Voloridge Investment Management LLC Grows Holdings in SunCoke Energy, Inc. (NYSE:SXC)

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

Several other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in SunCoke Energy by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 6,993,020 shares of the energy company's stock worth $74,825,000 after acquiring an additional 19,644 shares during the period. American Century Companies Inc. raised its position in SunCoke Energy by 11.0% in the fourth quarter. American Century Companies Inc. now owns 3,082,691 shares of the energy company's stock worth $32,985,000 after acquiring an additional 306,356 shares during the period. Pacer Advisors Inc. bought a new stake in SunCoke Energy in the fourth quarter worth about $27,164,000. LSV Asset Management raised its position in SunCoke Energy by 9.8% in 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 during the period. Finally, Bridgeway Capital Management LLC raised its position in SunCoke Energy by 1.6% in 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 during the period. Institutional investors own 90.45% of the company's stock.

SunCoke Energy Stock Performance

SXC stock traded down $0.13 during mid-day trading on Friday, hitting $8.13. The company had a trading volume of 1,050,352 shares, compared to its average volume of 920,673. The stock's fifty day moving average price is $8.92 and its two-hundred day moving average price is $9.95. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. The firm has a market cap of $688.21 million, a PE ratio of 7.26 and a beta of 1.18.

SunCoke Energy (NYSE:SXC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The energy company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.03. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. The company 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 firm posted $0.23 earnings per share. The company's quarterly revenue was down 10.7% compared to the same quarter last year. On average, analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, May 16th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.48 dividend on an annualized basis and a yield of 5.90%. SunCoke Energy's dividend payout ratio is presently 44.04%.

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.