Deutsche Bank AG Acquires 169,784 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Deutsche Bank AG raised its position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 60.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 450,597 shares of the energy company's stock after buying an additional 169,784 shares during the quarter. Deutsche Bank AG owned about 0.54% of SunCoke Energy worth $4,821,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of SunCoke Energy by 835.6% during 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 purchasing an additional 3,242 shares during the last quarter. KBC Group NV grew its holdings in shares of SunCoke Energy by 61.1% during the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company's stock valued at $65,000 after purchasing an additional 2,307 shares during the last quarter. Tocqueville Asset Management L.P. bought a new stake in shares of SunCoke Energy during the 4th quarter valued at approximately $118,000. Navellier & Associates Inc. grew its holdings in shares of 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 purchasing an additional 1,152 shares during the last quarter. Finally, Quarry LP bought a new stake in shares of SunCoke Energy during the 4th quarter valued at approximately $125,000. 90.45% of the stock is owned by institutional investors.

SunCoke Energy Price Performance

Shares of SunCoke Energy stock traded down $0.30 during midday trading on Thursday, hitting $8.38. 533,663 shares of the company traded hands, compared to its average volume of 910,124. The stock has a market cap of $708.95 million, a price-to-earnings ratio of 7.48 and a beta of 1.18. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. The firm's fifty day moving average price is $9.04 and its 200-day moving average price is $10.12. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82.

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 (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.03. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. The company had revenue of $436.00 million for the quarter, compared to analyst estimates of $371.60 million. During the same period in the previous year, the firm posted $0.23 EPS. The firm's revenue was down 10.7% on a year-over-year basis. As a group, sell-side analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, May 16th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date of this dividend is Friday, May 16th. SunCoke Energy's payout ratio is 44.04%.

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.