10,727 Shares in SunocoCorp LLC $SUNC Acquired by Cypress Capital Group

Cypress Capital Group bought a new position in SunocoCorp LLC (NYSE:SUNC) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,727 shares of the company’s stock, valued at approximately $661,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. QV Investors Inc. acquired a new position in shares of SunocoCorp during the 4th quarter valued at $58,528,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of SunocoCorp in the fourth quarter valued at $606,000. UBS Group AG acquired a new stake in shares of SunocoCorp in the fourth quarter valued at $49,908,000. Truist Financial Corp acquired a new stake in shares of SunocoCorp in the fourth quarter valued at $2,004,000. Finally, Miller Howard Investments Inc. NY bought a new position in SunocoCorp during the first quarter valued at about $5,463,000.

SunocoCorp Stock Up 0.0%

Shares of NYSE SUNC opened at $76.30 on Monday. The stock has a fifty day moving average of $68.63. The firm has a market cap of $3.93 billion and a PE ratio of 35.82. The company has a quick ratio of 0.92, a current ratio of 1.40 and a debt-to-equity ratio of 1.67. SunocoCorp LLC has a 52-week low of $47.00 and a 52-week high of $77.55.

SunocoCorp (NYSE:SUNC) last announced its earnings results on Tuesday, May 5th. The company reported $2.13 EPS for the quarter, beating the consensus estimate of $1.66 by $0.47. The company had revenue of $10.69 billion for the quarter, compared to analysts’ expectations of $9.56 billion. As a group, analysts anticipate that SunocoCorp LLC will post 6.88 earnings per share for the current year.

Analyst Upgrades and Downgrades

SUNC has been the topic of a number of research analyst reports. Mizuho assumed coverage on SunocoCorp in a report on Friday. They set an “outperform” rating and a $83.00 target price on the stock. Zacks Research raised shares of SunocoCorp from a “strong sell” rating to a “hold” rating in a report on Friday, June 19th. Raymond James Financial restated a “strong-buy” rating and set a $80.00 price objective on shares of SunocoCorp in a research report on Wednesday, May 6th. Barclays lifted their price objective on shares of SunocoCorp from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Finally, Citigroup boosted their target price on shares of SunocoCorp from $65.00 to $73.00 and gave the stock a “buy” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, SunocoCorp presently has an average rating of “Buy” and an average price target of $78.50.

SunocoCorp Company Profile

Sunoco LP is an energy infrastructure and fuel distribution master limited partnership. Sunoco LP is based in DALLAS.