SunCoke Energy, Inc. $SXC Stock Holdings Lifted by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC increased its stake in SunCoke Energy by 47.7%, now owning 166,454 shares valued at approximately $1.53 million.
• SunCoke Energy reported a net margin of 3.99% and a quarterly revenue of $434.10 million, which exceeded analysts' estimates but represented a 7.8% decline compared to the previous year.
• The company declared a quarterly dividend of $0.12 per share, yielding 6.1%, with a payout ratio of 55.81%.

Voya Investment Management LLC boosted its stake in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 47.7% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 166,454 shares of the energy company's stock after purchasing an additional 53,745 shares during the period. Voya Investment Management LLC owned about 0.20% of SunCoke Energy worth $1,531,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. LSV Asset Management lifted its stake in shares of SunCoke Energy by 35.1% in the first quarter. LSV Asset Management now owns 2,994,312 shares of the energy company's stock worth $27,548,000 after buying an additional 777,807 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of SunCoke Energy in the 4th quarter worth about $4,401,000. Cubist Systematic Strategies LLC lifted its position in SunCoke Energy by 58.4% during the 1st quarter. Cubist Systematic Strategies LLC now owns 860,970 shares of the energy company's stock worth $7,921,000 after buying an additional 317,502 shares in the last quarter. American Century Companies Inc. lifted its position in SunCoke Energy by 10.0% during the 1st quarter. American Century Companies Inc. now owns 3,390,806 shares of the energy company's stock worth $31,195,000 after buying an additional 308,115 shares in the last quarter. Finally, Deutsche Bank AG lifted its position in SunCoke Energy by 64.8% during the 1st quarter. Deutsche Bank AG now owns 742,467 shares of the energy company's stock valued at $6,831,000 after purchasing an additional 291,870 shares during the period. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Performance

Shares of SXC stock opened at $7.85 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.61 and a quick ratio of 1.45. The stock has a market cap of $664.66 million, a PE ratio of 9.13 and a beta of 1.07. The stock has a 50-day moving average of $7.83 and a 200-day moving average of $8.44. SunCoke Energy, Inc. has a one year low of $7.18 and a one year high of $12.82.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The energy company reported $0.02 EPS for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $348.05 million. During the same period last year, the company earned $0.25 earnings per share. The business's revenue was down 7.8% compared to the same quarter last year. As a group, sell-side analysts expect that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Friday, August 15th. SunCoke Energy's dividend payout ratio (DPR) is currently 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.

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