SunCoke Energy, Inc. (NYSE:SXC) Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP boosted its stake in SunCoke Energy, Inc. (NYSE:SXC) by 112.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,855 shares of the energy company’s stock after acquiring an additional 93,644 shares during the period. GSA Capital Partners LLP owned 0.21% of SunCoke Energy worth $1,535,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SXC. Jacobs Levy Equity Management Inc. increased its holdings in shares of SunCoke Energy by 84.6% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 724,886 shares of the energy company’s stock valued at $8,169,000 after acquiring an additional 332,197 shares during the last quarter. American Century Companies Inc. increased its stake in SunCoke Energy by 13.2% during the second quarter. American Century Companies Inc. now owns 2,512,292 shares of the energy company’s stock valued at $24,620,000 after purchasing an additional 292,050 shares during the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of SunCoke Energy by 50.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 453,087 shares of the energy company’s stock worth $5,106,000 after purchasing an additional 152,002 shares during the period. Pacer Advisors Inc. lifted its position in shares of SunCoke Energy by 3.1% in the 2nd quarter. Pacer Advisors Inc. now owns 4,708,272 shares of the energy company’s stock worth $46,141,000 after buying an additional 139,971 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of SunCoke Energy by 111.3% in the 2nd quarter. Bank of Montreal Can now owns 176,260 shares of the energy company’s stock valued at $1,729,000 after buying an additional 92,827 shares during the period. 90.45% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SXC. Benchmark reiterated a “buy” rating and set a $13.00 price objective on shares of SunCoke Energy in a research note on Tuesday, November 5th. StockNews.com raised SunCoke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th.

SunCoke Energy Stock Down 0.6 %

SXC stock opened at $12.57 on Wednesday. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. The firm’s 50-day simple moving average is $8.95 and its 200 day simple moving average is $9.57. The stock has a market cap of $1.06 billion, a PE ratio of 12.57 and a beta of 1.02. SunCoke Energy, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $12.81.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings data on Thursday, October 31st. The energy company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.14. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. The business had revenue of $490.10 million during the quarter, compared to the consensus estimate of $412.70 million. During the same period in the previous year, the firm posted $0.08 earnings per share. The business’s revenue was down 5.8% on a year-over-year basis. As a group, sell-side analysts predict that SunCoke Energy, Inc. will post 1.14 EPS for the current year.

SunCoke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 14th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend is Thursday, November 14th. SunCoke Energy’s payout ratio is currently 48.00%.

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.