1,187,664 Shares in SunocoCorp LLC $SUNC Purchased by QV Investors Inc.

Key Points

• QV Investors bought 1,187,664 shares of SunocoCorp (NYSE: SUNC) in Q4, spending about $58.5 million and making SUNC roughly 4.8% of the firm's holdings (0.58% ownership of the company), its fourth-largest position.
• Analyst sentiment is mixed: Raymond James upgraded SUNC to a Strong Buy with a $70 target while Zacks rated it a Strong Sell; MarketBeat's consensus is a Moderate Buy with an average target of $64.
• SUNC shares opened at $60.85 on Friday and trade within a 52-week range of $47.00–$63.65.

QV Investors Inc. bought a new stake in SunocoCorp LLC (NYSE:SUNC - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,187,664 shares of the company's stock, valued at approximately $58,528,000. SunocoCorp makes up about 4.8% of QV Investors Inc.'s holdings, making the stock its 4th largest holding. QV Investors Inc. owned 0.58% of SunocoCorp at the end of the most recent quarter.

Analyst Upgrades and Downgrades

A number of research firms have commented on SUNC. Raymond James Financial upgraded shares of SunocoCorp from an "outperform" rating to a "strong-buy" rating and set a $70.00 price target on the stock in a research report on Monday, January 5th. Wall Street Zen upgraded shares of SunocoCorp to a "hold" rating in a research note on Saturday, February 28th. Finally, Zacks Research cut SunocoCorp from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $64.00.

SunocoCorp Trading Down 0.1%

Shares of SUNC stock opened at $60.85 on Friday. SunocoCorp LLC has a fifty-two week low of $47.00 and a fifty-two week high of $63.65.

About SunocoCorp

Sunoco LP is an energy infrastructure and fuel distribution master limited partnership. Sunoco LP is based in DALLAS.

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