Sunoco LP (SUN) Sets 1-Year Low on Jun, 29

June 29, 2018 - By Norman Soto

During 2018 Q1 the big money sentiment increased to 1.11. That’s change of 0.09, from 2017Q4’s 1.02. 16 investors sold all, 22 reduced holdings as Sunoco LP ratio improved. 29 increased positions while 13 funds bought positions. Funds hold 28.59 million shares thus 0.75% less from 2017Q4’s 28.81 million shares.
116,955 were accumulated by Citadel Ltd Co. Hussman Strategic Advsrs Inc holds 0.14% in Sunoco LP (NYSE:SUN) or 20,000 shs. 12,000 are owned by Cullen Frost Bankers Inc. Moreover, Advisory has 0.12% invested in Sunoco LP (NYSE:SUN) for 265,870 shs. Qs reported 958 shs or 0% of all its holdings. Us Comml Bank De reported 500 shs. Ameriprise Inc owns 0% invested in Sunoco LP (NYSE:SUN) for 10,127 shs. Koch accumulated 15,137 shs or 0.04% of the stock. Moreover, Gabelli Funds Ltd Liability Co has 0.02% invested in Sunoco LP (NYSE:SUN) for 135,000 shs. Moreover, Comml Bank Of America De has 0% invested in Sunoco LP (NYSE:SUN). Baldwin Brothers Inc Ma has 10,500 shs. Moreover, Barclays Public Ltd has 0% invested in Sunoco LP (NYSE:SUN) for 23,344 shs. Lifeplan Grp Incorporated holds 800 shs or 0.01% of its capital. Group Incorporated One Trading L P has invested 0.01% in Sunoco LP (NYSE:SUN). Highland Capital Management Limited Partnership accumulated 27,164 shs.

Today yearly low was broke into by Sunoco LP (NYSE:SUN) with $22.92 PT or 7.00 % below today’s $24.64 share price. It was published on Jun, 29 by Barchart.com. It has $2.03 billion MC. At $22.92 PT, the company’s valuation could be $142.31 million less.

SUN hit $24.64 during the last trading session after $0.1 change.Sunoco LP has volume of 150,559 shares. Since June 29, 2017 SUN has declined 14.83% and is downtrending. SUN underperformed the S&P 500 by 27.40%.

On August, 14. Investors wait Sunoco LP (NYSE:SUN) to report its quarterly earnings, according to RTT. Last year’s earnings per share was $0.06, while now analysts expect change of 966.67 % up from current $0.64 earnings per share. If the current earnings per share of $0.64 is accurate, SUN’s profit could reach $52.81M. Analysts at Wall Street see Sunoco LP’s 540.00 % EPS growth compared to $0.10 earnings per share for previous quarter.

Sunoco LP (NYSE:SUN) Ratings Coverage

Total analysts of 11 have positions in Sunoco (NYSE:SUN) as follows: 4 rated it a “Buy”, 2 with “Sell” and 5 with “Hold”. The positive are 36%. The firm has $36.0 highest while $2200 is the lowest PT. The average target $30.44 is 23.54% above the last ($24.64) price. Since January 5, 2018 according to StockzIntelligence Inc Sunoco has 11 analyst reports. On Tuesday, January 9 the rating was upgraded by J.P. Morgan to “Buy”. On Friday, January 19 the stock has “Hold” rating by Janney Capital. In Monday, June 4 report FBR Capital maintained it with “Hold” rating and $3200 target. On Tuesday, January 9 the firm has “Overweight” rating by JP Morgan given. On Friday, April 27 the rating was downgraded by Jefferies to “Sell”. On Wednesday, March 14 the company was downgraded by Goldman Sachs. On Tuesday, January 16 the company was maintained by RBC Capital Markets. On Friday, March 2 UBS maintained the shares of SUN in report with “Neutral” rating. On Wednesday, April 4 the stock of Sunoco LP (NYSE:SUN) earned “Overweight” rating by Barclays Capital. On Tuesday, March 27 the rating was maintained by Citigroup with “Neutral”.

A couple more Sunoco LP (NYSE:SUN) news were posted by: Businesswire.com which released on May 31, 2018 “Energy Transfer Announces FERC Approval to Place Rover Pipeline’s Full Mainline B into Service”, also Nasdaq.com on June 22, 2018 posted “New Research Coverage Highlights Perry Ellis International, Standex International, Fastenal, Viad, Boston Private …”, the next Benzinga.com is “23 Stocks Moving In Thursday’s Pre-Market Session” on June 14, 2018. Fool.com has article titled “Has Sunoco LP Finally Turned a Corner After Its Major Asset Sale?”.

Sunoco LP, together with its subsidiaries, engages in the wholesale distribution and retail sale of motor fuels primarily in the United States.The firm is valued at $2.03 billion. The firm operates through two divisions, Wholesale and Retail.The P/E ratio is 71.42. It serves convenience stores and consignment locations, contracted independent convenience store operators, and other commercial customers.

Sunoco LP (NYSE:SUN) Analyst Ratings Chart

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