Koshinski Asset Management Inc. Invests $488,000 in Murphy USA Inc. $MUSA

Koshinski Asset Management Inc. purchased a new position in Murphy USA Inc. (NYSE:MUSA) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 988 shares of the specialty retailer’s stock, valued at approximately $488,000.

Other institutional investors also recently added to or reduced their stakes in the company. Kenora Financial LLC raised its position in Murphy USA by 3.3% in the first quarter. Kenora Financial LLC now owns 654 shares of the specialty retailer’s stock worth $323,000 after acquiring an additional 21 shares during the period. Enhancing Capital LLC grew its position in shares of Murphy USA by 2.1% during 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. NBC Securities Inc. increased its stake in shares of Murphy USA by 1.4% during the 4th quarter. NBC Securities Inc. now owns 1,752 shares of the specialty retailer’s stock worth $707,000 after purchasing an additional 24 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of Murphy USA by 3.0% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 864 shares of the specialty retailer’s stock worth $427,000 after purchasing an additional 25 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of Murphy USA by 82.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 62 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 28 shares during the period. Institutional investors own 80.81% of the company’s stock.

Murphy USA Stock Up 2.0%

Shares of NYSE MUSA opened at $574.08 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 0.83 and a debt-to-equity ratio of 3.24. The company has a market cap of $10.60 billion, a P/E ratio of 19.84, a P/E/G ratio of 1.85 and a beta of 0.30. Murphy USA Inc. has a 52 week low of $345.23 and a 52 week high of $636.04. The business has a 50-day simple moving average of $555.74 and a two-hundred day simple moving average of $481.22.

Murphy USA (NYSE:MUSA) last posted its earnings results on Wednesday, April 29th. The specialty retailer reported $7.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.37 by $1.91. The business had revenue of $4.82 billion for the quarter, compared to analysts’ expectations of $4.70 billion. Murphy USA had a net margin of 2.81% and a return on equity of 91.05%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.63 EPS. Research analysts anticipate that Murphy USA Inc. will post 32.3 earnings per share for the current fiscal year.

Murphy USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were paid a dividend of $0.64 per share. This is a positive change from Murphy USA’s previous quarterly dividend of $0.63. This represents a $2.56 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, May 18th. Murphy USA’s dividend payout ratio is 8.85%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MUSA. KeyCorp raised their target price on Murphy USA from $600.00 to $680.00 and gave the stock an “overweight” rating in a research report on Friday, June 12th. Weiss Ratings raised Murphy USA from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 30th. Zacks Research downgraded Murphy USA from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Royal Bank Of Canada lifted their price objective on Murphy USA from $510.00 to $517.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Finally, Capital One Financial initiated coverage on Murphy USA in a research note on Monday, June 22nd. They issued 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $571.22.

Insider Activity at Murphy USA

In other news, Director Diane N. Landen sold 3,000 shares of Murphy USA stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $547.25, for a total transaction of $1,641,750.00. Following the completion of the sale, the director owned 53,841 shares in the company, valued at approximately $29,464,487.25. This trade represents a 5.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Scott G. Woodward sold 158 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $600.50, for a total transaction of $94,879.00. Following the completion of the transaction, the senior vice president owned 476 shares in the company, valued at approximately $285,838. This trade represents a 24.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 46,225 shares of company stock valued at $27,363,392 in the last ninety days. 9.02% of the stock is currently owned by corporate insiders.

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.