Murphy USA Inc. (NYSE:MUSA) Shares Sold by Chilton Investment Co. Inc.

Chilton Investment Co. Inc. lowered its holdings in shares of Murphy USA Inc. (NYSE:MUSAFree Report) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 115,518 shares of the specialty retailer’s stock after selling 3,013 shares during the period. Murphy USA comprises 1.2% of Chilton Investment Co. Inc.’s portfolio, making the stock its 22nd largest holding. Chilton Investment Co. Inc. owned approximately 0.54% of Murphy USA worth $41,189,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MUSA. FMR LLC boosted its stake in shares of Murphy USA by 15.0% during the 3rd quarter. FMR LLC now owns 1,080,410 shares of the specialty retailer’s stock worth $369,208,000 after purchasing an additional 140,879 shares during the last quarter. Invesco Ltd. grew its stake in Murphy USA by 30.8% in the 3rd quarter. Invesco Ltd. now owns 308,398 shares of the specialty retailer’s stock worth $105,389,000 after acquiring an additional 72,537 shares during the period. International Assets Investment Management LLC raised its holdings in Murphy USA by 35,556.0% in the 4th quarter. International Assets Investment Management LLC now owns 269,916 shares of the specialty retailer’s stock valued at $96,241,000 after acquiring an additional 269,159 shares during the last quarter. Norges Bank acquired a new position in Murphy USA in the fourth quarter valued at $81,560,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Murphy USA by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 194,560 shares of the specialty retailer’s stock valued at $69,372,000 after acquiring an additional 1,986 shares during the last quarter. Hedge funds and other institutional investors own 80.81% of the company’s stock.

Murphy USA Stock Up 5.6 %

NYSE MUSA traded up $25.10 on Wednesday, hitting $474.19. 424,346 shares of the stock traded hands, compared to its average volume of 219,074. The company has a market capitalization of $9.83 billion, a P/E ratio of 19.90 and a beta of 0.76. The stock has a 50-day moving average of $427.49 and a 200 day moving average of $399.03. The company has a current ratio of 0.87, a quick ratio of 0.54 and a debt-to-equity ratio of 2.28. Murphy USA Inc. has a twelve month low of $282.49 and a twelve month high of $488.62.

Murphy USA (NYSE:MUSAGet Free Report) last issued its earnings results on Wednesday, May 1st. The specialty retailer reported $3.12 earnings per share for the quarter, missing analysts’ consensus estimates of $4.09 by ($0.97). Murphy USA had a return on equity of 64.45% and a net margin of 2.43%. The business had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.89 billion. During the same period last year, the company posted $4.80 earnings per share. The firm’s revenue for the quarter was down 4.6% on a year-over-year basis. As a group, analysts expect that Murphy USA Inc. will post 24.61 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Monday, May 20th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 0.37%. This is a boost from Murphy USA’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Friday, May 17th. Murphy USA’s dividend payout ratio (DPR) is presently 7.39%.

Analyst Upgrades and Downgrades

Several research firms recently commented on MUSA. StockNews.com lowered shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Thursday, May 9th. Stephens restated an “overweight” rating and set a $470.00 target price on shares of Murphy USA in a report on Wednesday, April 10th. Finally, Wells Fargo & Company upped their target price on Murphy USA from $440.00 to $460.00 and gave the stock an “overweight” rating in a research report on Friday, April 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $408.60.

Read Our Latest Report on Murphy USA

Insider Activity

In other Murphy USA news, Director Rosemary Turner sold 205 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $400.00, for a total transaction of $82,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, VP Donald R. Smith, Jr. sold 854 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $438.75, for a total transaction of $374,692.50. Following the transaction, the vice president now directly owns 20,099 shares of the company’s stock, valued at $8,818,436.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rosemary Turner sold 205 shares of Murphy USA stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $400.00, for a total transaction of $82,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,451 shares of company stock valued at $5,032,498. 9.73% of the stock is currently owned by company insiders.

About Murphy USA

(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.

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

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