SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Sun Coal & Coke Llc Acquires 57,168 Shares

SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc acquired 57,168 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was purchased at an average price of $17.22 per share, with a total value of $984,432.96. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more 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 Friday, November 24th, Sun Coal & Coke Llc bought 19,500 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.24 per share, with a total value of $336,180.00.
  • On Wednesday, November 22nd, Sun Coal & Coke Llc bought 18,010 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $16.98 per share, with a total value of $305,809.80.
  • On Monday, November 27th, Sun Coal & Coke Llc bought 57,751 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.16 per share, with a total value of $991,007.16.
  • On Friday, November 17th, Sun Coal & Coke Llc bought 15,500 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $16.97 per share, with a total value of $263,035.00.
  • On Monday, November 20th, Sun Coal & Coke Llc bought 50,039 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.05 per share, with a total value of $853,164.95.
  • On Wednesday, November 15th, Sun Coal & Coke Llc bought 32,211 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $16.88 per share, with a total value of $543,721.68.
  • On Friday, November 10th, Sun Coal & Coke Llc bought 13,119 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.71 per share, with a total value of $232,337.49.
  • On Monday, November 13th, Sun Coal & Coke Llc bought 41,119 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.69 per share, with a total value of $727,395.11.
  • On Wednesday, November 8th, Sun Coal & Coke Llc acquired 28,200 shares of SunCoke Energy Partners stock. The shares were acquired at an average cost of $17.89 per share, with a total value of $504,498.00.
  • On Friday, November 3rd, Sun Coal & Coke Llc acquired 11,900 shares of SunCoke Energy Partners stock. The shares were acquired at an average cost of $17.90 per share, with a total value of $213,010.00.

SunCoke Energy Partners, L.P. (SXCP) traded down $0.05 during trading on Thursday, hitting $17.15. 217,095 shares of the stock traded hands, compared to its average volume of 239,525. SunCoke Energy Partners, L.P. has a twelve month low of $13.50 and a twelve month high of $21.95. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.67 and a current ratio of 1.38. The stock has a market cap of $792.76, a PE ratio of 9.48 and a beta of 1.31.

SunCoke Energy Partners (NYSE:SXCP) last posted its quarterly earnings results on Thursday, October 26th. The energy company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.22. SunCoke Energy Partners had a negative net margin of 9.04% and a positive return on equity of 15.35%. The business had revenue of $214.00 million during the quarter, compared to analysts’ expectations of $212.95 million. During the same quarter in the prior year, the company posted $0.42 EPS. The business’s revenue for the quarter was up 15.4% on a year-over-year basis. research analysts forecast that SunCoke Energy Partners, L.P. will post -1.94 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be paid a $0.594 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $2.38 annualized dividend and a dividend yield of 13.85%. SunCoke Energy Partners’s dividend payout ratio (DPR) is -129.35%.

Several institutional investors have recently bought and sold shares of SXCP. Eaton Vance Management acquired a new position in shares of SunCoke Energy Partners in the 2nd quarter worth approximately $2,982,000. Adams Asset Advisors LLC lifted its holdings in shares of SunCoke Energy Partners by 36.0% in the 3rd quarter. Adams Asset Advisors LLC now owns 56,695 shares of the energy company’s stock worth $975,000 after acquiring an additional 15,000 shares during the last quarter. Alpha Cubed Investments LLC acquired a new position in shares of SunCoke Energy Partners in the 2nd quarter worth approximately $292,000. California Public Employees Retirement System lifted its holdings in shares of SunCoke Energy Partners by 16.5% in the 1st quarter. California Public Employees Retirement System now owns 67,700 shares of the energy company’s stock worth $1,039,000 after acquiring an additional 9,600 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of SunCoke Energy Partners by 0.9% in the 1st quarter. Bank of America Corp DE now owns 22,614 shares of the energy company’s stock worth $347,000 after acquiring an additional 200 shares during the last quarter. 13.56% of the stock is owned by institutional investors and hedge funds.

Several analysts recently issued reports on SXCP shares. Zacks Investment Research cut shares of SunCoke Energy Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. ValuEngine raised shares of SunCoke Energy Partners from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. BidaskClub cut shares of SunCoke Energy Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. Finally, B. Riley reaffirmed a “buy” rating on shares of SunCoke Energy Partners in a research note on Wednesday, November 1st.

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SunCoke Energy Partners 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).

Insider Buying and Selling by Quarter for SunCoke Energy Partners (NYSE:SXCP)

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