SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Sun Coal & Coke Llc Acquires 61,408 Shares of Stock

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

Shares of SunCoke Energy Partners, L.P. (NYSE:SXCP) traded down $0.05 on Wednesday, reaching $17.05. 131,800 shares of the company traded hands, compared to its average volume of 240,350. The stock has a market cap of $790.45, a price-to-earnings 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. 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 (NYSE:SXCP) last issued its quarterly earnings data on Thursday, October 26th. The energy company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.22. The firm had revenue of $214.00 million for the quarter, compared to analyst estimates of $212.95 million. SunCoke Energy Partners had a negative net margin of 9.04% and a positive return on equity of 15.35%. SunCoke Energy Partners’s revenue was up 15.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.42 EPS. research analysts anticipate that SunCoke Energy Partners, L.P. will post -1.94 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Wednesday, November 15th were issued a $0.594 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $2.38 annualized dividend and a yield of 13.94%. SunCoke Energy Partners’s dividend payout ratio (DPR) is currently -129.35%.

Several research analysts have recently weighed in on the stock. 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 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 cut 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.

A number of institutional investors and hedge funds have recently modified their holdings of SXCP. California Public Employees Retirement System raised its holdings in 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 valued at $1,039,000 after buying an additional 9,600 shares during the period. UBS Group AG raised its holdings in SunCoke Energy Partners 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 during the period. Renaissance Technologies LLC raised its holdings in SunCoke Energy Partners 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 during the period. Bank of America Corp DE raised its holdings in 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 valued at $347,000 after buying an additional 200 shares during the period. Finally, Creative Planning raised its holdings in SunCoke Energy Partners by 15.5% in the 2nd 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. Hedge funds and other institutional investors own 13.30% of the company’s stock.

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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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