Arcadia Investment Management Corp MI Increases Stock Position in Murphy USA Inc. (NYSE:MUSA)

Arcadia Investment Management Corp MI boosted its stake in Murphy USA Inc. (NYSE:MUSA) by 13.2% during the 4th quarter, Holdings Channel reports. The firm owned 2,212 shares of the specialty retailer’s stock after buying an additional 258 shares during the quarter. Arcadia Investment Management Corp MI’s holdings in Murphy USA were worth $1,110,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Allianz Asset Management GmbH lifted its stake in Murphy USA by 2.1% in the 4th quarter. Allianz Asset Management GmbH now owns 107,752 shares of the specialty retailer’s stock worth $54,065,000 after purchasing an additional 2,183 shares in the last quarter. Wolverine Asset Management LLC lifted its stake in Murphy USA by 110.3% in the 4th quarter. Wolverine Asset Management LLC now owns 346 shares of the specialty retailer’s stock worth $174,000 after purchasing an additional 3,700 shares in the last quarter. Private Advisor Group LLC lifted its stake in Murphy USA by 120.6% in the 4th quarter. Private Advisor Group LLC now owns 2,334 shares of the specialty retailer’s stock worth $1,171,000 after purchasing an additional 1,276 shares in the last quarter. Global Retirement Partners LLC lifted its stake in Murphy USA by 25.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,008 shares of the specialty retailer’s stock worth $506,000 after purchasing an additional 207 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its stake in Murphy USA by 5.4% in the 4th quarter. CIBC Asset Management Inc now owns 630 shares of the specialty retailer’s stock worth $316,000 after purchasing an additional 32 shares in the last quarter. Hedge funds and other institutional investors own 80.81% of the company’s stock.

Murphy USA Stock Performance

Shares of NYSE:MUSA opened at $461.39 on Friday. The company has a market capitalization of $9.34 billion, a price-to-earnings ratio of 19.07 and a beta of 0.79. Murphy USA Inc. has a 12 month low of $382.04 and a 12 month high of $561.08. The firm’s 50-day moving average is $497.77 and its 200 day moving average is $505.46. The company has a current ratio of 0.79, a quick ratio of 0.37 and a debt-to-equity ratio of 2.18.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 EPS for the quarter, beating the consensus estimate of $6.46 by $0.50. Murphy USA had a net margin of 2.48% and a return on equity of 61.60%. Research analysts predict that Murphy USA Inc. will post 26.45 EPS for the current year.

Murphy USA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, February 24th will be issued a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a yield of 0.42%. This is an increase from Murphy USA’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Monday, February 24th. Murphy USA’s dividend payout ratio is presently 7.93%.

Analyst Ratings Changes

Several analysts have commented on MUSA shares. StockNews.com cut shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Saturday, February 15th. Royal Bank of Canada boosted their target price on shares of Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Finally, Wells Fargo & Company reduced their target price on shares of Murphy USA from $555.00 to $550.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Murphy USA presently has a consensus rating of “Hold” and an average target price of $510.80.

Insider Activity at Murphy USA

In other Murphy USA 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 filing with the SEC, which is available through this link. 9.04% of the stock is currently owned by insiders.

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.