Renaissance Technologies LLC trimmed its position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,273,761 shares of the energy company's stock after selling 34,200 shares during the quarter. Renaissance Technologies LLC owned 2.70% of SunCoke Energy worth $24,329,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of the business. Pacer Advisors Inc. acquired a new stake in SunCoke Energy in the 4th quarter worth approximately $27,164,000. Norges Bank acquired a new stake in SunCoke Energy during the fourth quarter worth about $11,841,000. Jane Street Group LLC increased its holdings in SunCoke Energy by 450.3% in the third quarter. Jane Street Group LLC now owns 665,054 shares of the energy company's stock valued at $5,773,000 after buying an additional 544,194 shares in the last quarter. American Century Companies Inc. grew its holdings 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 valued at $32,985,000 after purchasing an additional 306,356 shares during the period. Finally, Trexquant Investment LP raised its holdings in shares of SunCoke Energy by 77.0% during the fourth quarter. Trexquant Investment LP now owns 628,643 shares of the energy company's stock valued at $6,726,000 after acquiring an additional 273,505 shares during the last quarter. Hedge funds and other institutional investors own 90.45% of the company's stock.
SunCoke Energy Trading Up 1.1 %
Shares of SXC traded up $0.11 during mid-day trading on Friday, reaching $9.34. The stock had a trading volume of 676,127 shares, compared to its average volume of 900,233. SunCoke Energy, Inc. has a 52-week low of $7.47 and a 52-week 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. The firm has a market cap of $790.17 million, a price-to-earnings ratio of 8.33 and a beta of 0.90. The business's fifty day moving average is $9.15 and its 200 day moving average is $10.06.
SunCoke Energy (NYSE:SXC - Get Free Report) last released 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 return on equity of 14.31% and a net margin of 4.95%. On average, sell-side analysts predict that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.
SunCoke Energy Dividend Announcement
The company also recently disclosed 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 annualized dividend and a yield of 5.14%. SunCoke Energy's dividend payout ratio is currently 42.86%.
SunCoke Energy Profile
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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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