denkapparat Operations GmbH Has $1.03 Million Stock Holdings in Murphy USA Inc. $MUSA

denkapparat Operations GmbH raised its stake in Murphy USA Inc. (NYSE:MUSA) by 130.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,918 shares of the specialty retailer’s stock after purchasing an additional 1,086 shares during the period. denkapparat Operations GmbH’s holdings in Murphy USA were worth $1,034,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its holdings in shares of Murphy USA by 1.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,625 shares of the specialty retailer’s stock worth $876,000 after buying an additional 19 shares during the period. Kenora Financial LLC raised its holdings in Murphy USA by 3.3% in the 1st quarter. Kenora Financial LLC now owns 654 shares of the specialty retailer’s stock valued at $323,000 after acquiring an additional 21 shares during the period. Enhancing Capital LLC raised its holdings in Murphy USA by 2.1% in the 4th quarter. Enhancing Capital LLC now owns 1,132 shares of the specialty retailer’s stock valued at $457,000 after acquiring an additional 23 shares during the period. Fifth Third Wealth Advisors LLC lifted its position in Murphy USA by 3.0% during the first quarter. Fifth Third Wealth Advisors LLC now owns 864 shares of the specialty retailer’s stock worth $427,000 after acquiring an additional 25 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in Murphy USA by 1.9% during the third quarter. NewEdge Advisors LLC now owns 1,470 shares of the specialty retailer’s stock worth $571,000 after acquiring an additional 28 shares during the last quarter. 80.81% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, SVP Eric J. Bartko sold 100 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $523.60, for a total transaction of $52,360.00. Following the completion of the sale, the senior vice president owned 252 shares of the company’s stock, valued at approximately $131,947.20. This represents a 28.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Rosemary Turner sold 966 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $571.88, for a total transaction of $552,436.08. Following the sale, the director owned 449 shares in the company, valued at $256,774.12. This represents a 68.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 9.02% of the company’s stock.

Murphy USA Stock Up 0.2%

Shares of NYSE MUSA opened at $521.41 on Friday. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.92. Murphy USA Inc. has a 52 week low of $349.83 and a 52 week high of $636.04. The stock has a market capitalization of $9.63 billion, a P/E ratio of 15.88, a PEG ratio of 1.49 and a beta of 0.25. The stock’s fifty day moving average is $571.65 and its 200 day moving average is $528.28.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, August 5th. The specialty retailer reported $11.27 earnings per share for the quarter, topping the consensus estimate of $9.95 by $1.32. The business had revenue of $6.81 billion during the quarter, compared to analysts’ expectations of $6.03 billion. Murphy USA had a net margin of 2.87% and a return on equity of 96.01%. Murphy USA’s revenue was up 36.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $7.36 earnings per share. Sell-side analysts forecast that Murphy USA Inc. will post 34.7 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Monday, August 24th were given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, August 24th. This is a boost from Murphy USA’s previous quarterly dividend of $0.64. Murphy USA’s dividend payout ratio is presently 7.92%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Zacks Research downgraded Murphy USA from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Wells Fargo & Company lifted their price target on Murphy USA from $520.00 to $570.00 and gave the stock an “equal weight” rating in a report on Monday, July 20th. Weiss Ratings downgraded Murphy USA from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Jefferies Financial Group raised Murphy USA from a “hold” rating to a “buy” rating and upped their price objective for the company from $550.00 to $625.00 in a report on Wednesday, July 1st. Finally, Capital One Financial assumed coverage on Murphy USA in a research report on Monday, June 22nd. They set an “overweight” rating and a $710.00 price objective on the stock. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $606.89.

Murphy USA Company Profile

Murphy USA is a leading downstream marketer of gasoline, diesel and convenience store products in the United States. Headquartered in El Dorado, Arkansas, the company was originally established as part of Murphy Oil Corporation and was spun off as an independent public entity in 2013. Since its separation, Murphy USA has focused on retail fueling services and convenience offerings designed to deliver value and convenience to consumers.

The company’s primary operations center on two retail formats.