Zurcher Kantonalbank Zurich Cantonalbank Acquires Shares of 12,294 SunocoCorp LLC $SUNC

Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in SunocoCorp LLC (NYSE:SUNC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,294 shares of the company’s stock, valued at approximately $606,000.

Separately, QV Investors Inc. bought a new position in SunocoCorp during the fourth quarter worth about $58,528,000.

Analyst Upgrades and Downgrades

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

SunocoCorp Stock Performance

Shares of SunocoCorp stock opened at $65.91 on Friday. The firm has a 50-day moving average price of $61.39. SunocoCorp LLC has a one year low of $47.00 and a one year high of $66.98.

SunocoCorp Dividend Announcement

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

About SunocoCorp

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