EntryPoint Capital LLC raised its stake in SunCoke Energy, Inc. (NYSE:SXC – Free Report) by 36.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,819 shares of the energy company’s stock after purchasing an additional 7,915 shares during the period. EntryPoint Capital LLC’s holdings in SunCoke Energy were worth $319,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. GAMMA Investing LLC grew 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 valued at $44,000 after buying an additional 1,730 shares during the period. KBC Group NV boosted its holdings in SunCoke Energy by 61.1% in the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company’s stock worth $65,000 after acquiring an additional 2,307 shares in the last quarter. Tocqueville Asset Management L.P. acquired a new stake in SunCoke Energy in the fourth quarter valued at approximately $118,000. XTX Topco Ltd bought a new stake in shares of SunCoke Energy during the third quarter valued at approximately $120,000. Finally, Navellier & Associates Inc. raised its position in shares of SunCoke Energy by 11.3% during the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock worth $121,000 after purchasing an additional 1,152 shares during the period. Institutional investors and hedge funds own 90.45% of the company’s stock.
SunCoke Energy Price Performance
Shares of SXC opened at $9.44 on Friday. The stock has a market cap of $795.86 million, a P/E ratio of 8.42 and a beta of 0.98. The business’s fifty day moving average is $9.50 and its 200 day moving average is $9.99. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month high of $12.82.
SunCoke Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.09%. The ex-dividend date was Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is presently 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.
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