SunCoke Energy, Inc. (NYSE:SXC) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. decreased its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC) by 0.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 837,575 shares of the energy company’s stock after selling 4,287 shares during the quarter. Federated Hermes Inc. owned approximately 0.99% of SunCoke Energy worth $7,706,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Walleye Capital LLC raised its stake in SunCoke Energy by 8.4% during the fourth quarter. Walleye Capital LLC now owns 17,268 shares of the energy company’s stock worth $185,000 after acquiring an additional 1,332 shares during the period. State of Wyoming raised its stake in SunCoke Energy by 5.0% during the fourth quarter. State of Wyoming now owns 30,608 shares of the energy company’s stock worth $328,000 after acquiring an additional 1,452 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in SunCoke Energy by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,680 shares of the energy company’s stock worth $510,000 after acquiring an additional 1,664 shares during the period. Versant Capital Management Inc raised its stake in SunCoke Energy by 61.6% during the first quarter. Versant Capital Management Inc now owns 4,416 shares of the energy company’s stock worth $41,000 after acquiring an additional 1,683 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of SunCoke Energy by 3.0% in the fourth quarter. Bank of Montreal Can now owns 58,050 shares of the energy company’s stock valued at $621,000 after purchasing an additional 1,709 shares during the period. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Price Performance

Shares of NYSE:SXC opened at $7.24 on Friday. The firm’s 50 day moving average is $8.32 and its two-hundred day moving average is $8.93. SunCoke Energy, Inc. has a 52 week low of $7.18 and a 52 week high of $12.82. The firm has a market capitalization of $613.01 million, a P/E ratio of 8.42 and a beta of 1.10. The company has a current ratio of 2.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.70.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings results on Wednesday, July 30th. The energy company reported $0.02 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 firm had revenue of $434.10 million during the quarter, compared to analyst estimates of $348.05 million. During the same quarter in the previous year, the business posted $0.25 EPS. SunCoke Energy’s revenue for the quarter was down 7.8% compared to the same quarter last year. Analysts anticipate that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be paid a $0.12 dividend. The ex-dividend date is Friday, August 15th. This represents a $0.48 annualized dividend and a dividend yield of 6.6%. SunCoke Energy’s dividend payout ratio (DPR) is presently 55.81%.

About SunCoke Energy

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.