Mutual of America Capital Management LLC Sells 1,410 Shares of SunCoke Energy, Inc. $SXC

Mutual of America Capital Management LLC lowered its position in SunCoke Energy, Inc. (NYSE:SXC) by 11.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,874 shares of the energy company’s stock after selling 1,410 shares during the period. Mutual of America Capital Management LLC’s holdings in SunCoke Energy were worth $93,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew 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 valued at $65,957,000 after purchasing an additional 176,220 shares during the period. American Century Companies Inc. grew its position in SunCoke Energy by 10.0% during the first quarter. American Century Companies Inc. now owns 3,390,806 shares of the energy company’s stock valued at $31,195,000 after buying an additional 308,115 shares during the period. LSV Asset Management grew its position in SunCoke Energy by 35.1% during the first quarter. LSV Asset Management now owns 2,994,312 shares of the energy company’s stock valued at $27,548,000 after buying an additional 777,807 shares during the period. Bridgeway Capital Management LLC grew its position in SunCoke Energy by 0.7% during the first quarter. Bridgeway Capital Management LLC now owns 1,523,806 shares of the energy company’s stock valued at $14,019,000 after buying an additional 10,038 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in SunCoke Energy by 11.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,154,699 shares of the energy company’s stock valued at $10,623,000 after buying an additional 114,609 shares during the period. 90.45% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of SunCoke Energy in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

SunCoke Energy Stock Performance

SXC opened at $7.81 on Friday. The firm has a market cap of $660.82 million, a P/E ratio of 9.08 and a beta of 1.07. SunCoke Energy, Inc. has a 1-year low of $7.18 and a 1-year high of $12.82. The company has a 50 day simple moving average of $7.98 and a two-hundred day simple moving average of $8.28. 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 issued its earnings results 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 firm had revenue of $434.10 million during 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%.The company’s quarterly revenue was down 7.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.25 EPS. Equities analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

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.