USA financial news

Murphy USA Inc. (NYSE:MUSA) Shares Bought by Truist Monetary Corp


Truist Monetary Corp lessened its holdings in Murphy USA Inc. (NYSE:MUSA – Get Ranking) by 5.5% within the 1st quarter, Holdings Channel.com studies. The fund owned 12,988 shares of the specialty retailer’s inventory after promoting 760 shares throughout the interval. Truist Monetary Corp’s holdings in Murphy USA had been value $2,597,000 as of its most up-to-date SEC submitting.

A number of different institutional traders have additionally added to or decreased their stakes in MUSA. Marshall Wace LLP lifted its holdings in shares of Murphy USA by 307.3% throughout the fourth quarter. Marshall Wace LLP now owns 182,305 shares of the specialty retailer’s inventory value $36,323,000 after buying a further 137,549 shares throughout the interval. Goldman Sachs Group Inc. lifted its holdings in shares of Murphy USA by 84.6% throughout the fourth quarter. Goldman Sachs Group Inc. now owns 273,330 shares of the specialty retailer’s inventory value $54,458,000 after buying a further 125,270 shares throughout the interval. Victory Capital Administration Inc. lifted its holdings in shares of Murphy USA by 30.1% throughout the fourth quarter. Victory Capital Administration Inc. now owns 469,696 shares of the specialty retailer’s inventory value $93,582,000 after buying a further 108,737 shares throughout the interval. LSV Asset Administration lifted its holdings in shares of Murphy USA by 6.5% throughout the fourth quarter. LSV Asset Administration now owns 637,505 shares of the specialty retailer’s inventory value $127,016,000 after buying a further 38,835 shares throughout the interval. Lastly, Russell Investments Group Ltd. lifted its holdings in shares of Murphy USA by 321.9% throughout the fourth quarter. Russell Investments Group Ltd. now owns 45,253 shares of the specialty retailer’s inventory value $9,013,000 after buying a further 34,526 shares throughout the interval. Institutional traders and hedge funds personal 84.74% of the corporate’s inventory.

Murphy USA Inventory Down 1.4 %

Shares of MUSA inventory opened at $269.13 on Tuesday. The inventory has a 50 day shifting common of $243.72 and a 200 day shifting common of $215.50. The corporate has a present ratio of 1.08, a fast ratio of 0.77 and a debt-to-equity ratio of two.27. The inventory has a market cap of $6.51 billion, a P/E ratio of 14.11 and a beta of 0.83. Murphy USA Inc. has a twelve month low of $139.88 and a twelve month excessive of $276.86.

Murphy USA (NYSE:MUSA – Get Ranking) final posted its quarterly earnings information on Tuesday, Might third. The specialty retailer reported $6.08 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $3.43. The enterprise had income of $5.12 billion throughout the quarter, in comparison with analysts’ expectations of $4.75 billion. Murphy USA had a return on fairness of 62.11% and a internet margin of two.61%. The enterprise’s income was up 94.2% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the enterprise earned $2.01 earnings per share. As a gaggle, sell-side analysts count on that Murphy USA Inc. will submit 17.54 EPS for the present yr.

Murphy USA Will increase Dividend

The agency additionally not too long ago disclosed a quarterly dividend, which was paid on Wednesday, June 1st. Stockholders of file on Tuesday, Might seventeenth got a $0.31 dividend. The ex-dividend date of this dividend was Monday, Might sixteenth. It is a increase from Murphy USA’s earlier quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized foundation and a dividend yield of 0.46%. Murphy USA’s payout ratio is 6.50%.

Insider Exercise

In different information, Director Robert Madison Murphy offered 40,000 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, Might eleventh. The inventory was offered at a median worth of $239.52, for a complete worth of $9,580,800.00. Following the completion of the sale, the director now instantly owns 523,524 shares within the firm, valued at $125,394,468.48. The transaction was disclosed in a doc filed with the Securities & Change Fee, which will be accessed by means of this hyperlink. In different information, SVP Robert J. Chumley offered 5,409 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, Might eleventh. The inventory was offered at a median worth of $240.38, for a complete worth of $1,300,215.42. Following the completion of the sale, the senior vp now instantly owns 1,370 shares within the firm, valued at $329,320.60. The transaction was disclosed in a doc filed with the Securities & Change Fee, which will be accessed by means of this hyperlink. Additionally, Director Robert Madison Murphy offered 40,000 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, Might eleventh. The inventory was offered at a median worth of $239.52, for a complete worth of $9,580,800.00. Following the sale, the director now owns 523,524 shares of the corporate’s inventory, valued at $125,394,468.48. The disclosure for this sale will be discovered right here. Insiders offered 76,024 shares of firm inventory value $18,243,264 during the last three months. 9.04% of the inventory is presently owned by company insiders.

Analyst Upgrades and Downgrades

Numerous analysis corporations not too long ago commented on MUSA. Raymond James lifted their goal worth on Murphy USA from $215.00 to $260.00 and gave the inventory an “outperform” ranking in a report on Tuesday, April nineteenth. Stephens lifted their worth goal on Murphy USA from $290.00 to $300.00 and gave the corporate an “chubby” ranking in a analysis report on Monday, July eleventh. Wells Fargo & Firm started protection on Murphy USA in a analysis report on Wednesday, Might twenty fifth. They set an “equal weight” ranking and a $230.00 worth goal for the corporate. Lastly, StockNews.com upgraded Murphy USA from a “purchase” ranking to a “strong-buy” ranking in a analysis report on Thursday, July 14th.

Murphy USA Firm Profile

(Get Ranking)

Murphy USA Inc engages in advertising and marketing of retail motor gas merchandise and comfort merchandise. The corporate operates retail shops beneath the Murphy USA, Murphy Specific, and QuickChek manufacturers. As of December 31, 2021, it operated 1,679 retail gasoline shops principally within the Southeast, Southwest, and Midwest United States.

Featured Tales

Wish to see what different hedge funds are holding MUSA? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Murphy USA Inc. (NYSE:MUSA – Get Ranking).

Institutional Ownership by Quarter for Murphy USA (NYSE:MUSA)



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