Bank of New York Mellon Corp Has $11.02 Million Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Bank of New York Mellon Corp boosted its stake in shares of SunCoke Energy, Inc. (NYSE:SXC) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,030,196 shares of the energy company’s stock after purchasing an additional 44,009 shares during the quarter. Bank of New York Mellon Corp owned about 1.23% of SunCoke Energy worth $11,023,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SXC. Navellier & Associates Inc. boosted its holdings in shares of SunCoke Energy by 11.3% during the 4th quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock worth $121,000 after buying an additional 1,152 shares during the period. Alberta Investment Management Corp lifted its position in SunCoke Energy by 29.0% during the fourth quarter. Alberta Investment Management Corp now owns 86,700 shares of the energy company’s stock worth $928,000 after acquiring an additional 19,500 shares during the last quarter. Sanctuary Advisors LLC lifted its position in SunCoke Energy by 3.6% during the fourth quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company’s stock worth $492,000 after acquiring an additional 1,592 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of SunCoke Energy by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 407,846 shares of the energy company’s stock worth $4,364,000 after acquiring an additional 11,473 shares during the period. Finally, Van ECK Associates Corp grew its position in shares of SunCoke Energy by 3.7% in the fourth quarter. Van ECK Associates Corp now owns 83,393 shares of the energy company’s stock valued at $892,000 after purchasing an additional 2,945 shares during the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Price Performance

Shares of NYSE SXC opened at $9.20 on Friday. The business’s 50 day moving average is $9.72 and its 200-day moving average is $9.95. The firm has a market cap of $775.62 million, a P/E ratio of 8.21 and a beta of 0.98. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. Equities research analysts predict that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.22%. The ex-dividend date of this dividend was Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is 42.86%.

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.