7,158 Shares in SunCoke Energy, Inc. (NYSE:SXC) Acquired by AJOVista LLC

AJOVista LLC acquired a new stake in SunCoke Energy, Inc. (NYSE:SXC) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 7,158 shares of the energy company’s stock, valued at approximately $77,000.

Other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. grew its position in SunCoke Energy by 92.0% in the fourth quarter. Pacer Advisors Inc. now owns 4,241,721 shares of the energy company’s stock worth $45,556,000 after acquiring an additional 2,033,058 shares in the last quarter. Assenagon Asset Management S.A. increased its position in SunCoke Energy by 93.9% during the third quarter. Assenagon Asset Management S.A. now owns 1,146,422 shares of the energy company’s stock worth $11,636,000 after buying an additional 555,271 shares during the last quarter. Acadian Asset Management LLC raised its holdings in SunCoke Energy by 79.4% during the third quarter. Acadian Asset Management LLC now owns 1,021,956 shares of the energy company’s stock valued at $10,365,000 after buying an additional 452,261 shares in the last quarter. Barclays PLC lifted its position in shares of SunCoke Energy by 270.7% in the third quarter. Barclays PLC now owns 400,784 shares of the energy company’s stock worth $4,069,000 after buying an additional 292,683 shares during the last quarter. Finally, LSV Asset Management boosted its stake in shares of SunCoke Energy by 15.4% during the 4th quarter. LSV Asset Management now owns 2,049,517 shares of the energy company’s stock worth $22,012,000 after acquiring an additional 272,759 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 traded up $0.18 during mid-day trading on Friday, hitting $10.31. The company’s stock had a trading volume of 672,411 shares, compared to its average volume of 639,475. The firm has a market capitalization of $866.76 million, a PE ratio of 14.52 and a beta of 1.19. SunCoke Energy, Inc. has a one year low of $6.71 and a one year high of $11.48. The stock’s 50-day moving average is $10.81 and its two-hundred day moving average is $10.30. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.05 and a current ratio of 2.06.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings results on Wednesday, May 1st. The energy company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. The firm had revenue of $488.40 million for the quarter, compared to analyst estimates of $549.40 million. SunCoke Energy had a return on equity of 9.48% and a net margin of 2.97%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 earnings per share. As a group, sell-side analysts anticipate that SunCoke Energy, Inc. will post 0.86 EPS for the current year.

SunCoke Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a $0.10 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.40 dividend on an annualized basis and a yield of 3.88%. SunCoke Energy’s payout ratio is currently 56.34%.

Wall Street Analyst Weigh In

SXC has been the subject of a number of analyst reports. StockNews.com cut shares of SunCoke Energy from a “strong-buy” rating to a “buy” rating in a research note on Friday. Benchmark restated a “buy” rating and set a $12.00 price target on shares of SunCoke Energy in a report on Thursday.

Insider Buying and Selling

In other SunCoke Energy news, CEO Michael G. Rippey sold 78,714 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $11.06, for a total value of $870,576.84. Following the sale, the chief executive officer now directly owns 342,359 shares in the company, valued at $3,786,490.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Michael G. Rippey sold 48,618 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $10.93, for a total transaction of $531,394.74. Following the sale, the chief executive officer now owns 763,409 shares in the company, valued at $8,344,060.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael G. Rippey sold 78,714 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $11.06, for a total value of $870,576.84. Following the completion of the sale, the chief executive officer now owns 342,359 shares of the company’s stock, valued at $3,786,490.54. The disclosure for this sale can be found here. Insiders sold 251,572 shares of company stock valued at $2,781,834 over the last quarter. Corporate insiders own 1.73% of the company’s stock.

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.