Paloma Partners Management Co Takes $621,000 Position in SunCoke Energy, Inc. (NYSE:SXC)

Paloma Partners Management Co acquired a new stake in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 71,503 shares of the energy company's stock, valued at approximately $621,000. Paloma Partners Management Co owned approximately 0.09% of SunCoke Energy as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the company. PDT Partners LLC boosted its position in SunCoke Energy by 101.6% during the 3rd quarter. PDT Partners LLC now owns 195,559 shares of the energy company's stock valued at $1,697,000 after acquiring an additional 98,559 shares in the last quarter. Verition Fund Management LLC bought a new stake in SunCoke Energy during the 3rd quarter valued at approximately $705,000. Walleye Capital LLC bought a new stake in SunCoke Energy during the 3rd quarter valued at approximately $138,000. BNP Paribas Financial Markets boosted its position in SunCoke Energy by 109.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 129,054 shares of the energy company's stock valued at $1,120,000 after acquiring an additional 67,396 shares in the last quarter. Finally, Quantbot Technologies LP boosted its position in SunCoke Energy by 111.2% during the 3rd quarter. Quantbot Technologies LP now owns 40,877 shares of the energy company's stock valued at $355,000 after acquiring an additional 21,520 shares in the last quarter. 90.45% of the stock is owned by institutional investors.

SunCoke Energy Price Performance

Shares of NYSE SXC traded down $0.12 during mid-day trading on Wednesday, hitting $12.49. 411,790 shares of the company's stock traded hands, compared to its average volume of 838,639. The company's 50-day moving average is $10.28 and its two-hundred day moving average is $9.80. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27. The company has a market capitalization of $1.05 billion, a P/E ratio of 12.42 and a beta of 1.07. SunCoke Energy, Inc. has a 1 year low of $7.47 and a 1 year high of $12.82.

SunCoke Energy (NYSE:SXC - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The energy company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.14. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The company had revenue of $490.10 million for the quarter, compared to analyst estimates of $412.70 million. During the same period in the prior year, the company posted $0.08 EPS. The firm's revenue for the quarter was down 5.8% on a year-over-year basis. On average, equities analysts anticipate that SunCoke Energy, Inc. will post 1.14 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 14th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend was Thursday, November 14th. SunCoke Energy's dividend payout ratio (DPR) is currently 48.00%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on SXC shares. StockNews.com upgraded shares of SunCoke Energy from a "hold" rating to a "buy" rating in a report on Wednesday, October 16th. Benchmark reaffirmed a "buy" rating and issued a $13.00 target price on shares of SunCoke Energy in a report on Tuesday, November 5th.

SunCoke Energy Company 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.