SunCoke Energy, Inc. (NYSE:SXC) Holdings Cut by LPL Financial LLC

LPL Financial LLC lowered its stake in shares of SunCoke Energy, Inc. (NYSE:SXC) by 26.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,005 shares of the energy company’s stock after selling 4,746 shares during the period. LPL Financial LLC’s holdings in SunCoke Energy were worth $139,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. American Century Companies Inc. grew its stake in 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. bought a new stake in shares of SunCoke Energy in the 4th quarter valued at approximately $27,164,000. Bank of New York Mellon Corp increased its holdings in SunCoke Energy by 4.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,030,196 shares of the energy company’s stock worth $11,023,000 after buying an additional 44,009 shares during the last quarter. JPMorgan Chase & Co. raised its position in SunCoke Energy by 28.9% during the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock valued at $7,396,000 after acquiring an additional 191,235 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in SunCoke Energy by 5.1% in the fourth quarter. Empowered Funds LLC now owns 485,668 shares of the energy company’s stock valued at $5,197,000 after acquiring an additional 23,633 shares during the last quarter. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Stock Performance

Shares of SXC opened at $9.06 on Thursday. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82. The company’s fifty day moving average is $9.12 and its 200-day moving average is $10.12. The firm has a market cap of $766.89 million, a price-to-earnings ratio of 8.09 and a beta of 0.90.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings results on Wednesday, April 30th. The energy company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. The company had revenue of $436.00 million during the quarter, compared to analysts’ expectations of $371.60 million. During the same quarter in the previous year, the firm earned $0.23 earnings per share. The business’s quarterly revenue was down 10.7% compared to the same quarter last year. Equities analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Company 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.