Trifecta Capital Advisors LLC Purchases New Stake in Murphy USA Inc. $MUSA

Trifecta Capital Advisors LLC purchased a new stake in Murphy USA Inc. (NYSE:MUSA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 575 shares of the specialty retailer’s stock, valued at approximately $234,000.

Several other large investors have also bought and sold shares of MUSA. Independent Advisor Alliance increased its holdings in Murphy USA by 4.9% in the 1st quarter. Independent Advisor Alliance now owns 489 shares of the specialty retailer’s stock worth $230,000 after acquiring an additional 23 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in Murphy USA by 1.2% in the 1st quarter. State of Alaska Department of Revenue now owns 2,130 shares of the specialty retailer’s stock worth $1,000,000 after acquiring an additional 25 shares during the last quarter. US Bancorp DE increased its holdings in Murphy USA by 0.7% in the 1st quarter. US Bancorp DE now owns 4,473 shares of the specialty retailer’s stock worth $2,101,000 after acquiring an additional 29 shares during the last quarter. Fortune Financial Advisors LLC increased its holdings in Murphy USA by 1.6% in the 2nd quarter. Fortune Financial Advisors LLC now owns 1,821 shares of the specialty retailer’s stock worth $741,000 after acquiring an additional 29 shares during the last quarter. Finally, Applied Capital LLC FL increased its holdings in Murphy USA by 5.9% in the 1st quarter. Applied Capital LLC FL now owns 557 shares of the specialty retailer’s stock worth $262,000 after acquiring an additional 31 shares during the last quarter. 80.81% of the stock is currently owned by institutional investors.

Insider Activity

In other news, COO Malynda K. West sold 1,859 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $386.22, for a total transaction of $717,982.98. Following the completion of the transaction, the chief operating officer owned 117,389 shares of the company’s stock, valued at approximately $45,337,979.58. The trade was a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Madison Murphy acquired 5,000 shares of the business’s stock in a transaction dated Tuesday, August 5th. The shares were acquired at an average cost of $367.01 per share, with a total value of $1,835,050.00. Following the acquisition, the director directly owned 389,172 shares of the company’s stock, valued at $142,830,015.72. This represents a 1.30% increase in their position. The disclosure for this purchase can be found here. 9.04% of the stock is currently owned by insiders.

Murphy USA Stock Down 2.1%

MUSA stock opened at $374.13 on Thursday. The company has a quick ratio of 0.39, a current ratio of 0.80 and a debt-to-equity ratio of 3.20. The firm has a market capitalization of $7.22 billion, a PE ratio of 15.49 and a beta of 0.42. Murphy USA Inc. has a twelve month low of $345.23 and a twelve month high of $561.08. The stock has a 50-day simple moving average of $383.24 and a two-hundred day simple moving average of $425.45.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, July 30th. The specialty retailer reported $7.36 EPS for the quarter, topping the consensus estimate of $6.82 by $0.54. Murphy USA had a return on equity of 64.63% and a net margin of 2.52%.The company had revenue of $5.01 billion during the quarter, compared to analyst estimates of $5.17 billion. During the same quarter in the previous year, the firm earned $6.92 earnings per share. Murphy USA’s revenue was down 8.2% on a year-over-year basis. On average, equities analysts predict that Murphy USA Inc. will post 26.45 EPS for the current fiscal year.

Murphy USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 25th were issued a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, August 25th. This is a positive change from Murphy USA’s previous quarterly dividend of $0.50. This represents a $2.12 annualized dividend and a dividend yield of 0.6%. Murphy USA’s payout ratio is presently 8.78%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MUSA. Jefferies Financial Group lowered Murphy USA from a “buy” rating to a “hold” rating and set a $350.00 price objective for the company. in a report on Friday, August 1st. Wells Fargo & Company decreased their price objective on Murphy USA from $520.00 to $440.00 and set an “overweight” rating for the company in a report on Friday, August 1st. Zacks Research lowered Murphy USA from a “hold” rating to a “strong sell” rating in a report on Monday. KeyCorp reaffirmed an “overweight” rating and set a $480.00 target price on shares of Murphy USA in a report on Friday, September 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Murphy USA in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $483.17.

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.