Insider Buying: SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Buys 19,300 Shares of Stock

SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc purchased 19,300 shares of SunCoke Energy Partners stock in a transaction that occurred on Friday, December 15th. The stock was acquired at an average cost of $17.11 per share, with a total value of $330,223.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major 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 Monday, December 18th, Sun Coal & Coke Llc purchased 56,355 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.10 per share, with a total value of $963,670.50.
  • On Wednesday, December 13th, Sun Coal & Coke Llc acquired 39,869 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.10 per share, with a total value of $681,759.90.
  • On Monday, December 11th, Sun Coal & Coke Llc acquired 17,209 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.09 per share, with a total value of $294,101.81.
  • On Thursday, December 7th, Sun Coal & Coke Llc acquired 42,267 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.00 per share, with a total value of $718,539.00.
  • On Tuesday, December 5th, Sun Coal & Coke Llc acquired 61,408 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.15 per share, with a total value of $1,053,147.20.
  • On Thursday, November 30th, Sun Coal & Coke Llc acquired 57,168 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.22 per share, with a total value of $984,432.96.
  • On Friday, November 24th, Sun Coal & Coke Llc acquired 19,500 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.24 per share, with a total value of $336,180.00.
  • On Wednesday, November 22nd, Sun Coal & Coke Llc acquired 18,010 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $16.98 per share, with a total value of $305,809.80.
  • On Monday, November 27th, Sun Coal & Coke Llc acquired 57,751 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $17.16 per share, with a total value of $991,007.16.
  • On Friday, November 17th, Sun Coal & Coke Llc acquired 15,500 shares of SunCoke Energy Partners stock. The shares were purchased at an average price of $16.97 per share, with a total value of $263,035.00.

SunCoke Energy Partners, L.P. (NYSE SXCP) remained flat at $$17.05 on Monday. 128,138 shares of the company were exchanged, compared to its average volume of 236,563. SunCoke Energy Partners, L.P. has a fifty-two week low of $13.50 and a fifty-two week high of $20.70. The stock has a market capitalization of $788.14, a price-to-earnings ratio of 9.42 and a beta of 1.29. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.38 and a quick ratio of 0.67.

SunCoke Energy Partners (NYSE:SXCP) last released its quarterly earnings data on Thursday, October 26th. The energy company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.22. SunCoke Energy Partners had a positive return on equity of 15.35% and a negative net margin of 9.04%. The firm had revenue of $214.00 million for the quarter, compared to analysts’ expectations of $212.95 million. During the same period in the prior year, the firm posted $0.42 earnings per share. The firm’s quarterly revenue was up 15.4% on a year-over-year basis. equities research analysts expect that SunCoke Energy Partners, L.P. will post -1.94 EPS for the current year.

The company also recently declared 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 13.94%. The ex-dividend date of this dividend was Tuesday, November 14th. SunCoke Energy Partners’s dividend payout ratio (DPR) is -129.35%.

SXCP has been the subject of a number of analyst reports. ValuEngine upgraded SunCoke Energy Partners from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. B. Riley restated a “buy” rating on shares of SunCoke Energy Partners in a research report on Wednesday, November 1st. BidaskClub upgraded SunCoke Energy Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, Zacks Investment Research upgraded SunCoke Energy Partners from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Wednesday, November 8th.

Large investors have recently added to or reduced their stakes in the business. Eaton Vance Management acquired a new position in SunCoke Energy Partners during the second quarter worth $2,982,000. Adams Asset Advisors LLC raised its stake in shares of SunCoke Energy Partners by 36.0% in the third 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. acquired a new stake in shares of SunCoke Energy Partners in the second quarter valued at $910,000. Bank of America Corp DE raised its stake in shares of SunCoke Energy Partners 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 acquiring an additional 200 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of SunCoke Energy Partners 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 acquiring an additional 4,903 shares in the last quarter. Institutional investors own 13.30% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Insider Buying: SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Buys 19,300 Shares of Stock” was originally published by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://sportsperspectives.com/2017/12/18/insider-buying-suncoke-energy-partners-l-p-sxcp-major-shareholder-buys-19300-shares-of-stock.html.

SunCoke Energy Partners 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 (NYSE:SXCP)

Receive News & Ratings for SunCoke Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunCoke Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply