SunCoke Energy, Inc. (NYSE:SXC) Shares Acquired by Dark Forest Capital Management LP

Dark Forest Capital Management LP increased its stake in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 241.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,130 shares of the energy company's stock after purchasing an additional 41,806 shares during the quarter. Dark Forest Capital Management LP owned 0.07% of SunCoke Energy worth $633,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SXC. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of SunCoke Energy by 835.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock worth $38,000 after acquiring an additional 3,242 shares during the period. GAMMA Investing LLC lifted its position in SunCoke Energy by 71.3% in the fourth 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 period. KBC Group NV boosted its holdings in SunCoke Energy by 61.1% in the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company's stock valued at $65,000 after purchasing an additional 2,307 shares in the last quarter. Tocqueville Asset Management L.P. acquired a new position in SunCoke Energy during the 4th quarter worth approximately $118,000. Finally, Navellier & Associates Inc. raised its stake in shares of SunCoke Energy by 11.3% during the 4th 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 in the last quarter. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Price Performance

Shares of SXC traded up $0.13 during mid-day trading on Tuesday, hitting $9.81. The company's stock had a trading volume of 841,022 shares, compared to its average volume of 899,635. The firm has a 50-day simple moving average of $9.12 and a 200 day simple moving average of $10.13. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The firm has a market capitalization of $830.38 million, a P/E ratio of 8.76 and a beta of 0.90. 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 released its earnings results on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.04. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. Analysts predict that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date 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.