SunCoke Energy, Inc. (NYSE:SXC) Shares Acquired by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. increased its stake in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 73.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,465,691 shares of the energy company's stock after purchasing an additional 619,532 shares during the period. D. E. Shaw & Co. Inc. owned 1.74% of SunCoke Energy worth $15,683,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in SunCoke Energy by 835.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock worth $38,000 after buying an additional 3,242 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of SunCoke Energy by 71.3% in the fourth quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock worth $44,000 after acquiring an additional 1,730 shares during the last quarter. 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. Tocqueville Asset Management L.P. purchased a new stake in shares of SunCoke Energy during the fourth quarter worth approximately $118,000. Finally, Navellier & Associates Inc. raised its stake in SunCoke Energy by 11.3% in the 4th quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock valued at $121,000 after purchasing an additional 1,152 shares during the last quarter. Institutional investors and hedge funds own 90.45% of the company's stock.

SunCoke Energy Trading Up 3.0%

Shares of SXC stock opened at $8.79 on Tuesday. SunCoke Energy, Inc. has a fifty-two week low of $7.47 and a fifty-two week 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 stock's fifty day moving average is $9.09 and its two-hundred day moving average is $10.15. The firm has a market capitalization of $744.08 million, a P/E ratio of 7.85 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 for the quarter, topping the consensus estimate of $0.17 by $0.03. The firm had revenue of $436.00 million for the quarter, compared to the consensus estimate of $371.60 million. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. The company's revenue for the quarter was down 10.7% on a year-over-year basis. During the same period last year, the firm posted $0.23 earnings per share. Research analysts expect that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 16th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.46%. The ex-dividend date of this dividend is Friday, May 16th. SunCoke Energy's dividend payout ratio is currently 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.

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