Thrivent Financial for Lutherans Has $573,000 Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Thrivent Financial for Lutherans trimmed its stake in SunCoke Energy, Inc. (NYSE:SXC) by 45.3% in the third quarter, HoldingsChannel reports. The firm owned 66,036 shares of the energy company’s stock after selling 54,614 shares during the period. Thrivent Financial for Lutherans’ holdings in SunCoke Energy were worth $573,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. American Century Companies Inc. lifted its stake in shares of SunCoke Energy by 13.2% in the second quarter. American Century Companies Inc. now owns 2,512,292 shares of the energy company’s stock valued at $24,620,000 after buying an additional 292,050 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of SunCoke Energy by 3.1% in the second quarter. Pacer Advisors Inc. now owns 4,708,272 shares of the energy company’s stock valued at $46,141,000 after buying an additional 139,971 shares in the last quarter. GSA Capital Partners LLP lifted its stake in shares of SunCoke Energy by 112.5% in the third quarter. GSA Capital Partners LLP now owns 176,855 shares of the energy company’s stock valued at $1,535,000 after buying an additional 93,644 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of SunCoke Energy by 111.3% in the second quarter. Bank of Montreal Can now owns 176,260 shares of the energy company’s stock valued at $1,729,000 after buying an additional 92,827 shares in the last quarter. Finally, Semanteon Capital Management LP bought a new position in shares of SunCoke Energy in the third quarter valued at $802,000. 90.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. StockNews.com raised shares of SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th. Benchmark reissued a “buy” rating and set a $13.00 price target on shares of SunCoke Energy in a research report on Tuesday, November 5th.

SunCoke Energy Stock Down 0.9 %

SXC opened at $12.49 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27. The company’s 50-day moving average is $10.28 and its 200 day moving average is $9.80. SunCoke Energy, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $12.82. The firm has a market capitalization of $1.05 billion, a P/E ratio of 12.42 and a beta of 1.07.

SunCoke Energy (NYSE:SXC) last released its quarterly 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 company had revenue of $490.10 million for the quarter, compared to analyst estimates of $412.70 million. During the same period last year, the firm earned $0.08 earnings per share. The firm’s revenue was down 5.8% on a year-over-year basis. Research analysts expect that SunCoke Energy, Inc. will post 1.14 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The company 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. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend was Thursday, November 14th. SunCoke Energy’s payout ratio is currently 48.00%.

SunCoke Energy Company 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.