EMC Capital Management Has $205,000 Position in SunCoke Energy, Inc. (NYSE:SXC)

EMC Capital Management lifted its position in shares of SunCoke Energy, Inc. (NYSE:SXC) by 430.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,186 shares of the energy company’s stock after purchasing an additional 15,566 shares during the period. EMC Capital Management’s holdings in SunCoke Energy were worth $205,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SXC. GAMMA Investing LLC grew its holdings in SunCoke Energy by 71.3% during the fourth quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company’s stock worth $44,000 after purchasing an additional 1,730 shares during the period. Victory Capital Management Inc. lifted its position in shares of SunCoke Energy by 1.9% in the third quarter. Victory Capital Management Inc. now owns 109,468 shares of the energy company’s stock valued at $950,000 after buying an additional 2,054 shares during the last quarter. KBC Group NV boosted its stake in shares of SunCoke Energy by 61.1% during the 4th 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 during the period. Ballentine Partners LLC increased its holdings in shares of SunCoke Energy by 19.5% during the 4th quarter. Ballentine Partners LLC now owns 19,041 shares of the energy company’s stock worth $204,000 after acquiring an additional 3,102 shares during the last quarter. Finally, nVerses Capital LLC raised its stake in SunCoke Energy by 488.9% in the 3rd quarter. nVerses Capital LLC now owns 5,300 shares of the energy company’s stock valued at $46,000 after acquiring an additional 4,400 shares during the period. 90.45% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on SXC shares. Benchmark restated a “buy” rating and set a $13.00 target price on shares of SunCoke Energy in a research note on Tuesday, November 5th. StockNews.com raised shares of SunCoke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th.

SunCoke Energy Stock Performance

Shares of NYSE SXC opened at $9.63 on Friday. 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 firm has a market cap of $809.37 million, a price-to-earnings ratio of 9.63 and a beta of 1.08. The stock’s fifty day moving average price is $11.08 and its two-hundred day moving average price is $10.03. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings results on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. On average, equities analysts forecast that SunCoke Energy, Inc. will post 1.14 EPS for the current year.

SunCoke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.99%. SunCoke Energy’s payout ratio is presently 48.00%.

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.