Bryn Mawr Trust Advisors LLC Takes $791,000 Position in Murphy USA Inc. $MUSA

Bryn Mawr Trust Advisors LLC purchased a new position in Murphy USA Inc. (NYSE:MUSA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,467 shares of the specialty retailer’s stock, valued at approximately $791,000.

A number of other large investors have also recently made changes to their positions in MUSA. Huntington National Bank raised its holdings in shares of Murphy USA by 106.7% during the fourth quarter. Huntington National Bank now owns 62 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 32 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Murphy USA by 423.1% in the second quarter. EverSource Wealth Advisors LLC now owns 68 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 55 shares during the last quarter. Root Financial Partners LLC grew its position in Murphy USA by 82.5% in the 1st quarter. Root Financial Partners LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 33 shares during the period. WPG Advisers LLC grew its position in Murphy USA by 148.5% in the 4th quarter. WPG Advisers LLC now owns 82 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 49 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in Murphy USA in the 4th quarter worth approximately $33,000. 80.81% of the stock is currently owned by institutional investors.

Murphy USA Price Performance

NYSE:MUSA opened at $569.26 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.92 and a debt-to-equity ratio of 2.77. The business’s 50-day simple moving average is $578.36 and its two-hundred day simple moving average is $514.04. The stock has a market cap of $10.51 billion, a PE ratio of 17.33, a P/E/G ratio of 1.65 and a beta of 0.28. Murphy USA Inc. has a 52 week low of $349.83 and a 52 week high of $636.04.

Murphy USA (NYSE:MUSA) last announced its quarterly earnings data on Wednesday, August 5th. The specialty retailer reported $11.27 EPS for the quarter, beating the consensus estimate of $9.95 by $1.32. The business had revenue of $6.81 billion for the quarter, compared to the consensus estimate of $6.03 billion. Murphy USA had a return on equity of 96.01% and a net margin of 2.87%.The business’s revenue was up 36.0% on a year-over-year basis. During the same period in the previous year, the business earned $7.36 earnings per share. As a group, analysts forecast that Murphy USA Inc. will post 33.84 EPS for the current fiscal year.

Murphy USA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Monday, August 24th will be paid a dividend of $0.65 per share. This is a boost from Murphy USA’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend is Monday, August 24th. This represents a $2.60 annualized dividend and a yield of 0.5%. Murphy USA’s dividend payout ratio is 7.80%.

Insider Buying and Selling

In other Murphy USA news, Director Diane N. Landen sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $547.25, for a total value of $1,641,750.00. Following the completion of the transaction, the director directly owned 53,841 shares in the company, valued at $29,464,487.25. This represents a 5.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Renee M. Bacon sold 1,050 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $529.44, for a total transaction of $555,912.00. Following the sale, the senior vice president directly owned 3,083 shares of the company’s stock, valued at approximately $1,632,263.52. This trade represents a 25.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.02% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Wall Street Zen raised Murphy USA from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 27th. JPMorgan Chase & Co. cut their price objective on Murphy USA from $655.00 to $633.00 and set an “overweight” rating for the company in a report on Friday, August 7th. Wells Fargo & Company increased their target price on Murphy USA from $520.00 to $570.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. The Goldman Sachs Group raised Murphy USA from a “sell” rating to a “neutral” rating and raised their target price for the stock from $380.00 to $550.00 in a research report on Monday, July 6th. Finally, Capital One Financial started coverage on Murphy USA in a research note on Monday, June 22nd. They set an “overweight” rating and a $710.00 price target for the company. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $606.89.

Murphy USA Company Profile

Murphy USA is a leading downstream marketer of gasoline, diesel and convenience store products in the United States. Headquartered in El Dorado, Arkansas, the company was originally established as part of Murphy Oil Corporation and was spun off as an independent public entity in 2013. Since its separation, Murphy USA has focused on retail fueling services and convenience offerings designed to deliver value and convenience to consumers.

The company’s primary operations center on two retail formats.