Triasima Portfolio Management inc. Purchases Shares of 4,565 Murphy USA Inc. (NYSE:MUSA)

Triasima Portfolio Management inc. acquired a new stake in Murphy USA Inc. (NYSE:MUSA) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,565 shares of the specialty retailer’s stock, valued at approximately $2,290,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. FMR LLC boosted its position in Murphy USA by 6.0% during the third quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer’s stock worth $863,116,000 after purchasing an additional 99,253 shares during the period. State Street Corp boosted its position in shares of Murphy USA by 1.5% in the third quarter. State Street Corp now owns 590,558 shares of the specialty retailer’s stock valued at $291,068,000 after acquiring an additional 8,507 shares during the period. JPMorgan Chase & Co. lifted its position in Murphy USA by 69.9% during the third quarter. JPMorgan Chase & Co. now owns 428,379 shares of the specialty retailer’s stock worth $211,135,000 after purchasing an additional 176,308 shares during the period. International Assets Investment Management LLC lifted its position in Murphy USA by 49,501.3% during the third quarter. International Assets Investment Management LLC now owns 388,874 shares of the specialty retailer’s stock worth $191,664,000 after purchasing an additional 388,090 shares during the period. Finally, Geode Capital Management LLC raised its stake in Murphy USA by 4.3% during the third quarter. Geode Capital Management LLC now owns 388,271 shares of the specialty retailer’s stock worth $191,407,000 after acquiring an additional 16,006 shares in the last quarter. 80.81% of the stock is currently owned by institutional investors and hedge funds.

Murphy USA Stock Performance

Shares of MUSA stock opened at $499.61 on Friday. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.41 and a current ratio of 0.80. Murphy USA Inc. has a fifty-two week low of $361.74 and a fifty-two week high of $561.08. The stock has a 50 day moving average price of $509.52 and a two-hundred day moving average price of $507.16. The company has a market capitalization of $10.12 billion, a P/E ratio of 20.61 and a beta of 0.79.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 EPS for the quarter, topping analysts’ consensus estimates of $6.46 by $0.50. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. Analysts expect that Murphy USA Inc. will post 23.62 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on MUSA shares. StockNews.com downgraded Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Royal Bank of Canada raised their price objective on Murphy USA from $550.00 to $554.00 and gave the company a “sector perform” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $512.80.

Murphy USA Company 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.