SunCoke Energy, Inc. (NYSE:SXC) Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its stake in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 13.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 625,772 shares of the energy company's stock after purchasing an additional 72,110 shares during the period. Arrowstreet Capital Limited Partnership owned 0.74% of SunCoke Energy worth $6,696,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in SunCoke Energy by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 6,993,020 shares of the energy company's stock worth $74,825,000 after buying an additional 19,644 shares during the period. State Street Corp increased its holdings in shares of SunCoke Energy by 3.5% in the 3rd quarter. State Street Corp now owns 4,848,334 shares of the energy company's stock worth $42,084,000 after acquiring an additional 163,839 shares during the period. American Century Companies Inc. increased its holdings in shares of SunCoke Energy by 11.0% in the 4th quarter. American Century Companies Inc. now owns 3,082,691 shares of the energy company's stock worth $32,985,000 after acquiring an additional 306,356 shares during the period. Pacer Advisors Inc. bought a new stake in SunCoke Energy in the 4th quarter valued at about $27,164,000. Finally, Geode Capital Management LLC boosted its stake in SunCoke Energy by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,984,605 shares of the energy company's stock valued at $17,230,000 after purchasing an additional 40,801 shares during the period. Institutional investors and hedge funds own 90.45% of the company's stock.

SunCoke Energy Stock Performance

Shares of NYSE:SXC traded up $0.42 during trading hours on Friday, hitting $9.02. The stock had a trading volume of 824,831 shares, compared to its average volume of 895,124. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. The stock's fifty day simple moving average is $9.19 and its 200 day simple moving average is $10.05. The firm has a market capitalization of $760.52 million, a price-to-earnings ratio of 8.05 and a beta of 0.90. 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 earnings results on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. Sell-side analysts anticipate 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 was paid on Monday, March 3rd. Investors of record on Monday, February 17th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend was Friday, February 14th. SunCoke Energy's dividend payout ratio is currently 42.86%.

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.