Invesco Ltd. Decreases Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Invesco Ltd. decreased its position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 44.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 885,266 shares of the energy company's stock after selling 708,357 shares during the period. Invesco Ltd. owned 1.05% of SunCoke Energy worth $9,472,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SXC. Pacer Advisors Inc. bought a new stake in SunCoke Energy during the 4th quarter worth approximately $27,164,000. Norges Bank bought a new stake in SunCoke Energy during the 4th quarter worth approximately $11,841,000. American Century Companies Inc. raised its stake in SunCoke Energy by 11.0% during the 4th 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. Trexquant Investment LP grew its holdings in SunCoke Energy by 77.0% during the 4th quarter. Trexquant Investment LP now owns 628,643 shares of the energy company's stock valued at $6,726,000 after buying an additional 273,505 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in SunCoke Energy by 28.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company's stock valued at $7,396,000 after buying an additional 191,235 shares in the last quarter. Institutional investors own 90.45% of the company's stock.

SunCoke Energy Price Performance

SXC traded up $0.06 during trading on Tuesday, reaching $9.74. 70,472 shares of the company traded hands, compared to its average volume of 896,725. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month high of $12.82. The firm has a fifty day simple moving average of $9.12 and a 200 day simple moving average of $10.13. The company has a market cap of $824.03 million, a P/E ratio of 8.67 and a beta of 0.90.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. On average, equities analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 4.93%. The ex-dividend date was Friday, February 14th. SunCoke Energy's dividend payout ratio is presently 42.86%.

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.