Stifel Financial Corp Has $4.13 Million Stock Holdings in Murphy USA Inc. (NYSE:MUSA)

Stifel Financial Corp increased its position in Murphy USA Inc. (NYSE:MUSA - Free Report) by 22.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,385 shares of the specialty retailer's stock after purchasing an additional 1,526 shares during the quarter. Stifel Financial Corp's holdings in Murphy USA were worth $4,133,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Envestnet Portfolio Solutions Inc. raised its holdings in Murphy USA by 30.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,662 shares of the specialty retailer's stock valued at $780,000 after acquiring an additional 385 shares during the period. Assenagon Asset Management S.A. acquired a new stake in Murphy USA during the 2nd quarter worth approximately $4,566,000. Raymond James & Associates grew its holdings in Murphy USA by 1.3% in the 2nd quarter. Raymond James & Associates now owns 38,705 shares of the specialty retailer's stock valued at $18,171,000 after buying an additional 492 shares in the last quarter. First Horizon Advisors Inc. increased its position in Murphy USA by 25.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 201 shares of the specialty retailer's stock worth $94,000 after buying an additional 41 shares during the period. Finally, Fifth Third Wealth Advisors LLC bought a new stake in shares of Murphy USA in the second quarter valued at about $310,000. Institutional investors own 80.81% of the company's stock.

Murphy USA Price Performance

Shares of MUSA stock traded down $3.48 during trading hours on Monday, reaching $547.42. The company's stock had a trading volume of 175,602 shares, compared to its average volume of 192,776. Murphy USA Inc. has a fifty-two week low of $350.55 and a fifty-two week high of $561.08. The firm's 50 day simple moving average is $513.31 and its 200-day simple moving average is $499.42. The company has a quick ratio of 0.41, a current ratio of 0.80 and a debt-to-equity ratio of 2.19. The company has a market capitalization of $11.08 billion, a price-to-earnings ratio of 22.58 and a beta of 0.78.

Murphy USA (NYSE:MUSA - Get Free Report) last released its earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.64 by $0.56. The firm had revenue of $5.24 billion for the quarter, compared to analysts' expectations of $5.54 billion. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. The business's revenue for the quarter was down 9.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $7.69 earnings per share. Sell-side analysts forecast that Murphy USA Inc. will post 23.59 earnings per share for the current year.

Murphy USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 4th were given a $0.48 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $1.92 dividend on an annualized basis and a yield of 0.35%. This is a positive change from Murphy USA's previous quarterly dividend of $0.45. Murphy USA's dividend payout ratio (DPR) is currently 7.92%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on MUSA shares. JPMorgan Chase & Co. lowered shares of Murphy USA from a "neutral" rating to an "underweight" rating and increased their target price for the stock from $415.00 to $435.00 in a research report on Thursday, September 19th. StockNews.com upgraded Murphy USA from a "hold" rating to a "buy" rating in a research note on Wednesday, December 11th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $495.33.

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.