Martingale Asset Management L P Sells 72,043 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Martingale Asset Management L P lessened its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 72.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,859 shares of the energy company's stock after selling 72,043 shares during the quarter. Martingale Asset Management L P's holdings in SunCoke Energy were worth $298,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. bought a new position in SunCoke Energy during the fourth quarter valued at about $27,164,000. Norges Bank bought a new stake in SunCoke Energy during the fourth quarter worth approximately $11,841,000. Jane Street Group LLC raised its position in shares of SunCoke Energy by 450.3% in the third quarter. Jane Street Group LLC now owns 665,054 shares of the energy company's stock valued at $5,773,000 after purchasing an additional 544,194 shares during the period. American Century Companies Inc. lifted its stake in shares of 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 buying an additional 306,356 shares during the last quarter. Finally, Trexquant Investment LP boosted its holdings in shares of SunCoke Energy by 77.0% during the 4th quarter. Trexquant Investment LP now owns 628,643 shares of the energy company's stock worth $6,726,000 after buying an additional 273,505 shares during the period. 90.45% of the stock is owned by institutional investors.

SunCoke Energy Stock Performance

NYSE:SXC traded up $0.11 during midday trading on Friday, reaching $9.34. The stock had a trading volume of 676,127 shares, compared to its average volume of 901,882. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The firm's fifty day simple moving average is $9.14 and its 200-day simple moving average is $10.06. The stock has a market capitalization of $790.17 million, a P/E ratio of 8.33 and a beta of 0.90.

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

SunCoke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date was Friday, February 14th. SunCoke Energy's dividend payout ratio (DPR) 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.