Southernsun Asset Management Llc increased Murphy Usa Inc. (MUSA) stake by 0.45% reported in 2017Q3 SEC filing. Southernsun Asset Management Llc acquired 12,843 shares as Murphy Usa Inc. (MUSA)’s stock rose 5.31%. The Southernsun Asset Management Llc holds 2.89 million shares with $199.53M value, up from 2.88 million last quarter. Murphy Usa Inc. now has $3.00B valuation. The stock increased 0.78% or $0.67 during the last trading session, reaching $86.09. About 233,532 shares traded. Murphy USA Inc. (NYSE:MUSA) has risen 4.83% since January 13, 2017 and is uptrending. It has underperformed by 11.87% the S&P500.
Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company has market cap of $1.06 billion. The companyÂ’s product portfolio consists of Infinera DTN-X Family of terabit-class transport network platforms, including the XTC Series, XTS Series, and XT Series; and Infinera DTN platform that supports various Ethernet and optical transport network client interfaces for long-haul, subsea, and regional mesh networks. It currently has negative earnings. It also provides Infinera XTM Series carrier-grade packet-optical transport platform that enables high-performance metro networks with service-aware, application-specific capabilities; Infinera XTG Series that is a family of passive optical wavelength-division multiplexing products for metro access applications; and Infinera Cloud Xpress Family multiple platforms that are designed to meet the varying needs of cloud service providers, Internet content providers, Internet exchange service providers, enterprises, and other large-scale data center operators.
Adirondack Research & Management Inc. holds 1.49% of its portfolio in Infinera Corporation for 431,010 shares. Shannon River Fund Management Llc owns 462,674 shares or 1.34% of their US portfolio. Moreover, Motley Fool Asset Management Llc has 1.18% invested in the company for 661,100 shares. The Colorado-based Elk Creek Partners Llc has invested 1.02% in the stock. Greenbrier Partners Capital Management Llc, a Texas-based fund reported 500,000 shares.
Analysts await Infinera Corporation (NASDAQ:INFN) to report earnings on February, 8. They expect $-0.21 EPS, down 16.67% or $0.03 from last year’s $-0.18 per share. After $-0.20 actual EPS reported by Infinera Corporation for the previous quarter, Wall Street now forecasts 5.00% negative EPS growth.
It closed at $7.08 lastly. It is down 24.42% since January 13, 2017 and is downtrending. It has underperformed by 41.12% the S&P500.
Ratings analysis reveals 33% of Infinera’s analysts are positive. Out of 6 Wall Street analysts rating Infinera, 2 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $8.0 while the high is $12.5. The stock’s average target of $9.83 is 38.84% above today’s ($7.08) share price. INFN was included in 6 notes of analysts from August 25, 2016. M Partners maintained Infinera Corporation (NASDAQ:INFN) rating on Tuesday, September 6. M Partners has “Neutral” rating and $8.0 target. Citigroup downgraded the shares of INFN in report on Thursday, August 25 to “Sell” rating. The rating was upgraded by Instinet to “Buy” on Friday, February 10. As per Thursday, January 19, the company rating was initiated by Piper Jaffray. The firm has “Hold” rating by Stifel Nicolaus given on Friday, September 30. Needham maintained the shares of INFN in report on Thursday, October 27 with “Strong Buy” rating.
Southernsun Asset Management Llc decreased Nordson Corp. (NASDAQ:NDSN) stake by 109,949 shares to 215,003 valued at $25.48 million in 2017Q3. It also reduced Idex Corp. (NYSE:IEX) stake by 114,720 shares and now owns 1.02M shares. Thor Industries Inc (NYSE:THO) was reduced too.
Among 7 analysts covering Murphy USA (NYSE:MUSA), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Murphy USA had 16 analyst reports since September 8, 2015 according to SRatingsIntel. The firm has “Overweight” rating by JP Morgan given on Tuesday, September 8. The company was maintained on Tuesday, September 5 by Jefferies. The firm earned “Market Perform” rating on Wednesday, April 19 by Wells Fargo. The stock of Murphy USA Inc. (NYSE:MUSA) earned “Outperform” rating by Wells Fargo on Monday, October 26. The rating was downgraded by Stephens to “Equal-Weight” on Friday, August 4. The stock has “Buy” rating by Jefferies on Wednesday, July 27. JP Morgan downgraded Murphy USA Inc. (NYSE:MUSA) on Tuesday, November 7 to “Underweight” rating. Gabelli downgraded Murphy USA Inc. (NYSE:MUSA) on Thursday, January 11 to “Hold” rating. Jefferies maintained Murphy USA Inc. (NYSE:MUSA) on Thursday, June 9 with “Buy” rating. The company was maintained on Friday, August 4 by Jefferies.
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