Natixis Advisors LLC bought a new stake in shares of SunCoke Energy, Inc. (NYSE:SXC – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 22,756 shares of the energy company’s stock, valued at approximately $243,000.
A number of other large investors also recently added to or reduced their stakes in the business. State Street Corp grew its stake in shares of SunCoke Energy by 3.5% during 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 last quarter. Pacer Advisors Inc. purchased a new stake in SunCoke Energy during the 4th quarter valued at about $27,164,000. Geode Capital Management LLC grew its position in SunCoke Energy by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,984,605 shares of the energy company’s stock worth $17,230,000 after acquiring an additional 40,801 shares during the last quarter. Bank of New York Mellon Corp increased its stake in SunCoke Energy by 4.5% in the 4th quarter. Bank of New York Mellon Corp now owns 1,030,196 shares of the energy company’s stock worth $11,023,000 after purchasing an additional 44,009 shares during the period. Finally, JPMorgan Chase & Co. lifted its position 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 purchasing an additional 191,235 shares during the last quarter. Hedge funds and other institutional investors own 90.45% of the company’s stock.
SunCoke Energy Stock Down 3.3 %
Shares of SunCoke Energy stock opened at $9.12 on Friday. The company’s 50 day moving average price is $9.48 and its 200-day moving average price is $9.99. SunCoke Energy, Inc. has a 52-week low of $7.47 and a 52-week high of $12.82. 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 stock has a market capitalization of $768.87 million, a price-to-earnings ratio of 8.14 and a beta of 0.98.
SunCoke Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.27%. The ex-dividend date was Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) 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.
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