Today: Today, Aperio Group LLC decides to keep it stake in Suncor Energy Inc. (SU) to the level of $6,137,000

Today, Aperio Group LLC decides to keep it stake in Suncor Energy Inc. (SU) to the level of $6,137,000

Aperio Group LLC increased its position in Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 8.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 220,898 shares of the company’s stock after buying an additional 17,961 shares during the period. Aperio Group LLC’s holdings in Suncor Energy were worth $6,137,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Manitou Investment Management Ltd. increased its stake in Suncor Energy by 31.7% in the second quarter. Manitou Investment Management Ltd. now owns 739,573 shares of the company’s stock worth $20,375,000 after buying an additional 178,056 shares in the last quarter. Dividend Assets Capital LLC increased its stake in Suncor Energy by 0.9% in the second quarter. Dividend Assets Capital LLC now owns 2,040,069 shares of the company’s stock worth $56,571,000 after buying an additional 18,645 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Suncor Energy by 12.1% in the second quarter. Bank of New York Mellon Corp now owns 46,214,835 shares of the company’s stock worth $1,281,537,000 after buying an additional 4,998,480 shares in the last quarter. Capital Fund Management S.A. increased its stake in Suncor Energy by 271.4% in the second quarter. Capital Fund Management S.A. now owns 490,499 shares of the company’s stock worth $13,602,000 after buying an additional 358,435 shares in the last quarter. Finally, Emerald Acquisition Ltd. acquired a new stake in Suncor Energy during the second quarter worth approximately $148,272,000. Hedge funds and other institutional investors own 64.30% of the company’s stock.

Shares of Suncor Energy Inc. (NYSE:SU) opened at 31.18 on Friday. The stock’s market capitalization is $51.91 billion. Suncor Energy Inc. has a 12-month low of $18.71 and a 12-month high of $32.19. The stock has a 50 day moving average price of $29.75 and a 200 day moving average price of $27.87.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 23rd. Shareholders of record on Friday, December 2nd will be given a $0.216 dividend. This represents a $0.86 annualized dividend and a yield of 2.77%. The ex-dividend date is Wednesday, November 30th. Suncor Energy’s dividend payout ratio (DPR) is presently -81.65%.

SU has been the topic of a number of research analyst reports. Scotiabank restated an “outperform” rating and issued a $38.00 target price on shares of Suncor Energy in a research report on Sunday, July 31st. Zacks Investment Research cut Suncor Energy from a “buy” rating to a “hold” rating in a research note on Monday, August 8th. Bank of America Corp. assumed coverage on Suncor Energy in a research note on Friday, August 19th. They issued a “buy” rating and a $33.00 price objective for the company. Nomura reaffirmed a “buy” rating on shares of Suncor Energy in a research note on Monday, September 26th. Finally, RBC Capital Markets reaffirmed an “outperform” rating and issued a $42.00 price objective on shares of Suncor Energy in a research note on Sunday, October 2nd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. Suncor Energy currently has an average rating of “Buy” and an average price target of $41.15.

About Suncor Energy

Related posts

Leave a Comment