SunCoke Energy Partners LP (NYSE:SXCP) major shareholder Sun Coal & Coke Llc acquired 7,854 shares of SunCoke Energy Partners stock in a transaction on Friday, February 9th. The shares were bought at an average cost of $17.97 per share, for a total transaction of $141,136.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Monday, January 8th, Sun Coal & Coke Llc acquired 19,524 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.67 per share, for a total transaction of $344,989.08.
  • On Tuesday, January 2nd, Sun Coal & Coke Llc acquired 17,359 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.70 per share, for a total transaction of $307,254.30.
  • On Thursday, January 4th, Sun Coal & Coke Llc acquired 51,059 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.69 per share, for a total transaction of $903,233.71.
  • On Thursday, December 28th, Sun Coal & Coke Llc acquired 17,659 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.64 per share, for a total transaction of $311,504.76.
  • On Friday, December 29th, Sun Coal & Coke Llc acquired 34,659 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.60 per share, for a total transaction of $609,998.40.
  • On Wednesday, December 27th, Sun Coal & Coke Llc acquired 30,100 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.68 per share, for a total transaction of $532,168.00.
  • On Friday, December 22nd, Sun Coal & Coke Llc acquired 30,900 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.39 per share, for a total transaction of $537,351.00.
  • On Wednesday, December 20th, Sun Coal & Coke Llc acquired 15,200 shares of SunCoke Energy Partners stock. The shares were bought at an average cost of $17.06 per share, for a total transaction of $259,312.00.
  • On Friday, December 15th, Sun Coal & Coke Llc bought 19,300 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.11 per share, for a total transaction of $330,223.00.
  • On Monday, December 18th, Sun Coal & Coke Llc bought 56,355 shares of SunCoke Energy Partners stock. The stock was acquired at an average cost of $17.10 per share, for a total transaction of $963,670.50.

SunCoke Energy Partners LP (NYSE:SXCP) traded up $0.05 during trading hours on Tuesday, hitting $18.75. 318,224 shares of the stock were exchanged, compared to its average volume of 272,181. The stock has a market cap of $866.74, a P/E ratio of -34.09 and a beta of 1.37. The company has a quick ratio of 0.67, a current ratio of 1.38 and a debt-to-equity ratio of 1.50. SunCoke Energy Partners LP has a 12-month low of $13.50 and a 12-month high of $21.95.

SunCoke Energy Partners (NYSE:SXCP) last released its earnings results on Wednesday, January 31st. The energy company reported ($0.81) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.67 by ($1.48). The business had revenue of $235.40 million during the quarter, compared to analysts’ expectations of $251.15 million. SunCoke Energy Partners had a positive return on equity of 14.57% and a negative net margin of 2.28%. analysts expect that SunCoke Energy Partners LP will post 1.6 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be given a $0.594 dividend. This represents a $2.38 dividend on an annualized basis and a dividend yield of 12.67%. The ex-dividend date is Wednesday, February 14th. SunCoke Energy Partners’s dividend payout ratio is presently -432.73%.

SXCP has been the topic of a number of recent research reports. ValuEngine downgraded shares of SunCoke Energy Partners from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 20th. Zacks Investment Research raised shares of SunCoke Energy Partners from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Wednesday, November 8th. Finally, B. Riley reaffirmed a “buy” rating on shares of SunCoke Energy Partners in a research report on Wednesday, November 1st.

Several large investors have recently added to or reduced their stakes in SXCP. Virtu KCG Holdings LLC purchased a new stake in shares of SunCoke Energy Partners in the 2nd quarter worth about $180,000. Adams Asset Advisors LLC grew its position in shares of SunCoke Energy Partners by 36.0% in the 3rd quarter. Adams Asset Advisors LLC now owns 56,695 shares of the energy company’s stock worth $975,000 after buying an additional 15,000 shares during the period. Russell Investments Group Ltd. purchased a new stake in shares of SunCoke Energy Partners in the 3rd quarter worth about $263,000. Jane Street Group LLC bought a new position in SunCoke Energy Partners in the 3rd quarter worth about $280,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in SunCoke Energy Partners by 10.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 120,530 shares of the energy company’s stock worth $2,103,000 after purchasing an additional 11,300 shares in the last quarter. 13.26% of the stock is currently owned by hedge funds and other institutional investors.

WARNING: “SunCoke Energy Partners LP (SXCP) Major Shareholder Sun Coal & Coke Llc Purchases 7,854 Shares” was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://theolympiareport.com/2018/02/13/suncoke-energy-partners-lp-sxcp-major-shareholder-sun-coal-coke-llc-purchases-7854-shares.html.

About SunCoke Energy Partners

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.