SunCoke Energy Partners LP (SXCP) : Andalusian Capital Partners Lp reduced its stake in SunCoke Energy Partners LP by 47.46% during the most recent quarter end. The investment management company now holds a total of 102,953 shares of SunCoke Energy Partners LP which is valued at $1,420,751 after selling 93,015 shares in SunCoke Energy Partners LP , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.SunCoke Energy Partners LP makes up approximately 4.07% of Andalusian Capital Partners Lp’s portfolio.
Other Hedge Funds, Including , Citadel Advisors added SXCP to its portfolio by purchasing 19,264 company shares during the most recent quarter which is valued at $265,843. Peak6 Investments sold out all of its stake in SXCP during the most recent quarter. The investment firm sold 2,667 shares of SXCP which is valued $36,805.Tower Research Capital (trc) boosted its stake in SXCP in the latest quarter, The investment management firm added 962 additional shares and now holds a total of 1,100 shares of SunCoke Energy Partners LP which is valued at $15,180.Duff Phelps Investment Management Co reduced its stake in SXCP by selling 105,000 shares or 68.88% in the most recent quarter. The Hedge Fund company now holds 47,450 shares of SXCP which is valued at $680,433. SunCoke Energy Partners LP makes up approx 0.01% of Duff Phelps Investment Management Co’s portfolio.Gilman Hill Asset Management boosted its stake in SXCP in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 24,951 shares of SunCoke Energy Partners LP which is valued at $363,037. SunCoke Energy Partners LP makes up approx 0.14% of Gilman Hill Asset Management’s portfolio.
SunCoke Energy Partners LP opened for trading at $12.4 and hit $13.3 on the upside on Monday, eventually ending the session at $13.16, with a gain of 5.62% or 0.7 points. The heightened volatility saw the trading volume jump to 4,54,057 shares. Company has a market cap of $608 M.
On the company’s financial health, SunCoke Energy Partners LP reported $0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.21 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.44. The company had revenue of $181.40 million for the quarter, compared to analysts expectations of $198.90 million. The company’s revenue was down -12.6 % compared to the same quarter last year.
SunCoke Energy Partners LP is engaged in manufacturing coke used in the blast furnace production of steel. The Company operates its business through two segments: Domestic Coke and Coal Logistics. The Company’s coke making ovens utilize heat recovery technology designed to combust the coal’s volatile components liberated during the coke making process and uses the resulting heat to create steam or electricity for sale. The Company is also engaged in coal handling and blending services through the Company’s interests in Lakeshore Coal Handling Corporation (Lake Terminal) located in East Chicago Indiana which provides coal handling and blending services to its Indiana Harbor coke making operations and Kanawha River Terminals. Kanawha River Terminals is a metallurgical and thermal coal blending and handling terminal service provider with collective capacity to blend and transload approximately 30 million tons of coal annually through its operations in West Virginia and Kentucky.