Trust Co. of Oklahoma Invests $249,000 in Murphy USA Inc. (NYSE:MUSA)

Trust Co. of Oklahoma acquired a new position in Murphy USA Inc. (NYSE:MUSA) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 594 shares of the specialty retailer’s stock, valued at approximately $249,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. UMB Bank n.a. lifted its position in Murphy USA by 191.7% in the fourth quarter. UMB Bank n.a. now owns 70 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 46 shares during the period. Cullen Frost Bankers Inc. bought a new position in Murphy USA in the fourth quarter worth $25,000. JFS Wealth Advisors LLC lifted its position in Murphy USA by 394.7% in the fourth quarter. JFS Wealth Advisors LLC now owns 94 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 75 shares during the period. McGlone Suttner Wealth Management Inc. bought a new position in Murphy USA in the fourth quarter worth $44,000. Finally, Delta Asset Management LLC TN lifted its holdings in shares of Murphy USA by 70.7% during the fourth quarter. Delta Asset Management LLC TN now owns 128 shares of the specialty retailer’s stock valued at $46,000 after acquiring an additional 53 shares during the period. Institutional investors and hedge funds own 80.81% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on MUSA shares. Stephens reissued an “overweight” rating and set a $470.00 price objective on shares of Murphy USA in a report on Wednesday, April 10th. Wells Fargo & Company lifted their price objective on Murphy USA from $440.00 to $460.00 and gave the company an “overweight” rating in a report on Friday, April 19th. Finally, StockNews.com cut Murphy USA from a “buy” rating to a “hold” rating in a report on Thursday, May 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $408.60.

Insider Buying and Selling at Murphy USA

In related news, VP Donald R. Smith, Jr. sold 854 shares of the company’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $438.75, for a total transaction of $374,692.50. Following the sale, the vice president now owns 20,099 shares in the company, valued at $8,818,436.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other 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 SEC, which can be accessed through this link. Also, VP Donald R. Smith, Jr. sold 854 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $438.75, for a total transaction of $374,692.50. Following the completion of the sale, the vice president now owns 20,099 shares of the company’s stock, valued at $8,818,436.25. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,451 shares of company stock worth $5,032,498. Insiders own 9.73% of the company’s stock.

Murphy USA Stock Down 1.5 %

Shares of MUSA traded down $7.01 on Wednesday, hitting $452.85. The company’s stock had a trading volume of 90,531 shares, compared to its average volume of 215,788. The company has a quick ratio of 0.54, a current ratio of 0.87 and a debt-to-equity ratio of 2.28. The firm’s fifty day moving average price is $444.93 and its 200-day moving average price is $410.76. Murphy USA Inc. has a fifty-two week low of $282.49 and a fifty-two week high of $489.89. The firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of 19.00 and a beta of 0.77.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, May 1st. The specialty retailer reported $3.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.09 by ($0.97). Murphy USA had a net margin of 2.43% and a return on equity of 64.45%. The business had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.89 billion. During the same quarter in the prior year, the firm posted $4.80 earnings per share. Murphy USA’s revenue for the quarter was down 4.6% compared to the same quarter last year. On average, equities research analysts expect that Murphy USA Inc. will post 24.57 EPS for the current year.

Murphy USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Monday, May 20th were given a $0.44 dividend. The ex-dividend date of this dividend was Friday, May 17th. This represents a $1.76 dividend on an annualized basis and a yield of 0.39%. This is an increase from Murphy USA’s previous quarterly dividend of $0.42. Murphy USA’s dividend payout ratio (DPR) is 7.39%.

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.