Pring Turner Capital Group Inc. lowered its stake in shares of Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 4.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 85,475 shares of the oil and gas producer’s stock after selling 3,840 shares during the quarter. Suncor Energy makes up approximately 3.0% of Pring Turner Capital Group Inc.’s holdings, making the stock its 12th biggest holding. Pring Turner Capital Group Inc.’s holdings in Suncor Energy were worth $2,994,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Capital International Investors acquired a new position in Suncor Energy during the 2nd quarter valued at about $106,342,000. Janus Henderson Group PLC acquired a new position in Suncor Energy during the 2nd quarter valued at about $99,291,000. Dodge & Cox lifted its position in Suncor Energy by 7.6% during the 2nd quarter. Dodge & Cox now owns 36,821,800 shares of the oil and gas producer’s stock valued at $1,075,197,000 after purchasing an additional 2,587,900 shares during the period. Check Capital Management Inc. CA lifted its position in Suncor Energy by 95.8% during the 3rd quarter. Check Capital Management Inc. CA now owns 4,094,299 shares of the oil and gas producer’s stock valued at $143,423,000 after purchasing an additional 2,002,773 shares during the period. Finally, Vanguard Group Inc. lifted its position in Suncor Energy by 4.9% during the 2nd quarter. Vanguard Group Inc. now owns 40,423,181 shares of the oil and gas producer’s stock valued at $1,180,357,000 after purchasing an additional 1,892,375 shares during the period. 65.61% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have issued reports on SU. Citigroup restated a “buy” rating on shares of Suncor Energy in a research report on Wednesday, August 2nd. Edward Jones upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research report on Monday, November 20th. Zacks Investment Research downgraded shares of Suncor Energy from a “buy” rating to a “hold” rating in a research report on Monday, November 20th. TD Securities downgraded shares of Suncor Energy from a “buy” rating to a “hold” rating and set a $50.00 price target on the stock. in a research report on Thursday, November 16th. Finally, BidaskClub downgraded shares of Suncor Energy from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. One analyst has rated the stock with a sell rating, five have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Suncor Energy currently has a consensus rating of “Buy” and a consensus price target of $43.14.

Shares of Suncor Energy Inc. (SU) traded down $0.10 during trading hours on Wednesday, hitting $34.70. 2,750,800 shares of the company were exchanged, compared to its average volume of 3,247,960. The firm has a market cap of $57,680.00, a P/E ratio of 30.47, a price-to-earnings-growth ratio of 3.25 and a beta of 0.85. The company has a quick ratio of 0.62, a current ratio of 0.91 and a debt-to-equity ratio of 0.27. Suncor Energy Inc. has a 1-year low of $27.96 and a 1-year high of $36.71.

Suncor Energy (NYSE:SU) (TSE:SU) last announced its quarterly earnings results on Wednesday, October 25th. The oil and gas producer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.15. The business had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.80 billion. Suncor Energy had a net margin of 11.63% and a return on equity of 5.68%. equities analysts anticipate that Suncor Energy Inc. will post 1.28 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 1st will be given a $0.251 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.89%. This is an increase from Suncor Energy’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, November 30th. Suncor Energy’s dividend payout ratio (DPR) is currently 60.95%.

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Suncor Energy Profile

Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company’s Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations.

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Institutional Ownership by Quarter for Suncor Energy (NYSE:SU)

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