GSA Capital Partners LLP Sells 21,526 Shares of SunCoke Energy, Inc. (NYSE:SXC)

GSA Capital Partners LLP reduced its position in shares of SunCoke Energy, Inc. (NYSE:SXC) by 20.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,052 shares of the energy company’s stock after selling 21,526 shares during the period. GSA Capital Partners LLP owned 0.10% of SunCoke Energy worth $755,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in SunCoke Energy by 835.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company’s stock worth $38,000 after acquiring an additional 3,242 shares during the period. Versant Capital Management Inc raised its position in shares of SunCoke Energy by 61.6% in the first quarter. Versant Capital Management Inc now owns 4,416 shares of the energy company’s stock valued at $41,000 after purchasing an additional 1,683 shares during the period. CWM LLC raised its position in shares of SunCoke Energy by 159.9% in the first quarter. CWM LLC now owns 5,522 shares of the energy company’s stock valued at $51,000 after purchasing an additional 3,397 shares during the period. Virtus Fund Advisers LLC bought a new stake in shares of SunCoke Energy in the fourth quarter valued at approximately $57,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of SunCoke Energy in the first quarter valued at approximately $106,000. 90.45% of the stock is owned by institutional investors.

SunCoke Energy Stock Performance

NYSE SXC opened at $7.24 on Friday. The company’s 50 day moving average is $8.32 and its 200-day moving average is $8.93. SunCoke Energy, Inc. has a 12-month low of $7.18 and a 12-month high of $12.82. The company has a quick ratio of 1.39, a current ratio of 2.61 and a debt-to-equity ratio of 0.70. The firm has a market cap of $613.01 million, a P/E ratio of 8.42 and a beta of 1.10.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings results on Wednesday, July 30th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.13). SunCoke Energy had a net margin of 3.99% and a return on equity of 10.43%. The business had revenue of $434.10 million during the quarter, compared to the consensus estimate of $348.05 million. During the same period last year, the firm earned $0.25 EPS. The business’s revenue for the quarter was down 7.8% on a year-over-year basis. Sell-side analysts predict that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $0.48 annualized dividend and a yield of 6.6%. SunCoke Energy’s payout ratio is currently 55.81%.

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.