SunCoke Energy, Inc. (NYSE:SXC) Position Lifted by Ritholtz Wealth Management

Ritholtz Wealth Management lifted its holdings in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 119.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,211 shares of the energy company's stock after acquiring an additional 70,749 shares during the period. Ritholtz Wealth Management owned approximately 0.15% of SunCoke Energy worth $1,198,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SXC. Van ECK Associates Corp increased its position in shares of SunCoke Energy by 3.7% in the fourth quarter. Van ECK Associates Corp now owns 83,393 shares of the energy company's stock worth $892,000 after acquiring an additional 2,945 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of SunCoke Energy by 2.9% in the fourth quarter. Principal Financial Group Inc. now owns 407,846 shares of the energy company's stock worth $4,364,000 after acquiring an additional 11,473 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of SunCoke Energy by 3.6% in the fourth quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company's stock worth $492,000 after acquiring an additional 1,592 shares in the last quarter. Alberta Investment Management Corp increased its position in shares of SunCoke Energy by 29.0% in the fourth quarter. Alberta Investment Management Corp now owns 86,700 shares of the energy company's stock worth $928,000 after acquiring an additional 19,500 shares in the last quarter. Finally, Navellier & Associates Inc. increased its position in shares of SunCoke Energy by 11.3% in the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock worth $121,000 after acquiring an additional 1,152 shares in the last quarter. Institutional investors and hedge funds own 90.45% of the company's stock.

SunCoke Energy Trading Down 4.3%

Shares of SunCoke Energy stock traded down $0.36 during trading hours on Friday, hitting $8.00. The company's stock had a trading volume of 3,330,093 shares, compared to its average volume of 942,801. The business has a fifty day moving average of $8.73 and a 200 day moving average of $9.49. The company has a market capitalization of $677.37 million, a PE ratio of 7.34 and a beta of 1.11. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The company has a quick ratio of 1.39, a current ratio of 2.40 and a debt-to-equity ratio of 0.69.

SunCoke Energy (NYSE:SXC - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The energy company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.03. The business had revenue of $436.00 million during 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 13.40%. The business's revenue was down 10.7% on a year-over-year basis. During the same period last year, the business earned $0.23 EPS. As a group, equities analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 16th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date was Friday, May 16th. SunCoke Energy's payout ratio 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.