Sunoco (NYSE:SUN) is set to release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Sunoco to post earnings of $0.37 per share for the quarter.
Shares of Sunoco (NYSE SUN) opened at $30.70 on Wednesday. The company has a quick ratio of 3.75, a current ratio of 4.02 and a debt-to-equity ratio of 2.28. Sunoco has a 1-year low of $23.09 and a 1-year high of $33.11. The company has a market cap of $3,050.00, a PE ratio of -5.98 and a beta of 0.54.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Tuesday, February 6th will be issued a $0.8255 dividend. The ex-dividend date of this dividend is Monday, February 5th. This represents a $3.30 annualized dividend and a yield of 10.76%. Sunoco’s dividend payout ratio (DPR) is presently -64.33%.
In other news, insider Arnold Dodderer sold 2,512 shares of Sunoco stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $28.98, for a total transaction of $72,797.76. Following the completion of the transaction, the insider now directly owns 23,923 shares in the company, valued at $693,288.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
An institutional investor recently raised its position in Sunoco stock. The Manufacturers Life Insurance Company lifted its position in shares of Sunoco LP (NYSE:SUN) by 24.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,262 shares of the oil and gas company’s stock after acquiring an additional 1,213 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Sunoco were worth $191,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 26.51% of the company’s stock.
Sunoco Company Profile
Sunoco LP is engaged in the retail sale of motor fuels and merchandise through its Company-operated convenience stores and retail fuel sites, as well as the wholesale distribution of motor fuels to convenience stores, independent dealers, commercial customers and distributors. The Company operates through two segments: wholesale and retail.
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