Fmr LLC Has $895.05 Million Stock Position in Murphy USA Inc. (NYSE:MUSA)

FMR LLC increased its holdings in shares of Murphy USA Inc. (NYSE:MUSA - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,783,849 shares of the specialty retailer's stock after acquiring an additional 32,643 shares during the quarter. FMR LLC owned approximately 8.81% of Murphy USA worth $895,046,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Captrust Financial Advisors bought a new stake in shares of Murphy USA in the 3rd quarter worth approximately $204,000. Integrated Wealth Concepts LLC bought a new stake in Murphy USA in the third quarter valued at $222,000. Quantinno Capital Management LP boosted its holdings in shares of Murphy USA by 35.3% during the third quarter. Quantinno Capital Management LP now owns 863 shares of the specialty retailer's stock valued at $425,000 after acquiring an additional 225 shares during the period. Stifel Financial Corp grew its position in shares of Murphy USA by 22.2% during the third quarter. Stifel Financial Corp now owns 8,385 shares of the specialty retailer's stock worth $4,133,000 after acquiring an additional 1,526 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of Murphy USA by 1.5% in the 3rd quarter. State Street Corp now owns 590,558 shares of the specialty retailer's stock worth $291,068,000 after acquiring an additional 8,507 shares during the period. Institutional investors own 80.81% of the company's stock.

Murphy USA Trading Up 6.7 %

NYSE MUSA traded up $32.36 on Friday, hitting $514.54. 577,174 shares of the stock were exchanged, compared to its average volume of 204,424. 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 current ratio of 0.79 and a quick ratio of 0.37. The company has a market capitalization of $10.19 billion, a price-to-earnings ratio of 21.26 and a beta of 0.73. The company's 50-day moving average price is $468.08 and its two-hundred day moving average price is $492.46.

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Murphy USA (NYSE:MUSA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $6.96 EPS for the quarter, topping analysts' consensus estimates of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. Research analysts predict that Murphy USA Inc. will post 26.45 EPS for the current year.

Murphy USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were given a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 0.38%. This is an increase from Murphy USA's previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Monday, February 24th. Murphy USA's payout ratio is currently 8.10%.

Insider Activity

In other news, Director Jeanne Linder Phillips sold 797 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $452.31, for a total transaction of $360,491.07. Following the completion of the sale, the director now owns 2,349 shares in the company, valued at approximately $1,062,476.19. This represents a 25.33 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CMO Renee M. Bacon sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The shares were 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 directly owns 5,927 shares in the company, valued at $2,783,200.66. The trade was a 25.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,594 shares of company stock worth $1,695,043. 9.04% of the stock is owned by corporate insiders.

Analyst Ratings Changes

MUSA has been the subject of several recent analyst reports. StockNews.com upgraded shares of Murphy USA from a "hold" rating to a "buy" rating in a research report on Thursday. Stephens raised Murphy USA to a "strong-buy" rating in a research note on Monday, April 7th. Royal Bank of Canada increased 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 cut their price objective on shares of Murphy USA from $555.00 to $550.00 and set an "overweight" rating on the stock in a research note on Friday, February 7th. Finally, KeyCorp started coverage on shares of Murphy USA in a research report on Friday. They issued an "overweight" rating and a $550.00 target price for the company. One analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $539.00.

About Murphy USA

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.