Leeward Investments LLC MA Has $28.61 Million Stock Position in Murphy USA Inc. (NYSE:MUSA)

Leeward Investments LLC MA lessened its holdings in shares of Murphy USA Inc. (NYSE:MUSA) by 4.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 68,259 shares of the specialty retailer’s stock after selling 2,878 shares during the period. Murphy USA accounts for about 1.3% of Leeward Investments LLC MA’s portfolio, making the stock its 11th largest position. Leeward Investments LLC MA owned 0.33% of Murphy USA worth $28,614,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. UMB Bank n.a. raised its holdings in Murphy USA by 191.7% during the 4th 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 last quarter. Cullen Frost Bankers Inc. acquired a new position in Murphy USA in the fourth quarter valued at approximately $25,000. JFS Wealth Advisors LLC boosted its stake in Murphy USA by 394.7% in the fourth quarter. JFS Wealth Advisors LLC now owns 94 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 75 shares during the last quarter. McGlone Suttner Wealth Management Inc. acquired a new stake in Murphy USA during the 4th quarter worth $44,000. Finally, Delta Asset Management LLC TN raised its position in shares of Murphy USA by 70.7% during the 4th 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 last quarter. 80.81% of the stock is owned by institutional investors.

Murphy USA Trading Down 1.5 %

NYSE:MUSA traded down $7.01 on Thursday, reaching $452.85. The company’s stock had a trading volume of 90,531 shares, compared to its average volume of 192,278. The firm has a market cap of $9.38 billion, a PE ratio of 19.00 and a beta of 0.77. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.54 and a current ratio of 0.87. The business’s 50-day moving average price is $445.58 and its two-hundred day moving average price is $411.05. Murphy USA Inc. has a 1-year low of $282.49 and a 1-year high of $489.89.

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). The business had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.89 billion. Murphy USA had a net margin of 2.43% and a return on equity of 64.45%. Murphy USA’s revenue for the quarter was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.80 earnings per share. Equities research analysts anticipate that Murphy USA Inc. will post 24.49 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. Investors of record on Monday, May 20th were paid a $0.44 dividend. The ex-dividend date of this dividend was Friday, May 17th. This is a positive change from Murphy USA’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a yield of 0.39%. Murphy USA’s dividend payout ratio is presently 7.39%.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other news, CEO R Andrew Clyde sold 10,392 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $440.32, for a total value of $4,575,805.44. Following the sale, the chief executive officer now directly owns 199,563 shares in the company, valued at $87,871,580.16. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Murphy USA news, VP Donald R. Smith, Jr. sold 854 shares of Murphy USA stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $438.75, for a total value of $374,692.50. Following the sale, the vice president now directly owns 20,099 shares in the company, valued at approximately $8,818,436.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO R Andrew Clyde sold 10,392 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $440.32, for a total transaction of $4,575,805.44. Following the sale, the chief executive officer now directly owns 199,563 shares in the company, valued at $87,871,580.16. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,451 shares of company stock worth $5,032,498. Corporate insiders own 9.73% 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.