LSV Asset Management Has $22.01 Million Holdings in SunCoke Energy, Inc. (NYSE:SXC)

LSV Asset Management increased its position in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 15.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,049,517 shares of the energy company's stock after buying an additional 272,759 shares during the quarter. LSV Asset Management owned 2.45% of SunCoke Energy worth $22,012,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SummerHaven Investment Management LLC boosted its holdings in SunCoke Energy by 1.2% during the fourth quarter. SummerHaven Investment Management LLC now owns 90,161 shares of the energy company's stock valued at $968,000 after purchasing an additional 1,106 shares in the last quarter. Swiss National Bank grew its position in SunCoke Energy by 0.9% in the third quarter. Swiss National Bank now owns 184,050 shares of the energy company's stock valued at $1,868,000 after acquiring an additional 1,700 shares during the period. Mackenzie Financial Corp raised its stake in SunCoke Energy by 13.1% during the fourth quarter. Mackenzie Financial Corp now owns 16,643 shares of the energy company's stock worth $179,000 after acquiring an additional 1,932 shares in the last quarter. Paulson Wealth Management Inc. lifted its holdings in shares of SunCoke Energy by 17.8% during the third quarter. Paulson Wealth Management Inc. now owns 14,387 shares of the energy company's stock valued at $146,000 after acquiring an additional 2,172 shares during the period. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of SunCoke Energy in the 3rd quarter valued at $30,000. 90.45% of the stock is currently owned by institutional investors.

Insider Transactions at SunCoke Energy

In other news, CEO Michael G. Rippey sold 78,714 shares of the company's stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $11.06, for a total value of $870,576.84. Following the completion of the sale, the chief executive officer now directly owns 342,359 shares of the company's stock, valued at approximately $3,786,490.54. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other SunCoke Energy news, CEO Michael G. Rippey sold 122,533 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $11.11, for a total value of $1,361,341.63. Following the completion of the sale, the chief executive officer now directly owns 521,073 shares in the company, valued at $5,789,121.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael G. Rippey sold 78,714 shares of the firm's stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $11.06, for a total value of $870,576.84. Following the sale, the chief executive officer now directly owns 342,359 shares in the company, valued at approximately $3,786,490.54. The disclosure for this sale can be found here. Insiders have sold 251,572 shares of company stock worth $2,781,834 in the last three months. Insiders own 1.73% of the company's stock.

SunCoke Energy Trading Down 0.5 %

Shares of SXC traded down $0.05 during trading hours on Tuesday, hitting $10.23. 562,625 shares of the stock traded hands, compared to its average volume of 817,549. The business has a fifty day moving average of $10.80 and a 200-day moving average of $10.31. The company has a current ratio of 2.06, a quick ratio of 1.16 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $860.04 million, a PE ratio of 14.48 and a beta of 1.19. SunCoke Energy, Inc. has a 1-year low of $6.71 and a 1-year high of $11.48.

SunCoke Energy (NYSE:SXC - Get Free Report) last issued its earnings results on Wednesday, May 1st. The energy company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. SunCoke Energy had a net margin of 2.97% and a return on equity of 9.48%. The company had revenue of $488.40 million for the quarter, compared to analyst estimates of $549.40 million. During the same quarter last year, the firm earned $0.19 EPS. The company's revenue for the quarter was up .1% on a year-over-year basis. Analysts expect that SunCoke Energy, Inc. will post 0.86 EPS for the current year.

SunCoke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date is Tuesday, May 14th. SunCoke Energy's dividend payout ratio (DPR) is currently 56.34%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SXC shares. StockNews.com cut SunCoke Energy from a "strong-buy" rating to a "buy" rating in a report on Friday. Benchmark reissued a "buy" rating and set a $12.00 price objective on shares of SunCoke Energy in a report on Thursday, May 2nd.

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.