Barclays PLC Purchases 146,065 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Barclays PLC increased its position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 257.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 202,890 shares of the energy company's stock after purchasing an additional 146,065 shares during the quarter. Barclays PLC owned approximately 0.24% of SunCoke Energy worth $1,763,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. boosted its stake in shares of 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 last quarter. Federated Hermes Inc. boosted its position in SunCoke Energy by 0.3% in the second quarter. Federated Hermes Inc. now owns 820,731 shares of the energy company's stock worth $8,043,000 after purchasing an additional 2,335 shares during the last quarter. nVerses Capital LLC grew its stake in SunCoke Energy by 488.9% in the 3rd quarter. nVerses Capital LLC now owns 5,300 shares of the energy company's stock valued at $46,000 after purchasing an additional 4,400 shares during the period. Vanguard Personalized Indexing Management LLC increased its position in shares of SunCoke Energy by 61.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 20,173 shares of the energy company's stock valued at $198,000 after purchasing an additional 7,668 shares during the last quarter. Finally, Optas LLC bought a new stake in shares of SunCoke Energy during the 3rd quarter worth $88,000. 90.45% of the stock is owned by institutional investors.

SunCoke Energy Stock Performance

Shares of SXC stock traded down $0.19 on Friday, hitting $9.99. 834,051 shares of the stock were exchanged, compared to its average volume of 1,062,808. The firm's 50 day moving average is $11.66 and its two-hundred day moving average is $10.02. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82. The firm has a market capitalization of $840.08 million, a PE ratio of 9.99 and a beta of 1.08. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71.

SunCoke Energy (NYSE:SXC - Get Free Report) last issued its earnings results on Thursday, October 31st. The energy company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.22 by $0.14. The business had revenue of $490.10 million during the quarter, compared to the consensus estimate of $412.70 million. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. The firm's revenue was down 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.08 EPS. Sell-side analysts expect that SunCoke Energy, Inc. will post 1.14 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th were issued a $0.12 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.48 annualized dividend and a dividend yield of 4.80%. SunCoke Energy's payout ratio is currently 48.00%.

Wall Street Analyst Weigh In

SXC has been the subject of several research reports. Benchmark restated a "buy" rating and set a $13.00 price target on shares of SunCoke Energy in a research report on Tuesday, November 5th. StockNews.com upgraded shares of SunCoke Energy from a "hold" rating to a "buy" rating in a research note on Wednesday, October 16th.

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.