Sun Coal & Coke Llc Acquires 51,059 Shares of SunCoke Energy Partners LP (SXCP) Stock

SunCoke Energy Partners LP (NYSE:SXCP) major shareholder Sun Coal & Coke Llc acquired 51,059 shares of the stock in a transaction dated Thursday, January 4th. The stock was acquired at an average cost of $17.69 per share, for a total transaction of $903,233.71. The transaction was disclosed in a filing with the SEC, which is available through this link. Major 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 Tuesday, January 2nd, Sun Coal & Coke Llc acquired 17,359 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.70 per share, for a total transaction of $307,254.30.
  • On Friday, December 28th, Sun Coal & Coke Llc acquired 17,659 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.64 per share, for a total transaction of $311,504.76.
  • On Friday, December 29th, Sun Coal & Coke Llc acquired 34,659 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.60 per share, for a total transaction of $609,998.40.
  • On Wednesday, December 27th, Sun Coal & Coke Llc acquired 30,100 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.68 per share, for a total transaction of $532,168.00.
  • On Friday, December 22nd, Sun Coal & Coke Llc acquired 30,900 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.39 per share, for a total transaction of $537,351.00.
  • On Wednesday, December 20th, Sun Coal & Coke Llc acquired 15,200 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.06 per share, for a total transaction of $259,312.00.
  • On Friday, December 15th, Sun Coal & Coke Llc acquired 19,300 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.11 per share, for a total transaction of $330,223.00.
  • On Monday, December 18th, Sun Coal & Coke Llc acquired 56,355 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.10 per share, for a total transaction of $963,670.50.
  • On Wednesday, December 13th, Sun Coal & Coke Llc acquired 39,869 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.10 per share, for a total transaction of $681,759.90.
  • On Monday, December 11th, Sun Coal & Coke Llc acquired 17,209 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.09 per share, for a total transaction of $294,101.81.

SunCoke Energy Partners LP (NYSE:SXCP) traded down $0.15 during trading on Thursday, hitting $17.60. 193,700 shares of the stock traded hands, compared to its average volume of 214,412. The stock has a market capitalization of $813.58, a P/E ratio of -9.51 and a beta of 1.28. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.67 and a current ratio of 1.38. SunCoke Energy Partners LP has a 1-year low of $13.50 and a 1-year high of $20.70.

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

Several research firms have recently weighed in on SXCP. Zacks Investment Research raised shares of SunCoke Energy Partners from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Wednesday, November 8th. B. Riley reissued a “buy” rating on shares of SunCoke Energy Partners in a research report on Wednesday, November 1st. ValuEngine downgraded shares of SunCoke Energy Partners from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, BidaskClub raised shares of SunCoke Energy Partners from a “hold” rating to a “buy” rating in a research report on Thursday, October 12th.

Several institutional investors have recently added to or reduced their stakes in SXCP. Sei Investments Co. purchased a new position in shares of SunCoke Energy Partners in the second quarter worth approximately $206,000. Marshall Wace North America L.P. acquired a new stake in shares of SunCoke Energy Partners during the second quarter worth approximately $910,000. Quinn Opportunity Partners LLC acquired a new stake in shares of SunCoke Energy Partners during the second quarter worth approximately $381,000. Sheaff Brock Investment Advisors LLC boosted its holdings in shares of SunCoke Energy Partners by 7.8% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 11,100 shares of the energy company’s stock worth $195,000 after purchasing an additional 800 shares during the period. Finally, Eaton Vance Management acquired a new stake in shares of SunCoke Energy Partners during the second quarter worth approximately $2,982,000. 13.28% of the stock is currently owned by institutional investors and hedge funds.

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About SunCoke Energy Partners

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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