ExodusPoint Capital Management LP Sells 327,249 Shares of SunCoke Energy, Inc. (NYSE:SXC)

ExodusPoint Capital Management LP reduced its position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 94.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,199 shares of the energy company's stock after selling 327,249 shares during the quarter. ExodusPoint Capital Management LP's holdings in SunCoke Energy were worth $216,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of SXC. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in SunCoke Energy by 835.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock worth $38,000 after purchasing an additional 3,242 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of SunCoke Energy by 71.3% in the 4th quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock valued at $44,000 after acquiring an additional 1,730 shares in the last quarter. KBC Group NV lifted its position in shares of SunCoke Energy by 61.1% during the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company's stock valued at $65,000 after acquiring an additional 2,307 shares during the period. Tocqueville Asset Management L.P. bought a new position in SunCoke Energy during the fourth quarter worth $118,000. Finally, Navellier & Associates Inc. grew its holdings in 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 purchasing an additional 1,152 shares during the period. Institutional investors and hedge funds own 90.45% of the company's stock.

SunCoke Energy Stock Up 1.1 %

Shares of SXC stock traded up $0.11 on Friday, reaching $9.34. 676,127 shares of the company were exchanged, compared to its average volume of 901,882. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82. The company has a market cap of $790.17 million, a price-to-earnings ratio of 8.33 and a beta of 0.90. The company has a 50-day moving average of $9.14 and a 200-day moving average of $10.06. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings data 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 anticipate that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 5.14%. SunCoke Energy's dividend payout ratio (DPR) 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.