Suncor Energy Inc. (NYSE:SU) Stake Decreased by Voya Investment Management LLC

Voya Investment Management LLC trimmed its stake in Suncor Energy Inc. (NYSE:SU - Free Report) TSE: SU by 3.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 200,693 shares of the oil and gas producer's stock after selling 7,575 shares during the period. Voya Investment Management LLC's holdings in Suncor Energy were worth $7,160,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. HHM Wealth Advisors LLC boosted its position in shares of Suncor Energy by 62.1% during the fourth quarter. HHM Wealth Advisors LLC now owns 848 shares of the oil and gas producer's stock worth $30,000 after buying an additional 325 shares during the period. Crowley Wealth Management Inc. acquired a new position in Suncor Energy in the 4th quarter valued at about $35,000. Lee Danner & Bass Inc. purchased a new stake in Suncor Energy during the fourth quarter worth about $36,000. Golden State Wealth Management LLC acquired a new stake in shares of Suncor Energy during the fourth quarter worth about $39,000. Finally, Covestor Ltd boosted its stake in shares of Suncor Energy by 30.5% in the fourth quarter. Covestor Ltd now owns 1,095 shares of the oil and gas producer's stock valued at $39,000 after purchasing an additional 256 shares during the period. 67.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SU has been the topic of several analyst reports. Tudor Pickering raised shares of Suncor Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, February 10th. Cibc World Mkts raised shares of Suncor Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 11th. Tudor, Pickering, Holt & Co. upgraded Suncor Energy from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. StockNews.com downgraded Suncor Energy from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. Finally, Scotiabank upgraded shares of Suncor Energy to a "hold" rating in a research report on Wednesday, March 19th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Suncor Energy has an average rating of "Moderate Buy" and an average target price of $59.20.

Suncor Energy Trading Up 0.9 %

Shares of NYSE SU traded up $0.33 during trading on Friday, hitting $36.03. 4,664,783 shares of the company traded hands, compared to its average volume of 4,485,951. Suncor Energy Inc. has a 1 year low of $30.79 and a 1 year high of $41.95. The firm has a market capitalization of $44.43 billion, a P/E ratio of 10.44, a P/E/G ratio of 2.94 and a beta of 0.79. The company has a quick ratio of 0.86, a current ratio of 1.33 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average price of $35.85 and a 200-day moving average price of $37.57.

Suncor Energy (NYSE:SU - Get Free Report) TSE: SU last announced its quarterly earnings results on Wednesday, February 5th. The oil and gas producer reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.07. Suncor Energy had a net margin of 11.80% and a return on equity of 15.37%. On average, equities analysts predict that Suncor Energy Inc. will post 3.42 EPS for the current year.

Suncor Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 4th were given a $0.399 dividend. This represents a $1.60 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend was Tuesday, March 4th. Suncor Energy's dividend payout ratio (DPR) is 45.51%.

Suncor Energy Profile

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.