Zurcher Kantonalbank Zurich Cantonalbank Invests $606,000 in SunocoCorp LLC $SUNC

Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in SunocoCorp LLC (NYSE:SUNC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,294 shares of the company’s stock, valued at approximately $606,000.

Separately, QV Investors Inc. bought a new stake in shares of SunocoCorp in the fourth quarter worth $58,528,000.

SunocoCorp Stock Performance

SUNC opened at $65.91 on Friday. SunocoCorp LLC has a 52-week low of $47.00 and a 52-week high of $66.98. The stock’s 50-day moving average is $61.39.

SunocoCorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Friday, May 8th will be given a dividend of $0.9899 per share. This represents a $3.96 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Friday, May 8th.

Analyst Ratings Changes

SUNC has been the topic of a number of research reports. Raymond James Financial raised shares of SunocoCorp from an “outperform” rating to a “strong-buy” rating and set a $70.00 price objective on the stock in a research report on Monday, January 5th. Wall Street Zen raised shares of SunocoCorp to a “hold” rating in a research report on Saturday, February 28th. Finally, Zacks Research lowered shares of SunocoCorp from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $64.00.

SunocoCorp Profile

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