5,054 Shares in Murphy USA Inc. (NYSE:MUSA) Bought by Callan Family Office LLC

Callan Family Office LLC purchased a new position in shares of Murphy USA Inc. (NYSE:MUSA - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,054 shares of the specialty retailer's stock, valued at approximately $2,536,000.

A number of other large investors also recently modified their holdings of MUSA. FMR LLC boosted its stake in shares of Murphy USA by 6.0% during the 3rd quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer's stock valued at $863,116,000 after buying an additional 99,253 shares during the last quarter. State Street Corp boosted its stake in Murphy USA by 1.5% during the 3rd quarter. State Street Corp now owns 590,558 shares of the specialty retailer's stock valued at $291,068,000 after acquiring an additional 8,507 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Murphy USA by 69.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 428,379 shares of the specialty retailer's stock worth $211,135,000 after acquiring an additional 176,308 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Murphy USA by 4.3% in the 3rd quarter. Geode Capital Management LLC now owns 388,271 shares of the specialty retailer's stock worth $191,407,000 after purchasing an additional 16,006 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Murphy USA by 2.0% in the 4th quarter. Bank of New York Mellon Corp now owns 183,041 shares of the specialty retailer's stock valued at $91,841,000 after purchasing an additional 3,641 shares in the last quarter. 80.81% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several brokerages recently issued reports on MUSA. Wells Fargo & Company reduced their price objective on Murphy USA from $555.00 to $550.00 and set an "overweight" rating on the stock in a research note on Friday, February 7th. Melius initiated coverage on shares of Murphy USA in a research report on Tuesday. They issued a "buy" rating and a $600.00 price target on the stock. Royal Bank of Canada boosted their price objective on shares of Murphy USA from $550.00 to $554.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. Finally, StockNews.com lowered shares of Murphy USA from a "buy" rating to a "hold" rating in a research note on Saturday, February 15th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Murphy USA presently has an average rating of "Hold" and an average target price of $525.67.

Insider Activity

In other 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 sale, the chief marketing officer now directly owns 5,927 shares in the company, valued at approximately $2,783,200.66. This represents a 25.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jeanne Linder Phillips sold 797 shares of the company's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $452.31, for a total value of $360,491.07. Following the completion of the sale, the director now owns 2,349 shares in the company, valued at $1,062,476.19. This trade represents a 25.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,594 shares of company stock valued at $1,695,043. 9.04% of the stock is owned by insiders.

Murphy USA Stock Up 0.7 %

Shares of NYSE:MUSA traded up $3.13 during trading on Tuesday, reaching $469.68. 320,497 shares of the company traded hands, compared to its average volume of 193,062. The firm has a fifty day simple moving average of $483.29 and a 200 day simple moving average of $501.48. The company has a quick ratio of 0.37, a current ratio of 0.79 and a debt-to-equity ratio of 2.18. Murphy USA Inc. has a 1-year low of $382.04 and a 1-year high of $561.08. The firm has a market cap of $9.40 billion, a P/E ratio of 19.41 and a beta of 0.80.

Murphy USA (NYSE:MUSA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share for the quarter, beating the consensus estimate of $6.46 by $0.50. Murphy USA had a net margin of 2.48% and a return on equity of 61.60%. Analysts anticipate that Murphy USA Inc. will post 26.45 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were given a $0.49 dividend. This is an increase from Murphy USA's previous quarterly dividend of $0.48. This represents a $1.96 annualized dividend and a dividend yield of 0.42%. The ex-dividend date of this dividend was Monday, February 24th. Murphy USA's dividend payout ratio (DPR) is currently 8.10%.

Murphy USA 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.