PDT Partners LLC raised its position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 101.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 195,559 shares of the energy company's stock after buying an additional 98,559 shares during the period. PDT Partners LLC owned about 0.23% of SunCoke Energy worth $1,697,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. SummerHaven Investment Management LLC boosted its holdings in SunCoke Energy by 1.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 92,532 shares of the energy company's stock worth $907,000 after buying an additional 1,464 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of SunCoke Energy by 1.9% during the 3rd quarter. Victory Capital Management Inc. now owns 109,468 shares of the energy company's stock worth $950,000 after purchasing an additional 2,054 shares during the last quarter. Federated Hermes Inc. boosted its holdings in shares of SunCoke Energy by 0.3% during the 2nd quarter. Federated Hermes Inc. now owns 820,731 shares of the energy company's stock worth $8,043,000 after purchasing an additional 2,335 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of SunCoke Energy by 2.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 99,682 shares of the energy company's stock worth $1,123,000 after purchasing an additional 2,539 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of SunCoke Energy by 6.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 62,728 shares of the energy company's stock worth $707,000 after purchasing an additional 3,570 shares during the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.
SunCoke Energy Stock Down 0.2 %
Shares of SunCoke Energy stock traded down $0.02 during trading hours on Friday, reaching $12.46. 541,043 shares of the company were exchanged, compared to its average volume of 894,856. SunCoke Energy, Inc. has a 1 year low of $7.47 and a 1 year high of $12.82. The stock's fifty day moving average is $10.11 and its 200 day moving average is $9.77. 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 firm has a market cap of $1.05 billion, a PE ratio of 12.46 and a beta of 1.02.
SunCoke Energy (NYSE:SXC - Get Free Report) last issued its earnings results on Thursday, October 31st. The energy company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.14. The firm had revenue of $490.10 million during the quarter, compared to the consensus estimate of $412.70 million. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The company's revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.08 earnings per share. As a group, equities research analysts forecast that SunCoke Energy, Inc. will post 1.14 earnings per share for the current year.
SunCoke Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 14th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.85%. SunCoke Energy's payout ratio is currently 48.00%.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on SXC shares. StockNews.com upgraded SunCoke Energy from a "hold" rating to a "buy" rating in a report on Wednesday, October 16th. Benchmark restated a "buy" rating and set a $13.00 target price on shares of SunCoke Energy in a report on Tuesday, November 5th.
Read Our Latest Analysis on SXC
SunCoke Energy 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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