Alberta Investment Management Corp Acquires 19,500 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Alberta Investment Management Corp grew its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 29.0% during the 4th quarter, Holdings Channel reports. The fund owned 86,700 shares of the energy company’s stock after buying an additional 19,500 shares during the period. Alberta Investment Management Corp’s holdings in SunCoke Energy were worth $928,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Sanctuary Advisors LLC raised its holdings in SunCoke Energy by 3.6% in the 4th quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company’s stock worth $492,000 after purchasing an additional 1,592 shares during the period. 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 valued at $44,000 after purchasing an additional 1,730 shares during the period. Victory Capital Management Inc. increased its position in SunCoke Energy by 1.9% in 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 in the last quarter. KBC Group NV raised its stake in shares of SunCoke Energy by 61.1% in the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company’s stock worth $65,000 after buying an additional 2,307 shares during the period. Finally, Van ECK Associates Corp lifted 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 buying an additional 2,945 shares in the last quarter. Hedge funds and other institutional investors own 90.45% of the company’s stock.

SunCoke Energy Trading Down 3.4 %

Shares of SunCoke Energy stock opened at $9.19 on Friday. SunCoke Energy, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $12.82. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. The company has a market capitalization of $772.37 million, a P/E ratio of 8.20 and a beta of 1.06. The company has a fifty day moving average of $10.20 and a 200 day moving average of $9.91.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data 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%. On average, sell-side analysts anticipate that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date is Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is currently 42.86%.

Wall Street Analyst Weigh In

Separately, 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.

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.