Victory Capital Management Inc. Grows Position in SunCoke Energy, Inc. (NYSE:SXC)

Victory Capital Management Inc. raised its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 109,468 shares of the energy company’s stock after purchasing an additional 2,054 shares during the quarter. Victory Capital Management Inc. owned 0.13% of SunCoke Energy worth $950,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. SummerHaven Investment Management LLC lifted its position in SunCoke Energy by 1.6% during the second quarter. SummerHaven Investment Management LLC now owns 92,532 shares of the energy company’s stock valued at $907,000 after purchasing an additional 1,464 shares during the last quarter. Federated Hermes Inc. lifted its position in SunCoke Energy by 0.3% during the second quarter. Federated Hermes Inc. now owns 820,731 shares of the energy company’s stock valued at $8,043,000 after purchasing an additional 2,335 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in SunCoke Energy by 2.6% during the first quarter. Public Employees Retirement System of Ohio now owns 99,682 shares of the energy company’s stock valued at $1,123,000 after purchasing an additional 2,539 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in SunCoke Energy by 6.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 62,728 shares of the energy company’s stock valued at $707,000 after purchasing an additional 3,570 shares during the last quarter. Finally, nVerses Capital LLC lifted its position in SunCoke Energy by 488.9% during the third quarter. nVerses Capital LLC now owns 5,300 shares of the energy company’s stock valued at $46,000 after purchasing an additional 4,400 shares during the last quarter. Institutional investors own 90.45% of the company’s stock.

SunCoke Energy Trading Up 1.5 %

NYSE SXC opened at $12.48 on Thursday. 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 $1.05 billion, a price-to-earnings ratio of 12.43 and a beta of 1.02. The company’s 50-day simple moving average is $9.85 and its two-hundred day simple moving average is $9.72. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82.

SunCoke Energy (NYSE:SXC) last posted its earnings results on Thursday, October 31st. The energy company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.14. The business had revenue of $490.10 million for the quarter, compared to the consensus estimate of $412.70 million. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The company’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 EPS. Equities analysts forecast that SunCoke Energy, Inc. will post 1.14 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, November 14th. SunCoke Energy’s dividend payout ratio (DPR) is 48.00%.

Analysts Set New Price Targets

Several equities analysts have commented on SXC shares. Benchmark reiterated a “buy” rating and set a $13.00 price objective on shares of SunCoke Energy in a research report on Tuesday, November 5th. StockNews.com upgraded shares of SunCoke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th.

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.