TCW Group Inc. Sells 3,800 Shares of SunCoke Energy, Inc. (NYSE:SXC)

TCW Group Inc. trimmed its position in SunCoke Energy, Inc. (NYSE:SXC) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 648,627 shares of the energy company’s stock after selling 3,800 shares during the period. TCW Group Inc.’s holdings in SunCoke Energy were worth $6,940,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SXC. GAMMA Investing LLC lifted its stake in shares of SunCoke Energy by 71.3% in the 4th quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company’s stock worth $44,000 after purchasing an additional 1,730 shares during the period. KBC Group NV increased its holdings in SunCoke Energy by 61.1% during the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company’s stock valued at $65,000 after buying an additional 2,307 shares during the last quarter. Optas LLC purchased a new stake in SunCoke Energy during the third quarter valued at approximately $88,000. Navellier & Associates Inc. raised its position in SunCoke Energy by 11.3% in the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock worth $121,000 after acquiring an additional 1,152 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of SunCoke Energy during the 3rd quarter worth $120,000. 90.45% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Benchmark restated a “buy” rating and issued a $13.00 price objective on shares of SunCoke Energy in a research note on Tuesday, November 5th.

SunCoke Energy Stock Down 3.4 %

NYSE SXC opened at $9.19 on Monday. SunCoke Energy, Inc. has a 52 week low of $7.47 and a 52 week high of $12.82. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $772.39 million, a P/E ratio of 8.20 and a beta of 1.06. The stock’s 50-day moving average price is $10.20 and its 200-day moving average price is $9.92.

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

SunCoke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 5.23%. SunCoke Energy’s payout ratio is 42.86%.

SunCoke Energy 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.