Stonehage Fleming Financial Services Holdings Ltd Purchases Shares of 15,000 SunCoke Energy, Inc. (NYSE:SXC)

Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of SunCoke Energy, Inc. (NYSE:SXCFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,000 shares of the energy company’s stock, valued at approximately $152,000.

Several other institutional investors have also added to or reduced their stakes in the business. Paulson Wealth Management Inc. boosted its position in SunCoke Energy by 17.8% during the third quarter. Paulson Wealth Management Inc. now owns 14,387 shares of the energy company’s stock valued at $146,000 after buying an additional 2,172 shares during the period. Advisor Partners II LLC purchased a new stake in SunCoke Energy during the third quarter valued at about $102,000. Yorktown Management & Research Co Inc purchased a new stake in SunCoke Energy during the third quarter valued at about $492,000. Strs Ohio boosted its position in SunCoke Energy by 113.8% during the third quarter. Strs Ohio now owns 71,400 shares of the energy company’s stock valued at $724,000 after buying an additional 38,000 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in SunCoke Energy during the third quarter valued at about $497,000. 86.96% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Stock Performance

SunCoke Energy stock opened at $10.12 on Thursday. The company has a current ratio of 1.68, a quick ratio of 0.85 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average of $9.87 and a 200-day moving average of $9.42. The firm has a market cap of $847.61 million, a P/E ratio of 15.57 and a beta of 1.24. SunCoke Energy, Inc. has a 1-year low of $6.71 and a 1-year high of $11.20.

SunCoke Energy (NYSE:SXCGet Free Report) last posted its earnings results on Wednesday, November 1st. The energy company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.10). The firm had revenue of $520.40 million for the quarter, compared to analysts’ expectations of $386.10 million. SunCoke Energy had a return on equity of 8.76% and a net margin of 2.70%. The business’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 earnings per share. Sell-side analysts expect that SunCoke Energy, Inc. will post 0.64 EPS for the current year.

SunCoke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were issued a $0.10 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $0.40 annualized dividend and a yield of 3.95%. SunCoke Energy’s dividend payout ratio (DPR) is presently 61.54%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of SunCoke Energy from a “strong-buy” rating to a “buy” rating in a report on Monday, November 6th.

Read Our Latest Stock Report on SXC

About SunCoke Energy

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SunCoke Energy (NYSE:SXC)

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