Gotham Asset Management LLC Takes $555,000 Position in SunCoke Energy, Inc. (NYSE:SXC)

Gotham Asset Management LLC bought a new position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 51,844 shares of the energy company's stock, valued at approximately $555,000. Gotham Asset Management LLC owned about 0.06% of SunCoke Energy at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Northern Trust Corp raised its holdings in shares of SunCoke Energy by 15.5% during the fourth quarter. Northern Trust Corp now owns 933,091 shares of the energy company's stock worth $9,984,000 after purchasing an additional 125,414 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of SunCoke Energy during the fourth quarter worth $469,000. Prudential Financial Inc. raised its holdings in shares of SunCoke Energy by 59.9% during the fourth quarter. Prudential Financial Inc. now owns 324,664 shares of the energy company's stock worth $3,474,000 after purchasing an additional 121,600 shares during the last quarter. Veracity Capital LLC purchased a new position in shares of SunCoke Energy during the fourth quarter worth $453,000. Finally, Teacher Retirement System of Texas grew its position in SunCoke Energy by 104.9% during the fourth quarter. Teacher Retirement System of Texas now owns 136,500 shares of the energy company's stock valued at $1,461,000 after buying an additional 69,891 shares during the period. Hedge funds and other institutional investors own 90.45% of the company's stock.

SunCoke Energy Stock Performance

SXC stock traded up $0.04 during midday trading on Friday, hitting $8.40. 563,013 shares of the stock traded hands, compared to its average volume of 913,310. The firm has a market cap 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 current ratio of 2.22 and a quick ratio of 1.27. The stock's fifty day simple moving average is $9.01 and its 200-day simple moving average is $10.07. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82.

SunCoke Energy (NYSE:SXC - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The energy company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. The company had revenue of $436.00 million for 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 firm's revenue was down 10.7% on a year-over-year basis. During the same quarter last year, the business earned $0.23 earnings per share. On average, analysts expect that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

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