SunCoke Energy, Inc. (NYSE:SXC) Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lowered its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 198,261 shares of the energy company’s stock after selling 9,100 shares during the period. Brandywine Global Investment Management LLC’s holdings in SunCoke Energy were worth $2,121,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SXC. Intech Investment Management LLC raised its holdings in shares of SunCoke Energy by 116.0% during the 3rd quarter. Intech Investment Management LLC now owns 42,606 shares of the energy company’s stock valued at $370,000 after buying an additional 22,881 shares during the period. FMR LLC boosted its stake in shares of SunCoke Energy by 27.5% in the third quarter. FMR LLC now owns 327,724 shares of the energy company’s stock valued at $2,845,000 after purchasing an additional 70,786 shares during the period. Quantbot Technologies LP grew its holdings in SunCoke Energy by 111.2% during the 3rd quarter. Quantbot Technologies LP now owns 40,877 shares of the energy company’s stock valued at $355,000 after purchasing an additional 21,520 shares in the last quarter. BNP Paribas Financial Markets increased its stake in SunCoke Energy by 109.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 129,054 shares of the energy company’s stock worth $1,120,000 after buying an additional 67,396 shares during the period. Finally, Walleye Capital LLC acquired a new position in SunCoke Energy in the 3rd quarter worth $138,000. Hedge funds and other institutional investors own 90.45% of the company’s stock.

SunCoke Energy Stock Down 0.4 %

Shares of SunCoke Energy stock opened at $9.24 on Thursday. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82. The company has a market capitalization of $779.41 million, a PE ratio of 8.25 and a beta of 0.90. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27. The business has a 50-day moving average of $9.41 and a 200-day moving average of $10.04.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings data 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 return on equity of 14.31% and a net margin of 4.95%. As a group, equities analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

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. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 5.19%. SunCoke Energy’s dividend payout ratio (DPR) is 42.86%.

About SunCoke Energy

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.