SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc acquired 35,838 shares of the firm’s stock in a transaction on Thursday, August 17th. The stock was purchased at an average cost of $16.70 per share, for a total transaction of $598,494.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 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 Thursday, July 27th, Sun Coal & Coke Llc acquired 4,100 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $17.95 per share, for a total transaction of $73,595.00.
- On Monday, July 10th, Sun Coal & Coke Llc acquired 30,100 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $17.59 per share, for a total transaction of $529,459.00.
- On Thursday, July 6th, Sun Coal & Coke Llc acquired 45,423 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $17.74 per share, for a total transaction of $805,804.02.
- On Thursday, June 29th, Sun Coal & Coke Llc acquired 20,000 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $17.51 per share, for a total transaction of $350,200.00.
- On Tuesday, June 27th, Sun Coal & Coke Llc acquired 24,300 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $17.53 per share, for a total transaction of $425,979.00.
- On Wednesday, June 28th, Sun Coal & Coke Llc acquired 48,551 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $17.57 per share, for a total transaction of $853,041.07.
- On Monday, June 26th, Sun Coal & Coke Llc acquired 40,911 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $17.35 per share, for a total transaction of $709,805.85.
- On Thursday, June 22nd, Sun Coal & Coke Llc acquired 12,691 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $17.32 per share, for a total transaction of $219,808.12.
- On Tuesday, June 20th, Sun Coal & Coke Llc acquired 27,899 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $16.95 per share, for a total transaction of $472,888.05.
- On Wednesday, June 21st, Sun Coal & Coke Llc acquired 41,400 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average cost of $16.95 per share, for a total transaction of $701,730.00.
SunCoke Energy Partners, L.P. (SXCP) opened at 16.85 on Monday. The firm has a 50-day moving average price of $17.92 and a 200-day moving average price of $16.89. The firm’s market capitalization is $778.86 million. SunCoke Energy Partners, L.P. has a one year low of $12.07 and a one year high of $21.95.
SunCoke Energy Partners, L.P. (NYSE:SXCP) last announced its quarterly earnings results on Thursday, July 27th. The energy company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by $0.08. The company had revenue of $200.60 million during the quarter, compared to analysts’ expectations of $212.25 million. SunCoke Energy Partners, L.P. had a negative net margin of 9.52% and a positive return on equity of 14.02%. SunCoke Energy Partners, L.P.’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share. Analysts expect that SunCoke Energy Partners, L.P. will post ($1.91) EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be given a $0.594 dividend. This represents a $2.38 annualized dividend and a dividend yield of 14.10%. The ex-dividend date of this dividend is Friday, August 11th. SunCoke Energy Partners, L.P.’s dividend payout ratio (DPR) is presently -127.27%.
A number of research analysts have commented on SXCP shares. Zacks Investment Research lowered SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a report on Friday, April 28th. ValuEngine raised SunCoke Energy Partners, L.P. from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 31st.
Institutional investors have recently made changes to their positions in the stock. Creative Planning boosted its position in shares of SunCoke Energy Partners, L.P. by 15.5% in the second quarter. Creative Planning now owns 12,817 shares of the energy company’s stock valued at $225,000 after buying an additional 1,717 shares during the period. Bank of America Corp DE boosted its position 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. Gendell Jeffrey L boosted its position in shares of SunCoke Energy Partners, L.P. by 259.6% in the first quarter. Gendell Jeffrey L now owns 863,511 shares of the energy company’s stock valued at $13,255,000 after buying an additional 623,399 shares during the period. Renaissance Technologies LLC boosted its position in shares of 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 valued at $1,013,000 after buying an additional 4,903 shares during the period. Finally, Morgan Stanley boosted its position in shares of SunCoke Energy Partners, L.P. by 12.7% in the first quarter. Morgan Stanley now owns 4,169,812 shares of the energy company’s stock valued at $64,008,000 after buying an additional 468,527 shares during the period. Institutional investors own 27.59% 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).
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