Murphy USA (NYSE:MUSA) SVP Renee Bacon Sells 353 Shares

Murphy USA Inc. (NYSE:MUSA) SVP Renee Bacon sold 353 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $373.39, for a total value of $131,806.67. Following the completion of the sale, the senior vice president directly owned 5,927 shares in the company, valued at approximately $2,213,082.53. This trade represents a 5.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Murphy USA Stock Performance

Shares of NYSE:MUSA traded down $5.31 during trading hours on Tuesday, hitting $363.67. The stock had a trading volume of 338,540 shares, compared to its average volume of 334,239. The stock’s fifty day simple moving average is $413.70 and its 200 day simple moving average is $392.05. The firm has a market capitalization of $6.75 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 3.23 and a beta of 0.38. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.36 and a current ratio of 0.80. Murphy USA Inc. has a 1-year low of $345.23 and a 1-year high of $523.09.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, February 4th. The specialty retailer reported $7.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.67 by $0.86. Murphy USA had a return on equity of 75.75% and a net margin of 2.43%.The business had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.88 billion. During the same period in the prior year, the company posted $6.96 EPS. The business’s revenue for the quarter was up .7% compared to the same quarter last year. Sell-side analysts anticipate that Murphy USA Inc. will post 26.45 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MUSA has been the topic of several recent research reports. Stephens lowered their price objective on shares of Murphy USA from $475.00 to $450.00 and set an “overweight” rating on the stock in a research note on Friday. Wells Fargo & Company dropped their price target on Murphy USA from $410.00 to $400.00 and set an “equal weight” rating on the stock in a report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Murphy USA in a research note on Monday, December 29th. Royal Bank Of Canada cut their target price on Murphy USA from $467.00 to $445.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Finally, Zacks Research raised Murphy USA from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $457.50.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC increased its stake in shares of Murphy USA by 10.2% during the 1st quarter. NewEdge Advisors LLC now owns 1,685 shares of the specialty retailer’s stock worth $792,000 after purchasing an additional 156 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Murphy USA during the second quarter worth $29,000. Blair William & Co. IL bought a new position in Murphy USA during the second quarter valued at about $349,000. Fifth Third Wealth Advisors LLC lifted its position in shares of Murphy USA by 8.0% in the second quarter. Fifth Third Wealth Advisors LLC now owns 638 shares of the specialty retailer’s stock worth $260,000 after buying an additional 47 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of Murphy USA by 8.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,205 shares of the specialty retailer’s stock worth $902,000 after acquiring an additional 173 shares in the last quarter. 80.81% of the stock is owned by institutional investors and hedge funds.

About Murphy USA

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.