SunCoke Energy, Inc. (NYSE:SXC) Shares Sold by Gator Capital Management LLC

Gator Capital Management LLC decreased its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 36.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,177 shares of the energy company’s stock after selling 28,000 shares during the quarter. Gator Capital Management LLC’s holdings in SunCoke Energy were worth $526,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in SunCoke Energy by 105.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 76,250 shares of the energy company’s stock valued at $816,000 after purchasing an additional 39,194 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of SunCoke Energy by 15.3% in the 4th quarter. Wells Fargo & Company MN now owns 55,152 shares of the energy company’s stock valued at $590,000 after purchasing an additional 7,338 shares during the last quarter. Trexquant Investment LP grew its stake in shares of SunCoke Energy by 77.0% during the 4th quarter. Trexquant Investment LP now owns 628,643 shares of the energy company’s stock valued at $6,726,000 after buying an additional 273,505 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of SunCoke Energy by 13.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 625,772 shares of the energy company’s stock worth $6,696,000 after buying an additional 72,110 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of SunCoke Energy in the 4th quarter worth $11,841,000. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Price Performance

SXC stock opened at $8.28 on Friday. The company has a market cap of $698.01 million, a PE ratio of 7.39 and a beta of 0.90. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The stock has a 50-day moving average price of $9.34 and a two-hundred day moving average price of $10.05. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month high of $12.82.

SunCoke Energy (NYSE:SXC) last issued its earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, research analysts predict that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date of this dividend was Friday, February 14th. SunCoke Energy’s dividend payout ratio is presently 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.