Assenagon Asset Management S.A. Has $156,000 Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Assenagon Asset Management S.A. cut its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 90.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 16,950 shares of the energy company’s stock after selling 154,372 shares during the quarter. Assenagon Asset Management S.A.’s holdings in SunCoke Energy were worth $156,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Navellier & Associates Inc. grew its position in shares of 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. Walleye Capital LLC grew its position in shares of SunCoke Energy by 8.4% in the 4th quarter. Walleye Capital LLC now owns 17,268 shares of the energy company’s stock valued at $185,000 after purchasing an additional 1,332 shares during the period. State of Wyoming grew its position in shares of SunCoke Energy by 5.0% in the 4th quarter. State of Wyoming now owns 30,608 shares of the energy company’s stock valued at $328,000 after purchasing an additional 1,452 shares during the period. Sanctuary Advisors LLC grew its position in shares of SunCoke Energy by 3.6% in the 4th quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company’s stock valued at $492,000 after purchasing an additional 1,592 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of SunCoke Energy by 3.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,680 shares of the energy company’s stock valued at $510,000 after purchasing an additional 1,664 shares during the period. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Price Performance

Shares of SXC opened at $8.00 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.39 and a current ratio of 2.40. The stock has a 50 day simple moving average of $8.73 and a 200 day simple moving average of $9.51. SunCoke Energy, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. The firm has a market capitalization of $677.37 million, a PE ratio of 7.34 and a beta of 1.11.

SunCoke Energy (NYSE:SXC) last released 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 13.40% and a net margin of 4.95%. The firm had revenue of $436.00 million during the quarter, compared to the consensus estimate of $371.60 million. During the same quarter in the prior year, the firm posted $0.23 EPS. The business’s revenue was down 10.7% on a year-over-year basis. Sell-side analysts predict that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Friday, May 16th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend was Friday, May 16th. SunCoke Energy’s payout ratio is presently 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.