Suncor Energy Inc. (NYSE:SU) Stock Holdings Lifted by Hantz Financial Services Inc.

Hantz Financial Services Inc. increased its position in shares of Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 12.3% during the fourth quarter, Holdings Channel reports. The fund owned 22,650 shares of the oil and gas producer’s stock after acquiring an additional 2,479 shares during the quarter. Hantz Financial Services Inc.’s holdings in Suncor Energy were worth $808,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SU. Eastern Bank acquired a new position in Suncor Energy in the third quarter worth approximately $25,000. Waldron Private Wealth LLC bought a new stake in Suncor Energy in the third quarter worth approximately $49,000. UMB Bank n.a. increased its stake 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 purchasing an additional 300 shares during the last quarter. Transamerica Financial Advisors Inc. raised its holdings in shares of Suncor Energy by 2,311.0% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 1,977 shares of the oil and gas producer’s stock valued at $73,000 after purchasing an additional 1,895 shares in the last quarter. Finally, Mattson Financial Services LLC acquired a new stake in shares of Suncor Energy in the 2nd quarter valued at $82,000. Institutional investors and hedge funds own 67.37% of the company’s stock.

Suncor Energy Trading Down 3.0 %

Shares of SU stock opened at $37.50 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $46.67 billion, a P/E ratio of 8.17, a P/E/G ratio of 2.97 and a beta of 1.12. Suncor Energy Inc. has a 12-month low of $31.25 and a 12-month high of $41.94. The firm has a 50-day moving average price of $37.86 and a 200 day moving average price of $38.56.

Suncor Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 3rd were issued a $0.4089 dividend. 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 of this dividend was Tuesday, December 3rd. Suncor Energy’s payout ratio is presently 35.08%.

Wall Street Analyst Weigh In

SU has been the topic of several analyst reports. Royal Bank of Canada reiterated an “outperform” rating and set a $66.00 price target on shares of Suncor Energy in a report on Tuesday, January 7th. StockNews.com upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a report on Tuesday, January 14th. Desjardins upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Finally, Morgan Stanley lowered Suncor Energy from an “overweight” rating to an “equal weight” rating in a research note on Monday, December 16th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Suncor Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $58.00.

Suncor Energy 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.