KLP Kapitalforvaltning AS Makes New $367,000 Investment in SunCoke Energy, Inc. (NYSE:SXC)

KLP Kapitalforvaltning AS acquired a new position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 34,300 shares of the energy company's stock, valued at approximately $367,000.

Several other institutional investors have also added to or reduced their stakes in the stock. 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. KBC Group NV boosted its position in 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 in the last quarter. Tocqueville Asset Management L.P. purchased a new position in shares of SunCoke Energy in the 4th quarter valued at approximately $118,000. XTX Topco Ltd purchased a new stake in shares of SunCoke Energy in the 3rd quarter worth about $120,000. 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. 90.45% of the stock is currently owned by institutional investors.

SunCoke Energy Stock Down 2.4 %

Shares of SunCoke Energy stock traded down $0.22 during midday trading on Thursday, hitting $8.62. The company had a trading volume of 772,674 shares, compared to its average volume of 893,695. SunCoke Energy, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. The stock has a market capitalization of $726.69 million, a P/E ratio of 7.69 and a beta of 0.90. The company has a 50 day moving average of $9.21 and a 200 day moving average of $10.05.

SunCoke Energy (NYSE:SXC - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, beating 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, equities analysts predict that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 5.57%. SunCoke Energy's dividend payout ratio (DPR) is presently 42.86%.

SunCoke Energy 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.