Sun Coal & Coke Llc Buys 15,500 Shares of SunCoke Energy Partners, L.P. (SXCP) Stock

SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc purchased 15,500 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The shares were purchased at an average price of $16.97 per share, for a total transaction of $263,035.00. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Large 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 Tuesday, December 5th, Sun Coal & Coke Llc purchased 61,408 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.15 per share, for a total transaction of $1,053,147.20.
  • On Thursday, November 30th, Sun Coal & Coke Llc purchased 57,168 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.22 per share, for a total transaction of $984,432.96.
  • On Friday, November 24th, Sun Coal & Coke Llc bought 19,500 shares of SunCoke Energy Partners stock. The stock was bought at an average price of $17.24 per share, for a total transaction of $336,180.00.
  • On Wednesday, November 22nd, Sun Coal & Coke Llc bought 18,010 shares of SunCoke Energy Partners stock. The stock was bought at an average price of $16.98 per share, for a total transaction of $305,809.80.
  • On Monday, November 27th, Sun Coal & Coke Llc bought 57,751 shares of SunCoke Energy Partners stock. The stock was bought at an average price of $17.16 per share, for a total transaction of $991,007.16.
  • On Monday, November 20th, Sun Coal & Coke Llc bought 50,039 shares of SunCoke Energy Partners stock. The stock was bought at an average price of $17.05 per share, for a total transaction of $853,164.95.
  • On Wednesday, November 15th, Sun Coal & Coke Llc bought 32,211 shares of SunCoke Energy Partners stock. The stock was bought at an average price of $16.88 per share, for a total transaction of $543,721.68.
  • On Friday, November 10th, Sun Coal & Coke Llc bought 13,119 shares of SunCoke Energy Partners stock. The stock was bought at an average price of $17.71 per share, for a total transaction of $232,337.49.
  • On Monday, November 13th, Sun Coal & Coke Llc bought 41,119 shares of SunCoke Energy Partners stock. The stock was bought at an average price of $17.69 per share, for a total transaction of $727,395.11.
  • On Wednesday, November 8th, Sun Coal & Coke Llc bought 28,200 shares of SunCoke Energy Partners stock. The stock was bought at an average price of $17.89 per share, for a total transaction of $504,498.00.

SunCoke Energy Partners, L.P. (NYSE SXCP) traded down $0.15 during trading hours on Wednesday, hitting $16.90. 108,195 shares of the stock traded hands, compared to its average volume of 239,787. The company has a current ratio of 1.38, a quick ratio of 0.67 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $790.45, a P/E ratio of 9.45 and a beta of 1.29. SunCoke Energy Partners, L.P. has a 12-month low of $13.50 and a 12-month high of $21.95.

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, topping the Thomson Reuters’ 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 firm had revenue of $214.00 million for the quarter, compared to the consensus estimate of $212.95 million. During the same period last year, the firm posted $0.42 earnings per share. The company’s revenue for the quarter was up 15.4% on a year-over-year basis. analysts expect that SunCoke Energy Partners, L.P. will post -1.94 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were paid a dividend of $0.594 per share. This represents a $2.38 dividend on an annualized basis and a yield of 14.06%. The ex-dividend date was Tuesday, November 14th. SunCoke Energy Partners’s dividend payout ratio (DPR) is presently -129.35%.

A number of hedge funds have recently modified their holdings of SXCP. California Public Employees Retirement System raised its stake in SunCoke Energy Partners by 16.5% during the first quarter. California Public Employees Retirement System now owns 67,700 shares of the energy company’s stock worth $1,039,000 after purchasing an additional 9,600 shares during the period. UBS Group AG raised its stake in SunCoke Energy Partners by 93.4% during the first quarter. UBS Group AG now owns 8,329 shares of the energy company’s stock worth $128,000 after purchasing an additional 4,023 shares during the period. Renaissance Technologies LLC raised its stake in SunCoke Energy Partners by 8.0% during the first quarter. Renaissance Technologies LLC now owns 65,989 shares of the energy company’s stock worth $1,013,000 after purchasing an additional 4,903 shares during the period. Bank of America Corp DE raised its stake in SunCoke Energy Partners by 0.9% during the first 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 during the period. Finally, Creative Planning raised its stake in SunCoke Energy Partners by 15.5% during the second quarter. Creative Planning now owns 12,817 shares of the energy company’s stock worth $225,000 after purchasing an additional 1,717 shares during the period. 13.30% of the stock is currently owned by institutional investors.

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 price target on the stock in a research note on Wednesday, November 8th. B. Riley reissued a “buy” rating on shares of SunCoke Energy Partners in a research note on Wednesday, November 1st. ValuEngine downgraded shares of SunCoke Energy Partners from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, BidaskClub raised shares of SunCoke Energy Partners from a “hold” rating to a “buy” rating in a research note on Thursday, October 12th.

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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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