Dark Forest Capital Management LP Raises Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Dark Forest Capital Management LP grew its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 241.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,130 shares of the energy company's stock after acquiring an additional 41,806 shares during the period. Dark Forest Capital Management LP owned about 0.07% of SunCoke Energy worth $633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Navellier & Associates Inc. grew its holdings in SunCoke Energy by 11.3% during the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock valued at $121,000 after purchasing an additional 1,152 shares during the period. Walleye Capital LLC raised its holdings in SunCoke Energy by 8.4% during the fourth quarter. Walleye Capital LLC now owns 17,268 shares of the energy company's stock valued at $185,000 after acquiring an additional 1,332 shares during the period. Sanctuary Advisors LLC raised its holdings in SunCoke Energy by 3.6% during the fourth quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company's stock valued at $492,000 after acquiring an additional 1,592 shares during the period. Bank of Montreal Can boosted its stake in shares of SunCoke Energy by 3.0% in the fourth quarter. Bank of Montreal Can now owns 58,050 shares of the energy company's stock worth $621,000 after acquiring an additional 1,709 shares during the period. Finally, GAMMA Investing LLC raised its stake in SunCoke Energy by 71.3% during the 4th quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock valued at $44,000 after purchasing an additional 1,730 shares during the period. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Price Performance

SXC stock traded up $0.06 during midday trading on Thursday, hitting $9.12. The company's stock had a trading volume of 208,788 shares, compared to its average volume of 900,610. The firm has a market capitalization of $771.55 million, a price-to-earnings ratio of 8.14 and a beta of 0.90. The company has a 50 day moving average of $9.12 and a two-hundred day moving average of $10.12. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71.

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

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.