Suncor Energy Inc. (NYSE:SU) Stock Holdings Lifted by HHM Wealth Advisors LLC

HHM Wealth Advisors LLC lifted its holdings in shares of Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 62.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 848 shares of the oil and gas producer’s stock after buying an additional 325 shares during the period. HHM Wealth Advisors LLC’s holdings in Suncor Energy were worth $30,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. UMB Bank n.a. boosted its holdings in shares of Suncor Energy by 27.5% during the 4th quarter. UMB Bank n.a. now owns 1,389 shares of the oil and gas producer’s stock worth $50,000 after buying an additional 300 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Suncor Energy by 0.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 112,925 shares of the oil and gas producer’s stock valued at $4,169,000 after purchasing an additional 321 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in shares of Suncor Energy by 5.0% in the third quarter. Coldstream Capital Management Inc. now owns 7,486 shares of the oil and gas producer’s stock worth $276,000 after purchasing an additional 354 shares during the period. Atomi Financial Group Inc. lifted its position in shares of Suncor Energy by 3.2% during the 3rd quarter. Atomi Financial Group Inc. now owns 13,464 shares of the oil and gas producer’s stock worth $497,000 after purchasing an additional 416 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its stake in Suncor Energy by 2.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 18,646 shares of the oil and gas producer’s stock valued at $688,000 after purchasing an additional 487 shares during the period. 67.37% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on SU. Morgan Stanley cut shares of Suncor Energy from an “overweight” rating to an “equal weight” rating in a research note on Monday, December 16th. Desjardins upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. StockNews.com upgraded Suncor Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $66.00 price objective on shares of Suncor Energy in a research report on Tuesday, January 7th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Suncor Energy presently has an average rating of “Moderate Buy” and an average price target of $58.00.

Suncor Energy Stock Performance

Shares of NYSE:SU opened at $37.56 on Tuesday. Suncor Energy Inc. has a 12-month low of $31.25 and a 12-month high of $41.94. The company’s 50 day moving average price is $37.78 and its two-hundred day moving average price is $38.55. The firm has a market cap of $46.74 billion, a PE ratio of 8.18, a PEG ratio of 2.89 and a beta of 1.12. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.24.

Suncor Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 3rd were given a dividend of $0.4089 per share. This is an increase from Suncor Energy’s previous quarterly dividend of $0.40. This represents a $1.64 annualized dividend and a dividend yield of 4.36%. The ex-dividend date was Tuesday, December 3rd. Suncor Energy’s dividend payout ratio is currently 35.08%.

Suncor Energy Company Profile

Suncor Energy Inc operates as an integrated energy company in Canada, the United States, and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products.