Victory Capital Management Inc. Buys 84,178 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Victory Capital Management Inc. raised its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 79.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 190,784 shares of the energy company's stock after acquiring an additional 84,178 shares during the quarter. Victory Capital Management Inc. owned approximately 0.23% of SunCoke Energy worth $1,755,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of SunCoke Energy by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 6,993,020 shares of the energy company's stock valued at $74,825,000 after buying an additional 19,644 shares in the last quarter. LSV Asset Management raised its position in SunCoke Energy by 9.8% during the fourth quarter. LSV Asset Management now owns 2,216,505 shares of the energy company's stock worth $23,717,000 after acquiring an additional 196,939 shares in the last quarter. Bridgeway Capital Management LLC raised its position in SunCoke Energy by 1.6% during the fourth quarter. Bridgeway Capital Management LLC now owns 1,513,768 shares of the energy company's stock worth $16,197,000 after acquiring an additional 23,633 shares in the last quarter. D. E. Shaw & Co. Inc. raised its position in SunCoke Energy by 73.2% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,465,691 shares of the energy company's stock worth $15,683,000 after acquiring an additional 619,532 shares in the last quarter. Finally, Jane Street Group LLC raised its position in SunCoke Energy by 67.1% during the fourth quarter. Jane Street Group LLC now owns 1,111,217 shares of the energy company's stock worth $11,890,000 after acquiring an additional 446,163 shares in the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Performance

NYSE SXC traded down $0.15 on Friday, hitting $7.24. 1,213,685 shares of the stock were exchanged, compared to its average volume of 876,007. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.61 and a quick ratio of 1.39. The business's fifty day moving average is $8.32 and its 200 day moving average is $8.94. 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 $613.01 million, a PE ratio of 8.42 and a beta of 1.10.

SunCoke Energy (NYSE:SXC - Get Free Report) last released 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 business had revenue of $434.10 million during the quarter, compared to the consensus estimate of $348.05 million. SunCoke Energy had a net margin of 3.99% and a return on equity of 10.43%. SunCoke Energy's quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.25 EPS. Research analysts anticipate that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Dividend Announcement

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

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.