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SunoCo Logistics Partners LP (NYSE:SXL) declared a quarterly dividend on Wednesday, January 29th, American Banking and Market News reports. Investors of record on Monday, February 10th will be given a dividend of 0.6625 per share on Friday, February 14th. This represents a $2.65 dividend on an annualized basis and a yield of 3.49%.

SXL has been the subject of a number of recent research reports. Analysts at Credit Suisse initiated coverage on shares of SunoCo Logistics Partners LP in a research note to investors on Tuesday, January 7th. They set a “neutral” rating and a $81.00 price target on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of SunoCo Logistics Partners LP in a research note to investors on Friday, November 8th. They now have a $73.00 price target on the stock. Eleven analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $70.13.

Shares of SunoCo Logistics Partners LP (NYSE:SXL) traded up 0.53% on Wednesday, hitting $75.93. 92,742 shares of the company’s stock traded hands. SunoCo Logistics Partners LP has a 52 week low of $57.75 and a 52 week high of $76.10. The stock’s 50-day moving average is $72.74 and its 200-day moving average is $67.61. The company has a market cap of $7.882 billion and a price-to-earnings ratio of 25.48.

SunoCo Logistics Partners LP (NYSE:SXL) last released its earnings data on Wednesday, November 6th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by $0.39. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $3.63 billion. During the same quarter in the previous year, the company posted $1.09 earnings per share. The company’s revenue for the quarter was up 41.2% on a year-over-year basis. Analysts expect that SunoCo Logistics Partners LP will post $3.34 EPS for the current fiscal year.

Sunoco Logistics Partners L.P. owns and operates a logistics business, consisting of a geographically diverse portfolio of complementary pipeline, terminalling, and crude oil acquisition and marketing assets.

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