Suncor Energy Inc. (NYSE:SU) Shares Bought 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, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 848 shares of the oil and gas producer’s stock after acquiring an additional 325 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Suncor Energy were worth $30,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. increased its stake in 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 increased its position in shares of Suncor Energy by 0.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 112,925 shares of the oil and gas producer’s stock worth $4,169,000 after acquiring an additional 321 shares during the last quarter. Coldstream Capital Management Inc. lifted 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 acquiring an additional 354 shares in the last quarter. Atomi Financial Group Inc. grew its stake in 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 valued at $497,000 after purchasing an additional 416 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its holdings 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 worth $688,000 after purchasing an additional 487 shares during the last quarter. 67.37% of the stock is owned by hedge funds and other institutional investors.

Suncor Energy Trading Down 0.0 %

Shares of SU stock opened at $37.56 on Tuesday. Suncor Energy Inc. has a 1 year low of $31.25 and a 1 year high of $41.94. The firm has a market capitalization of $46.74 billion, a PE ratio of 8.18, a price-to-earnings-growth ratio of 2.89 and a beta of 1.12. The stock has a fifty day moving average of $37.78 and a two-hundred day moving average of $38.55. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.04 and a current ratio of 1.59.

Suncor Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.4089 per share. This is a boost from Suncor Energy’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $1.64 annualized dividend and a yield of 4.36%. Suncor Energy’s dividend payout ratio (DPR) is presently 35.08%.

Analyst Upgrades and Downgrades

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

About Suncor Energy

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.