JPMorgan Chase & Co. Sells 84,953 Shares of SunCoke Energy, Inc. (NYSE:SXC)

JPMorgan Chase & Co. decreased its position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 10.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 767,098 shares of the energy company's stock after selling 84,953 shares during the period. JPMorgan Chase & Co. owned about 0.91% of SunCoke Energy worth $8,208,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SXC. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of SunCoke Energy by 835.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock worth $38,000 after buying an additional 3,242 shares during the period. EntryPoint Capital LLC lifted its stake in SunCoke Energy by 36.1% in the 4th quarter. EntryPoint Capital LLC now owns 29,819 shares of the energy company's stock worth $319,000 after acquiring an additional 7,915 shares in the last quarter. Prudential Financial Inc. boosted its position in SunCoke Energy by 59.9% during the 4th quarter. Prudential Financial Inc. now owns 324,664 shares of the energy company's stock worth $3,474,000 after acquiring an additional 121,600 shares during the period. Vanguard Group Inc. grew its stake in SunCoke Energy by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 6,993,020 shares of the energy company's stock valued at $74,825,000 after acquiring an additional 19,644 shares in the last quarter. Finally, Fox Run Management L.L.C. increased its holdings in shares of SunCoke Energy by 73.9% in the 4th quarter. Fox Run Management L.L.C. now owns 51,642 shares of the energy company's stock valued at $553,000 after purchasing an additional 21,943 shares during the period. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Stock Up 1.1 %

Shares of NYSE SXC traded up $0.11 during mid-day trading on Friday, reaching $9.34. The company had a trading volume of 676,127 shares, compared to its average volume of 903,219. The stock has a fifty day moving average of $9.14 and a two-hundred day moving average of $10.09. 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 $790.17 million, a price-to-earnings ratio of 8.33 and a beta of 0.90. 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 (NYSE:SXC - Get Free Report) last released its earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 expect that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 5.14%. SunCoke Energy's dividend payout ratio (DPR) is currently 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.