Victory Capital Management Inc. Has $78.46 Million Stock Holdings in Murphy USA Inc. (NYSE:MUSA)

Victory Capital Management Inc. trimmed its position in Murphy USA Inc. (NYSE:MUSA - Free Report) by 0.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 156,375 shares of the specialty retailer's stock after selling 1,027 shares during the quarter. Victory Capital Management Inc. owned approximately 0.77% of Murphy USA worth $78,461,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MUSA. Larson Financial Group LLC increased its holdings in Murphy USA by 5.4% in the third quarter. Larson Financial Group LLC now owns 391 shares of the specialty retailer's stock valued at $193,000 after purchasing an additional 20 shares during the last quarter. UMB Bank n.a. raised its position in shares of Murphy USA by 6.4% in the 4th quarter. UMB Bank n.a. now owns 347 shares of the specialty retailer's stock valued at $174,000 after acquiring an additional 21 shares during the period. US Bancorp DE boosted its stake in Murphy USA by 0.5% during the 4th quarter. US Bancorp DE now owns 4,444 shares of the specialty retailer's stock worth $2,230,000 after acquiring an additional 24 shares during the last quarter. Measured Wealth Private Client Group LLC grew its holdings in Murphy USA by 2.8% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 967 shares of the specialty retailer's stock valued at $485,000 after purchasing an additional 26 shares during the period. Finally, V Square Quantitative Management LLC increased its stake in Murphy USA by 37.0% in the fourth quarter. V Square Quantitative Management LLC now owns 100 shares of the specialty retailer's stock valued at $50,000 after purchasing an additional 27 shares in the last quarter. 80.81% of the stock is owned by institutional investors.

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Insider Transactions at Murphy USA

In other news, Director Rosemary Turner sold 797 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $496.10, for a total value of $395,391.70. The sale 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 Murphy USA stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $469.58, for a total value of $939,160.00. Following the transaction, the chief marketing officer now owns 5,927 shares of the company's stock, valued at $2,783,200.66. The trade was a 25.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,594 shares of company stock worth $1,695,043 in the last 90 days. Corporate insiders own 9.04% of the company's stock.

Murphy USA Stock Up 2.6 %

MUSA traded up $11.92 during trading hours on Monday, hitting $467.37. 335,637 shares of the company's stock were exchanged, compared to its average volume of 192,580. The stock has a market cap of $9.35 billion, a price-to-earnings ratio of 19.31 and a beta of 0.80. Murphy USA Inc. has a 1-year low of $382.04 and a 1-year high of $561.08. The stock's 50-day moving average is $483.94 and its two-hundred day moving average is $501.77. 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 (NYSE:MUSA - Get Free Report) last posted 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 net margin of 2.48% and a return on equity of 61.60%. Sell-side analysts predict that Murphy USA Inc. will post 26.45 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were given a dividend of $0.49 per share. This is a positive change from Murphy USA's previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.96 annualized dividend and a dividend yield of 0.42%. Murphy USA's payout ratio is 8.10%.

Wall Street Analysts Forecast Growth

MUSA has been the subject of a number of research reports. Royal Bank of Canada increased their target price 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. StockNews.com lowered shares of Murphy USA from a "buy" rating to a "hold" rating in a report on Saturday, February 15th. Finally, Wells Fargo & Company reduced their target price on shares of Murphy USA from $555.00 to $550.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $510.80.

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.