SunCoke Energy, Inc. (NYSE:SXC) Stake Trimmed by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its position in shares of SunCoke Energy, Inc. (NYSE:SXC) by 10.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 767,098 shares of the energy company’s stock after selling 84,953 shares during the quarter. JPMorgan Chase & Co. owned 0.91% of SunCoke Energy worth $8,208,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of SunCoke Energy by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 6,993,020 shares of the energy company’s stock valued at $74,825,000 after acquiring an additional 19,644 shares in the last quarter. State Street Corp raised its stake in SunCoke Energy by 3.5% during the 3rd quarter. State Street Corp now owns 4,848,334 shares of the energy company’s stock valued at $42,084,000 after purchasing an additional 163,839 shares during the period. American Century Companies Inc. lifted its holdings in shares of SunCoke Energy by 11.0% in the fourth quarter. American Century Companies Inc. now owns 3,082,691 shares of the energy company’s stock valued at $32,985,000 after purchasing an additional 306,356 shares in the last quarter. Pacer Advisors Inc. acquired a new stake in shares of SunCoke Energy in the fourth quarter worth $27,164,000. Finally, Geode Capital Management LLC grew its holdings in shares of SunCoke Energy by 2.1% during the third quarter. Geode Capital Management LLC now owns 1,984,605 shares of the energy company’s stock valued at $17,230,000 after buying an additional 40,801 shares in the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Up 0.8 %

NYSE:SXC opened at $9.06 on Wednesday. The business’s fifty day moving average price is $9.17 and its 200 day moving average price is $10.06. The firm has a market capitalization of $767.06 million, a price-to-earnings ratio of 8.09 and a beta of 0.90. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82.

SunCoke Energy (NYSE:SXC) last issued its earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates 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, sell-side analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend was Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is currently 42.86%.

SunCoke Energy Profile

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.