SunCoke Energy, Inc. (NYSE:SXC) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its holdings in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 4.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,030,196 shares of the energy company's stock after acquiring an additional 44,009 shares during the quarter. Bank of New York Mellon Corp owned 1.23% of SunCoke Energy worth $11,023,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SXC. Navellier & Associates Inc. increased its stake in shares of SunCoke Energy by 11.3% in the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock worth $121,000 after buying an additional 1,152 shares during the period. Sanctuary Advisors LLC increased its holdings in SunCoke Energy by 3.6% during the 4th quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company's stock valued at $492,000 after purchasing an additional 1,592 shares during the period. GAMMA Investing LLC raised its position in SunCoke Energy by 71.3% during the 4th quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock valued at $44,000 after purchasing an additional 1,730 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in SunCoke Energy by 1.9% in the 3rd quarter. Victory Capital Management Inc. now owns 109,468 shares of the energy company's stock worth $950,000 after buying an additional 2,054 shares during the period. Finally, KBC Group NV grew its position in shares of SunCoke Energy by 61.1% in the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company's stock worth $65,000 after buying an additional 2,307 shares during the last quarter. Hedge funds and other institutional investors own 90.45% of the company's stock.

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SunCoke Energy Trading Up 2.3 %

SXC stock traded up $0.22 during trading on Friday, reaching $9.38. The company had a trading volume of 585,687 shares, compared to its average volume of 835,591. The business has a 50 day moving average of $9.69 and a 200 day moving average of $9.94. 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 cap of $790.80 million, a P/E ratio of 8.37 and a beta of 0.98. SunCoke Energy, Inc. has a 52 week low of $7.47 and a 52 week high of $12.82.

SunCoke Energy (NYSE:SXC - Get Free Report) last issued its earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. As a group, sell-side analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.12%. The ex-dividend date of this dividend was Friday, February 14th. SunCoke Energy's dividend payout ratio (DPR) is presently 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.