Pacer Advisors Inc. Buys New Position in SunCoke Energy, Inc. (NYSE:SXC)

Pacer Advisors Inc. acquired a new stake in SunCoke Energy, Inc. (NYSE:SXC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,538,682 shares of the energy company's stock, valued at approximately $27,164,000. Pacer Advisors Inc. owned 3.02% of SunCoke Energy at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SXC. GAMMA Investing LLC boosted its holdings in SunCoke Energy by 71.3% in the 4th quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock valued at $44,000 after purchasing an additional 1,730 shares during the last quarter. nVerses Capital LLC increased its stake in SunCoke Energy by 488.9% during the third quarter. nVerses Capital LLC now owns 5,300 shares of the energy company's stock worth $46,000 after acquiring an additional 4,400 shares during the last quarter. KBC Group NV lifted its stake in shares of SunCoke Energy by 61.1% in the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company's stock valued at $65,000 after purchasing an additional 2,307 shares during the last quarter. Optas LLC acquired a new stake in shares of SunCoke Energy during the 3rd quarter worth about $88,000. Finally, Algert Global LLC acquired a new stake in shares of SunCoke Energy during the 2nd quarter worth about $107,000. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Trading Down 2.6 %

SunCoke Energy stock traded down $0.26 during midday trading on Friday, reaching $9.39. 975,111 shares of the stock traded hands, compared to its average volume of 852,950. The firm has a market cap of $789.18 million, a PE ratio of 9.39 and a beta of 1.08. 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 company has a 50-day simple moving average of $11.08 and a two-hundred day simple moving average of $10.03. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month 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 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. Research analysts expect that SunCoke Energy, Inc. will post 1.14 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.11%. SunCoke Energy's dividend payout ratio (DPR) is 48.00%.

Analyst Upgrades and Downgrades

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

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.