SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc bought 23,127 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was acquired at an average cost of $17.97 per share, for a total transaction of $415,592.19. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Wednesday, November 1st, Sun Coal & Coke Llc bought 19,876 shares of SunCoke Energy Partners, L.P. stock. The stock was acquired at an average cost of $17.98 per share, for a total transaction of $357,370.48.
  • On Friday, October 27th, Sun Coal & Coke Llc bought 6,060 shares of SunCoke Energy Partners, L.P. stock. The stock was acquired at an average cost of $18.00 per share, for a total transaction of $109,080.00.
  • On Wednesday, October 25th, Sun Coal & Coke Llc bought 18,284 shares of SunCoke Energy Partners, L.P. stock. The stock was acquired at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost of $17.48 per share, for a total transaction of $136,868.40.
  • On Wednesday, October 11th, Sun Coal & Coke Llc bought 16,525 shares of SunCoke Energy Partners, L.P. stock. The stock was acquired at an average cost of $17.54 per share, for a total transaction of $289,848.50.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last released its quarterly earnings results on Thursday, October 26th. The energy company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.23 by $0.22. The business had revenue of $214.00 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.42 earnings per share.

The firm 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 annualized dividend and a dividend yield of 13.20%. SunCoke Energy Partners, L.P.’s dividend payout ratio is presently -129.35%.

WARNING: “SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Acquires $415,592.19 in Stock” was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this article on another publication, it was illegally stolen and republished in violation of US and international copyright and trademark laws. The original version of this article can be viewed at https://theolympiareport.com/2017/11/02/suncoke-energy-partners-l-p-sxcp-major-shareholder-acquires-415592-19-in-stock.html.

A number of research analysts have weighed in on SXCP shares. ValuEngine lowered shares of SunCoke Energy Partners, L.P. from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 17th. Zacks Investment Research lowered shares of SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, BidaskClub lowered shares of SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th.

Hedge funds have recently added to or reduced their stakes in the company. UBS Group AG lifted its stake in shares of SunCoke Energy Partners, L.P. by 93.4% during 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. Virtu KCG Holdings LLC purchased a new position in shares of SunCoke Energy Partners, L.P. during the second quarter valued at approximately $180,000. Sheaff Brock Investment Advisors LLC lifted its stake in shares of SunCoke Energy Partners, L.P. by 7.8% during the second quarter. Sheaff Brock Investment Advisors LLC now owns 11,100 shares of the energy company’s stock valued at $195,000 after buying an additional 800 shares during the period. Sei Investments Co. purchased a new position in shares of SunCoke Energy Partners, L.P. during the second quarter valued at approximately $206,000. Finally, Creative Planning lifted its stake in shares of SunCoke Energy Partners, L.P. by 15.5% during the second 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. Institutional investors and hedge funds 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)

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