Suncor Energy (USA) (SU) : Colony Group scooped up 491,502 additional shares in Suncor Energy (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 616,999 shares of Suncor Energy (USA) which is valued at $17,343,842.Suncor Energy (USA) makes up approximately 1.93% of Colony Group’s portfolio.
Other Hedge Funds, Including , Tudor Investment Corp Et Al added SU to its portfolio by purchasing 14,591 company shares during the most recent quarter which is valued at $410,153. Suncor Energy (USA) makes up approx 0.02% of Tudor Investment Corp Et Al’s portfolio.Bokf Na boosted its stake in SU in the latest quarter, The investment management firm added 985 additional shares and now holds a total of 12,623 shares of Suncor Energy (USA) which is valued at $354,833. Suncor Energy (USA) makes up approx 0.01% of Bokf Na’s portfolio.Timber Hill boosted its stake in SU in the latest quarter, The investment management firm added 35,996 additional shares and now holds a total of 81,973 shares of Suncor Energy (USA) which is valued at $2,179,662. Suncor Energy (USA) makes up approx 0.17% of Timber Hill’s portfolio.Kornitzer Capital Management Inc Ks reduced its stake in SU by selling 2,080 shares or 0.6% in the most recent quarter. The Hedge Fund company now holds 343,241 shares of SU which is valued at $9,236,615. Suncor Energy (USA) makes up approx 0.17% of Kornitzer Capital Management Inc Ks’s portfolio.
Suncor Energy (USA) opened for trading at $26.8 and hit $27.19 on the upside on Thursday, eventually ending the session at $26.93, with a gain of 0.16% or 0.0427 points. The heightened volatility saw the trading volume jump to 54,56,764 shares. Company has a market cap of $44,822 M.
On the company’s financial health, Suncor Energy (USA) reported $-0.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.08 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $-0.28.Analysts expectations of $ 6459.12.During the same quarter in the previous year, the company posted $0.63 EPS.
Many Wall Street Analysts have commented on Suncor Energy (USA). Suncor Energy (USA) was Initiated by BofA/Merrill to “Buy” on Aug 19, 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.