New York State Teachers Retirement System reduced its holdings in SunCoke Energy, Inc. (NYSE:SXC – Free Report) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,062 shares of the energy company’s stock after selling 1,100 shares during the period. New York State Teachers Retirement System owned approximately 0.08% of SunCoke Energy worth $696,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the business. State Street Corp lifted its holdings in SunCoke Energy by 3.5% in the third quarter. State Street Corp now owns 4,848,334 shares of the energy company’s stock valued at $42,084,000 after buying an additional 163,839 shares during the period. Pacer Advisors Inc. acquired a new position in SunCoke Energy in the fourth quarter valued at approximately $27,164,000. Geode Capital Management LLC lifted its holdings in SunCoke Energy by 2.1% in the third quarter. Geode Capital Management LLC now owns 1,984,605 shares of the energy company’s stock valued at $17,230,000 after buying an additional 40,801 shares during the period. JPMorgan Chase & Co. lifted its holdings in SunCoke Energy by 28.9% in the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock valued at $7,396,000 after buying an additional 191,235 shares during the period. Finally, Jane Street Group LLC raised its holdings in SunCoke Energy by 450.3% in the third quarter. Jane Street Group LLC now owns 665,054 shares of the energy company’s stock worth $5,773,000 after purchasing an additional 544,194 shares during the period. 90.45% of the stock is currently owned by institutional investors and hedge funds.
SunCoke Energy Trading Down 3.4 %
SXC opened at $9.19 on Monday. The firm’s fifty day moving average is $10.20 and its two-hundred day moving average is $9.92. 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 firm has a market cap of $772.37 million, a PE ratio of 8.20 and a beta of 1.06. SunCoke Energy, Inc. has a twelve month low of $7.47 and a twelve month high of $12.82.
SunCoke Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.23%. The ex-dividend date of this dividend is Friday, February 14th. SunCoke Energy’s dividend payout ratio is 42.86%.
Analyst Ratings Changes
Separately, Benchmark reiterated a “buy” rating and issued a $13.00 target price on shares of SunCoke Energy in a report on Tuesday, November 5th.
View Our Latest Stock Analysis on SunCoke Energy
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.
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