Callan Family Office LLC Invests $2.54 Million in Murphy USA Inc. (NYSE:MUSA)

Callan Family Office LLC bought a new position in shares of Murphy USA Inc. (NYSE:MUSA) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,054 shares of the specialty retailer’s stock, valued at approximately $2,536,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Lisle Cummings Inc. purchased a new position in shares of Murphy USA during the fourth quarter valued at $50,000. V Square Quantitative Management LLC grew its stake in Murphy USA by 37.0% in the fourth quarter. V Square Quantitative Management LLC now owns 100 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 27 shares in the last quarter. Fortitude Family Office LLC grew its stake in Murphy USA by 186.1% in the fourth quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 67 shares in the last quarter. R Squared Ltd purchased a new position in Murphy USA in the fourth quarter valued at about $55,000. Finally, SBI Securities Co. Ltd. purchased a new position in Murphy USA in the fourth quarter valued at about $67,000. Hedge funds and other institutional investors own 80.81% of the company’s stock.

Murphy USA Stock Performance

MUSA opened at $455.74 on Friday. Murphy USA Inc. has a 52-week low of $382.04 and a 52-week high of $561.08. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.37 and a current ratio of 0.79. The company has a market cap of $9.12 billion, a PE ratio of 18.83 and a beta of 0.80. The stock has a 50-day moving average of $484.93 and a 200-day moving average of $502.32.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share for the quarter, topping the consensus estimate of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. As a group, equities research analysts forecast that Murphy USA Inc. will post 26.45 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were given a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend was Monday, February 24th. This is a boost from Murphy USA’s previous quarterly dividend of $0.48. Murphy USA’s payout ratio is currently 8.10%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MUSA. Royal Bank of Canada upped their price target on Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. Wells Fargo & Company decreased their price target on Murphy USA from $555.00 to $550.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Finally, StockNews.com downgraded Murphy USA from a “buy” rating to a “hold” rating in a research note on Saturday, February 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $510.80.

Insider Buying and Selling

In other Murphy USA news, CMO Renee M. Bacon sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $469.58, for a total value of $939,160.00. Following the completion of the transaction, the chief marketing officer now owns 5,927 shares of the company’s stock, valued at $2,783,200.66. This represents a 25.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Rosemary Turner sold 797 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $496.10, for a total value of $395,391.70. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,594 shares of company stock valued at $1,695,043. Insiders own 9.04% of the company’s stock.

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.