Jane Street Group LLC Has $5.77 Million Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Jane Street Group LLC raised its position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 450.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 665,054 shares of the energy company's stock after purchasing an additional 544,194 shares during the period. Jane Street Group LLC owned approximately 0.79% of SunCoke Energy worth $5,773,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Weiss Asset Management LP acquired a new position in shares of SunCoke Energy in the 3rd quarter valued at approximately $1,926,000. State Street Corp boosted its holdings in shares of SunCoke Energy by 3.5% in the third 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 during the period. Quadrature Capital Ltd bought a new stake in shares of SunCoke Energy during the third quarter worth $177,000. Quantinno Capital Management LP acquired a new stake in shares of SunCoke Energy during the third quarter worth $181,000. Finally, Petrus Trust Company LTA lifted its position in SunCoke Energy by 160.3% in the 3rd quarter. Petrus Trust Company LTA now owns 87,273 shares of the energy company's stock valued at $758,000 after acquiring an additional 53,739 shares in the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Down 0.8 %

SunCoke Energy stock traded down $0.09 during mid-day trading on Monday, reaching $11.82. The company's stock had a trading volume of 915,574 shares, compared to its average volume of 836,321. The business's 50 day simple moving average is $10.93 and its 200 day simple moving average is $9.90. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82. The company has a market capitalization of $993.94 million, a price-to-earnings ratio of 11.82 and a beta of 1.07.

SunCoke Energy (NYSE:SXC - Get Free Report) last released its earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.14. The business had revenue of $490.10 million for the quarter, compared to the consensus estimate of $412.70 million. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. SunCoke Energy's quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.08 earnings per share. As a group, research analysts anticipate that SunCoke Energy, Inc. will post 1.14 earnings per share for the current year.

SunCoke Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 14th were paid a $0.12 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.48 annualized dividend and a yield of 4.06%. SunCoke Energy's dividend payout ratio (DPR) is currently 48.00%.

Wall Street Analyst Weigh In

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

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.