New Age Alpha Advisors LLC Invests $2.01 Million in SunCoke Energy, Inc. (NYSE:SXC)

Key Points

• New Age Alpha Advisors LLC has invested approximately $2.01 million in SunCoke Energy, purchasing 218,466 shares, which represents about 0.26% of the company.
• SunCoke Energy reported earnings per share (EPS) of $0.02 for the last quarter, missing the consensus estimate of $0.15 and down from $0.25 EPS in the same period last year.
• The company recently announced a quarterly dividend of $0.12 per share, reflecting an annualized yield of 6.6%.

New Age Alpha Advisors LLC bought a new stake in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 218,466 shares of the energy company's stock, valued at approximately $2,010,000. New Age Alpha Advisors LLC owned about 0.26% of SunCoke Energy as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Walleye Capital LLC lifted its position in shares of SunCoke Energy by 8.4% during the fourth quarter. Walleye Capital LLC now owns 17,268 shares of the energy company's stock worth $185,000 after purchasing an additional 1,332 shares during the last quarter. State of Wyoming increased its stake in SunCoke Energy by 5.0% in the 4th quarter. State of Wyoming now owns 30,608 shares of the energy company's stock worth $328,000 after buying an additional 1,452 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in SunCoke Energy by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,680 shares of the energy company's stock valued at $510,000 after buying an additional 1,664 shares in the last quarter. Versant Capital Management Inc boosted its position in SunCoke Energy by 61.6% in the 1st quarter. Versant Capital Management Inc now owns 4,416 shares of the energy company's stock valued at $41,000 after buying an additional 1,683 shares during the period. Finally, Bank of Montreal Can boosted its position in SunCoke Energy by 3.0% in the 4th quarter. Bank of Montreal Can now owns 58,050 shares of the energy company's stock valued at $621,000 after buying an additional 1,709 shares during the period. Hedge funds and other institutional investors own 90.45% of the company's stock.

SunCoke Energy Stock Performance

Shares of NYSE:SXC opened at $7.28 on Thursday. The firm's 50 day simple moving average is $8.25 and its 200-day simple moving average is $8.88. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.45 and a current ratio of 2.61. SunCoke Energy, Inc. has a one year low of $7.18 and a one year high of $12.82. The firm has a market cap of $615.95 million, a PE ratio of 8.46 and a beta of 1.10.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.13). The firm had revenue of $434.10 million during the quarter, compared to the consensus estimate of $348.05 million. SunCoke Energy had a return on equity of 10.43% and a net margin of 3.99%. The firm's revenue for the quarter was down 7.8% compared to the same quarter last year. During the same period last year, the company earned $0.25 EPS. As a group, equities analysts predict that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $0.48 dividend on an annualized basis and a yield of 6.6%. SunCoke Energy's dividend payout ratio is 55.81%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.