Suncor Energy Inc. (TSE:SU) Senior Officer Sells C$751,776.00 in Stock

Suncor Energy Inc. (TSE:SU - Get Free Report) NYSE: SU Senior Officer Shelley Powell sold 16,400 shares of the company's stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of C$45.84, for a total value of C$751,776.00.

Shelley Powell also recently made the following trade(s):

• On Wednesday, December 20th, Shelley Powell sold 9,452 shares of Suncor Energy stock. The shares were sold at an average price of C$42.60, for a total value of C$402,655.20.

Suncor Energy Price Performance

SU stock traded up C$0.05 during midday trading on Wednesday, reaching C$45.55. The company had a trading volume of 649,505 shares, compared to its average volume of 6,518,614. The company has a debt-to-equity ratio of 36.93, a current ratio of 1.24 and a quick ratio of 0.83. Suncor Energy Inc. has a 1 year low of C$37.09 and a 1 year high of C$48.26. The company has a market capitalization of C$59.22 billion, a P/E ratio of 7.35, a P/E/G ratio of 0.15 and a beta of 1.51. The firm has a 50-day moving average price of C$43.62 and a 200-day moving average price of C$44.57.

Suncor Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 25th. Investors of record on Monday, March 4th will be issued a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a yield of 4.79%. The ex-dividend date of this dividend is Friday, March 1st. Suncor Energy's dividend payout ratio is presently 35.22%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. National Bankshares decreased their price objective on Suncor Energy from C$74.00 to C$57.00 and set an "outperform" rating for the company in a report on Wednesday, January 10th. TD Securities lifted their price objective on Suncor Energy from C$46.00 to C$48.00 and gave the stock a "hold" rating in a report on Thursday, February 22nd. CIBC decreased their price objective on Suncor Energy from C$47.00 to C$46.00 and set a "sector perform" rating for the company in a report on Tuesday, January 16th. JPMorgan Chase & Co. reduced their price target on Suncor Energy from C$59.00 to C$52.00 and set a "neutral" rating for the company in a research report on Friday, December 8th. Finally, Desjardins lifted their price target on Suncor Energy from C$45.00 to C$46.00 and gave the company a "hold" rating in a research report on Friday, February 23rd. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of C$53.40.

Suncor Energy Company Profile

Suncor Energy Inc operates as an integrated energy company in Canada 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. This segment also engages in syncrude oil sands mining and upgrading operations; and marketing, supply, transportation, and risk management of crude oil, natural gas, power, and byproducts.

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