GSA Capital Partners LLP Has $1.54 Million Stake in SunCoke Energy, Inc. (NYSE:SXC)

GSA Capital Partners LLP raised its position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 112.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,855 shares of the energy company's stock after purchasing an additional 93,644 shares during the period. GSA Capital Partners LLP owned 0.21% of SunCoke Energy worth $1,535,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SXC. nVerses Capital LLC raised its stake in shares of SunCoke Energy by 488.9% during the 3rd quarter. nVerses Capital LLC now owns 5,300 shares of the energy company's stock worth $46,000 after purchasing an additional 4,400 shares in the last quarter. Innealta Capital LLC bought a new position in shares of SunCoke Energy in the 2nd quarter valued at approximately $70,000. Optas LLC bought a new position in shares of SunCoke Energy in the 3rd quarter valued at approximately $88,000. Algert Global LLC bought a new position in shares of SunCoke Energy in the 2nd quarter valued at approximately $107,000. Finally, Retirement Investment Advisors Inc. bought a new position in shares of SunCoke Energy in the 2nd quarter valued at approximately $110,000. 90.45% of the stock is owned by hedge funds and other institutional investors.

SunCoke Energy Stock Performance

SXC traded down $0.06 during midday trading on Wednesday, reaching $12.51. The company's stock had a trading volume of 794,130 shares, compared to its average volume of 849,090. SunCoke Energy, Inc. has a twelve month low of $7.47 and a twelve month high of $12.81. The stock has a market cap of $1.05 billion, a P/E ratio of 12.40 and a beta of 1.02. The company has a fifty day simple moving average of $8.95 and a 200 day simple moving average of $9.57. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The energy company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.14. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. The company had revenue of $490.10 million for the quarter, compared to analyst estimates of $412.70 million. During the same quarter last year, the firm earned $0.08 EPS. SunCoke Energy's revenue for the quarter was down 5.8% compared to the same quarter last year. Research analysts expect that SunCoke Energy, Inc. will post 1.14 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 14th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.84%. The ex-dividend date is Thursday, November 14th. SunCoke Energy's dividend payout ratio is 48.00%.

Wall Street Analyst Weigh In

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

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.