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

Triasima Portfolio Management inc. purchased a new position in shares of Murphy USA Inc. (NYSE:MUSA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,565 shares of the specialty retailer's stock, valued at approximately $2,290,000.

Other hedge funds have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC boosted its position in Murphy USA by 40.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer's stock worth $36,000 after acquiring an additional 21 shares during the period. Brown Lisle Cummings Inc. bought a new stake in shares of Murphy USA during the 4th quarter worth $50,000. Fortitude Family Office LLC raised its holdings in Murphy USA by 186.1% during the 4th quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer's stock worth $52,000 after buying an additional 67 shares during the period. R Squared Ltd purchased a new position in shares of Murphy USA in the fourth quarter worth approximately $55,000. Finally, Versant Capital Management Inc raised its stake in Murphy USA by 348.4% during the 4th quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer's stock valued at $70,000 after purchasing an additional 108 shares during the period. Institutional investors and hedge funds own 80.81% of the company's stock.

Murphy USA Trading Down 1.2 %

MUSA stock traded down $5.92 during midday trading on Tuesday, reaching $483.08. The stock had a trading volume of 108,354 shares, compared to its average volume of 205,778. The firm has a market cap of $9.78 billion, a price-to-earnings ratio of 19.96 and a beta of 0.79. The company has a quick ratio of 0.41, a current ratio of 0.79 and a debt-to-equity ratio of 2.18. Murphy USA Inc. has a twelve month low of $382.04 and a twelve month high of $561.08. The business has a fifty day simple moving average of $507.04 and a two-hundred day simple moving average of $506.85.

Murphy USA (NYSE:MUSA - Get Free Report) last announced its quarterly earnings data 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 61.60%. As a group, research analysts expect that Murphy USA Inc. will post 26.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. StockNews.com raised shares of Murphy USA from a "hold" rating to a "buy" rating in a research report on Friday. Wells Fargo & Company cut their price target on shares of Murphy USA from $555.00 to $550.00 and set an "overweight" rating on the stock in a report on Friday. Finally, Royal Bank of Canada upped their price objective on shares of Murphy USA from $550.00 to $554.00 and gave the stock a "sector perform" rating in a report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Murphy USA presently has a consensus rating of "Moderate Buy" and an average target price of $510.80.

About Murphy USA

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.