Sun Coal & Coke Llc Buys 41,119 Shares of SunCoke Energy Partners, L.P. (SXCP) Stock

SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc purchased 41,119 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was bought at an average cost of $17.69 per share, for a total transaction of $727,395.11. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Friday, November 10th, Sun Coal & Coke Llc purchased 13,119 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.71 per share, for a total transaction of $232,337.49.
  • On Wednesday, November 8th, Sun Coal & Coke Llc purchased 28,200 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.89 per share, for a total transaction of $504,498.00.
  • On Friday, November 3rd, Sun Coal & Coke Llc purchased 11,900 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.90 per share, for a total transaction of $213,010.00.
  • On Monday, November 6th, Sun Coal & Coke Llc purchased 35,600 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.90 per share, for a total transaction of $637,240.00.
  • On Wednesday, November 1st, Sun Coal & Coke Llc purchased 19,876 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.98 per share, for a total transaction of $357,370.48.
  • On Friday, October 27th, Sun Coal & Coke Llc purchased 6,060 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $18.00 per share, for a total transaction of $109,080.00.
  • On Monday, October 30th, Sun Coal & Coke Llc purchased 23,127 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.97 per share, for a total transaction of $415,592.19.
  • On Wednesday, October 25th, Sun Coal & Coke Llc purchased 18,284 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.82 per share, for a total transaction of $325,820.88.
  • On Monday, October 23rd, Sun Coal & Coke Llc purchased 9,817 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.71 per share, for a total transaction of $173,859.07.
  • On Friday, October 20th, Sun Coal & Coke Llc purchased 7,900 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.81 per share, for a total transaction of $140,699.00.

Shares of SunCoke Energy Partners, L.P. (NYSE:SXCP) opened at $16.85 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.38 and a quick ratio of 0.67. SunCoke Energy Partners, L.P. has a 1 year low of $13.50 and a 1 year high of $21.95. The company has a market cap of $813.56, a price-to-earnings ratio of 9.72 and a beta of 1.31.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last released its quarterly earnings data on Thursday, October 26th. The energy company reported $0.45 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.22. SunCoke Energy Partners, L.P. 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 earned $0.42 EPS. The firm’s quarterly revenue was up 15.4% on a year-over-year basis. research analysts expect that SunCoke Energy Partners, L.P. will post -1.94 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a $0.594 dividend. This represents a $2.38 dividend on an annualized basis and a dividend yield of 14.10%. The ex-dividend date of this dividend is Tuesday, November 14th. SunCoke Energy Partners, L.P.’s dividend payout ratio is currently -129.35%.

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A number of research analysts have recently weighed in on the company. ValuEngine downgraded SunCoke Energy Partners, L.P. from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. B. Riley restated a “buy” rating on shares of SunCoke Energy Partners, L.P. in a research report on Wednesday, November 1st. Zacks Investment Research cut shares of SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, BidaskClub upgraded shares of SunCoke Energy Partners, L.P. from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in SXCP. California Public Employees Retirement System increased its position in shares of SunCoke Energy Partners, L.P. by 16.5% in the 1st quarter. California Public Employees Retirement System now owns 67,700 shares of the energy company’s stock valued at $1,039,000 after buying an additional 9,600 shares in the last quarter. UBS Group AG increased its position in shares of SunCoke Energy Partners, L.P. by 93.4% in the 1st quarter. UBS Group AG now owns 8,329 shares of the energy company’s stock valued at $128,000 after buying an additional 4,023 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of SunCoke Energy Partners, L.P. by 8.0% in the 1st quarter. Renaissance Technologies LLC now owns 65,989 shares of the energy company’s stock valued at $1,013,000 after buying an additional 4,903 shares in the last quarter. Bank of America Corp DE increased its holdings in SunCoke Energy Partners, L.P. by 0.9% during the 1st quarter. Bank of America Corp DE now owns 22,614 shares of the energy company’s stock worth $347,000 after purchasing an additional 200 shares in the last quarter. Finally, Creative Planning increased its holdings in SunCoke Energy Partners, L.P. by 15.5% during the 2nd quarter. Creative Planning now owns 12,817 shares of the energy company’s stock worth $225,000 after purchasing an additional 1,717 shares in the last quarter. Institutional investors and hedge funds own 15.53% of the company’s stock.

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).

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

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