Trexquant Investment LP Acquires 273,505 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Trexquant Investment LP lifted its position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 77.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 628,643 shares of the energy company's stock after buying an additional 273,505 shares during the quarter. Trexquant Investment LP owned about 0.75% of SunCoke Energy worth $6,726,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in SXC. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in 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 acquiring an additional 3,242 shares in the last quarter. GAMMA Investing LLC boosted its holdings in SunCoke Energy by 71.3% in the fourth quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock worth $44,000 after purchasing an additional 1,730 shares in the last quarter. KBC Group NV increased its position in SunCoke Energy by 61.1% during the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company's stock worth $65,000 after buying an additional 2,307 shares during the last quarter. Tocqueville Asset Management L.P. bought a new position in SunCoke Energy during the fourth quarter valued at about $118,000. Finally, XTX Topco Ltd acquired a new stake in shares of SunCoke Energy in the third quarter worth about $120,000. Institutional investors and hedge funds own 90.45% of the company's stock.

SunCoke Energy Stock Down 0.2 %

Shares of NYSE SXC traded down $0.02 during mid-day trading on Monday, reaching $8.27. 1,198,620 shares of the company traded hands, compared to its average volume of 886,556. The company's fifty day moving average is $9.34 and its two-hundred day moving average is $10.06. 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, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $12.82. The stock has a market cap of $697.17 million, a PE ratio of 7.38 and a beta of 0.90.

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SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. On average, analysts expect that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.81%. The ex-dividend date was Friday, February 14th. SunCoke Energy's dividend payout ratio is currently 42.86%.

SunCoke Energy Company 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.