From MarketBeat:

Suncor Energy Inc. was heavily traded on Wednesday as investors purchased 28,315 put options on the company, a 2,998% increase from the typical daily volume. Hedge funds have increased their stake in Suncor Energy, with 60.25% of the stock being owned by institutional investors and hedge funds.

Several research analysts have given a mixed rating to Suncor Energy stock, with five analysts rating the stock as hold and four giving it a buy rating. A consensus price target for the stock has been set at $52.60.

Suncor Energy’s stock opened at $32.36 on Thursday with a fifty day moving average price of $32.44. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates.

Suncor Energy also announced a quarterly dividend that represented a total annualized dividend of $1.57 and a yield of 4.86%. The company’s dividend payout ratio (DPR) is currently 35.00%.

Suncor Energy Inc operates as an integrated energy company in Canada and internationally, operating through Oil Sands, Exploration and Production, and Refining and Marketing segments. The company’s operations include exploration, development, and production of bitumen, synthetic crude oil, and related products.

Suncor Energy reported a 3.87 EPS for the current fiscal year and the stock has a consensus rating of “Hold.” The company’s market capitalization is $42.01 billion, with a price-to-earnings ratio of 7.03 and a price-to-earnings-growth ratio of 2.76.

For more information on Suncor Energy and other top stocks, read the latest analysis from MarketBeat. While Suncor Energy currently has a “Moderate Buy” rating among analysts, top-rated analysts believe there are better stocks to buy. For insight into these top-rated stocks, visit MarketBeat’s website.



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