Martingale Asset Management L P Has $298,000 Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Martingale Asset Management L P lowered its position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 72.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 27,859 shares of the energy company's stock after selling 72,043 shares during the period. Martingale Asset Management L P's holdings in SunCoke Energy were worth $298,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. acquired a new position in SunCoke Energy during the 4th quarter valued at about $27,164,000. Norges Bank bought a new stake in shares of SunCoke Energy during the 4th quarter worth $11,841,000. Jane Street Group LLC raised its position in shares of SunCoke Energy by 450.3% during the third quarter. Jane Street Group LLC now owns 665,054 shares of the energy company's stock worth $5,773,000 after purchasing an additional 544,194 shares during the period. American Century Companies Inc. boosted its position in shares of SunCoke Energy by 11.0% in the 4th quarter. American Century Companies Inc. now owns 3,082,691 shares of the energy company's stock valued at $32,985,000 after purchasing an additional 306,356 shares during the period. Finally, Trexquant Investment LP increased its stake in SunCoke Energy by 77.0% in the 4th quarter. Trexquant Investment LP now owns 628,643 shares of the energy company's stock worth $6,726,000 after purchasing an additional 273,505 shares in the last quarter. 90.45% of the stock is currently owned by institutional investors.

SunCoke Energy Trading Up 1.1 %

SXC stock traded up $0.11 during mid-day trading on Friday, reaching $9.34. 676,127 shares of the stock traded hands, compared to its average volume of 900,233. The stock's fifty day moving average is $9.15 and its 200-day moving average is $10.06. The company has a market cap of $790.17 million, a P/E ratio of 8.33 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, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82.

SunCoke Energy (NYSE:SXC - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. As a group, sell-side analysts expect 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. Stockholders of record on Monday, February 17th were issued 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 dividend yield of 5.14%. SunCoke Energy's dividend payout ratio is currently 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.