SunCoke Energy Partners, L.P. (NYSE:SXCP) was upgraded by investment analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research lowered SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd.

SunCoke Energy Partners, L.P. (NYSE SXCP) traded down 0.28% during midday trading on Friday, reaching $17.50. The company had a trading volume of 115,521 shares. The company’s market capitalization is $808.90 million. The firm has a 50-day moving average of $17.72 and a 200 day moving average of $16.87. SunCoke Energy Partners, L.P. has a 1-year low of $13.50 and a 1-year high of $21.95.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last announced its earnings results on Thursday, July 27th. The energy company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by $0.08. SunCoke Energy Partners, L.P. had a negative net margin of 9.52% and a positive return on equity of 14.02%. The business had revenue of $200.60 million for the quarter, compared to analyst estimates of $212.25 million. During the same period in the prior year, the company earned $0.23 earnings per share. The company’s quarterly revenue was up 10.6% on a year-over-year basis. On average, equities research analysts forecast that SunCoke Energy Partners, L.P. will post ($1.91) EPS for the current year.

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In other news, major shareholder Sun Coal & Coke Llc acquired 86,600 shares of the business’s stock in a transaction dated Wednesday, June 7th. The shares were acquired at an average cost of $17.14 per share, with a total value of $1,484,324.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders bought 1,010,856 shares of company stock worth $17,461,838 over the last three months.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Alps Advisors Inc. raised its position in shares of SunCoke Energy Partners, L.P. by 0.3% in the second quarter. Alps Advisors Inc. now owns 31,400 shares of the energy company’s stock worth $551,000 after buying an additional 81 shares in the last quarter. Arrow Investment Advisors LLC raised its position in shares of SunCoke Energy Partners, L.P. by 0.3% in the second quarter. Arrow Investment Advisors LLC now owns 46,751 shares of the energy company’s stock worth $820,000 after buying an additional 161 shares in the last quarter. Bank of America Corp DE raised its stake in 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 raised its stake in 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. Finally, Sheaff Brock Investment Advisors LLC raised its stake in SunCoke Energy Partners, L.P. by 7.8% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 11,100 shares of the energy company’s stock valued at $195,000 after buying an additional 800 shares during the period. 15.71% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Partners, L.P. Company Profile

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).

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