International Assets Investment Management LLC Has $191.66 Million Stock Holdings in Murphy USA Inc. (NYSE:MUSA)

International Assets Investment Management LLC lifted its position in shares of Murphy USA Inc. (NYSE:MUSA - Free Report) by 49,501.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 388,874 shares of the specialty retailer's stock after acquiring an additional 388,090 shares during the quarter. International Assets Investment Management LLC owned approximately 1.88% of Murphy USA worth $191,664,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MUSA. Wealth Enhancement Advisory Services LLC increased its holdings in Murphy USA by 5.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,838 shares of the specialty retailer's stock valued at $1,609,000 after purchasing an additional 200 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Murphy USA by 7.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 69,122 shares of the specialty retailer's stock valued at $28,976,000 after purchasing an additional 4,929 shares during the last quarter. Narus Financial Partners LLC grew its stake in Murphy USA by 6.3% in the first quarter. Narus Financial Partners LLC now owns 1,020 shares of the specialty retailer's stock valued at $428,000 after acquiring an additional 60 shares during the period. Trust Co. of Oklahoma acquired a new position in Murphy USA in the first quarter valued at about $249,000. Finally, Norden Group LLC acquired a new position in Murphy USA in the first quarter valued at about $461,000. Institutional investors own 80.81% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Royal Bank of Canada decreased their target price on Murphy USA from $538.00 to $537.00 and set a "sector perform" rating for the company in a research note on Thursday, August 1st. JPMorgan Chase & Co. cut Murphy USA from a "neutral" rating to an "underweight" rating and upped their price objective for the stock from $415.00 to $435.00 in a research report on Thursday, September 19th. Wells Fargo & Company upped their price objective on Murphy USA from $540.00 to $560.00 and gave the stock an "overweight" rating in a research report on Friday, August 2nd. StockNews.com cut Murphy USA from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Raymond James upped their price objective on Murphy USA from $530.00 to $545.00 and gave the stock an "outperform" rating in a research report on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Murphy USA has a consensus rating of "Hold" and a consensus target price of $464.57.

Insider Buying and Selling at Murphy USA

In other news, Director Robert Madison Murphy sold 16,755 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $514.54, for a total transaction of $8,621,117.70. Following the transaction, the director now owns 396,384 shares in the company, valued at approximately $203,955,423.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Robert Madison Murphy sold 16,755 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $514.54, for a total transaction of $8,621,117.70. Following the transaction, the director now owns 396,384 shares in the company, valued at approximately $203,955,423.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James W. Keyes sold 2,000 shares of the stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $511.54, for a total value of $1,023,080.00. Following the transaction, the director now owns 16,114 shares in the company, valued at approximately $8,242,955.56. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 32,209 shares of company stock worth $16,564,666 over the last 90 days. Company insiders own 9.04% of the company's stock.

Murphy USA Stock Performance

NYSE:MUSA traded up $1.64 on Friday, hitting $473.37. The company's stock had a trading volume of 120,502 shares, compared to its average volume of 198,535. The company has a current ratio of 0.84, a quick ratio of 0.52 and a debt-to-equity ratio of 2.20. The stock has a fifty day moving average of $499.98 and a two-hundred day moving average of $473.27. The firm has a market capitalization of $9.70 billion, a P/E ratio of 19.14 and a beta of 0.77. Murphy USA Inc. has a one year low of $350.55 and a one year high of $552.30.

Murphy USA (NYSE:MUSA - Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The specialty retailer reported $6.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.91 by $0.01. The firm had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.69 billion. Murphy USA had a return on equity of 64.73% and a net margin of 2.50%. The business's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $6.02 earnings per share. Research analysts predict that Murphy USA Inc. will post 23.97 earnings per share for the current year.

Murphy USA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 4th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a $1.92 annualized dividend and a yield of 0.41%. Murphy USA's dividend payout ratio is 7.28%.

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.