SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Sun Coal & Coke Llc Purchases 21,273 Shares

SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc purchased 21,273 shares of the business’s stock in a transaction on Monday, September 11th. The stock was purchased at an average price of $16.77 per share, for a total transaction of $356,748.21. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own 10% or more 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 Thursday, September 7th, Sun Coal & Coke Llc purchased 30,000 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $17.18 per share, for a total transaction of $515,400.00.
  • On Tuesday, September 5th, Sun Coal & Coke Llc purchased 28,300 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $17.43 per share, for a total transaction of $493,269.00.
  • On Thursday, August 31st, Sun Coal & Coke Llc purchased 15,000 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $17.53 per share, for a total transaction of $262,950.00.
  • On Wednesday, August 30th, Sun Coal & Coke Llc purchased 12,825 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $17.43 per share, for a total transaction of $223,539.75.
  • On Tuesday, August 29th, Sun Coal & Coke Llc purchased 17,700 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $17.59 per share, for a total transaction of $311,343.00.
  • On Monday, August 28th, Sun Coal & Coke Llc purchased 44,996 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $17.24 per share, for a total transaction of $775,731.04.
  • On Tuesday, August 22nd, Sun Coal & Coke Llc purchased 22,600 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $16.95 per share, for a total transaction of $383,070.00.
  • On Wednesday, August 23rd, Sun Coal & Coke Llc purchased 40,254 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $16.97 per share, for a total transaction of $683,110.38.
  • On Monday, August 21st, Sun Coal & Coke Llc purchased 35,231 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $16.81 per share, for a total transaction of $592,233.11.
  • On Thursday, August 17th, Sun Coal & Coke Llc purchased 35,838 shares of SunCoke Energy Partners, L.P. stock. The stock was purchased at an average price of $16.70 per share, for a total transaction of $598,494.60.

Shares of SunCoke Energy Partners, L.P. (SXCP) opened at 16.60 on Tuesday. The stock has a 50 day moving average price of $17.53 and a 200 day moving average price of $16.85. The stock’s market capitalization is $767.30 million. SunCoke Energy Partners, L.P. has a 52 week low of $13.50 and a 52 week high of $21.95.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last posted its quarterly earnings data 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. SunCoke Energy Partners, L.P. had a negative net margin of 9.52% and a positive return on equity of 14.02%. The firm had revenue of $200.60 million for the quarter, compared to the consensus estimate of $212.25 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The business’s revenue was up 10.6% compared to the same quarter last year. On average, equities research 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 was paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th were given a $0.594 dividend. The ex-dividend date of this dividend was Friday, August 11th. This represents a $2.38 dividend on an annualized basis and a dividend yield of 14.31%. SunCoke Energy Partners, L.P.’s dividend payout ratio is currently -127.27%.

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Several institutional investors and hedge funds have recently modified their holdings of the company. Virtu KCG Holdings LLC bought a new stake in shares of SunCoke Energy Partners, L.P. in the 2nd quarter worth approximately $180,000. Advisor Group Inc. boosted its position in shares of SunCoke Energy Partners, L.P. by 8.0% in the 2nd quarter. Advisor Group Inc. now owns 34,946 shares of the energy company’s stock worth $613,000 after purchasing an additional 2,595 shares in the last quarter. Citigroup Inc. boosted its position in shares of SunCoke Energy Partners, L.P. by 29.6% in the 2nd quarter. Citigroup Inc. now owns 30,398 shares of the energy company’s stock worth $534,000 after purchasing an additional 6,938 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of SunCoke Energy Partners, L.P. by 11.6% in the 2nd quarter. GSA Capital Partners LLP now owns 116,938 shares of the energy company’s stock worth $2,052,000 after purchasing an additional 12,138 shares in the last quarter. Finally, Arrow Investment Advisors LLC boosted its position in shares of SunCoke Energy Partners, L.P. by 0.3% in the 2nd quarter. Arrow Investment Advisors LLC now owns 46,751 shares of the energy company’s stock worth $820,000 after purchasing an additional 161 shares in the last quarter. 15.71% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have issued reports on SXCP. Zacks Investment Research lowered SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. ValuEngine lowered SunCoke Energy Partners, L.P. from a “strong-buy” rating to a “buy” rating in a report on Monday, July 17th. Finally, BidaskClub lowered SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a report on Tuesday.

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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