Deutsche Bank AG Grows Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Deutsche Bank AG increased its holdings in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 60.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 450,597 shares of the energy company's stock after buying an additional 169,784 shares during the quarter. Deutsche Bank AG owned 0.54% of SunCoke Energy worth $4,821,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Pacer Advisors Inc. purchased a new position in SunCoke Energy during the fourth quarter valued at approximately $27,164,000. Norges Bank bought a new stake in shares of SunCoke Energy during the fourth quarter valued at approximately $11,841,000. D. E. Shaw & Co. Inc. raised its position in shares of SunCoke Energy by 73.2% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,465,691 shares of the energy company's stock valued at $15,683,000 after buying an additional 619,532 shares during the last quarter. Jane Street Group LLC raised its position in shares of SunCoke Energy by 67.1% during the fourth quarter. Jane Street Group LLC now owns 1,111,217 shares of the energy company's stock valued at $11,890,000 after buying an additional 446,163 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of SunCoke Energy by 11.0% during the fourth quarter. American Century Companies Inc. now owns 3,082,691 shares of the energy company's stock valued at $32,985,000 after buying an additional 306,356 shares during the last quarter. Hedge funds and other institutional investors own 90.45% of the company's stock.

SunCoke Energy Price Performance

Shares of SunCoke Energy stock traded up $0.04 on Friday, hitting $8.40. 563,013 shares of the company traded hands, compared to its average volume of 913,310. The stock has a market capitalization of $711.07 million, a P/E ratio of 7.50 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. SunCoke Energy, Inc. has a 52 week low of $7.47 and a 52 week high of $12.82. The business has a 50-day simple moving average of $9.01 and a 200 day simple moving average of $10.07.

SunCoke Energy (NYSE:SXC - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $436.00 million for the quarter, compared to analysts' expectations of $371.60 million. During the same quarter last year, the business posted $0.23 earnings per share. The company's revenue for the quarter was down 10.7% compared to the same quarter last year. Research analysts expect that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, May 16th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date is Friday, May 16th. SunCoke Energy's dividend payout ratio (DPR) 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.