Sunoco (SUN) News Today

Strategic Financial Concepts LLC purchased a new stake in Sunoco LP (NYSE:SUN - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 68,194 shares of the oil and gas company's stock, valued at approxima

Tortoise Capital Advisors L.L.C. boosted its stake in shares of Sunoco LP (NYSE:SUN - Free Report) by 26,345.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,351,368 shares of the oil and gas company's stock after purchasing an

Shares of Sunoco LP (NYSE:SUN - Get Free Report) have earned an average rating of "Moderate Buy" from the seven analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Th

JPMorgan Chase & Co. lifted their price target on Sunoco from $61.00 to $63.00 and gave the stock an "overweight" rating in a research note on Wednesday.

IFG Advisory LLC acquired a new stake in shares of Sunoco LP (NYSE:SUN - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 13,951 shares of the oil and gas company's stock, valued at approximately $789,000. Other hedge f

Raymond James & Associates trimmed its stake in Sunoco LP (NYSE:SUN - Free Report) by 7.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,123 shares of the oil and gas company's stock after selling 5,989 shares

Miller Howard Investments Inc. NY raised its stake in Sunoco LP (NYSE:SUN - Free Report) by 33.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 583,323 shares of the oil and gas company's stock

Sumitomo Mitsui Trust Holdings Inc. decreased its stake in shares of Sunoco LP (NYSE:SUN - Free Report) by 64.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,000 shares of the oil and gas company's stock after selling 11,000 shar

Raymond James Financial Services Advisors Inc. raised its stake in Sunoco LP (NYSE:SUN - Free Report) by 42.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 276,829 shares of the oil and gas comp

Shares of Sunoco LP (NYSE:SUN - Get Free Report) have earned an average rating of "Moderate Buy" from the seven research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the

StockNews.com lowered shares of Sunoco from a "buy" rating to a "hold" rating in a report on Thursday.

Sunoco (NYSE:SUN - Get Free Report) announced its quarterly earnings data on Wednesday. The oil and gas company reported $3.85 EPS for the quarter, beating the consensus estimate of $1.23 by $2.62. Sunoco had a net margin of 2.08% and a return on equity of 35.56%. The firm had revenue of $6.17 billion during the quarter, compared to analysts' expectations of $5.63 billion. During the same quarter last year, the business earned $0.78 earnings per share. The business's revenue for the quarter was up 7.5% compared to the same quarter last year.

XML Financial LLC reduced its position in Sunoco LP (NYSE:SUN - Free Report) by 39.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,036 shares of the oil and gas company's stock after selling 9,743 sha

Sunoco (NYSE:SUN) will be releasing earnings before the market opens on Wednesday, August 7, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=607384)