SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Sun Coal & Coke Llc Buys 19,876 Shares

SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc bought 19,876 shares of SunCoke Energy Partners, L.P. stock in a transaction dated Wednesday, November 1st. The shares were bought at an average price of $17.98 per share, for a total transaction of $357,370.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Friday, October 27th, Sun Coal & Coke Llc bought 6,060 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $18.00 per share, for a total transaction of $109,080.00.
  • On Monday, October 30th, Sun Coal & Coke Llc bought 23,127 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $17.97 per share, for a total transaction of $415,592.19.
  • On Wednesday, October 25th, Sun Coal & Coke Llc bought 18,284 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $17.82 per share, for a total transaction of $325,820.88.
  • On Monday, October 23rd, Sun Coal & Coke Llc bought 9,817 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $17.71 per share, for a total transaction of $173,859.07.
  • On Friday, October 20th, Sun Coal & Coke Llc bought 7,900 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $17.81 per share, for a total transaction of $140,699.00.
  • On Wednesday, October 18th, Sun Coal & Coke Llc bought 7,900 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $17.78 per share, for a total transaction of $140,462.00.
  • On Tuesday, October 17th, Sun Coal & Coke Llc bought 8,800 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $17.77 per share, for a total transaction of $156,376.00.
  • On Monday, October 16th, Sun Coal & Coke Llc bought 27,605 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $17.61 per share, for a total transaction of $486,124.05.
  • On Tuesday, October 10th, Sun Coal & Coke Llc bought 7,830 shares of SunCoke Energy Partners, L.P. stock. The shares were bought at an average price of $17.48 per share, for a total transaction of $136,868.40.
  • On Wednesday, October 11th, Sun Coal & Coke Llc acquired 16,525 shares of SunCoke Energy Partners, L.P. stock. The stock was acquired at an average price of $17.54 per share, for a total transaction of $289,848.50.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last issued its quarterly earnings results on Thursday, October 26th. The energy company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.22. The firm had revenue of $214.00 million for the quarter, compared to the consensus estimate of $212.95 million. SunCoke Energy Partners, L.P. had a negative net margin of 9.04% and a positive return on equity of 15.35%. The company’s revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.42 EPS.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be given a $0.594 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 13.20%. SunCoke Energy Partners, L.P.’s dividend payout ratio (DPR) is currently -129.35%.

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Several brokerages recently weighed in on SXCP. ValuEngine upgraded shares of SunCoke Energy Partners, L.P. from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of SunCoke Energy Partners, L.P. from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Finally, BidaskClub upgraded shares of SunCoke Energy Partners, L.P. from a “hold” rating to a “buy” rating in a report on Thursday, October 12th.

Hedge funds and other institutional investors have recently modified their holdings of the company. Eaton Vance Management acquired a new position in shares of SunCoke Energy Partners, L.P. in the 2nd quarter worth approximately $2,982,000. Alpha Cubed Investments LLC bought a new stake in shares of SunCoke Energy Partners, L.P. in the 2nd quarter valued at $292,000. Adams Asset Advisors LLC increased its stake in shares of SunCoke Energy Partners, L.P. by 36.0% in the 3rd quarter. Adams Asset Advisors LLC now owns 56,695 shares of the energy company’s stock valued at $975,000 after acquiring an additional 15,000 shares in the last quarter. Marshall Wace North America L.P. bought a new stake in shares of SunCoke Energy Partners, L.P. in the 2nd quarter valued at $910,000. Finally, California Public Employees Retirement System increased its stake 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 acquiring an additional 9,600 shares in the last quarter. Hedge funds and other institutional investors own 15.73% 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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