Swiss National Bank Sells 2,100 Shares of SunCoke Energy, Inc. $SXC

Swiss National Bank lessened its position in SunCoke Energy, Inc. (NYSE:SXC) by 1.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 162,950 shares of the energy company’s stock after selling 2,100 shares during the period. Swiss National Bank owned approximately 0.19% of SunCoke Energy worth $1,499,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN grew its holdings in shares of SunCoke Energy by 15.3% in the 4th quarter. Wells Fargo & Company MN now owns 55,152 shares of the energy company’s stock valued at $590,000 after buying an additional 7,338 shares during the period. Envestnet Asset Management Inc. lifted its holdings in SunCoke Energy by 105.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 76,250 shares of the energy company’s stock worth $816,000 after acquiring an additional 39,194 shares in the last quarter. Barclays PLC lifted its holdings in SunCoke Energy by 6.9% during the fourth quarter. Barclays PLC now owns 216,894 shares of the energy company’s stock worth $2,321,000 after acquiring an additional 14,004 shares in the last quarter. Mariner LLC grew its stake in SunCoke Energy by 43.0% in the fourth quarter. Mariner LLC now owns 21,814 shares of the energy company’s stock valued at $233,000 after acquiring an additional 6,555 shares during the period. Finally, Walleye Capital LLC increased its holdings in shares of SunCoke Energy by 8.4% in 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 in the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Trading Up 1.6%

NYSE:SXC opened at $7.5680 on Monday. SunCoke Energy, Inc. has a fifty-two week low of $7.18 and a fifty-two week high of $12.82. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.61 and a quick ratio of 1.45. The stock has a market capitalization of $640.78 million, a PE ratio of 8.80 and a beta of 1.10. The business’s 50-day simple moving average is $8.11 and its 200-day simple moving average is $8.68.

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

SunCoke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be given 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 dividend yield of 6.3%. SunCoke Energy’s dividend 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.