SG Americas Securities LLC Sells 51,047 Shares of SunCoke Energy, Inc. (NYSE:SXC)

SG Americas Securities LLC trimmed its stake in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 66.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,775 shares of the energy company's stock after selling 51,047 shares during the quarter. SG Americas Securities LLC's holdings in SunCoke Energy were worth $276,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. State Street Corp boosted its stake in SunCoke Energy by 3.5% in the 3rd quarter. State Street Corp now owns 4,848,334 shares of the energy company's stock worth $42,084,000 after buying an additional 163,839 shares during the last quarter. Geode Capital Management LLC grew its stake in SunCoke Energy by 2.1% during the 3rd 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 in the last quarter. JPMorgan Chase & Co. increased its position in shares of SunCoke Energy by 28.9% in the 3rd 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 during the last quarter. Jane Street Group LLC raised its stake in 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 buying an additional 544,194 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in SunCoke Energy during the third quarter worth $5,470,000. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Benchmark reissued a "buy" rating and set a $13.00 target price on shares of SunCoke Energy in a research note on Tuesday, November 5th. StockNews.com upgraded shares of SunCoke Energy from a "hold" rating to a "buy" rating in a research report on Wednesday, October 16th.

SunCoke Energy Stock Down 2.3 %

SXC stock traded down $0.23 during trading hours on Thursday, hitting $9.58. The company's stock had a trading volume of 689,418 shares, compared to its average volume of 905,197. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82. The stock has a 50 day moving average price of $10.85 and a two-hundred day moving average price of $9.99. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $805.16 million, a PE ratio of 8.55 and a beta of 1.06.

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

SunCoke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date of this dividend is Friday, February 14th. 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.