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LSV Asset Management Increases Stake in SunCoke Energy, Inc. (NYSE:SXC)

SunCoke Energy logo with Energy background

LSV Asset Management boosted its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,216,505 shares of the energy company's stock after buying an additional 196,939 shares during the quarter. LSV Asset Management owned approximately 2.64% of SunCoke Energy worth $23,717,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SXC. Vanguard Group Inc. grew its position in shares of SunCoke Energy by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 6,993,020 shares of the energy company's stock valued at $74,825,000 after acquiring an additional 19,644 shares during the period. State Street Corp grew its holdings in SunCoke Energy by 3.5% during the third quarter. State Street Corp now owns 4,848,334 shares of the energy company's stock valued at $42,084,000 after purchasing an additional 163,839 shares during the period. American Century Companies Inc. increased its position in SunCoke Energy by 11.0% in the fourth quarter. American Century Companies Inc. now owns 3,082,691 shares of the energy company's stock worth $32,985,000 after buying an additional 306,356 shares in the last quarter. Pacer Advisors Inc. bought a new position in shares of SunCoke Energy in the fourth quarter worth about $27,164,000. Finally, Geode Capital Management LLC lifted its position in shares of SunCoke Energy by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,984,605 shares of the energy company's stock valued at $17,230,000 after buying an additional 40,801 shares in the last quarter. 90.45% of the stock is owned by hedge funds and other institutional investors.

SunCoke Energy Stock Performance

SunCoke Energy stock traded up $0.10 during midday trading on Thursday, hitting $9.33. The stock had a trading volume of 274,982 shares, compared to its average volume of 897,399. SunCoke Energy, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. The company has a market capitalization of $790.09 million, a PE ratio of 8.33 and a beta of 0.90. The firm's fifty day moving average is $9.16 and its two-hundred day moving average is $10.06. 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 announced its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. On average, research analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend 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 is presently 42.86%.

SunCoke Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SunCoke Energy (NYSE:SXC)

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