SunCoke Energy, Inc. $SXC Shares Bought by Ballentine Partners LLC

Ballentine Partners LLC grew its position in shares of SunCoke Energy, Inc. (NYSE:SXC) by 118.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,277 shares of the energy company’s stock after purchasing an additional 13,189 shares during the period. Ballentine Partners LLC’s holdings in SunCoke Energy were worth $209,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of SunCoke Energy by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 7,169,240 shares of the energy company’s stock worth $65,957,000 after purchasing an additional 176,220 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of SunCoke Energy by 10.0% during the 1st quarter. American Century Companies Inc. now owns 3,390,806 shares of the energy company’s stock worth $31,195,000 after purchasing an additional 308,115 shares during the last quarter. LSV Asset Management boosted its stake in shares of SunCoke Energy by 35.1% during the 1st quarter. LSV Asset Management now owns 2,994,312 shares of the energy company’s stock worth $27,548,000 after purchasing an additional 777,807 shares during the last quarter. Bridgeway Capital Management LLC boosted its stake in shares of SunCoke Energy by 0.7% during the 1st quarter. Bridgeway Capital Management LLC now owns 1,523,806 shares of the energy company’s stock worth $14,019,000 after purchasing an additional 10,038 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of SunCoke Energy by 11.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,154,699 shares of the energy company’s stock worth $10,623,000 after purchasing an additional 114,609 shares during the last quarter. 90.45% of the stock is owned by institutional investors and hedge funds.

SunCoke Energy Price Performance

SunCoke Energy stock opened at $8.13 on Tuesday. SunCoke Energy, Inc. has a 12-month low of $7.18 and a 12-month high of $12.82. The stock has a market capitalization of $687.94 million, a P/E ratio of 9.45 and a beta of 1.07. The firm’s 50-day moving average is $7.79 and its two-hundred day moving average is $8.40. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.61 and a quick ratio of 1.45.

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

SunCoke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Friday, August 15th. SunCoke Energy’s dividend payout ratio is presently 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.