The stock of SunCoke Energy Partners LP (NYSE:SXCP) is a huge mover today! About 241,599 shares traded hands. SunCoke Energy Partners LP (NYSE:SXCP) has risen 82.98% since April 20, 2016 and is uptrending. It has outperformed by 78.43% the S&P500.
The move comes after 7 months positive chart setup for the $973.03 million company. It was reported on Nov, 22 by Barchart.com. We have $22.84 PT which if reached, will make NYSE:SXCP worth $87.57 million more.
SunCoke Energy Partners LP (NYSE:SXCP) Ratings Coverage
Out of 4 analysts covering SunCoke Energy Partners (NYSE:SXCP), 2 rate it a “Buy”, 2 “Sell”, while 0 “Hold”. This means 50% are positive. SunCoke Energy Partners has been the topic of 6 analyst reports since July 22, 2015 according to StockzIntelligence Inc. FBR Capital initiated it with “Outperform” rating and $22 target price in Friday, September 18 report. The stock of SunCoke Energy Partners LP (NYSE:SXCP) has “Outperform” rating given on Friday, October 21 by FBR Capital. The firm earned “Underperform” rating on Wednesday, December 9 by Bank of America. Barclays Capital downgraded the stock to “Underweight” rating in Monday, January 11 report.
According to Zacks Investment Research, “SunCoke Energy Partners L.P. manufactures metallurgical coke used in the blast furnace production of steel. SunCoke Energy Partners, L.P. is based in Lisle, Illinois.”
Insitutional Activity: The institutional sentiment decreased to 0.54 in Q2 2016. Its down 0.32, from 0.86 in 2016Q1. The ratio fall, as 9 funds sold all SunCoke Energy Partners LP shares owned while 13 reduced positions. 9 funds bought stakes while 10 increased positions. They now own 6.26 million shares or 12.52% less from 7.15 million shares in 2016Q1.
Morgan Stanley accumulated 0.01% or 3.27M shares. The Florida-based Camarda Fincl Advisors Limited Liability has invested 0% in SunCoke Energy Partners LP (NYSE:SXCP). Manufacturers Life Insur Com The holds 721 shares or 0% of its portfolio. Andalusian Capital Prtn L P, a Connecticut-based fund reported 102,953 shares. California Public Employees Retirement Systems reported 32,500 shares or 0% of all its holdings. Wells Fargo And Mn holds 0% or 11,289 shares in its portfolio. Retail Bank Of America Corp De accumulated 0% or 25,296 shares. Renaissance Technology Limited Liability Company holds 0% of its portfolio in SunCoke Energy Partners LP (NYSE:SXCP) for 23,955 shares. Bnp Paribas Arbitrage reported 61 shares or 0% of all its holdings. Deutsche Commercial Bank Ag last reported 0% of its portfolio in the stock. Citadel Advsrs Limited Liability Corporation owns 19,264 shares or 0% of their US portfolio. Nantahala Management Ltd Liability Corp last reported 97,375 shares in the company. Tocqueville Asset Management L P last reported 0.03% of its portfolio in the stock. Citigroup has invested 0% of its portfolio in SunCoke Energy Partners LP (NYSE:SXCP). Jpmorgan Chase & holds 22,767 shares or 0% of its portfolio.
More recent SunCoke Energy Partners LP (NYSE:SXCP) news were published by: Fool.com which released: “Why Teck Resources Limited, CNX Coal Resources LP, and SunCoke Energy Partners …” on November 09, 2016. Also Forbes.com published the news titled: “Ex-Dividend Reminder: SunCoke Energy Partners, Terra Nitrogen and …” on November 08, 2016. Businesswire.com‘s news article titled: “Robbins Arroyo LLP: Acquisition of SunCoke Energy Partners, L.P. (SXCP) by …” with publication date: November 01, 2016 was also an interesting one.
SXCP Company Profile
SunCoke Energy Partners, L.P., incorporated on July 30, 2012, is engaged primarily in producing coke used in the blast furnace production of steel. The Firm also provides coal handling and/or mixing services at its Coal Logistics terminals. The Company’s divisions include Domestic Coke, Coal Logistics, and Corporate and Other. The Company’s cokemaking ovens utilize heat recovery technology designed to combust the coal’s volatile components liberated during the cokemaking process and use the resulting heat to create steam or electricity for sale.
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