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

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

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. purchased a new position in SunCoke Energy in the 4th quarter worth about $27,164,000. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of SunCoke Energy during the third quarter valued at approximately $5,470,000. Jane Street Group LLC raised its stake 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 valued at $5,773,000 after acquiring an additional 544,194 shares in the last quarter. Weiss Asset Management LP purchased a new stake in shares of SunCoke Energy in the third quarter valued at approximately $1,926,000. Finally, JPMorgan Chase & Co. grew its stake in SunCoke Energy by 28.9% in the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company's stock worth $7,396,000 after purchasing an additional 191,235 shares in the last quarter. 90.45% of the stock is owned by hedge funds and other institutional investors.

SunCoke Energy Trading Down 3.3 %

SXC traded down $0.32 during trading on Friday, hitting $9.12. 939,324 shares of the stock were exchanged, compared to its average volume of 878,632. SunCoke Energy, Inc. has a 1 year low of $7.47 and a 1 year high of $12.82. The firm has a market cap of $768.87 million, a price-to-earnings ratio of 8.14 and a beta of 0.98. The firm has a 50 day simple moving average of $9.50 and a 200 day simple moving average of $9.99. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22.

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SunCoke Energy (NYSE:SXC - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, equities analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.27%. The ex-dividend date was Friday, February 14th. SunCoke Energy's dividend payout ratio is currently 42.86%.

SunCoke Energy Company 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.

See Also

Institutional Ownership by Quarter for SunCoke Energy (NYSE:SXC)

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