<div id="readability-page-1"><p>Assenagon Asset Management S.A. boosted its holdings in shares of  Suncor Energy  Inc. (NYSE:SU - Free Report) <span>TSE: SU<span></span></span> by 4,513.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,090,914 shares of the oil and gas producer's stock after buying an additional 1,067,270 shares during the quarter. Assenagon Asset Management S.A. owned 0.09% of Suncor Energy worth $45,612,000 at the end of the most recent reporting period.</p><ul><li>4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap</li></ul><p>Other institutional investors and hedge funds have also bought and sold shares of the company. Cresset Asset Management LLC increased its stake in shares of  Suncor Energy by 5.4% in the first quarter. Cresset Asset Management LLC now owns 11,046 shares of the oil and gas producer's stock worth $428,000 after acquiring an additional 568 shares during the period.  Northern Trust Corp lifted its position in  Suncor Energy by 12.9% during the first quarter. Northern Trust Corp now owns 1,488,377 shares of the oil and gas producer's stock valued at $57,630,000 after purchasing an additional 170,505 shares during the period.  Credit Agricole S A boosted its holdings in  Suncor Energy by 2.2% in the first quarter. Credit Agricole S A now owns 23,600 shares of the oil and gas producer's stock valued at $914,000 after purchasing an additional 500 shares during the last quarter.  Martin Investment Management LLC acquired a new stake in  Suncor Energy during the 1st quarter worth about $209,000.  Finally, Summit Financial LLC grew its position in  Suncor Energy by 2.4% during the 1st quarter. Summit Financial LLC now owns 56,789 shares of the oil and gas producer's stock worth $2,199,000 after purchasing an additional 1,313 shares during the period. 67.37% of the stock is currently owned by institutional investors and hedge funds. </p><div><p><span></span><span>Get <strong>Suncor Energy</strong> alerts:</span></p></div><h2>Suncor Energy Stock Performance</h2><p>Shares of SU stock opened at $42.78 on Thursday. The company has a market capitalization of $51.40 billion, a P/E ratio of 14.02 and a beta of 0.46. The business's 50 day moving average is $42.23 and its two-hundred day moving average is $40.65. The company has a current ratio of 1.35, a quick ratio of 0.85 and a debt-to-equity ratio of 0.19. Suncor Energy  Inc. has a 12-month low of $30.79 and a 12-month high of $45.60. </p><ul><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p>Suncor Energy (NYSE:SU - Get Free Report) <span>TSE: SU<span></span></span> last posted its quarterly earnings data on Tuesday, November 4th. The oil and gas producer reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.22. The business had revenue of $9.04 billion during the quarter, compared to analysts' expectations of $8.82 billion. Suncor Energy had a return on equity of 13.01% and a net margin of 10.61%.During the same period in the previous year, the business earned $1.48 earnings per share.  Analysts expect that  Suncor Energy  Inc. will post 3.42 EPS for the current fiscal year. </p><h2>Suncor Energy Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Investors of record on Wednesday, December 3rd will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Wednesday, December 3rd. This is a boost from Suncor Energy's previous quarterly dividend of $0.41. Suncor Energy's payout ratio is presently 56.39%. </p><h2>Analyst Ratings Changes</h2><ul><li>Traders Are Piling Into Suncor Call Options—Should You?</li></ul><p>Several equities analysts have recently issued reports on the company. Zacks Research cut Suncor Energy from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Wednesday, October 15th. Raymond James Financial raised Suncor Energy from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating in a report on Thursday, November 6th. Weiss Ratings  restated a &#34;buy (b)&#34; rating on shares of Suncor Energy in a research report on Monday. Royal Bank Of Canada  reaffirmed an &#34;outperform&#34; rating and set a $65.00 price objective on shares of Suncor Energy in a research note on Friday, October 3rd. Finally, Wells Fargo &amp; Company assumed coverage on shares of Suncor Energy in a research note on Friday, October 17th. They issued an &#34;equal weight&#34; rating for the company. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued  a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $65.00.</p><p><b>Check Out Our Latest Stock Analysis on Suncor Energy</b></p><h2>Suncor Energy Profile</h2> (Free Report)<p>Suncor Energy Inc operates as an integrated energy company in Canada, the United States, and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Suncor Energy</li><li>P/E Ratio Calculation: How to Assess Stocks</li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>What is a Bond Market Holiday? How to Invest and Trade</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNV?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNV"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Suncor Energy Right Now?</h2><p>Before you consider Suncor Energy, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Suncor Energy wasn't on the list.</p><p>While Suncor Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Assenagon Asset Management S.A. significantly increased its holdings in Suncor Energy Inc. by 4,513.9% in Q3, owning 1,090,914 shares valued at $45.6 million. Institutional investors hold 67.37% of Suncor's stock. Suncor's recent earnings beat expectations, reporting $1.07 EPS. The company increased its quarterly dividend to $0.60. Analysts have mixed ratings, with a consensus of "Moderate Buy."</p>

Suncor Energy Inc. $SU Shares Bought by Assenagon Asset Management S.A.