Featured Stock to Focus: Sunoco Logistics Partners LP (NYSE:SXL)

Cornelia Mascio
Febbraio 17, 2017

Finally, Robert W. Baird reiterated a "neutral" rating and issued a $31.00 target price on shares of Sunoco Logistics Partners in a report on Tuesday, December 6th. Stephens & Co. Initiates Coverage on Sunoco Logistics Partners L.P. (NYSE:SXL) to Overweight with a price target of $35. We further believe that Sunoco Logistics' impending acquisition of larger rival Energy Transfer Partners will create several commercial synergies, and result in $200 million worth of annual costs savings by 2019. Analysts may have different stances on where they see the stock headed in the future. Wolfe Research raised shares of Sunoco Logistics Partners from an underperform rating to a market perform rating in a research report on Tuesday, November 22nd. They now have a United States dollars 26 price target on the stock. (NASDAQ:YHOO) as "STRONG BUY", 7 rated as "BUY" and 18 issued a "HOLD" rating.

In recent action, Sunoco Logistics Partners L.P. (SXL) has made a move of +8.22% over the past month, which has come on Strong relative transaction volume. The stock is 8.41% above another chart threshold, its 50-day moving average and 3.43% above its 20-day simple moving average.

After a -1.62% fall from previous close of US$26.61, Sunoco Logistics Partners L.P. (SXL) has a US$8.78 Billion market cap. SXL has P/E (Price to Earnings ttm) value of 53.01, Forward P/E of 26.27, P/C (Price to cash per share) of 228.81 and Price to Free Cash Flow (P/FCF) value of 0. The estimated EPS for the current quarter is said to be $0.23. Sunoco Logistics Partners's payout ratio is 442.55%. The firm's revenue was down 9.1% compared to the same quarter past year.

MFA Financial, Inc. (NYSE:MFA) right now sits at consensus rating of 3.00 while 2 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and 5 suggest "HOLD". Equities research analysts forecast that Sunoco Logistics Partners will post $0.93 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 14th. Investors of record on Tuesday, February 7th will be given a $0.52 dividend. The ex-dividend date was Friday, February 3rd.

11/21/2016 - Sunoco Logistics Partners LP was downgraded to "market perform" by analysts at BMO Capital Markets.

Several institutional investors have recently modified their holdings of SXL. In last trade, the intraday high was $26.69, putting the share price -13.38% below its 52-week high and trades 48.13% higher from the lowest price they have traded at during the previous year. The 5 year historical dividend growth of Sunoco Logistics Partners LP (SXL) is at the rate of 21.17% while the R-Squared dividend growth is 0.99. That value represents a market adjusting for revenues that have been falling by -9.06 % on a quarterly year/year basis as of the company's last quarterly report. The third largest holder is Goldman Sachs Group Inc, which now holds $503.45 million worth of this stock and that ownership represents almost 5.73% of its market capitalization. HighTower Advisors LLC now owns 237,101 shares of the company's stock valued at $6,816,000 after buying an additional 3,812 shares during the period. Finally, Morgan Stanley boosted its stake in Sunoco Logistics Partners by 88.2% in the third quarter. BlackRock Advisors LLC now owns 600,620 shares of the company's stock valued at $17,064,000 after buying an additional 178,690 shares in the last quarter. Institutional investors own 64.42% of the company's stock.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE