Investors sold shares of Sunoco Logistics Partners LP (NYSE:ETP) on strength during trading hours on Monday. $16.41 million flowed into the stock on the tick-up and $41.54 million flowed out of the stock on the tick-down, for a money net flow of $25.13 million out of the stock. Of all companies tracked, Sunoco Logistics Partners had the 19th highest net out-flow for the day. Sunoco Logistics Partners traded up $0.12 for the day and closed at $19.63

A number of equities analysts recently issued reports on ETP shares. BMO Capital Markets reissued a “hold” rating and issued a $39.00 price target on shares of Sunoco Logistics Partners in a research note on Monday, April 17th. Stifel Nicolaus raised shares of Sunoco Logistics Partners from a “hold” rating to a “buy” rating and increased their price target for the stock from $23.00 to $25.00 in a research note on Tuesday, May 9th. Credit Suisse Group downgraded shares of Sunoco Logistics Partners from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $31.00 to $27.00 in a research note on Monday, May 1st. Zacks Investment Research downgraded shares of Sunoco Logistics Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. Finally, Robert W. Baird raised shares of Sunoco Logistics Partners from a “neutral” rating to an “outperform” rating and set a $30.00 price target for the company in a research note on Tuesday, May 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $32.32.

The firm’s 50-day moving average price is $20.23 and its 200 day moving average price is $22.78. The firm’s market capitalization is $21.45 billion.

Sunoco Logistics Partners (NYSE:ETP) last posted its quarterly earnings results on Tuesday, August 8th. The pipeline company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.17 by $0.21. Sunoco Logistics Partners had a net margin of 3.57% and a return on equity of 9.69%. The business had revenue of $6.58 billion during the quarter, compared to the consensus estimate of $7.24 billion. During the same quarter in the prior year, the firm posted $0.10 EPS. The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. On average, analysts expect that Sunoco Logistics Partners LP will post $0.68 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 14th. Stockholders of record on Monday, August 7th will be issued a $0.55 dividend. The ex-dividend date is Thursday, August 3rd. This represents a $2.20 annualized dividend and a dividend yield of 11.21%. This is a positive change from Sunoco Logistics Partners’s previous quarterly dividend of $0.54. Sunoco Logistics Partners’s payout ratio is currently 440.00%.

In other Sunoco Logistics Partners news, Director Michael K. Grimm purchased 3,023 shares of Sunoco Logistics Partners stock in a transaction dated Wednesday, May 17th. The stock was acquired at an average price of $23.19 per share, for a total transaction of $70,103.37. Following the acquisition, the director now owns 67,633 shares in the company, valued at approximately $1,568,409.27. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David K. Skidmore purchased 10,000 shares of Sunoco Logistics Partners stock in a transaction dated Thursday, June 22nd. The stock was acquired at an average price of $18.64 per share, with a total value of $186,400.00. Following the acquisition, the director now owns 45,245 shares in the company, valued at approximately $843,366.80. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 1,015,023 shares of company stock valued at $20,625,483. Company insiders own 3.74% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Regent Investment Management LLC raised its position in Sunoco Logistics Partners by 21.3% in the first quarter. Regent Investment Management LLC now owns 30,140 shares of the pipeline company’s stock valued at $1,101,000 after buying an additional 5,300 shares during the period. Hodges Capital Management Inc. raised its position in Sunoco Logistics Partners by 3.5% in the first quarter. Hodges Capital Management Inc. now owns 20,957 shares of the pipeline company’s stock valued at $765,000 after buying an additional 718 shares during the period. Capital Investment Advisors LLC raised its position in Sunoco Logistics Partners by 5.5% in the first quarter. Capital Investment Advisors LLC now owns 78,566 shares of the pipeline company’s stock valued at $2,869,000 after buying an additional 4,081 shares during the period. Ledyard National Bank raised its position in Sunoco Logistics Partners by 6.7% in the first quarter. Ledyard National Bank now owns 3,200 shares of the pipeline company’s stock valued at $117,000 after buying an additional 200 shares during the period. Finally, Waldron LP purchased a new position in Sunoco Logistics Partners during the first quarter valued at approximately $409,000. Institutional investors and hedge funds own 66.78% of the company’s stock.

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Sunoco Logistics Partners Company Profile

Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., owns and operates a logistics business. The Company is engaged in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs). The Company’s segments include Crude Oil, Natural Gas Liquids and Refined Products.

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