Mutual of America Capital Management LLC Buys 1,006 Shares of Murphy USA Inc. (NYSE:MUSA)

Mutual of America Capital Management LLC raised its position in Murphy USA Inc. (NYSE:MUSA - Free Report) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,911 shares of the specialty retailer's stock after buying an additional 1,006 shares during the quarter. Mutual of America Capital Management LLC owned about 0.09% of Murphy USA worth $8,987,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Advisor Group LLC acquired a new position in Murphy USA during the third quarter valued at approximately $522,000. DekaBank Deutsche Girozentrale increased its stake in shares of Murphy USA by 23.3% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 2,952 shares of the specialty retailer's stock valued at $1,469,000 after purchasing an additional 557 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Murphy USA by 5.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 2,165 shares of the specialty retailer's stock worth $1,067,000 after buying an additional 105 shares in the last quarter. US Bancorp DE raised its holdings in shares of Murphy USA by 3.4% during the 3rd quarter. US Bancorp DE now owns 4,420 shares of the specialty retailer's stock worth $2,178,000 after buying an additional 147 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its position in shares of Murphy USA by 232.2% during the 3rd quarter. New York State Common Retirement Fund now owns 35,378 shares of the specialty retailer's stock worth $17,437,000 after buying an additional 24,727 shares during the last quarter. 80.81% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at Murphy USA

In other Murphy USA news, Director Rosemary Turner sold 797 shares of the company's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $496.10, for a total transaction of $395,391.70. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 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 completion of the transaction, the chief marketing officer now directly owns 5,927 shares of the company's stock, valued at approximately $2,783,200.66. This trade represents a 25.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,594 shares of company stock worth $1,695,043 over the last ninety days. Insiders own 9.04% of the company's stock.

Murphy USA Trading Down 0.8 %

NYSE MUSA traded down $3.99 on Wednesday, hitting $467.01. The company's stock had a trading volume of 306,907 shares, compared to its average volume of 191,109. The firm has a market cap of $9.35 billion, a PE ratio of 19.30 and a beta of 0.79. The company's 50-day moving average is $487.20 and its 200 day moving average is $502.95. 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.

Murphy USA (NYSE:MUSA - Get Free Report) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. As a group, 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 disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, February 24th will be paid a $0.49 dividend. This is a positive change from Murphy USA's previous quarterly dividend of $0.48. This represents a $1.96 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend is Monday, February 24th. Murphy USA's payout ratio is currently 8.10%.

Wall Street Analyst Weigh In

MUSA has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered their target price on Murphy USA from $555.00 to $550.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. StockNews.com lowered shares of Murphy USA from a "buy" rating to a "hold" rating in a report on Saturday, February 15th. Finally, Royal Bank of Canada increased 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 note on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $510.80.

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.