Algert Global LLC Purchases 200,264 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Algert Global LLC increased its stake in SunCoke Energy, Inc. (NYSE:SXC - Free Report) by 642.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 231,454 shares of the energy company's stock after acquiring an additional 200,264 shares during the quarter. Algert Global LLC owned approximately 0.28% of SunCoke Energy worth $2,477,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SXC. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of SunCoke Energy by 835.6% in the fourth 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 during the period. GAMMA Investing LLC grew its position in SunCoke Energy by 71.3% during the 4th quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company's stock worth $44,000 after purchasing an additional 1,730 shares in the last quarter. KBC Group NV lifted its holdings in shares of SunCoke Energy by 61.1% in the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company's stock valued at $65,000 after purchasing an additional 2,307 shares in the last quarter. Tocqueville Asset Management L.P. purchased a new position in shares of SunCoke Energy during the fourth quarter valued at $118,000. Finally, Navellier & Associates Inc. lifted 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 worth $121,000 after acquiring an additional 1,152 shares in the last quarter. 90.45% of the stock is owned by institutional investors and hedge funds.

SunCoke Energy Stock Down 1.4 %

NYSE:SXC traded down $0.12 on Friday, hitting $8.54. 1,064,316 shares of the company's stock traded hands, compared to its average volume of 904,981. The firm has a 50-day moving average price of $9.09 and a 200-day moving average price of $10.14. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The company has a market cap of $722.92 million, a PE ratio of 7.63 and a beta of 1.18. SunCoke Energy, Inc. has a 1 year low of $7.47 and a 1 year high of $12.82.

SunCoke Energy (NYSE:SXC - Get Free Report) last released its earnings results on Wednesday, April 30th. The energy company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.03. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. The company had revenue of $436.00 million during the quarter, compared to the consensus estimate of $371.60 million. During the same quarter in the prior year, the firm earned $0.23 EPS. The company's revenue was down 10.7% compared to the same quarter last year. Equities analysts anticipate that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors 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 dividend on an annualized basis and a yield of 5.62%. SunCoke Energy's dividend payout ratio is currently 44.04%.

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.