CWA Asset Management Group LLC Purchases 98,962 Shares of SunCoke Energy, Inc. (NYSE:SXC)

CWA Asset Management Group LLC raised its position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 142.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 168,288 shares of the energy company's stock after buying an additional 98,962 shares during the quarter. CWA Asset Management Group LLC owned about 0.20% of SunCoke Energy worth $1,548,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in SunCoke Energy by 835.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock valued at $38,000 after acquiring an additional 3,242 shares during the period. Versant Capital Management Inc increased its stake in shares of SunCoke Energy by 61.6% in the first quarter. Versant Capital Management Inc now owns 4,416 shares of the energy company's stock worth $41,000 after purchasing an additional 1,683 shares in the last quarter. Virtus Fund Advisers LLC bought a new stake in shares of SunCoke Energy in the fourth quarter valued at approximately $57,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of SunCoke Energy during the 1st quarter valued at approximately $106,000. Finally, Tocqueville Asset Management L.P. bought a new position in SunCoke Energy in the 4th quarter worth approximately $118,000. 90.45% of the stock is currently owned by institutional investors.

SunCoke Energy Stock Up 0.7%

SunCoke Energy stock opened at $8.34 on Friday. The firm has a 50 day simple moving average of $8.75 and a 200 day simple moving average of $9.54. The company has a current ratio of 2.40, a quick ratio of 1.39 and a debt-to-equity ratio of 0.69. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The firm has a market capitalization of $706.32 million, a price-to-earnings ratio of 7.66 and a beta of 1.11.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The energy company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.03. The company had revenue of $436.00 million during the quarter, compared to analysts' expectations of $371.60 million. SunCoke Energy had a return on equity of 13.40% and a net margin of 4.95%. The firm's quarterly revenue was down 10.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.23 earnings per share. On average, analysts predict that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Friday, May 16th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.75%. The ex-dividend date was Friday, May 16th. SunCoke Energy's dividend payout ratio is presently 44.04%.

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.

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