Ameriprise Financial Inc. Has $6.18 Million Position in SunCoke Energy, Inc. (NYSE:SXC)

Ameriprise Financial Inc. increased its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 577,737 shares of the energy company’s stock after acquiring an additional 7,505 shares during the period. Ameriprise Financial Inc. owned about 0.69% of SunCoke Energy worth $6,182,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Ballentine Partners LLC boosted its position in SunCoke Energy by 19.5% in the fourth quarter. Ballentine Partners LLC now owns 19,041 shares of the energy company’s stock valued at $204,000 after buying an additional 3,102 shares in the last quarter. Veracity Capital LLC acquired a new position in SunCoke Energy in the fourth quarter valued at about $453,000. KBC Group NV boosted its position in SunCoke Energy by 61.1% in the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company’s stock valued at $65,000 after buying an additional 2,307 shares in the last quarter. Pacer Advisors Inc. acquired a new position in SunCoke Energy in the fourth quarter valued at about $27,164,000. Finally, EMC Capital Management boosted its position in SunCoke Energy by 430.0% in the fourth quarter. EMC Capital Management now owns 19,186 shares of the energy company’s stock valued at $205,000 after buying an additional 15,566 shares in the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Price Performance

NYSE:SXC opened at $8.40 on Friday. The firm has a market cap of $711.07 million, a PE ratio of 7.50 and a beta of 1.18. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. The company’s 50-day moving average price is $9.01 and its two-hundred day moving average price is $10.09.

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

SunCoke Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 16th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, May 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.71%. SunCoke Energy’s payout ratio is 44.04%.

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.