Invesco Ltd. Has $9.47 Million Position in SunCoke Energy, Inc. (NYSE:SXC)

Invesco Ltd. trimmed its stake in SunCoke Energy, Inc. (NYSE:SXC) by 44.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 885,266 shares of the energy company’s stock after selling 708,357 shares during the quarter. Invesco Ltd. owned about 1.05% of SunCoke Energy worth $9,472,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of SunCoke Energy by 835.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company’s stock valued at $38,000 after buying an additional 3,242 shares during the period. GAMMA Investing LLC grew its stake in SunCoke Energy by 71.3% in the fourth quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company’s stock valued at $44,000 after acquiring an additional 1,730 shares during the period. KBC Group NV increased its holdings in shares of SunCoke Energy by 61.1% during the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company’s stock valued at $65,000 after acquiring an additional 2,307 shares in the last quarter. Tocqueville Asset Management L.P. bought a new position in shares of SunCoke Energy in the 4th quarter worth $118,000. Finally, Navellier & Associates Inc. grew its position in SunCoke Energy by 11.3% in the 4th quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock valued at $121,000 after purchasing an additional 1,152 shares during the period. 90.45% of the stock is owned by institutional investors.

SunCoke Energy Stock Performance

SXC opened at $9.45 on Thursday. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The company has a market cap of $799.90 million, a price-to-earnings ratio of 8.44 and a beta of 0.90. The company’s fifty day moving average price is $9.11 and its two-hundred day moving average price is $10.08. 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 (NYSE:SXC) last posted its earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. On average, analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were given a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 5.08%. SunCoke Energy’s payout ratio is 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.