AlphaQuest LLC Acquires 37,639 Shares of SunCoke Energy, Inc. (NYSE:SXC)

AlphaQuest LLC grew its stake in SunCoke Energy, Inc. (NYSE:SXC) by 1,881,950.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,641 shares of the energy company’s stock after acquiring an additional 37,639 shares during the period. AlphaQuest LLC’s holdings in SunCoke Energy were worth $403,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Navellier & Associates Inc. grew its stake in SunCoke Energy by 11.3% in the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock valued at $121,000 after purchasing an additional 1,152 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of SunCoke Energy by 3.6% in the 4th quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company’s stock valued at $492,000 after buying an additional 1,592 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of SunCoke Energy by 71.3% in 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 in the last quarter. Victory Capital Management Inc. increased its holdings in SunCoke Energy by 1.9% during the third quarter. Victory Capital Management Inc. now owns 109,468 shares of the energy company’s stock worth $950,000 after buying an additional 2,054 shares during the last quarter. Finally, KBC Group NV raised its position in SunCoke Energy by 61.1% during the fourth 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. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Stock Performance

Shares of SXC opened at $9.20 on Friday. The company has a market cap of $775.62 million, a PE ratio of 8.21 and a beta of 0.98. The firm has a 50-day moving average of $9.72 and a 200-day moving average of $9.95. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27.

SunCoke Energy (NYSE:SXC) last issued its earnings results on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, topping 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%. As a group, equities analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 5.22%. SunCoke Energy’s dividend payout ratio is currently 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.