Empowered Funds LLC Raises Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Empowered Funds LLC increased its stake in shares of SunCoke Energy, Inc. (NYSE:SXC) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 485,668 shares of the energy company’s stock after purchasing an additional 23,633 shares during the period. Empowered Funds LLC’s holdings in SunCoke Energy were worth $5,197,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. GSA Capital Partners LLP raised its holdings in shares of SunCoke Energy by 112.5% in the third quarter. GSA Capital Partners LLP now owns 176,855 shares of the energy company’s stock worth $1,535,000 after acquiring an additional 93,644 shares during the last quarter. Barclays PLC raised its stake in SunCoke Energy by 257.0% in the 3rd quarter. Barclays PLC now owns 202,890 shares of the energy company’s stock valued at $1,763,000 after purchasing an additional 146,065 shares during the last quarter. Jane Street Group LLC lifted its holdings in SunCoke Energy by 450.3% in the 3rd quarter. Jane Street Group LLC now owns 665,054 shares of the energy company’s stock valued at $5,773,000 after purchasing an additional 544,194 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in SunCoke Energy by 28.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock valued at $7,396,000 after purchasing an additional 191,235 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd boosted its stake in shares of SunCoke Energy by 182.4% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 127,344 shares of the energy company’s stock worth $1,105,000 after purchasing an additional 82,244 shares during the last quarter. Hedge funds and other institutional investors own 90.45% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. StockNews.com raised shares of SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th. Benchmark reissued a “buy” rating and set a $13.00 price target on shares of SunCoke Energy in a research note on Tuesday, November 5th.

SunCoke Energy Stock Up 0.2 %

SXC opened at $9.82 on Wednesday. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82. The business has a 50-day moving average of $10.62 and a two-hundred day moving average of $9.95. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27. The stock has a market capitalization of $825.34 million, a price-to-earnings ratio of 8.76 and a beta of 1.06.

SunCoke Energy (NYSE:SXC) last released its earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. On average, research analysts expect that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.89%. SunCoke Energy’s payout ratio is 42.86%.

About SunCoke Energy

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.