Proficio Capital Partners LLC Takes $469,000 Position in SunCoke Energy, Inc. (NYSE:SXC)

Proficio Capital Partners LLC acquired a new position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,827 shares of the energy company's stock, valued at approximately $469,000. Proficio Capital Partners LLC owned approximately 0.05% of SunCoke Energy as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of New York Mellon Corp increased its holdings in SunCoke Energy by 4.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,030,196 shares of the energy company's stock worth $11,023,000 after purchasing an additional 44,009 shares in the last quarter. Navellier & Associates Inc. grew its holdings in shares of SunCoke Energy by 11.3% during the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock worth $121,000 after buying an additional 1,152 shares in the last quarter. Alberta Investment Management Corp boosted its position in SunCoke Energy by 29.0% during the 4th quarter. Alberta Investment Management Corp now owns 86,700 shares of the energy company's stock worth $928,000 after acquiring an additional 19,500 shares during the last quarter. Sanctuary Advisors LLC grew its stake in shares of SunCoke Energy by 3.6% during the 4th quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company's stock worth $492,000 after acquiring an additional 1,592 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of SunCoke Energy by 2.9% during the 4th quarter. Principal Financial Group Inc. now owns 407,846 shares of the energy company's stock worth $4,364,000 after acquiring an additional 11,473 shares in the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

SunCoke Energy Stock Down 1.2 %

Shares of SXC stock traded down $0.12 during trading on Wednesday, reaching $9.17. The company's stock had a trading volume of 201,792 shares, compared to its average volume of 840,035. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82. The business has a fifty day moving average price of $9.75 and a 200-day moving average price of $9.95. The company has a market cap of $773.09 million, a price-to-earnings ratio of 8.19 and a beta of 0.98. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71.

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

SunCoke Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a $0.12 dividend. 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 5.24%. SunCoke Energy's dividend payout ratio is 42.86%.

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.