SunCoke Energy, Inc. (NYSE:SXC) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC) by 5.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 485,668 shares of the energy company’s stock after purchasing an additional 23,633 shares during the period. Empowered Funds LLC owned approximately 0.58% of SunCoke Energy worth $5,197,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. GSA Capital Partners LLP grew its holdings in shares of SunCoke Energy by 112.5% during the third quarter. GSA Capital Partners LLP now owns 176,855 shares of the energy company’s stock worth $1,535,000 after buying an additional 93,644 shares during the last quarter. Barclays PLC lifted its position in SunCoke Energy by 257.0% during the 3rd quarter. Barclays PLC now owns 202,890 shares of the energy company’s stock worth $1,763,000 after acquiring an additional 146,065 shares during the period. Jane Street Group LLC grew its stake in shares of SunCoke Energy by 450.3% in the 3rd quarter. Jane Street Group LLC now owns 665,054 shares of the energy company’s stock valued at $5,773,000 after purchasing an additional 544,194 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of SunCoke Energy by 28.9% in the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock valued at $7,396,000 after purchasing an additional 191,235 shares during the period. Finally, Dynamic Technology Lab Private Ltd raised its stake in shares of SunCoke Energy by 182.4% during the third quarter. Dynamic Technology Lab Private Ltd now owns 127,344 shares of the energy company’s stock worth $1,105,000 after purchasing an additional 82,244 shares during the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Performance

Shares of SXC stock opened at $9.82 on Wednesday. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The stock has a 50 day simple moving average of $10.62 and a 200-day simple moving average of $9.95. The company has a market cap of $825.34 million, a price-to-earnings ratio of 8.76 and a beta of 1.06. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month high of $12.82.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. On average, equities analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.89%. The ex-dividend date is Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is 42.86%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. StockNews.com raised shares of SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th. Benchmark reaffirmed a “buy” rating and issued a $13.00 target price on shares of SunCoke Energy in a report on Tuesday, November 5th.

About SunCoke Energy

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.