SunCoke Energy, Inc. (NYSE:SXC) Shares Purchased by Fmr LLC

FMR LLC boosted its position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 27.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 327,724 shares of the energy company's stock after buying an additional 70,786 shares during the period. FMR LLC owned 0.39% of SunCoke Energy worth $2,845,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SXC. nVerses Capital LLC grew its stake in SunCoke Energy by 488.9% during the 3rd quarter. nVerses Capital LLC now owns 5,300 shares of the energy company's stock valued at $46,000 after acquiring an additional 4,400 shares in the last quarter. Innealta Capital LLC purchased a new stake in shares of SunCoke Energy in the second quarter valued at approximately $70,000. Optas LLC acquired a new stake in shares of SunCoke Energy in the third quarter valued at approximately $88,000. Algert Global LLC purchased a new position in SunCoke Energy during the second quarter worth approximately $107,000. Finally, Retirement Investment Advisors Inc. acquired a new position in SunCoke Energy during the second quarter worth $110,000. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Trading Down 0.6 %

SunCoke Energy stock traded down $0.07 during mid-day trading on Friday, hitting $11.91. The company's stock had a trading volume of 526,569 shares, compared to its average volume of 653,285. SunCoke Energy, Inc. has a 1 year low of $7.47 and a 1 year high of $12.82. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $1.00 billion, a PE ratio of 11.91 and a beta of 1.07. The stock's fifty day moving average is $10.87 and its two-hundred day moving average is $9.89.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.14. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The business had revenue of $490.10 million during the quarter, compared to analysts' expectations of $412.70 million. During the same period last year, the business earned $0.08 earnings per share. The business's revenue for the quarter was down 5.8% on a year-over-year basis. On average, analysts anticipate that SunCoke Energy, Inc. will post 1.14 EPS for the current year.

SunCoke Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.48 annualized dividend and a dividend yield of 4.03%. SunCoke Energy's dividend payout ratio is currently 48.00%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Benchmark reiterated a "buy" rating and set a $13.00 price target on shares of SunCoke Energy in a report on Tuesday, November 5th. StockNews.com raised shares of SunCoke Energy from a "hold" rating to a "buy" rating in a research note on Wednesday, October 16th.

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.