Y Intercept Hong Kong Ltd Sells 38,137 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Y Intercept Hong Kong Ltd lowered its stake in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 58.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,730 shares of the energy company's stock after selling 38,137 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in SunCoke Energy were worth $286,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. GSA Capital Partners LLP increased its stake in SunCoke Energy by 112.5% during the 3rd quarter. GSA Capital Partners LLP now owns 176,855 shares of the energy company's stock valued at $1,535,000 after purchasing an additional 93,644 shares in the last quarter. Barclays PLC boosted its holdings in shares of SunCoke Energy by 257.0% in the 3rd quarter. Barclays PLC now owns 202,890 shares of the energy company's stock worth $1,763,000 after buying an additional 146,065 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of SunCoke Energy by 450.3% in the 3rd quarter. Jane Street Group LLC now owns 665,054 shares of the energy company's stock worth $5,773,000 after buying an additional 544,194 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in SunCoke Energy by 28.9% during the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company's stock valued at $7,396,000 after purchasing an additional 191,235 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd lifted its holdings in SunCoke Energy by 182.4% during the third quarter. Dynamic Technology Lab Private Ltd now owns 127,344 shares of the energy company's stock valued at $1,105,000 after purchasing an additional 82,244 shares during the last quarter. Institutional investors own 90.45% of the company's stock.

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SunCoke Energy Stock Performance

NYSE SXC traded up $0.07 during trading on Friday, hitting $9.06. 881,014 shares of the company's stock traded hands, compared to its average volume of 846,047. The business has a 50 day moving average of $9.84 and a 200-day moving average of $9.93. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month high of $12.82. The stock has a market capitalization of $763.81 million, a price-to-earnings ratio of 8.08 and a beta of 1.06. 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 (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 net margin of 4.95% and a return on equity of 14.31%. As a group, equities research analysts anticipate that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date was Friday, February 14th. SunCoke Energy's payout ratio is currently 42.86%.

About SunCoke Energy

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.