SunCoke Energy, Inc. (NYSE:SXC) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lowered its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,836 shares of the energy company’s stock after selling 1,150 shares during the period. Allspring Global Investments Holdings LLC’s holdings in SunCoke Energy were worth $396,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Swiss National Bank boosted its position in shares of SunCoke Energy by 0.9% in the 3rd quarter. Swiss National Bank now owns 184,050 shares of the energy company’s stock valued at $1,868,000 after purchasing an additional 1,700 shares during the period. AQR Capital Management LLC boosted its holdings in shares of SunCoke Energy by 5.0% in the third quarter. AQR Capital Management LLC now owns 638,418 shares of the energy company’s stock worth $6,480,000 after buying an additional 30,213 shares during the period. O Shaughnessy Asset Management LLC increased its position in shares of SunCoke Energy by 67.5% in the third quarter. O Shaughnessy Asset Management LLC now owns 199,360 shares of the energy company’s stock worth $2,024,000 after acquiring an additional 80,358 shares in the last quarter. American Century Companies Inc. increased its position in shares of SunCoke Energy by 9.1% in the third quarter. American Century Companies Inc. now owns 1,532,018 shares of the energy company’s stock worth $15,550,000 after acquiring an additional 127,997 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of SunCoke Energy by 93.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,146,422 shares of the energy company’s stock valued at $11,636,000 after acquiring an additional 555,271 shares in the last quarter. 90.45% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at SunCoke Energy

In related news, CEO Michael G. Rippey sold 48,618 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $10.93, for a total transaction of $531,394.74. Following the completion of the sale, the chief executive officer now directly owns 763,409 shares in the company, valued at $8,344,060.37. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, CEO Michael G. Rippey sold 78,714 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $11.06, for a total transaction of $870,576.84. Following the transaction, the chief executive officer now owns 342,359 shares in the company, valued at approximately $3,786,490.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael G. Rippey sold 48,618 shares of SunCoke Energy stock in a transaction on Monday, March 4th. The shares were sold at an average price of $10.93, for a total transaction of $531,394.74. Following the completion of the sale, the chief executive officer now directly owns 763,409 shares of the company’s stock, valued at approximately $8,344,060.37. The disclosure for this sale can be found here. Insiders sold 251,572 shares of company stock valued at $2,781,834 in the last quarter. Company insiders own 1.73% of the company’s stock.

SunCoke Energy Stock Up 1.0 %

Shares of SunCoke Energy stock opened at $10.57 on Friday. SunCoke Energy, Inc. has a 1 year low of $6.71 and a 1 year high of $11.48. The company has a market cap of $888.62 million, a P/E ratio of 15.78 and a beta of 1.17. The company has a current ratio of 1.86, a quick ratio of 1.05 and a debt-to-equity ratio of 0.76. The stock has a 50-day moving average price of $10.89 and a 200 day moving average price of $10.28.

SunCoke Energy (NYSE:SXC) last issued its earnings results on Thursday, February 1st. The energy company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The company had revenue of $520.60 million for the quarter, compared to the consensus estimate of $406.40 million. SunCoke Energy had a return on equity of 8.99% and a net margin of 2.79%. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 EPS. As a group, analysts expect that SunCoke Energy, Inc. will post 0.86 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $0.40 dividend on an annualized basis and a yield of 3.78%. SunCoke Energy’s payout ratio is 59.70%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of SunCoke Energy from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 5th.

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.