WINTON GROUP Ltd acquired a new position in shares of SunocoCorp LLC (NYSE:SUNC – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 35,130 shares of the company’s stock, valued at approximately $1,731,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Danske Bank A S acquired a new position in SunocoCorp during the fourth quarter worth $133,000. Northwestern Mutual Wealth Management Co. acquired a new position in SunocoCorp during the fourth quarter worth $312,000. Gabelli Funds LLC acquired a new position in SunocoCorp during the fourth quarter worth $320,000. Pictet Asset Management Holding SA acquired a new position in SunocoCorp during the fourth quarter worth $327,000. Finally, Arizona State Retirement System purchased a new stake in SunocoCorp during the fourth quarter worth $571,000.
SunocoCorp Trading Down 0.2%
SUNC opened at $66.77 on Monday. The business’s fifty day moving average price is $65.24. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 1.67. SunocoCorp LLC has a one year low of $47.00 and a one year high of $73.24.
SunocoCorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Friday, May 8th were given a $0.9899 dividend. This represents a $3.96 annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Friday, May 8th.
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. Citigroup boosted their target price on SunocoCorp from $65.00 to $73.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Zacks Research downgraded SunocoCorp from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 24th. Barclays boosted their target price on SunocoCorp from $63.00 to $73.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Raymond James Financial reiterated a “strong-buy” rating and set a $80.00 target price on shares of SunocoCorp in a research report on Wednesday, May 6th. Finally, Wall Street Zen upgraded SunocoCorp to a “hold” rating in a research report on Saturday, February 28th. 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $75.33.
Read Our Latest Stock Report on SunocoCorp
About SunocoCorp
Sunoco LP is an energy infrastructure and fuel distribution master limited partnership. Sunoco LP is based in DALLAS.
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