SunCoke Energy, Inc. (NYSE:SXC) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC) by 14.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,281 shares of the energy company’s stock after selling 18,005 shares during the period. Los Angeles Capital Management LLC owned 0.12% of SunCoke Energy worth $1,105,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SXC. Optas LLC bought a new stake in shares of SunCoke Energy during the third quarter valued at approximately $88,000. Olympiad Research LP raised its holdings in shares of SunCoke Energy by 99.6% during the third quarter. Olympiad Research LP now owns 45,318 shares of the energy company’s stock valued at $393,000 after buying an additional 22,612 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in shares of SunCoke Energy during the third quarter valued at approximately $497,000. Entropy Technologies LP bought a new stake in shares of SunCoke Energy during the third quarter valued at approximately $178,000. Finally, GSA Capital Partners LLP raised its holdings in shares of SunCoke Energy by 112.5% during the third quarter. GSA Capital Partners LLP now owns 176,855 shares of the energy company’s stock valued at $1,535,000 after buying an additional 93,644 shares during the last quarter. Institutional investors own 90.45% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Benchmark reaffirmed a “buy” rating and set a $13.00 price target on shares of SunCoke Energy in a report on Tuesday, November 5th.

SunCoke Energy Stock Performance

Shares of NYSE SXC opened at $9.06 on Friday. SunCoke Energy, Inc. has a 1 year low of $7.47 and a 1 year high of $12.82. The firm has a market cap of $763.81 million, a P/E ratio of 8.08 and a beta of 1.06. The stock has a fifty day moving average price of $9.98 and a two-hundred day moving average price of $9.93. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share 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%. Research analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 5.30%. SunCoke Energy’s dividend payout ratio is currently 42.86%.

SunCoke Energy 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.