Victory Capital Management Inc. Has $1.05 Million Stock Position in SunCoke Energy, Inc. (NYSE:SXC)

Victory Capital Management Inc. increased its position in shares of SunCoke Energy, Inc. (NYSE:SXC) by 3.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,414 shares of the energy company’s stock after acquiring an additional 4,017 shares during the quarter. Victory Capital Management Inc. owned 0.13% of SunCoke Energy worth $1,053,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. ProShare Advisors LLC lifted its holdings in shares of SunCoke Energy by 7.4% in the first quarter. ProShare Advisors LLC now owns 16,856 shares of the energy company’s stock valued at $190,000 after purchasing an additional 1,158 shares in the last quarter. SummerHaven Investment Management LLC lifted its stake in SunCoke Energy by 1.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 92,532 shares of the energy company’s stock worth $907,000 after acquiring an additional 1,464 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in SunCoke Energy by 2.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 99,682 shares of the energy company’s stock worth $1,123,000 after acquiring an additional 2,539 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in SunCoke Energy by 6.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 62,728 shares of the energy company’s stock worth $707,000 after acquiring an additional 3,570 shares during the period. Finally, New York State Teachers Retirement System grew its stake in SunCoke Energy by 9.9% during the 1st quarter. New York State Teachers Retirement System now owns 57,945 shares of the energy company’s stock valued at $653,000 after acquiring an additional 5,210 shares in the last quarter. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Trading Down 0.8 %

Shares of NYSE:SXC opened at $8.17 on Friday. The firm has a fifty day moving average of $9.26 and a two-hundred day moving average of $10.02. The company has a quick ratio of 1.19, a current ratio of 2.22 and a debt-to-equity ratio of 0.74. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month high of $11.85. The firm has a market capitalization of $687.02 million, a P/E ratio of 11.51 and a beta of 1.04.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data on Wednesday, July 31st. The energy company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.03. The business had revenue of $470.90 million during the quarter, compared to analyst estimates of $410.35 million. SunCoke Energy had a net margin of 3.11% and a return on equity of 9.56%. SunCoke Energy’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.24 EPS. On average, equities analysts expect that SunCoke Energy, Inc. will post 0.94 EPS for the current fiscal year.

SunCoke Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend was Thursday, August 15th. This is an increase from SunCoke Energy’s previous quarterly dividend of $0.10. SunCoke Energy’s dividend payout ratio is 67.61%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of SunCoke Energy from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 4th.

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.