year.

Murphy USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 4th will be paid a dividend of $0.48 per share. The ex-dividend date is Monday, November 4th. This represents a $1.92 annualized dividend and a yield of 0.37%. This is a boost from Murphy USA’s previous quarterly dividend of $0.45. Murphy USA’s payout ratio is currently 7.92%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MUSA. JPMorgan Chase & Co. lowered Murphy USA from a “neutral” rating to an “underweight” rating and raised their target price for the company from $415.00 to $435.00 in a research report on Thursday, September 19th. Wells Fargo & Company raised their price objective on shares of Murphy USA from $540.00 to $560.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Raymond James lifted their price objective on shares of Murphy USA from $530.00 to $545.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. Royal Bank of Canada reduced their target price on shares of Murphy USA from $538.00 to $537.00 and set a “sector perform” rating for the company in a research report on Thursday, August 1st. Finally, StockNews.com cut shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Saturday, October 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $495.33.

Insider Buying and Selling

In other Murphy USA news, Director James W. Keyes sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $511.54, for a total value of $1,023,080.00. Following the transaction, the director now directly owns 16,114 shares in the company, valued at $8,242,955.56. This represents a 11.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.73% of the stock is currently owned by insiders.

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.