27 September, 2017
(TSE:SU) to report earnings on October, 25. Bronfman E.L. Rothschild L.P. now owns 4,224 shares of the oil and gas producer's stock worth $130,000 after acquiring an additional 238 shares in the last quarter. Morgan Stanley maintained Suncor Energy Inc. Northern Trust Corp raised its position in shares of Suncor Energy by 1.2% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 5,735 shares of the oil and gas producer's stock worth $167,000 after purchasing an additional 5,000 shares during the last quarter. "(USA) (SU)" published on September 18, 2017, Reuters.com published: "More than 120 birds dead at Suncor-owned Canada oil sands mine" on September 19, 2017. The firm purchased 866,700 shares of the oil and gas producer's stock, valued at approximately $33,160,000. Capital Research Global Investors increased its stake in Suncor Energy by 18.1% in the third quarter. Gateway Investment Advisers LLC grew its holdings in shares of Suncor Energy by 0.7% during the second quarter. 751,110 shares of the stock traded hands. Finally, UBS Asset Management Americas Inc. raised its position in Suncor Energy by 13.7% in the second quarter.
Suncor Energy Inc. (Suncor) is an integrated energy company. (NYSE:SU) was up +1.58% during the last trading session, with a day high of 34.76.
The stock's 50 day moving average is 32.34 and its 200 day moving average is 31.04. The stock has a market cap of $51.56 billion, a PE ratio of 153.68 and a beta of 0.96.
The company also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Tuesday, September 5th were issued a dividend of $0.32 per share. This is a positive change from Suncor Energy 's previous quarterly dividend of $0.24. This represents a $0.98 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date was Thursday, August 31st. Suncor Energy's dividend payout ratio is now 477.78%.
A number of equities analysts recently weighed in on the stock. (TSE:SU) on Friday, April 28 with "Buy" rating. Scotia Capital maintained the shares of SU in report on Friday, July 29 with "Outperform" rating. National Bank Financial started coverage on shares of Suncor Energy in a research note on Tuesday, June 27th. They set an "outperform" rating for the company. The rating was maintained by RBC Capital Markets on Friday, October 28 with "Sector Perform". Finally, BidaskClub raised shares of Suncor Energy from a "sell" rating to a "hold" rating in a research note on Wednesday, August 2nd.
Based on the latest notes released to investors, 3 analysts have issued a rating of "buy", 10 analysts "outperform", 5 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". The company now has an average rating of "Buy" and an average price target of $42.86.
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French oil giant Total SA chief executive said on Monday the company was not in a rush to join the foreign exodus from Canada's oil sands sector.