Shares of Alliance Holdings GP, L.P. (NASDAQ:AHGP) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Brokerages have set a 1-year consensus target price of $32.00 for the company and are expecting that the company will post $0.80 EPS for the current quarter, according to Zacks. Zacks has also given Alliance Holdings GP, L.P. an industry rank of 181 out of 265 based on the ratings given to its competitors.

Several research analysts recently commented on the company. Zacks Investment Research raised Alliance Holdings GP, L.P. from a “hold” rating to a “strong-buy” rating and set a $30.00 target price for the company in a research report on Wednesday, August 9th. BidaskClub cut Alliance Holdings GP, L.P. from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. ValuEngine raised Alliance Holdings GP, L.P. from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 2nd. Finally, TheStreet raised Alliance Holdings GP, L.P. from a “c+” rating to a “b-” rating in a report on Monday, October 16th.

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Alliance Holdings GP, L.P. (AHGP) traded down $0.19 during mid-day trading on Friday, hitting $27.81. The company’s stock had a trading volume of 102,244 shares, compared to its average volume of 95,894. The stock has a market cap of $1.68 billion, a PE ratio of 8.28 and a beta of 0.56. The company has a current ratio of 1.13, a quick ratio of 0.69 and a debt-to-equity ratio of 0.39.

Alliance Holdings GP, L.P. (NASDAQ:AHGP) last issued its earnings results on Monday, October 30th. The energy company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.26). The firm had revenue of $453.09 million during the quarter, compared to the consensus estimate of $486.80 million. Alliance Holdings GP, L.P. had a return on equity of 17.87% and a net margin of 10.76%. The firm’s revenue for the quarter was down 17.9% compared to the same quarter last year. During the same period last year, the business earned $0.81 earnings per share. research analysts predict that Alliance Holdings GP, L.P. will post 3.34 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Thursday, November 9th will be issued a dividend of $0.735 per share. The ex-dividend date of this dividend is Wednesday, November 8th. This is a boost from Alliance Holdings GP, L.P.’s previous quarterly dividend of $0.73. This represents a $2.94 dividend on an annualized basis and a dividend yield of 10.57%. Alliance Holdings GP, L.P.’s dividend payout ratio (DPR) is presently 88.49%.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Mountain Lake Investment Management LLC lifted its holdings in shares of Alliance Holdings GP, L.P. by 61.1% during the second quarter. Mountain Lake Investment Management LLC now owns 623,800 shares of the energy company’s stock valued at $14,784,000 after acquiring an additional 236,500 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Alliance Holdings GP, L.P. by 63.5% during the second quarter. Wells Fargo & Company MN now owns 460,828 shares of the energy company’s stock valued at $10,922,000 after acquiring an additional 179,012 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Alliance Holdings GP, L.P. by 69.2% during the second quarter. Acadian Asset Management LLC now owns 283,866 shares of the energy company’s stock valued at $6,727,000 after acquiring an additional 116,079 shares during the period. NFC Investments LLC lifted its holdings in shares of Alliance Holdings GP, L.P. by 1.7% during the second quarter. NFC Investments LLC now owns 236,160 shares of the energy company’s stock valued at $5,597,000 after acquiring an additional 4,000 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Alliance Holdings GP, L.P. during the second quarter valued at $4,774,000. 21.46% of the stock is owned by institutional investors.

Alliance Holdings GP, L.P. Company Profile

Alliance Holdings GP, L.P. (AHGP) is a limited partnership company. The Company owns directly and indirectly the members’ interest in Alliance Resource Management GP, LLC (MGP), the managing general partner of Alliance Resource Partners, L.P. (ARLP). The Company’s segments include Illinois Basin, Appalachia, and Other and Corporate.

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