Insider Buying: SunCoke Energy Partners, L.P. (SXCP) Major Shareholder Acquires 27,605 Shares of Stock

SunCoke Energy Partners, L.P. (NYSE:SXCP) major shareholder Sun Coal & Coke Llc purchased 27,605 shares of SunCoke Energy Partners, L.P. stock in a transaction dated Monday, October 16th. The stock was bought at an average price of $17.61 per share, with a total value of $486,124.05. The acquisition was disclosed in a document filed 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 Wednesday, October 25th, Sun Coal & Coke Llc purchased 18,284 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average price of $17.82 per share, with a total value of $325,820.88.
  • On Monday, October 23rd, Sun Coal & Coke Llc purchased 9,817 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average price of $17.71 per share, with a total value of $173,859.07.
  • On Friday, October 20th, Sun Coal & Coke Llc purchased 7,900 shares of SunCoke Energy Partners, L.P. stock. The stock was bought at an average price of $17.81 per share, with a total value of $140,699.00.
  • On Wednesday, October 18th, Sun Coal & Coke Llc acquired 7,900 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.78 per share, with a total value of $140,462.00.
  • On Tuesday, October 17th, Sun Coal & Coke Llc acquired 8,800 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.77 per share, with a total value of $156,376.00.
  • On Tuesday, October 10th, Sun Coal & Coke Llc acquired 7,830 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.48 per share, with a total value of $136,868.40.
  • On Wednesday, October 11th, Sun Coal & Coke Llc acquired 16,525 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.54 per share, with a total value of $289,848.50.
  • On Monday, October 9th, Sun Coal & Coke Llc acquired 30,156 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.31 per share, with a total value of $522,000.36.
  • On Wednesday, October 4th, Sun Coal & Coke Llc acquired 10,076 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.16 per share, with a total value of $172,904.16.
  • On Tuesday, October 3rd, Sun Coal & Coke Llc acquired 9,365 shares of SunCoke Energy Partners, L.P. stock. The shares were acquired at an average cost of $17.25 per share, with a total value of $161,546.25.

Shares of SunCoke Energy Partners, L.P. (NYSE:SXCP) opened at 18.00 on Friday. The firm’s 50-day moving average price is $17.22 and its 200 day moving average price is $17.19. SunCoke Energy Partners, L.P. has a 52 week low of $13.50 and a 52 week high of $21.95. The company’s market cap is $832.01 million.

SunCoke Energy Partners, L.P. (NYSE:SXCP) last released its quarterly earnings data on Thursday, October 26th. The energy company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.23 by $0.22. SunCoke Energy Partners, L.P. had a negative net margin of 9.04% and a positive return on equity of 14.81%. The business had revenue of $214.00 million during the quarter, compared to the consensus estimate of $212.95 million. During the same quarter in the prior year, the firm earned $0.42 EPS. The business’s revenue was up 15.4% on a year-over-year basis. On average, equities research analysts forecast that SunCoke Energy Partners, L.P. will post ($1.91) EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.594 per share. This represents a $2.38 annualized dividend and a dividend yield of 13.20%. The ex-dividend date is Tuesday, November 14th. SunCoke Energy Partners, L.P.’s dividend payout ratio (DPR) is presently -129.35%.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Alps Advisors Inc. boosted its holdings in shares of SunCoke Energy Partners, L.P. by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 31,400 shares of the energy company’s stock valued at $551,000 after purchasing an additional 81 shares during the last quarter. Arrow Investment Advisors LLC boosted its holdings in shares of SunCoke Energy Partners, L.P. by 0.3% during the 2nd quarter. Arrow Investment Advisors LLC now owns 46,751 shares of the energy company’s stock valued at $820,000 after purchasing an additional 161 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of SunCoke Energy Partners, L.P. by 0.9% during the 1st quarter. Bank of America Corp DE now owns 22,614 shares of the energy company’s stock valued at $347,000 after purchasing an additional 200 shares during the last quarter. Global X Management Co. LLC boosted its holdings in shares of SunCoke Energy Partners, L.P. by 6.7% during the 1st quarter. Global X Management Co. LLC now owns 6,486 shares of the energy company’s stock valued at $100,000 after purchasing an additional 409 shares during the last quarter. Finally, Sheaff Brock Investment Advisors LLC boosted its holdings in shares of SunCoke Energy Partners, L.P. by 7.8% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 11,100 shares of the energy company’s stock valued at $195,000 after purchasing an additional 800 shares during the last quarter. 15.70% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently issued reports on SXCP shares. ValuEngine lowered 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 SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, BidaskClub lowered SunCoke Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th.

About SunCoke Energy Partners, L.P.

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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