Prudential Financial Inc. Buys 121,600 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Prudential Financial Inc. raised its position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 59.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 324,664 shares of the energy company's stock after buying an additional 121,600 shares during the quarter. Prudential Financial Inc. owned about 0.39% of SunCoke Energy worth $3,474,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in SunCoke Energy by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 6,993,020 shares of the energy company's stock worth $74,825,000 after purchasing an additional 19,644 shares during the last quarter. State Street Corp raised its position in shares of SunCoke Energy by 3.5% during the 3rd quarter. State Street Corp now owns 4,848,334 shares of the energy company's stock valued at $42,084,000 after buying an additional 163,839 shares in the last quarter. American Century Companies Inc. grew its position in SunCoke Energy by 11.0% in the fourth quarter. American Century Companies Inc. now owns 3,082,691 shares of the energy company's stock worth $32,985,000 after acquiring an additional 306,356 shares in the last quarter. Pacer Advisors Inc. bought a new stake in SunCoke Energy during the fourth quarter worth approximately $27,164,000. Finally, Geode Capital Management LLC raised its position in SunCoke Energy by 2.1% during the third quarter. Geode Capital Management LLC now owns 1,984,605 shares of the energy company's stock valued at $17,230,000 after purchasing an additional 40,801 shares during the period. Institutional investors own 90.45% of the company's stock.

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SunCoke Energy Trading Down 5.7 %

Shares of SunCoke Energy stock traded down $0.53 on Thursday, reaching $8.72. The company had a trading volume of 807,376 shares, compared to its average volume of 880,481. The firm's 50-day moving average price is $9.38 and its two-hundred day moving average price is $10.03. 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 $735.13 million, a price-to-earnings ratio of 7.78 and a beta of 0.90. 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 announced its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (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, research analysts predict that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 5.51%. SunCoke Energy's dividend payout ratio is currently 42.86%.

SunCoke Energy Company 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.