Voloridge Investment Management LLC Raises Stake in SunCoke Energy, Inc. (NYSE:SXC)

Voloridge Investment Management LLC boosted its stake in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 500.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 267,563 shares of the energy company's stock after acquiring an additional 223,012 shares during the quarter. Voloridge Investment Management LLC owned 0.32% of SunCoke Energy worth $2,863,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in SunCoke Energy by 835.6% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock valued at $38,000 after acquiring an additional 3,242 shares in the last quarter. Virtus Fund Advisers LLC purchased a new position in SunCoke Energy during the fourth quarter valued at approximately $57,000. KBC Group NV raised its position in SunCoke Energy by 61.1% during the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company's stock valued at $65,000 after acquiring an additional 2,307 shares in the last quarter. Tocqueville Asset Management L.P. purchased a new position in SunCoke Energy during the fourth quarter valued at approximately $118,000. Finally, Navellier & Associates Inc. raised its position in SunCoke Energy by 11.3% during the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock valued at $121,000 after acquiring an additional 1,152 shares in the last quarter. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Price Performance

Shares of SunCoke Energy stock traded down $0.13 on Friday, reaching $8.13. The company's stock had a trading volume of 1,050,352 shares, compared to its average volume of 922,620. The company has a market capitalization of $688.21 million, a P/E ratio of 7.26 and a beta of 1.18. SunCoke Energy, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. The stock has a 50-day moving average price of $8.92 and a 200-day moving average price of $9.91. 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 (NYSE:SXC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The energy company reported $0.20 EPS 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 analysts' expectations of $371.60 million. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. The business's revenue was down 10.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.23 earnings per share. Analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 16th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date is Friday, May 16th. SunCoke Energy's dividend payout ratio (DPR) is presently 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.