BNP Paribas Financial Markets Has $1.12 Million Stock Position in SunCoke Energy, Inc. (NYSE:SXC)

BNP Paribas Financial Markets lifted its stake in SunCoke Energy, Inc. (NYSE:SXC) by 109.3% in the third quarter, HoldingsChannel reports. The firm owned 129,054 shares of the energy company’s stock after purchasing an additional 67,396 shares during the period. BNP Paribas Financial Markets’ holdings in SunCoke Energy were worth $1,120,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SXC. American Century Companies Inc. boosted its position in shares of SunCoke Energy by 13.2% in the 2nd quarter. American Century Companies Inc. now owns 2,512,292 shares of the energy company’s stock valued at $24,620,000 after purchasing an additional 292,050 shares during the period. Pacer Advisors Inc. boosted its position in shares of SunCoke Energy by 3.1% in the 2nd quarter. Pacer Advisors Inc. now owns 4,708,272 shares of the energy company’s stock valued at $46,141,000 after purchasing an additional 139,971 shares during the period. GSA Capital Partners LLP boosted its position in shares of SunCoke Energy by 112.5% in the 3rd quarter. GSA Capital Partners LLP now owns 176,855 shares of the energy company’s stock valued at $1,535,000 after purchasing an additional 93,644 shares during the period. Bank of Montreal Can boosted its position in shares of SunCoke Energy by 111.3% in the 2nd quarter. Bank of Montreal Can now owns 176,260 shares of the energy company’s stock valued at $1,729,000 after purchasing an additional 92,827 shares during the period. Finally, Semanteon Capital Management LP acquired a new position in shares of SunCoke Energy in the 3rd quarter valued at $802,000. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Trading Down 0.2 %

Shares of NYSE SXC opened at $12.20 on Wednesday. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82. The firm has a market capitalization of $1.03 billion, a PE ratio of 12.20 and a beta of 1.07. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The business has a 50-day moving average price of $10.66 and a two-hundred day moving average price of $9.86.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Thursday, October 31st. The energy company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.14. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. The firm had revenue of $490.10 million during the quarter, compared to analyst estimates of $412.70 million. During the same period last year, the company posted $0.08 EPS. The business’s quarterly revenue was down 5.8% compared to the same quarter last year. As a group, analysts predict that SunCoke Energy, Inc. will post 1.14 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.12 per share. The ex-dividend date was Thursday, November 14th. This represents a $0.48 dividend on an annualized basis and a yield of 3.93%. SunCoke Energy’s payout ratio is presently 48.00%.

Analyst Ratings Changes

SXC has been the subject of a number of recent analyst reports. StockNews.com upgraded SunCoke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, October 16th. Benchmark restated a “buy” rating and set a $13.00 price objective on shares of SunCoke Energy in a research report on Tuesday, November 5th.

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.