Charles Schwab Investment Management Inc. Lowers Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Charles Schwab Investment Management Inc. cut its holdings in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 13.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,040,090 shares of the energy company's stock after selling 164,690 shares during the period. Charles Schwab Investment Management Inc. owned 1.24% of SunCoke Energy worth $11,129,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SXC. Navellier & Associates Inc. boosted its holdings 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 acquiring an additional 1,152 shares during the period. Sanctuary Advisors LLC grew 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 buying an additional 1,592 shares in the last quarter. GAMMA Investing LLC increased its position in shares of SunCoke Energy by 71.3% during the fourth quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock valued at $44,000 after buying an additional 1,730 shares during the period. Victory Capital Management Inc. increased its position in shares of SunCoke Energy by 1.9% during the third quarter. Victory Capital Management Inc. now owns 109,468 shares of the energy company's stock valued at $950,000 after buying an additional 2,054 shares during the period. Finally, KBC Group NV lifted its holdings in shares of SunCoke Energy by 61.1% in the fourth 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 in the last quarter. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

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SunCoke Energy Price Performance

NYSE:SXC traded down $0.06 during mid-day trading on Tuesday, hitting $9.28. 628,495 shares of the stock traded hands, compared to its average volume of 807,395. The business's 50-day moving average price is $9.55 and its 200 day moving average price is $9.99. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. The company has a market cap of $782.79 million, a PE ratio of 8.29 and a beta of 0.98. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month 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, topping 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%. On average, analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were given a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 5.17%. SunCoke Energy's payout ratio is presently 42.86%.

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.