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

denkapparat Operations GmbH raised its holdings in Murphy USA Inc. (NYSE:MUSA) by 130.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,918 shares of the specialty retailer’s stock after acquiring 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.

Several other institutional investors have also recently bought and sold shares of MUSA. NewEdge Advisors LLC grew its holdings in shares of Murphy USA by 10.2% during the 1st quarter. NewEdge Advisors LLC now owns 1,685 shares of the specialty retailer’s stock valued at $792,000 after purchasing an additional 156 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Murphy USA by 423.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 68 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 55 shares in the last quarter. Cresset Asset Management LLC bought a new position in Murphy USA in the 2nd quarter valued at approximately $603,000. Cerity Partners LLC bought a new position in Murphy USA in the 2nd quarter valued at approximately $596,000. Finally, Qube Research & Technologies Ltd acquired a new stake in Murphy USA in the second quarter valued at approximately $227,000. Institutional investors and hedge funds own 80.81% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Wells Fargo & Company boosted their target price on shares of Murphy USA from $520.00 to $570.00 and gave the stock an “equal weight” rating in a research note on Monday, July 20th. KeyCorp increased their price target on Murphy USA from $600.00 to $680.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Weiss Ratings downgraded Murphy USA from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 26th. Wall Street Zen upgraded Murphy USA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 27th. Finally, The Goldman Sachs Group upgraded Murphy USA from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $380.00 to $550.00 in a research report on Monday, July 6th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $606.89.

Insider Activity at Murphy USA

In related news, SVP Eric J. Bartko sold 100 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was 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 $131,947.20. This trade represents a 28.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Rosemary Turner sold 966 shares of Murphy USA stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $571.88, for a total value of $552,436.08. Following the completion of the sale, the director owned 449 shares of the company’s stock, valued at approximately $256,774.12. The trade was a 68.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 9.02% of the company’s stock.

Murphy USA Price Performance

MUSA stock opened at $521.41 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.92 and a debt-to-equity ratio of 2.77. The firm has a market cap of $9.63 billion, a price-to-earnings ratio of 15.88, a PEG ratio of 1.49 and a beta of 0.25. The company’s fifty day simple moving average is $571.65 and its 200 day simple moving average is $528.28. Murphy USA Inc. has a 12-month low of $349.83 and a 12-month high of $636.04.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, August 5th. The specialty retailer reported $11.27 earnings per share for the quarter, topping analysts’ consensus estimates of $9.95 by $1.32. Murphy USA had a return on equity of 96.01% and a net margin of 2.87%.The firm had revenue of $6.81 billion during the quarter, compared to the consensus estimate of $6.03 billion. During the same period last year, the business posted $7.36 EPS. The business’s revenue was up 36.0% compared to the same quarter last year. On average, analysts expect that Murphy USA Inc. will post 34.7 earnings per share for the current year.

Murphy USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Monday, August 24th were given a dividend of $0.65 per share. 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 positive change from Murphy USA’s previous quarterly dividend of $0.64. Murphy USA’s dividend payout ratio is currently 7.92%.

Murphy USA 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.