Triasima Portfolio Management inc. Invests $2.29 Million in Murphy USA Inc. (NYSE:MUSA)

Triasima Portfolio Management inc. bought a new position in Murphy USA Inc. (NYSE:MUSA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,565 shares of the specialty retailer’s stock, valued at approximately $2,290,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC boosted its stake in Murphy USA by 49,501.3% during the 3rd quarter. International Assets Investment Management LLC now owns 388,874 shares of the specialty retailer’s stock valued at $191,664,000 after purchasing an additional 388,090 shares during the period. JPMorgan Chase & Co. boosted its stake in Murphy USA by 69.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 428,379 shares of the specialty retailer’s stock valued at $211,135,000 after purchasing an additional 176,308 shares during the period. Fiera Capital Corp acquired a new position in Murphy USA during the 3rd quarter valued at about $53,387,000. FMR LLC boosted its stake in Murphy USA by 6.0% during the 3rd quarter. FMR LLC now owns 1,751,206 shares of the specialty retailer’s stock valued at $863,116,000 after purchasing an additional 99,253 shares during the period. Finally, World Investment Advisors LLC acquired a new stake in shares of Murphy USA in the 3rd quarter worth approximately $30,122,000. Institutional investors own 80.81% of the company’s stock.

Murphy USA Stock Down 3.2 %

MUSA stock opened at $499.61 on Friday. Murphy USA Inc. has a 12 month low of $361.74 and a 12 month high of $561.08. The firm has a market cap of $10.12 billion, a PE ratio of 20.61 and a beta of 0.79. The firm has a 50 day simple moving average of $509.52 and a 200 day simple moving average of $507.16. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.80 and a quick ratio of 0.41.

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on MUSA. Royal Bank of Canada upped their price target on shares of Murphy USA from $550.00 to $554.00 and gave the stock a “sector perform” rating in a research note on Thursday. StockNews.com lowered shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $512.80.

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.