SunCoke Energy, Inc. (NYSE:SXC) Stake Lifted by Prudential Financial Inc.

Prudential Financial Inc. raised its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 59.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 324,664 shares of the energy company's stock after purchasing an additional 121,600 shares during the period. Prudential Financial Inc. owned about 0.39% of SunCoke Energy worth $3,474,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Navellier & Associates Inc. boosted its holdings in shares of SunCoke Energy by 11.3% in the 4th quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock valued at $121,000 after buying an additional 1,152 shares during the period. Sanctuary Advisors LLC lifted its holdings in SunCoke Energy by 3.6% in the fourth 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 during the last quarter. GAMMA Investing LLC boosted its stake in SunCoke Energy by 71.3% in the fourth quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock valued at $44,000 after acquiring an additional 1,730 shares during the period. KBC Group NV grew its holdings in shares of SunCoke Energy by 61.1% during the fourth 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. Finally, Van ECK Associates Corp grew its holdings in shares of SunCoke Energy by 3.7% during the fourth quarter. Van ECK Associates Corp now owns 83,393 shares of the energy company's stock valued at $892,000 after purchasing an additional 2,945 shares during the last quarter. 90.45% of the stock is owned by institutional investors and hedge funds.

SunCoke Energy Stock Performance

Shares of SXC stock traded down $0.45 during trading hours on Friday, reaching $8.28. The stock had a trading volume of 1,279,221 shares, compared to its average volume of 885,309. The firm has a market capitalization of $698.01 million, a PE ratio of 7.39 and a beta of 0.90. The firm has a 50-day simple moving average of $9.34 and a 200-day simple moving average of $10.06. SunCoke Energy, Inc. has a twelve month low of $7.47 and a twelve month high of $12.82. 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 (NYSE:SXC - Get Free Report) last posted its 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%. As a group, equities analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.80%. The ex-dividend date of this dividend was Friday, February 14th. SunCoke Energy's payout ratio is currently 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.