Gotham Asset Management LLC Makes New $555,000 Investment in SunCoke Energy, Inc. (NYSE:SXC)

Gotham Asset Management LLC acquired a new stake in SunCoke Energy, Inc. (NYSE:SXC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 51,844 shares of the energy company's stock, valued at approximately $555,000. Gotham Asset Management LLC owned approximately 0.06% of SunCoke Energy as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. acquired 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 4th quarter worth $11,841,000. D. E. Shaw & Co. Inc. grew its stake in SunCoke Energy by 73.2% in the 4th 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 holdings in SunCoke Energy by 67.1% in the 4th quarter. Jane Street Group LLC now owns 1,111,217 shares of the energy company's stock worth $11,890,000 after acquiring an additional 446,163 shares during the period. Finally, American Century Companies Inc. raised its holdings in SunCoke Energy by 11.0% in the 4th quarter. American Century Companies Inc. now owns 3,082,691 shares of the energy company's stock worth $32,985,000 after acquiring an additional 306,356 shares during the period. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Performance

SXC stock traded down $0.30 during mid-day trading on Thursday, reaching $8.38. 533,663 shares of the stock traded hands, compared to its average volume of 910,124. The firm has a market capitalization of $708.95 million, a PE ratio of 7.48 and a beta of 1.18. The business has a 50-day moving average of $9.04 and a two-hundred day moving average of $10.12. SunCoke Energy, Inc. has a 52 week low of $7.47 and a 52 week 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 posted its quarterly earnings data on Wednesday, April 30th. The energy company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.03. The business 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 14.31% and a net margin of 4.95%. The firm's revenue was down 10.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 EPS. As a group, equities analysts predict that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders 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 dividend yield of 5.73%. The ex-dividend date is Friday, May 16th. SunCoke Energy's dividend payout ratio is currently 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.