Squarepoint Ops LLC Acquires 46,975 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Squarepoint Ops LLC raised its holdings in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 329.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,229 shares of the energy company's stock after acquiring an additional 46,975 shares during the period. Squarepoint Ops LLC owned about 0.07% of SunCoke Energy worth $655,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State of Wyoming boosted its stake in shares of SunCoke Energy by 5.0% in the 4th quarter. State of Wyoming now owns 30,608 shares of the energy company's stock valued at $328,000 after purchasing an additional 1,452 shares in the last quarter. ProShare Advisors LLC lifted its stake in SunCoke Energy by 44.4% in the 4th quarter. ProShare Advisors LLC now owns 25,255 shares of the energy company's stock valued at $270,000 after purchasing an additional 7,770 shares during the last quarter. Quantinno Capital Management LP lifted its stake in 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 purchasing an additional 2,968 shares during the last quarter. Numerai GP LLC acquired a new stake in SunCoke Energy in the fourth quarter valued at approximately $740,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in SunCoke Energy by 3.6% in the fourth 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. Institutional investors own 90.45% of the company's stock.

SunCoke Energy Price Performance

Shares of NYSE:SXC traded up $0.12 during trading on Friday, hitting $8.24. 705,009 shares of the company were exchanged, compared to its average volume of 927,899. The business's 50 day moving average is $8.81 and its 200-day moving average is $9.80. The company has a market capitalization of $697.10 million, a P/E ratio of 7.35 and a beta of 1.18. 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, 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 issued its quarterly earnings data on Wednesday, April 30th. The energy company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.03. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. The business had revenue of $436.00 million for the quarter, compared to analyst estimates of $371.60 million. During the same quarter in the previous year, the company posted $0.23 EPS. SunCoke Energy's quarterly revenue was down 10.7% compared to the same quarter last year. Equities analysts forecast 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 was paid on Monday, June 2nd. Stockholders of record on Friday, May 16th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.83%. The ex-dividend date of this dividend was Friday, May 16th. SunCoke Energy's dividend payout ratio (DPR) 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.