D. E. Shaw & Co. Inc. Acquires 619,532 Shares of SunCoke Energy, Inc. (NYSE:SXC)

D. E. Shaw & Co. Inc. raised its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 73.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,465,691 shares of the energy company's stock after buying an additional 619,532 shares during the quarter. D. E. Shaw & Co. Inc. owned about 1.74% of SunCoke Energy worth $15,683,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Navellier & Associates Inc. lifted its holdings in shares of SunCoke Energy by 11.3% during the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock worth $121,000 after buying an additional 1,152 shares during the last quarter. Walleye Capital LLC increased its position in shares of SunCoke Energy by 8.4% during the fourth quarter. Walleye Capital LLC now owns 17,268 shares of the energy company's stock valued at $185,000 after purchasing an additional 1,332 shares during the period. Sanctuary Advisors LLC increased its position in shares of SunCoke Energy by 3.6% during the fourth quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company's stock valued at $492,000 after purchasing an additional 1,592 shares during the period. Bank of Montreal Can increased its position in shares of SunCoke Energy by 3.0% during the fourth quarter. Bank of Montreal Can now owns 58,050 shares of the energy company's stock valued at $621,000 after purchasing an additional 1,709 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of SunCoke Energy by 71.3% during the fourth quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock valued at $44,000 after purchasing an additional 1,730 shares during the period. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Performance

Shares of SXC traded down $0.08 on Friday, reaching $8.77. 561,630 shares of the stock traded hands, compared to its average volume of 910,982. The firm has a market cap of $741.97 million, a price-to-earnings ratio of 7.83 and a beta of 1.18. 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 12 month low of $7.47 and a 12 month high of $12.82. The stock's 50-day moving average price is $9.07 and its 200-day moving average price is $10.15.

SunCoke Energy (NYSE:SXC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The energy company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.03. The business had revenue of $436.00 million for the quarter, compared to analysts' expectations of $371.60 million. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. SunCoke Energy's quarterly revenue was down 10.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.23 earnings per share. Equities analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 16th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date is Friday, May 16th. SunCoke Energy's dividend payout ratio is presently 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.