SunCoke Energy, Inc. (NYSE:SXC) Position Cut by Olympiad Research LP

Olympiad Research LP trimmed its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 67.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,585 shares of the energy company's stock after selling 30,733 shares during the period. Olympiad Research LP's holdings in SunCoke Energy were worth $156,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Pacer Advisors Inc. purchased a new stake in shares of SunCoke Energy in the fourth quarter valued at $27,164,000. Hotchkis & Wiley Capital Management LLC purchased a new position in SunCoke Energy in the 3rd quarter valued at about $5,470,000. Jane Street Group LLC lifted its holdings in SunCoke Energy by 450.3% in the 3rd quarter. Jane Street Group LLC now owns 665,054 shares of the energy company's stock valued at $5,773,000 after purchasing an additional 544,194 shares in the last quarter. Weiss Asset Management LP acquired a new stake in shares of SunCoke Energy during the 3rd quarter worth about $1,926,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of SunCoke Energy by 28.9% during the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company's stock worth $7,396,000 after buying an additional 191,235 shares in the last quarter. Hedge funds and other institutional investors own 90.45% of the company's stock.

SunCoke Energy Trading Down 1.3 %

NYSE SXC traded down $0.12 during mid-day trading on Thursday, hitting $9.07. The company's stock had a trading volume of 815,259 shares, compared to its average volume of 948,620. The firm has a market capitalization of $762.29 million, a P/E ratio of 8.09 and a beta of 1.06. 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, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. The stock's fifty day simple moving average is $10.06 and its two-hundred day simple moving average is $9.92.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) 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%. Research analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.30%. SunCoke Energy's dividend payout ratio (DPR) is presently 42.86%.

Analysts Set New Price Targets

Separately, Benchmark restated a "buy" rating and set a $13.00 price objective on shares of SunCoke Energy in a report on Tuesday, November 5th.

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.