Inceptionr LLC Sells 5,964 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Inceptionr LLC lowered its position in SunCoke Energy, Inc. (NYSE:SXC) by 23.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,252 shares of the energy company’s stock after selling 5,964 shares during the quarter. Inceptionr LLC’s holdings in SunCoke Energy were worth $206,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SXC. Pacer Advisors Inc. bought a new position in SunCoke Energy in the fourth quarter worth approximately $27,164,000. Hotchkis & Wiley Capital Management LLC bought a new position in SunCoke Energy in the third quarter worth approximately $5,470,000. Jane Street Group LLC grew its stake in SunCoke Energy by 450.3% in the third quarter. Jane Street Group LLC now owns 665,054 shares of the energy company’s stock worth $5,773,000 after purchasing an additional 544,194 shares in the last quarter. Weiss Asset Management LP bought a new position in SunCoke Energy in the third quarter worth approximately $1,926,000. Finally, JPMorgan Chase & Co. grew its stake in SunCoke Energy by 28.9% in the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock worth $7,396,000 after purchasing an additional 191,235 shares in the last quarter. Institutional investors own 90.45% of the company’s stock.

SunCoke Energy Stock Down 0.2 %

Shares of NYSE:SXC opened at $9.04 on Tuesday. SunCoke Energy, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. The stock has a market cap of $762.12 million, a P/E ratio of 8.07 and a beta of 0.98. The business’s 50 day moving average is $9.81 and its 200 day moving average is $9.95. 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 (NYSE:SXC) last announced its earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate 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 predict that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 5.31%. SunCoke Energy’s dividend payout ratio (DPR) is presently 42.86%.

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.