XTX Topco Ltd acquired a new stake in shares of SunCoke Energy, Inc. (NYSE:SXC – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 13,821 shares of the energy company’s stock, valued at approximately $120,000.
Other large investors have also recently bought and sold shares of the company. Innealta Capital LLC acquired a new position in SunCoke Energy in the second quarter valued at about $70,000. Lee Danner & Bass Inc. bought a new stake in SunCoke Energy during the 2nd quarter worth approximately $245,000. Beacon Bridge Wealth Partners LLC acquired a new stake in SunCoke Energy during the 2nd quarter worth approximately $111,000. Victory Capital Management Inc. lifted its stake in SunCoke Energy by 3.9% in the second quarter. Victory Capital Management Inc. now owns 107,414 shares of the energy company’s stock valued at $1,053,000 after buying an additional 4,017 shares in the last quarter. Finally, Ballentine Partners LLC boosted its holdings in shares of SunCoke Energy by 35.0% in the second quarter. Ballentine Partners LLC now owns 32,401 shares of the energy company’s stock valued at $318,000 after buying an additional 8,400 shares during the period. Institutional investors own 90.45% of the company’s stock.
Analyst Ratings Changes
SXC has been the topic of several research reports. StockNews.com raised shares of SunCoke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, October 16th. Benchmark restated a “buy” rating and issued a $13.00 price target on shares of SunCoke Energy in a report on Tuesday, November 5th.
SunCoke Energy Price Performance
Shares of SXC opened at $10.94 on Friday. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. SunCoke Energy, Inc. has a twelve month low of $7.47 and a twelve month high of $12.82. The stock has a market capitalization of $919.97 million, a P/E ratio of 10.94 and a beta of 1.07. The company has a 50 day moving average of $11.15 and a 200-day moving average of $9.93.
SunCoke Energy (NYSE:SXC – Get Free Report) last released its earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.14. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The business had revenue of $490.10 million during the quarter, compared to the consensus estimate of $412.70 million. During the same quarter last year, the firm earned $0.08 earnings per share. The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. As a group, equities research analysts forecast that SunCoke Energy, Inc. will post 1.14 EPS for the current fiscal year.
SunCoke Energy Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 14th were given a dividend of $0.12 per share. The ex-dividend date was Thursday, November 14th. This represents a $0.48 annualized dividend and a yield of 4.39%. SunCoke Energy’s dividend payout ratio (DPR) is presently 48.00%.
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.
Further Reading
- Five stocks we like better than SunCoke Energy
- Canada Bond Market Holiday: How to Invest and Trade
- Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
- How to buy stock: A step-by-step guide for beginnersÂ
- Mining Stocks Back in the Spotlight: 3 Key Names to Watch
- Election Stocks: How Elections Affect the Stock Market
- MarketBeat Week in Review – 12/16 – 12/20
Receive News & Ratings for SunCoke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunCoke Energy and related companies with MarketBeat.com's FREE daily email newsletter.