ValuEngine upgraded shares of SunCoke Energy Partners (NYSE:SXCP) from a sell rating to a hold rating in a research note released on Friday.

A number of other brokerages have also issued reports on SXCP. TheStreet upgraded SunCoke Energy Partners from a c rating to a b- rating in a report on Friday, July 13th. B. Riley lowered their price target on SunCoke Energy Partners from $24.00 to $21.00 and set a buy rating for the company in a report on Monday, April 30th. Finally, JPMorgan Chase & Co. lowered their price target on SunCoke Energy Partners from $21.00 to $20.00 and set a neutral rating for the company in a report on Friday, July 27th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $21.25.

Shares of SunCoke Energy Partners traded down $0.20, reaching $17.45, during trading hours on Friday, according to MarketBeat.com. The stock had a trading volume of 109,781 shares, compared to its average volume of 125,696. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.79 and a current ratio of 1.63. The firm has a market capitalization of $799.73 million, a price-to-earnings ratio of 10.58 and a beta of 1.41. SunCoke Energy Partners has a 52-week low of $14.70 and a 52-week high of $21.95.

SunCoke Energy Partners (NYSE:SXCP) last announced its quarterly earnings results on Thursday, July 26th. The energy company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.08. The firm had revenue of $228.60 million during the quarter, compared to analyst estimates of $208.03 million. SunCoke Energy Partners had a return on equity of 14.77% and a net margin of 17.37%. analysts forecast that SunCoke Energy Partners will post 1.59 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 4th. Shareholders of record on Wednesday, August 15th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, August 14th. This represents a $1.60 dividend on an annualized basis and a yield of 9.17%. SunCoke Energy Partners’s dividend payout ratio is currently 96.97%.

Institutional investors have recently bought and sold shares of the business. NEXT Financial Group Inc purchased a new stake in SunCoke Energy Partners during the first quarter worth $182,000. OMERS ADMINISTRATION Corp lifted its holdings in SunCoke Energy Partners by 25.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 49,500 shares of the energy company’s stock worth $881,000 after buying an additional 9,900 shares during the period. Geode Capital Management LLC purchased a new stake in SunCoke Energy Partners during the fourth quarter worth $994,000. GSA Capital Partners LLP purchased a new stake in SunCoke Energy Partners during the second quarter worth $961,000. Finally, First Republic Investment Management Inc. purchased a new stake in SunCoke Energy Partners during the first quarter worth $1,465,000. Institutional investors own 8.73% of the company’s stock.

About SunCoke Energy Partners

SunCoke Energy Partners, L.P., a master limited partnership, produces and sells coke used in the blast furnace production of steel in the United States. It operates through two segments, Domestic Coke and Logistics. The company also provides metallurgical and thermal coal mixing and handling terminal services, as well as operates Convent Marine Terminal, an export terminal in the United States Gulf Coast located in Convent, Louisiana.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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