Cetera Investment Advisers Sells 2,558 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Cetera Investment Advisers lowered its position in SunCoke Energy, Inc. (NYSE:SXC) by 13.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,839 shares of the energy company’s stock after selling 2,558 shares during the period. Cetera Investment Advisers’ holdings in SunCoke Energy were worth $169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bridgeway Capital Management LLC lifted its holdings in shares of SunCoke Energy by 1.6% in the fourth quarter. Bridgeway Capital Management LLC now owns 1,513,768 shares of the energy company’s stock valued at $16,197,000 after purchasing an additional 23,633 shares in the last quarter. Brevan Howard Capital Management LP lifted its holdings in shares of SunCoke Energy by 208.3% in the fourth quarter. Brevan Howard Capital Management LP now owns 57,633 shares of the energy company’s stock valued at $617,000 after purchasing an additional 38,942 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of SunCoke Energy by 14.6% in the fourth quarter. BNP Paribas Financial Markets now owns 147,907 shares of the energy company’s stock valued at $1,583,000 after purchasing an additional 18,853 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of SunCoke Energy by 1.3% in the fourth quarter. Ameriprise Financial Inc. now owns 577,737 shares of the energy company’s stock valued at $6,182,000 after purchasing an additional 7,505 shares in the last quarter. Finally, Algert Global LLC lifted its holdings in shares of SunCoke Energy by 642.1% in the fourth quarter. Algert Global LLC now owns 231,454 shares of the energy company’s stock valued at $2,477,000 after purchasing an additional 200,264 shares in the last quarter. Institutional investors own 90.45% of the company’s stock.

SunCoke Energy Stock Down 1.6%

SXC stock opened at $8.13 on Monday. SunCoke Energy, Inc. has a twelve month low of $7.47 and a twelve 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 stock’s 50 day moving average is $8.92 and its 200-day moving average is $9.91. The firm has a market capitalization of $688.21 million, a PE ratio of 7.26 and a beta of 1.18.

SunCoke Energy (NYSE:SXC) last posted its earnings results on Wednesday, April 30th. The energy company reported $0.20 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $371.60 million. During the same quarter last year, the company earned $0.23 earnings per share. The company’s revenue for the quarter was down 10.7% on a year-over-year basis. Sell-side analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, May 16th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date is Friday, May 16th. 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.