Suncor Energy (USA) (SU) : Toron Capital Markets reduced its stake in Suncor Energy (USA) by 4.88% during the most recent quarter end. The investment management company now holds a total of 3,322,497 shares of Suncor Energy (USA) which is valued at $87,215,546 after selling 170,330 shares in Suncor Energy (USA) , the firm said in a disclosure report filed with the SEC on May 2, 2016.Suncor Energy (USA) makes up approximately 5.21% of Toron Capital Markets’s portfolio.
Suncor Energy (USA) opened for trading at $25.61 and hit $26.6 on the upside on Friday, eventually ending the session at $26.25, with a gain of 1.82% or 0.47 points. The heightened volatility saw the trading volume jump to 83,14,254 shares. Company has a market cap of $41,530 M.
Other Hedge Funds, Including , Capital Fund Management S.a. reduced its stake in SU by selling 205,943 shares or 60.93% in the most recent quarter. The Hedge Fund company now holds 132,064 shares of SU which is valued at $3,466,680. Suncor Energy (USA) makes up approx 0.06% of Capital Fund Management S.a.’s portfolio.Whitnell reduced its stake in SU by selling 119 shares or 4.8% in the most recent quarter. The Hedge Fund company now holds 2,358 shares of SU which is valued at $69,254. Suncor Energy (USA) makes up approx 0.03% of Whitnell’s portfolio.K.j. Harrison Partners Inc reduced its stake in SU by selling 31,273 shares or 25.01% in the most recent quarter. The Hedge Fund company now holds 93,782 shares of SU which is valued at $2,754,377. Suncor Energy (USA) makes up approx 1.44% of K.j. Harrison Partners Inc’s portfolio.Washington Trust Bank boosted its stake in SU in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 1,960 shares of Suncor Energy (USA) which is valued at $57,565. Suncor Energy (USA) makes up approx 0.01% of Washington Trust Bank’s portfolio. Sigma Planning Corp added SU to its portfolio by purchasing 7,858 company shares during the most recent quarter which is valued at $225,210. Suncor Energy (USA) makes up approx 0.03% of Sigma Planning Corp’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 Canadas petroleum resource basin Athabasca oil sands. The Company operates in three business segments: Oil Sands Exploration and Production and Refining and Marketing. The Companys 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 Companys 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.