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27,497 Shares in SunCoke Energy, Inc. (NYSE:SXC) Bought by Voleon Capital Management LP

SunCoke Energy logo with Energy background

Voleon Capital Management LP bought a new position in SunCoke Energy, Inc. (NYSE:SXC - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 27,497 shares of the energy company's stock, valued at approximately $294,000.

Several other institutional investors have also made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in SunCoke Energy by 835.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company's stock worth $38,000 after purchasing an additional 3,242 shares during the period. GAMMA Investing LLC raised its position in 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 buying an additional 1,730 shares during the period. KBC Group NV lifted its stake in SunCoke Energy by 61.1% in the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company's stock worth $65,000 after acquiring an additional 2,307 shares in the last quarter. Tocqueville Asset Management L.P. acquired a new stake in SunCoke Energy during the 4th quarter worth about $118,000. Finally, Navellier & Associates Inc. grew its stake in SunCoke Energy by 11.3% during the 4th quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company's stock valued at $121,000 after acquiring an additional 1,152 shares in the last quarter. 90.45% of the stock is owned by hedge funds and other institutional investors.

SunCoke Energy Stock Down 1.5 %

Shares of SXC stock traded down $0.13 during trading on Monday, hitting $9.02. 620,059 shares of the company were exchanged, compared to its average volume of 903,471. The firm has a market capitalization of $763.30 million, a price-to-earnings ratio of 8.05 and a beta of 1.18. 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 business's 50-day simple moving average is $9.12 and its 200 day simple moving average is $10.14. SunCoke Energy, Inc. has a twelve month low of $7.47 and a twelve month high of $12.82.

SunCoke Energy (NYSE:SXC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The energy company reported $0.20 EPS for the quarter, beating the consensus estimate 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 net margin of 4.95% and a return on equity of 14.31%. SunCoke Energy's revenue was down 10.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 EPS. As a group, analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The company also recently declared 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. The ex-dividend date is Friday, May 16th. This represents a $0.48 annualized dividend and a dividend yield of 5.32%. SunCoke Energy's dividend payout ratio is 44.04%.

About SunCoke Energy

(Free Report)

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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Institutional Ownership by Quarter for SunCoke Energy (NYSE:SXC)

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