SunCoke Energy, Inc. $SXC Shares Purchased by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA has increased its holdings in SunCoke Energy, Inc. by 118.5%, owning 92,365 shares valued at $850,000 after acquiring an additional 50,095 shares during the first quarter.
• SunCoke Energy reported a net loss of $0.02 per share for the last quarter, missing the consensus estimate of $0.15, despite a revenue of $434.1 million which exceeded analyst expectations.
• The company announced a quarterly dividend of $0.12, resulting in an annualized dividend yield of 6.1%, with a payout ratio of 55.81%.

Petrus Trust Company LTA grew its stake in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 118.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 92,365 shares of the energy company's stock after buying an additional 50,095 shares during the quarter. Petrus Trust Company LTA owned 0.11% of SunCoke Energy worth $850,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. State of Wyoming raised its position in SunCoke Energy by 5.0% during 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in SunCoke Energy by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,680 shares of the energy company's stock worth $510,000 after purchasing an additional 1,664 shares in the last quarter. Versant Capital Management Inc boosted its holdings 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 purchasing an additional 1,683 shares in the last quarter. Quarry LP increased its position in SunCoke Energy by 16.5% during the 1st quarter. Quarry LP now owns 13,611 shares of the energy company's stock worth $125,000 after purchasing an additional 1,923 shares during the period. Finally, Quantinno Capital Management LP lifted its holdings in shares of SunCoke Energy by 14.2% in the 4th quarter. Quantinno Capital Management LP now owns 23,798 shares of the energy company's stock valued at $255,000 after buying an additional 2,968 shares during the period. 90.45% of the stock is owned by institutional investors and hedge funds.

SunCoke Energy Price Performance

NYSE:SXC traded up $0.03 during trading hours on Thursday, hitting $7.78. The company's stock had a trading volume of 858,195 shares, compared to its average volume of 966,773. 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 52-week low of $7.18 and a 52-week high of $12.82. The company has a market capitalization of $658.31 million, a PE ratio of 9.04 and a beta of 1.07. The business's 50-day moving average is $7.95 and its two-hundred day moving average is $8.51.

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

SunCoke Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Friday, August 15th. SunCoke Energy's dividend payout ratio (DPR) is presently 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.