SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc acquired 24,300 shares of the business’s stock in a transaction that occurred on Tuesday, June 27th. The shares were acquired at an average cost of $17.53 per share, with a total value of $425,979.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Sun Coal & Coke Llc also recently made the following trade(s):

  • On Wednesday, June 28th, Sun Coal & Coke Llc acquired 48,551 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.57 per share, with a total value of $853,041.07.
  • On Monday, June 26th, Sun Coal & Coke Llc acquired 40,911 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.35 per share, with a total value of $709,805.85.
  • On Thursday, June 22nd, Sun Coal & Coke Llc acquired 12,691 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.32 per share, with a total value of $219,808.12.
  • On Tuesday, June 20th, Sun Coal & Coke Llc acquired 27,899 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $16.95 per share, with a total value of $472,888.05.
  • On Wednesday, June 21st, Sun Coal & Coke Llc acquired 41,400 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $16.95 per share, with a total value of $701,730.00.
  • On Monday, June 19th, Sun Coal & Coke Llc acquired 42,739 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.13 per share, with a total value of $732,119.07.
  • On Thursday, June 15th, Sun Coal & Coke Llc acquired 32,800 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.01 per share, with a total value of $557,928.00.
  • On Tuesday, June 13th, Sun Coal & Coke Llc acquired 32,096 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.55 per share, with a total value of $563,284.80.
  • On Wednesday, June 14th, Sun Coal & Coke Llc acquired 66,196 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.50 per share, with a total value of $1,158,430.00.
  • On Monday, June 12th, Sun Coal & Coke Llc acquired 56,988 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.49 per share, with a total value of $996,720.12.

Shares of SunCoke Energy Partners, L.P. (SXCP) traded down 0.86% during trading on Wednesday, reaching $17.25. The company had a trading volume of 286,698 shares. The company’s market cap is $797.30 million. The firm has a 50 day moving average price of $16.89 and a 200 day moving average price of $17.38. SunCoke Energy Partners, L.P. has a 12 month low of $10.31 and a 12 month high of $21.95.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last issued its quarterly earnings data on Thursday, April 20th. The energy company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.19. The firm had revenue of $195.60 million during the quarter, compared to the consensus estimate of $232.25 million. SunCoke Energy Partners, L.P. had a negative net margin of 6.40% and a positive return on equity of 13.94%. The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the business posted $0.64 earnings per share. Analysts predict that SunCoke Energy Partners, L.P. will post ($0.40) earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 1st. Shareholders of record on Monday, May 15th were given a dividend of $0.594 per share. The ex-dividend date of this dividend was Thursday, May 11th. This represents a $2.38 annualized dividend and a yield of 13.77%. SunCoke Energy Partners, L.P.’s dividend payout ratio (DPR) is presently -177.61%.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/06/28/insider-buying-suncoke-energy-partners-l-p-sxcp-major-shareholder-purchases-24300-shares-of-stock.html.

A number of large investors have recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of SunCoke Energy Partners, L.P. by 0.9% in the first quarter. Bank of America Corp DE now owns 22,614 shares of the energy company’s stock valued at $347,000 after buying an additional 200 shares during the period. Global X Management Co. LLC increased its stake in shares of SunCoke Energy Partners, L.P. by 6.7% in the first quarter. Global X Management Co. LLC now owns 6,486 shares of the energy company’s stock valued at $100,000 after buying an additional 409 shares during the period. UBS Group AG increased its stake in SunCoke Energy Partners, L.P. by 93.4% in the first quarter. UBS Group AG now owns 8,329 shares of the energy company’s stock worth $128,000 after buying an additional 4,023 shares during the last quarter. Renaissance Technologies LLC increased its stake in SunCoke Energy Partners, L.P. by 8.0% in the first quarter. Renaissance Technologies LLC now owns 65,989 shares of the energy company’s stock worth $1,013,000 after buying an additional 4,903 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in SunCoke Energy Partners, L.P. by 16.5% in the first quarter. California Public Employees Retirement System now owns 67,700 shares of the energy company’s stock worth $1,039,000 after buying an additional 9,600 shares during the last quarter. Hedge funds and other institutional investors own 28.10% of the company’s stock.

SXCP has been the subject of several research analyst reports. Zacks Investment Research cut SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Friday, May 5th. ValuEngine raised SunCoke Energy Partners, L.P. from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, May 31st.

About SunCoke Energy Partners, L.P.

SunCoke Energy Partners, L.P. is engaged in the production of coke used in the blast furnace production of steel. As of December 31, 2016, the Company owned a 98% interest in Haverhill Coke Company LLC (Haverhill), Middletown Coke Company, LLC (Middletown), and Gateway Energy and Coke Company, LLC (Granite City).

Insider Buying and Selling by Quarter for SunCoke Energy Partners, L.P. (NYSE:SXCP)

Receive News & Ratings for SunCoke Energy Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunCoke Energy Partners L.P. and related companies with MarketBeat.com's FREE daily email newsletter.