SunCoke Energy, Inc. (NYSE:SXC) Stock Holdings Raised by GAMMA Investing LLC

GAMMA Investing LLC grew its stake in SunCoke Energy, Inc. (NYSE:SXC) by 732.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,583 shares of the energy company’s stock after purchasing an additional 30,427 shares during the quarter. GAMMA Investing LLC’s holdings in SunCoke Energy were worth $318,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of SXC. Navellier & Associates Inc. boosted its holdings in SunCoke Energy by 11.3% in the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock worth $121,000 after purchasing an additional 1,152 shares during the period. Walleye Capital LLC lifted 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 worth $185,000 after buying an additional 1,332 shares during the last quarter. State of Wyoming boosted its holdings 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 buying an additional 1,452 shares during the period. Sanctuary Advisors LLC boosted its holdings 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 buying 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% during 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 buying an additional 1,664 shares during the last quarter. Institutional investors own 90.45% of the company’s stock.

SunCoke Energy Stock Performance

Shares of NYSE SXC opened at $8.00 on Friday. The company has a quick ratio of 1.39, a current ratio of 2.40 and a debt-to-equity ratio of 0.69. The firm’s 50-day moving average price is $8.73 and its two-hundred day moving average price is $9.51. SunCoke Energy, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. The stock has a market capitalization of $677.37 million, a P/E ratio of 7.34 and a beta of 1.11.

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. The business had revenue of $436.00 million for the quarter, compared to analysts’ expectations of $371.60 million. SunCoke Energy had a return on equity of 13.40% and a net margin of 4.95%. The business’s quarterly revenue was down 10.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.23 EPS. As a group, sell-side analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 16th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 6.00%. The ex-dividend date of this dividend was Friday, May 16th. SunCoke Energy’s dividend payout ratio is presently 44.04%.

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.