SunCoke Energy, Inc. (NYSE:SXC) Shares Acquired by Navellier & Associates Inc.

Navellier & Associates Inc. lifted its position in shares of SunCoke Energy, Inc. (NYSE:SXC) by 11.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 11,323 shares of the energy company’s stock after acquiring an additional 1,152 shares during the quarter. Navellier & Associates Inc.’s holdings in SunCoke Energy were worth $121,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Alberta Investment Management Corp raised its position in shares of SunCoke Energy by 29.0% during the 4th quarter. Alberta Investment Management Corp now owns 86,700 shares of the energy company’s stock valued at $928,000 after acquiring an additional 19,500 shares in the last quarter. Sanctuary Advisors LLC raised its position in shares of SunCoke Energy by 3.6% during the 4th quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company’s stock valued at $492,000 after acquiring an additional 1,592 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of SunCoke Energy by 2.9% during the 4th quarter. Principal Financial Group Inc. now owns 407,846 shares of the energy company’s stock valued at $4,364,000 after acquiring an additional 11,473 shares in the last quarter. Van ECK Associates Corp raised its position in shares of SunCoke Energy by 3.7% during the 4th quarter. Van ECK Associates Corp now owns 83,393 shares of the energy company’s stock valued at $892,000 after acquiring an additional 2,945 shares in the last quarter. Finally, Empowered Funds LLC raised its position in shares of SunCoke Energy by 5.1% during the 4th quarter. Empowered Funds LLC now owns 485,668 shares of the energy company’s stock valued at $5,197,000 after acquiring an additional 23,633 shares in the last quarter. 90.45% of the stock is owned by institutional investors and hedge funds.

SunCoke Energy Trading Down 3.4 %

NYSE:SXC opened at $9.19 on Monday. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The firm has a market capitalization of $772.39 million, a price-to-earnings ratio of 8.20 and a beta of 1.06. The stock has a fifty day simple moving average of $10.20 and a 200 day simple moving average of $9.92.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. Sell-side analysts forecast 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. This represents a $0.48 annualized dividend and a dividend yield of 5.23%. The ex-dividend date is Friday, February 14th. SunCoke Energy’s payout ratio is presently 42.86%.

Wall Street Analyst Weigh In

Separately, Benchmark reaffirmed a “buy” rating and issued a $13.00 target price on shares of SunCoke Energy in a research report on Tuesday, November 5th.

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.