JPMorgan Chase & Co. Has $8.21 Million Stake in SunCoke Energy, Inc. (NYSE:SXC)

JPMorgan Chase & Co. decreased its position in SunCoke Energy, Inc. (NYSE:SXC) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 767,098 shares of the energy company’s stock after selling 84,953 shares during the quarter. JPMorgan Chase & Co.’s holdings in SunCoke Energy were worth $8,208,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC increased its stake in shares of SunCoke Energy by 257.0% during the 3rd quarter. Barclays PLC now owns 202,890 shares of the energy company’s stock worth $1,763,000 after purchasing an additional 146,065 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in SunCoke Energy in the fourth quarter worth $469,000. Prudential Financial Inc. increased its position in SunCoke Energy by 59.9% during the fourth quarter. Prudential Financial Inc. now owns 324,664 shares of the energy company’s stock worth $3,474,000 after buying an additional 121,600 shares during the last quarter. Veracity Capital LLC bought a new position in SunCoke Energy during the fourth quarter valued at about $453,000. Finally, Teacher Retirement System of Texas lifted its position in shares of SunCoke Energy by 104.9% in the fourth quarter. Teacher Retirement System of Texas now owns 136,500 shares of the energy company’s stock worth $1,461,000 after buying an additional 69,891 shares during the last quarter. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Stock Performance

Shares of NYSE SXC opened at $9.06 on Wednesday. The business’s 50-day simple moving average is $9.17 and its 200-day simple moving average is $10.06. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. SunCoke Energy, Inc. has a 52 week low of $7.47 and a 52 week high of $12.82. The firm has a market cap of $767.06 million, a price-to-earnings ratio of 8.09 and a beta of 0.90.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings results on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating 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%. As a group, equities research analysts expect that SunCoke Energy, Inc. will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.30%. The ex-dividend date was Friday, February 14th. SunCoke Energy’s dividend payout ratio is currently 42.86%.

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.