RPg Family Wealth Advisory LLC Boosts Holdings in Murphy USA Inc. (NYSE:MUSA)

RPg Family Wealth Advisory LLC grew its position in Murphy USA Inc. (NYSE:MUSA) by 2.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,399 shares of the specialty retailer’s stock after purchasing an additional 371 shares during the quarter. Murphy USA comprises approximately 2.0% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 18th biggest holding. RPg Family Wealth Advisory LLC owned about 0.07% of Murphy USA worth $7,097,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in shares of Murphy USA by 777.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 79 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 70 shares during the last quarter. Mather Group LLC. raised its holdings in shares of Murphy USA by 141.4% in the second quarter. Mather Group LLC. now owns 70 shares of the specialty retailer’s stock worth $33,000 after buying an additional 41 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in shares of Murphy USA by 40.4% during the third quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock worth $36,000 after buying an additional 21 shares during the period. Key Financial Inc grew its holdings in shares of Murphy USA by 942.9% during the third quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 132 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its stake in Murphy USA by 82.1% in the 2nd quarter. GHP Investment Advisors Inc. now owns 173 shares of the specialty retailer’s stock worth $81,000 after acquiring an additional 78 shares during the last quarter. 80.81% of the stock is owned by hedge funds and other institutional investors.

Murphy USA Trading Up 0.8 %

Shares of Murphy USA stock opened at $555.48 on Wednesday. The firm has a 50-day simple moving average of $498.51 and a two-hundred day simple moving average of $489.08. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.41 and a current ratio of 0.80. Murphy USA Inc. has a fifty-two week low of $350.55 and a fifty-two week high of $558.65. The company has a market cap of $11.25 billion, a P/E ratio of 22.92 and a beta of 0.75.

Murphy USA (NYSE:MUSA) last released its quarterly earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share for the quarter, topping analysts’ consensus estimates of $6.64 by $0.56. The company had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. Murphy USA’s quarterly revenue was down 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.69 EPS. As a group, equities analysts predict that Murphy USA Inc. will post 23.59 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 4th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.35%. The ex-dividend date is Monday, November 4th. This is a positive change from Murphy USA’s previous quarterly dividend of $0.45. Murphy USA’s payout ratio is presently 7.92%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on MUSA shares. Wells Fargo & Company increased their price objective on Murphy USA from $540.00 to $560.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. JPMorgan Chase & Co. cut shares of Murphy USA from a “neutral” rating to an “underweight” rating and lifted their price objective for the company from $415.00 to $435.00 in a research note on Thursday, September 19th. Raymond James increased their price objective on shares of Murphy USA from $530.00 to $545.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Royal Bank of Canada lowered their price target on shares of Murphy USA from $538.00 to $537.00 and set a “sector perform” rating on the stock in a report on Thursday, August 1st. Finally, StockNews.com lowered Murphy USA from a “buy” rating to a “hold” rating in a research note on Saturday, October 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $495.33.

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.