Victory Capital Management Inc. Raises Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Victory Capital Management Inc. boosted its stake in shares of SunCoke Energy, Inc. (NYSE:SXC) by 79.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 190,784 shares of the energy company’s stock after acquiring an additional 84,178 shares during the quarter. Victory Capital Management Inc. owned 0.23% of SunCoke Energy worth $1,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. CWM LLC boosted its holdings in SunCoke Energy by 159.9% during the 1st quarter. CWM LLC now owns 5,522 shares of the energy company’s stock valued at $51,000 after acquiring an additional 3,397 shares during the period. Envestnet Asset Management Inc. boosted its holdings in SunCoke Energy by 16.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 89,152 shares of the energy company’s stock valued at $820,000 after acquiring an additional 12,902 shares during the period. Principal Financial Group Inc. boosted its holdings in SunCoke Energy by 3.0% during the 1st quarter. Principal Financial Group Inc. now owns 420,006 shares of the energy company’s stock valued at $3,864,000 after acquiring an additional 12,160 shares during the period. Allspring Global Investments Holdings LLC raised its position in SunCoke Energy by 54.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 34,728 shares of the energy company’s stock valued at $319,000 after purchasing an additional 12,176 shares during the last quarter. Finally, CWA Asset Management Group LLC raised its position in SunCoke Energy by 142.7% during the 1st quarter. CWA Asset Management Group LLC now owns 168,288 shares of the energy company’s stock valued at $1,548,000 after purchasing an additional 98,962 shares during the last quarter. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Trading Down 0.3%

SXC opened at $8.31 on Wednesday. The business has a 50 day simple moving average of $8.39 and a two-hundred day simple moving average of $9.00. The firm has a market capitalization of $703.02 million, a price-to-earnings ratio of 7.62 and a beta of 1.11. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.40 and a quick ratio of 1.39. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings results on Wednesday, April 30th. The energy company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. The business had revenue of $436.00 million during the quarter, compared to analyst estimates of $371.60 million. SunCoke Energy had a return on equity of 13.40% and a net margin of 4.95%. SunCoke Energy’s quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.23 EPS. Analysts predict that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 16th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date of this dividend was Friday, May 16th. SunCoke Energy’s payout ratio is 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.