Numerai GP LLC Acquires New Position in SunCoke Energy, Inc. (NYSE:SXC)

Numerai GP LLC bought a new stake in SunCoke Energy, Inc. (NYSE:SXC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 69,158 shares of the energy company's stock, valued at approximately $740,000. Numerai GP LLC owned about 0.08% of SunCoke Energy at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SXC. JPMorgan Chase & Co. boosted its position in shares of SunCoke Energy by 28.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company's stock worth $7,396,000 after purchasing an additional 191,235 shares in the last quarter. Ritholtz Wealth Management boosted its position in SunCoke Energy by 25.5% during the fourth quarter. Ritholtz Wealth Management now owns 59,462 shares of the energy company's stock worth $636,000 after purchasing an additional 12,075 shares in the last quarter. Ballentine Partners LLC raised its position in SunCoke Energy by 19.5% during the fourth quarter. Ballentine Partners LLC now owns 19,041 shares of the energy company's stock worth $204,000 after acquiring an additional 3,102 shares during the period. Veracity Capital LLC acquired a new stake in SunCoke Energy in the 4th quarter worth about $453,000. Finally, KBC Group NV increased its position in shares of SunCoke Energy by 61.1% during the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company's stock worth $65,000 after purchasing an additional 2,307 shares in the last quarter. 90.45% of the stock is owned by hedge funds and other institutional investors.

SunCoke Energy Price Performance

Shares of NYSE SXC traded down $0.03 during mid-day trading on Tuesday, reaching $8.72. The company's stock had a trading volume of 87,274 shares, compared to its average volume of 906,315. 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 stock has a 50-day moving average of $9.07 and a two-hundred day moving average of $10.14. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The stock has a market capitalization of $737.73 million, a P/E ratio of 7.78 and a beta of 1.18.

SunCoke Energy (NYSE:SXC - Get Free Report) last issued its 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 return on equity of 14.31% and a net margin of 4.95%. The company had revenue of $436.00 million during the quarter, compared to analysts' expectations of $371.60 million. During the same period in the prior year, the business earned $0.23 EPS. The firm's quarterly revenue was down 10.7% on a year-over-year basis. On average, equities research analysts anticipate 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 will be paid on Monday, June 2nd. Shareholders of record on Friday, May 16th will be issued a $0.12 dividend. The ex-dividend date is Friday, May 16th. This represents a $0.48 annualized dividend and a yield of 5.51%. SunCoke Energy's payout ratio is 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.