Osborn Williams & Donohoe LLC purchased a new stake in Suncor Energy Inc. (NYSE:SU) (TSE:SU) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 8,150 shares of the oil and gas producer’s stock, valued at approximately $299,000.

Other large investors have also recently made changes to their positions in the company. Quadrant Capital Group LLC raised its position in shares of Suncor Energy by 90.8% in the 2nd quarter. Quadrant Capital Group LLC now owns 4,725 shares of the oil and gas producer’s stock valued at $124,000 after acquiring an additional 2,248 shares during the period. UBS Asset Management Americas Inc. increased its stake in Suncor Energy by 13.7% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 4,658 shares of the oil and gas producer’s stock worth $136,000 after purchasing an additional 562 shares in the last quarter. Forward Management LLC bought a new stake in Suncor Energy during the 3rd quarter worth approximately $154,000. Advisory Services Network LLC increased its stake in Suncor Energy by 3.9% during the 2nd quarter. Advisory Services Network LLC now owns 6,470 shares of the oil and gas producer’s stock worth $189,000 after purchasing an additional 245 shares in the last quarter. Finally, Evercore Wealth Management LLC increased its stake in Suncor Energy by 7.7% during the 2nd quarter. Evercore Wealth Management LLC now owns 6,675 shares of the oil and gas producer’s stock worth $195,000 after purchasing an additional 475 shares in the last quarter. Institutional investors and hedge funds own 65.58% of the company’s stock.

A number of research firms recently issued reports on SU. Zacks Investment Research raised Suncor Energy from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Saturday. AltaCorp Capital reissued a “hold” rating and set a $51.00 target price on shares of Suncor Energy in a research note on Monday, January 15th. Edward Jones raised Suncor Energy from a “hold” rating to a “buy” rating in a research note on Monday, November 20th. TD Securities cut Suncor Energy from a “buy” rating to a “hold” rating and set a $50.00 target price for the company. in a research note on Thursday, November 16th. Finally, Canaccord Genuity reissued a “buy” rating and set a $51.00 target price on shares of Suncor Energy in a research note on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $44.33.

Suncor Energy Inc. (NYSE SU) opened at $37.27 on Tuesday. The firm has a market cap of $61,440.00, a P/E ratio of 21.54, a PEG ratio of 2.89 and a beta of 0.85. Suncor Energy Inc. has a 52 week low of $27.96 and a 52 week high of $38.39. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.62 and a current ratio of 0.91.

Suncor Energy (NYSE:SU) (TSE:SU) last issued its quarterly earnings results on Wednesday, October 25th. The oil and gas producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.15. The company had revenue of $6.40 billion during the quarter, compared to analysts’ expectations of $6.80 billion. Suncor Energy had a net margin of 11.63% and a return on equity of 5.68%. equities research analysts predict that Suncor Energy Inc. will post 1.52 earnings per share for the current fiscal year.

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Suncor Energy Company 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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