Thrivent Financial for Lutherans Reduces Position in SunCoke Energy, Inc. (NYSE:SXC)

Thrivent Financial for Lutherans trimmed its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 45.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 66,036 shares of the energy company's stock after selling 54,614 shares during the quarter. Thrivent Financial for Lutherans owned 0.08% of SunCoke Energy worth $573,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. GSA Capital Partners LLP raised its holdings 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 worth $1,535,000 after buying an additional 93,644 shares during the period. Bank of Montreal Can increased its stake in SunCoke Energy by 111.3% in the second quarter. Bank of Montreal Can now owns 176,260 shares of the energy company's stock valued at $1,729,000 after acquiring an additional 92,827 shares during the period. CWA Asset Management Group LLC acquired a new position in SunCoke Energy in the third quarter valued at about $497,000. Semanteon Capital Management LP bought a new stake in SunCoke Energy during the 3rd quarter worth about $802,000. Finally, SG Americas Securities LLC acquired a new position in SunCoke Energy during the 3rd quarter valued at about $667,000. Institutional investors and hedge funds own 90.45% of the company's stock.

SunCoke Energy Price Performance

Shares of NYSE:SXC traded down $0.02 on Thursday, hitting $12.46. The company had a trading volume of 438,458 shares, compared to its average volume of 836,936. The business has a 50 day moving average of $10.37 and a 200 day moving average of $9.82. 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, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. The company has a market cap of $1.05 billion, a PE ratio of 12.49 and a beta of 1.07.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.14. The firm 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%. The firm's revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.08 EPS. As a group, equities analysts anticipate that SunCoke Energy, Inc. will post 1.14 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend was Thursday, November 14th. SunCoke Energy's payout ratio is 48.00%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on SXC shares. Benchmark reissued a "buy" rating and set a $13.00 price target on shares of SunCoke Energy in a research report on Tuesday, November 5th. StockNews.com upgraded 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.