SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Sun Coal & Coke Llc Purchases 32,800 Shares

SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc bought 32,800 shares of the firm’s stock in a transaction on Thursday, June 15th. The shares were purchased at an average price of $17.01 per share, for a total transaction of $557,928.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, June 13th, Sun Coal & Coke Llc purchased 32,096 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.55 per share, with a total value of $563,284.80.
  • On Wednesday, June 14th, Sun Coal & Coke Llc purchased 66,196 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.50 per share, with a total value of $1,158,430.00.
  • On Monday, June 12th, Sun Coal & Coke Llc purchased 56,988 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.49 per share, with a total value of $996,720.12.
  • On Thursday, June 8th, Sun Coal & Coke Llc purchased 39,287 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.50 per share, with a total value of $687,522.50.
  • On Tuesday, June 6th, Sun Coal & Coke Llc purchased 45,100 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.24 per share, with a total value of $777,524.00.
  • On Wednesday, June 7th, Sun Coal & Coke Llc purchased 86,600 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.14 per share, with a total value of $1,484,324.00.
  • On Monday, June 5th, Sun Coal & Coke Llc purchased 89,231 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.16 per share, with a total value of $1,531,203.96.
  • On Thursday, June 1st, Sun Coal & Coke Llc purchased 91,800 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $16.75 per share, with a total value of $1,537,650.00.
  • On Tuesday, May 30th, Sun Coal & Coke Llc purchased 89,800 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.05 per share, with a total value of $1,531,090.00.
  • On Thursday, May 25th, Sun Coal & Coke Llc purchased 45,900 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average cost of $17.14 per share, with a total value of $786,726.00.

SunCoke Energy Partners, L.P. (NYSE:SXCP) traded up 0.59% during trading on Friday, reaching $17.10. The company had a trading volume of 163,795 shares. The company has a 50-day moving average price of $16.83 and a 200 day moving average price of $17.48. The stock’s market cap is $790.36 million. SunCoke Energy Partners, L.P. has a 52-week low of $10.31 and a 52-week high of $21.95.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last issued its earnings results on Thursday, April 20th. The energy company reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.19. The business had revenue of $195.60 million during the quarter, compared to analysts’ expectations of $232.25 million. SunCoke Energy Partners, L.P. had a positive return on equity of 13.94% and a negative net margin of 6.40%. SunCoke Energy Partners, L.P.’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 earnings per share. On average, analysts anticipate that SunCoke Energy Partners, L.P. will post ($0.40) earnings per share for the current year.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 1st. Stockholders of record on Monday, May 15th were given a $0.594 dividend. The ex-dividend date of this dividend was Thursday, May 11th. This represents a $2.38 annualized dividend and a dividend yield of 13.98%. SunCoke Energy Partners, L.P.’s dividend payout ratio (DPR) is presently -177.61%.

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Several equities analysts recently commented on SXCP shares. Zacks Investment Research lowered SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Friday, May 5th. ValuEngine upgraded SunCoke Energy Partners, L.P. from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 31st.

Several hedge funds have recently modified their holdings of SXCP. Bank of America Corp DE boosted its stake 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 stake 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 stake 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. Morgan Stanley boosted its stake 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. Finally, UBS Group AG boosted its stake in shares of SunCoke Energy Partners, L.P. by 93.4% in the first 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. 28.14% of the stock is owned by institutional investors and hedge funds.

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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