Quality Growth Management buys $6,037,161 stake in Suncor Energy (USA) (SU)

Suncor Energy (USA) (SU) : Quality Growth Management scooped up 93,022 additional shares in Suncor Energy (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 15, 2016. The investment management firm now holds a total of 215,767 shares of Suncor Energy (USA) which is valued at $6,037,161.Suncor Energy (USA) makes up approximately 6.71% of Quality Growth Management’s portfolio.

Suncor Energy (USA) closed down -0.54 points or -1.87% at $28.33 with 41,65,450 shares getting traded on Wednesday. Post opening the session at $28.98, the shares hit an intraday low of $28.19 and an intraday high of $28.99 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Banced Corp boosted its stake in SU in the latest quarter, The investment management firm added 207 additional shares and now holds a total of 9,616 shares of Suncor Energy (USA) which is valued at $269,056. Suncor Energy (USA) makes up approx 0.47% of Banced Corp’s portfolio.Central Trust Co boosted its stake in SU in the latest quarter, The investment management firm added 451 additional shares and now holds a total of 1,713 shares of Suncor Energy (USA) which is valued at $47,930.British Columbia Investment Management Corp boosted its stake in SU in the latest quarter, The investment management firm added 16,300 additional shares and now holds a total of 239,785 shares of Suncor Energy (USA) which is valued at $6,618,066. Suncor Energy (USA) makes up approx 0.06% of British Columbia Investment Management Corp’s portfolio.Greylin Investment Mangement Inc boosted its stake in SU in the latest quarter, The investment management firm added 765 additional shares and now holds a total of 97,895 shares of Suncor Energy (USA) which is valued at $2,701,902. Suncor Energy (USA) makes up approx 0.64% of Greylin Investment Mangement Inc’s portfolio.

On the company’s financial health, Suncor Energy (USA) reported $-0.02 EPS for the quarter, missing the analyst consensus estimate by $ -0.15 based on the information available during the earnings call on Feb 3, 2016. Analyst had a consensus of $0.13.Analysts expectations of $ 7885.07.During the same quarter in the previous year, the company posted $0.27 EPS.

Many Wall Street Analysts have commented on Suncor Energy (USA). Suncor Energy (USA) was Downgraded by Citigroup to ” Neutral” on Apr 20, 2016. Suncor Energy (USA) was Resumed by JP Morgan to “Neutral” on Mar 22, 2016. Suncor Energy (USA) was Upgraded by Citigroup to ” Buy” on Feb 12, 2016.

Suncor Energy Inc. (Suncor) is an 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 and Refining and Marketing. The Company’s Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its Exploration and Production segment consists of offshore operations off the east coast of Canada and in the North Sea and onshore assets in North America Libya and Syria. The Company’s Refining and Marketing segment is engaged in Refining and Supply and Downstream Marketing. In addition the Company explores for acquires develops produces and markets crude oil and natural gas in Canada and internationally. The Company also transports and refines crude oil and markets petroleum and petrochemical products primarily in Canada.

Leave a Reply

Suncor Energy (USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Suncor Energy (USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.