For us mere mortals, that's a pretty durn good 5 shot group...
It's excellent hunting accuracy... Unless you are shooting benchrest for smallest group size,or perhaps shooting at very longe range , its actually better than you need for deer size or larger game out to 400 yards or so, which is as far or farther than most of us want to take a shot...
If it shoots that good with factory loads, an experienced handloader could no doubt work up sub MOA loads for your rifle, but strictly from a hunting standpoint, I'd take those factory loads and go hunting any old day...