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

Victory Capital Management Inc. grew its holdings in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 79.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 190,784 shares of the energy company's stock after purchasing an additional 84,178 shares during the period. Victory Capital Management Inc. owned about 0.23% of SunCoke Energy worth $1,755,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of SunCoke Energy in the 4th quarter valued at approximately $11,841,000. D. E. Shaw & Co. Inc. boosted its holdings 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 valued at $15,683,000 after acquiring an additional 619,532 shares during the period. Jane Street Group LLC boosted its holdings 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 valued at $11,890,000 after acquiring an additional 446,163 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in SunCoke Energy during the fourth quarter valued at about $4,401,000. Finally, Trexquant Investment LP boosted its holdings in SunCoke Energy by 77.0% during the fourth quarter. Trexquant Investment LP now owns 628,643 shares of the energy company's stock valued at $6,726,000 after acquiring an additional 273,505 shares during the period. Institutional investors and hedge funds own 90.45% of the company's stock.

SunCoke Energy Stock Performance

Shares of SXC traded down $0.15 during mid-day trading on Friday, hitting $7.24. The company's stock had a trading volume of 1,213,685 shares, compared to its average volume of 947,429. SunCoke Energy, Inc. has a one year low of $7.18 and a one year high of $12.82. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.39 and a current ratio of 2.61. The firm has a market capitalization of $612.87 million, a PE ratio of 8.42 and a beta of 1.11. The stock's 50-day moving average is $8.34 and its two-hundred day moving average is $8.96.

SunCoke Energy (NYSE:SXC - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The energy company reported $0.02 earnings per share 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 business had revenue of $434.10 million during the quarter, compared to the consensus estimate of $348.05 million. During the same period in the prior year, the company posted $0.25 earnings per share. The firm's revenue was down 7.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be paid a $0.12 dividend. The ex-dividend date is Friday, August 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.6%. SunCoke Energy's dividend payout ratio (DPR) is 55.81%.

SunCoke Energy Company 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.