SunCoke Energy, Inc. (NYSE:SXC) Shares Acquired by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP boosted its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 208.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,633 shares of the energy company's stock after buying an additional 38,942 shares during the period. Brevan Howard Capital Management LP owned approximately 0.07% of SunCoke Energy worth $617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of SunCoke Energy by 835.6% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock valued at $38,000 after buying an additional 3,242 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of SunCoke Energy by 71.3% during 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 during the period. KBC Group NV increased its holdings in SunCoke Energy by 61.1% in the 4th 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 period. Tocqueville Asset Management L.P. purchased a new position in SunCoke Energy during the 4th quarter worth approximately $118,000. Finally, Navellier & Associates Inc. lifted its stake in SunCoke Energy by 11.3% during the 4th quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock valued at $121,000 after acquiring an additional 1,152 shares during the period. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Stock Performance

Shares of NYSE SXC traded up $0.26 during trading on Monday, reaching $8.79. 765,817 shares of the company traded hands, compared to its average volume of 904,424. 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 12-month low of $7.47 and a 12-month high of $12.82. The firm's fifty day simple moving average is $9.09 and its 200 day simple moving average is $10.15. The stock has a market cap of $744.08 million, a P/E ratio of 7.85 and a beta of 1.18.

SunCoke Energy (NYSE:SXC - Get Free Report) last released its earnings results on Wednesday, April 30th. The energy company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.03. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. The business had revenue of $436.00 million during the quarter, compared to analysts' expectations of $371.60 million. During the same quarter in the previous year, the company earned $0.23 earnings per share. The company's quarterly revenue was down 10.7% on a year-over-year basis. As a group, research analysts anticipate that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 16th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.46%. The ex-dividend date is Friday, May 16th. SunCoke Energy's dividend payout ratio (DPR) is presently 44.04%.

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.